BGIL Films & Technologies Ltd

(511664)

BGIL Films Technologies Limited BGFT was formerly incorporated as Nam Credit Investment Consultants Limited on March 27 1989. BGFT is a complete film production house engaged mainly into production and distribution of films also having very good skills expertise in multimedia animation. Further company has marked its presence in production of animation films too.SEBIregistered categoryIII merchant banker the company is engaged in the nonfundbased financial activities like merchant banking leasing securities trading etc. It came out with a public issue of 21 lac equity shares of Rs 10 each for cash at par aggregating Rs 2.1 cr.The merchant banking division of the company has acted as a lead manager to the rights issue of Gupta Carpet Udyog. The company is trading in securities on behalf of its clientele at Panchkula Ludhiana Ambala Amritsar Karnal and Delhi to provide the facility of buying and selling shares on spot payment.The company reported a sales of Rs 0.10 cr in 19992000 as compared to Rs 0.20 cr in the previous year.During the year 200405 the funds of the Company were invested with the associate companies at a fixed rate of interest. Pursuant to Share Purchase Agreement dated 12th July 2005 Company was taken over by Mr. Rakesh Bhatia Mrs. Arti Bhatia M/s Bharatiya Global Infomedia Ltd. Acquirers as per Securities Exchange Board of India Substantial Acquisition of Shares and Takeover Regulations 1997 after making a cash offer for sale of 20 of total issued Subscribed Capital through Public Announcement. Consequently entire Control of Management of the Company was shifted to Mr. Rakesh Bhhatia Mrs. Arti Bhatia M/s Bharatiya Global Infomedia Ltd. w.e.f. 15.11.2005.The Company diversified its business to Films IT Media/Entertainment during year 200607. After getting the approval of the Registrar of the Companies NCT of Delhi Haryana regarding the change of name on 02.011.2007 the Company started its new activities with full pace i.e. Films IT Media/Entertainment under the new name of the Company.M/s ThreeD Communications Ltd. was merged with Company effective 23 May 2007. The Company merged Digital Post Production Studio Division Digital Signage Division and the Films Production Division along with the Stock of Movies by demerging the same from M/s. Bharatiya Global Infomedia Ltd . a Company under the same management. During the year 201011 Bharatiya Global Infomedia Ltd a Group Company of BGIL Films Technologies Limited came out with an IPO of 6720000 Equity Shares of Rs 10/ each.Kriti Communications Private Limited was amalgamated with the Company during 201112. During the year 2013 Company released the movie the Saint who thought otherwise all over India through PVR cinemas on 28th June 2013..

Share Price: ₹6.37 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹7.00Cr as of today