Euro MultiVision To List On 15 Oct

Euro MultiVision To List On 15 Oct
euro

Introduction – EURO MULTIVISION

Euro Multivision Limited (EML) was incorporated on April 29, 2004 with a vision to tap the vast potential of the Indian market place for CD-R’s and DVD-R’s. Our manufacturing facility is situated at Taluka Bhachau, District- Kutch, Gujarat. Our manufacturing facility is fully automated with least human intervention, which ensures international quality standards with optimum utilization of installed capacities. The major parts of the said manufacturing facility are procured from VDL ODMS B.V, Netherlands which is one of the leading suppliers for CDR manufacturing technology. Further, our manufacturing facility operates in Class 10000 (class 10,000 clean rooms, which enable us to produce clean, sterile, aseptic and dust-free products and components) environment.. The Company has technical assistance from VDL-ODMS B.V. of the Netherlands, a world renowned leader for manufacturing lines of compact disc recordable.

With the run-away growth of Indian stronghold sectors such as IT, Music, Entertainment and Motion Pictures etc., Euro Multivision Ltd. is increasingly playing a vital role in these sectors demands for high-quality CDs and DVDs. Our annual production of 180 million discs already makes us the second largest Optical Storage Media manufacturing company in India.

Euro Multivision Ltd. is founded on the same underlying principles that have shaped the success of the Euro Group. Our Group policy of Product and customer satisfaction is taken at utmost care and importance at Euro Multivision Ltd. The near future market potential for CDs is also conducive to growth with rising usage in spheres such as Entertainment, Education, Health Care, and Retail.

EML adheres to Group philosophy of safeguarding Core Business Values and Ethics while transcending to the next level with focused market leadership through assured quality, and the creation of equal opportunities for clients, employees and suppliers. Euro Multivision Ltd. is working towards becoming the most favored choice of its Business Associates through long-term value-based partnerships.

Manufacturer of compact disc recordables (CDRs) and digital versatile disc recordables (DVDRs), Euro Multivision will list on Indian Stock Markets, Bombay Stock Exchange and National Stock Exchange on the exchanges on 15 October, 2009.

Earlier, company came out with an initial public offering (IPO) of 88 lakh equity shares during 22 – 24 September, 2009. The issue price was fixed at Rs 75 per share. Euro Multivision raised Rs 660 million (Rs 66 crore) via this issue.

The promoters’ shareholding has been reduced to 51.12% from 81.11%.

Leave a Reply

You can use these XHTML tags: <a href="" title=""> <abbr title=""> <acronym title=""> <blockquote cite=""> <code> <em> <strong>