IPO PR/IR CASE STUDY

Issue size : Rs.138.2 crores &  Issue Price Band: Rs.135- Rs.155


 

BRIEF

  • To effectively reach out to the investor community
  • Drive communication to ensure over subscription of the Issue

OBJECTIVES

  • To build corporate image to enhance credibility of the promoters amongst the investment community
  • Over Subscription of IPO
  • Premium on listing on BSE/NSE

APPROACH

PRE-IPO PHASE:

  • Media Activity: Select media one-on-ones with key IPO specific media.
    • Key messages – IPO announcement & Company Profiling
  • Roadshow Management: Planning, logistics, implementation & co-ordination of roadshow activities across 5 key investment centres

IPO PHASE:

  • Roadshows in 5 centers (Mumbai, Ahmedabad,Baroda, Rajkot  and Chennai) from 09th to 18th October 2006
    • Press Conferences: Mumbai, Ahmedabad, Rajkot
    • Press One-on-ones: Chennai
    • Brokers and Analyst Meet: Mumbai, Ahmedabad, Baroda & Rajkot

POST IPO PHASE:

  • Press Release dissemination: Price Finalization & Basis of Allotment
  • Listing Ceremony at NSE:
    • ‘Gong Ceremony’ arranged
    • Key Electronic Media & News wires attend the ceremony
    • Press Release disseminated
 

Results

 
 
 
 
 
 
 
 

 

HIGHLIGHTS

  • IPO Oversubscribed by 42.32 Times
  • Premium listing at Rs.166 on NSE & Rs.175 on BSE
  • Quantitative Media Evaluation – Rs.2,17,00,862
    • Print: Rs. 70,06,862
    • Electronic:Rs. 1,46,94,000
  • Achieved POSITIVE reviews/subscription recommendations from key media,analysts & brokers
  • VERY CRITICAL TO IPO COMMUNICATIONS
  • Record Analyst & Brokers turnout in Mumbai –
    • Analysts: 115
    • Brokers: 105
  • Return on Investments – PR Fee = Rs.1.5 Lakhs
  • Quantitative Media Deliverables = Rs. 2.17 crores