Eros: celebrating IPO success in its own style

Eros: celebrating IPO success in its own styleThe well known Eros International Media, which is a subsidiary of Eros International Plc, hoisted up Rs. 350 crore via the public offer and anticipates utilizing these earnings to obtain and co-create films in a number of dialects.

Today the group churned out a astral introduction on the bourses, unbolting 17 per cent upwards at Rs. 204.45 on the National Stock Exchange and 21 per cent elevated at Rs. 213 on the Bombay Stock Exchange. Further aka Superstar Shahrukh Khan was in attendance for the catalog observance.

This financial year, the group has rolled it’s sleeves to release approximately seven to eight high funds films with approximately above Rs. 40 crore and above such as 'Agent Vinod', starring Saif Ali Khan, and 'Ra. One', casting Shahrukh Khan, amidst many others.

It lately released the blockbusters like 'Anjaana Anjaani' which has twisted out to be a nice gainful movie.

According to the Eros Chief Financial Officer Kamal, the group did approximately Rs. 30 crore in the initial three days. They have put up for sale all the satellite privileges and have by now regained its expenses.

He further added that the group anticipates releasing approximately one film with in every 15 days, he added. The company has queued up Rs. 700 crore capital expenditure program for the coming two years.