Eros International Raises $42 Million From London’s AIM; Market Cap = $330 Million

FinanceAsia.com: It was supposed to be an $100-million IPO according to the earlier reports. Anyway, bollywood distributor Eros International listed on London’s Alternate Investment Market and raised about about 22.5 million pounds ($41.48 million). The listing was on July 4. The company has an initial market capitalisation of 176 million pounds (Rs 1,490 crore). This will make it the largest listed company in the Indian film industry. Eros chairman and chief executive, Kishore Lulla said, –