Eros International Plc has filed an IPO with the US Securities and Exchange Commission (SEC) on March 30, 2012 and intends to raise $250 million. It has not revealed the number of shares or the starting price yet. Deutsche Bank Securities, BofA Merrill Lynch, Citigroup and UBS Investment Bank have been appointed as the joint-underwriters and the company's stock symbol on the New York Stock Exchange (NYSE) will be 'EROS'. The company stated that it is currently listed in the Alternative Investment Market (AIM), London Stock Exchange under the symbol 'EROS', however the company will apply for de-listing of its ordinary shares, following the share listing in NYSE. Notes from the F-1 SEC filing: Rights: Eros International currently owns rights for 2600 movies which also includes a catalog of 700 Kannada movies for which it only has digital rights. 47% of these movies are regional language movies (excluding Kannada) followed by 28% Kannada Movies and the rest 25% are Hindi Movies. Eros also owns music rights for 57% of its Hindi movies and 32% of its regional movies (excluding Kannada). It doesn't own music rights in any of its Kannada movies. Eros distributes movies over 50 countries internationally, including South Asian markets, Middle East, the United States and the United Kingdom. The company has distributed over 55 movies in the period March 2011-December 2011 and over 270 films in the last three fiscal years. Hindi Films constitute a significant portion of revenues and associated content costs. The company distributed 15 Hindi movies globally…
