Wednesday, August 29, 2007

Pritish Nandy Communications : The Adlabs of the Future

Company Name : Pritish Nandy Communications
BSE:532387
NSE:PNC
Face Value: 10
CMP : Rs 83.85
Target : Rs 250 (9-12 months)
Website : http://www.pritishnandycom.com/ ( Impressive Website!!! A must watch even if u donot want to buy the stock)
 
About The Company:
Pritish Nandy Communications is one of the first corporate entities in Bollywood. Founded by Pritish Nandy, wellknown poet and journalist, PNC has been professionally managed from its very inception. It was one of the first media and entertainment companies to go public in 2000, when it listed on India's two best known stock exchanges, the BSE and the NSE, where it is among the few listed stocks in the sector. Well known global funds like Soros, Oppenheimer, Alliance and Lloyd George hold PNC stock. The company has grown consistently and has an unbroken profit and dividend record over the 12 years of its existence. It has won many awards for its management excellence and is the first company in the movie business to pursue corporate excellence goals and targets. At the same time, it nurtures talent and has launched some of the biggest names in the creativity business.
 
PNC has opened Sin, its cafe and bristro at Moksh, the wellness club in Breach Candy, Mumbai.Moksh is India`s first wellness club and a holistic facility corporation a state-of-the art Cybex gym
 
Some of the movies produced by them:
  • Kaante
  • Jhankar Beats
  • Pyar Ke side effects
  • Sur
 
Financials:
The company is still maturing and a multibagger of the future. Hence I am not including the financials. To see financials refer
 
 
News Items
Item 1: PNC to Remake 3 Classic Films in Animation Version Dated 17th Aug 2007
 
Pritish Nandy Communications Ltd (PNC) has announced that it has started work on making Shakti Samanta's famous action thriller Howrah Bridge, starring legendary actors Ashok Kumar and Madhubala, and featuring two of the most successful songs in Hindi film history, composed by O P Nayyar. The original film, shot in black and white in 1958, is a cult classic and also starred Helen in her most famous cabaret number, K N Singh, Om Prakash, Madan Puri, Mehmood and Minoo Mumtaz.

The film is being made by the Company as a tribute to the genius of Shakti Samanta, one of Bollywood's legendary film makers, and the animation work will be done by Florida-based Motion Pixel Corporation, who are already partnering the Company on five animation film projects.

Following Howrah Bridge, the Company has also acquired the rights to make animation versions of two other Shakti Samanta films; Amar Prem, starring Rajesh Khanna and Sharmila Tagore, and Barsaat Ki Ek Raat, starring Amitabh Bachchan and Raakhee. "This is our way of reviving some of the grand old classics of Indian cinema and introducing them to the new generation of movie goers", says Pritish Nandy, Chairman, the Company.
 
 
Item 2: Press Release  Dated 10th July 2007
Pritish Nandy Communications Ltd (PNC) has announces the worldwide release of its forthcoming film 'Bow Barracks Forever' on July 27, 2007.

Written and directed by Anjan Dutt, the film has already won acclaim on the international film festival circuit and will be the second PNC film under the PNC Classics banner. The first film under this banner was Hazaaron Khaishein Aisi, which was also internationally acclaimed and won the first Ramnath Goenka Award for the Best Film of 2005 at the Star Screen Awards.

It stars Victor Banerjee, Lilette Dubey, Rupa Ganguly, Neha Dubey and Moon Moon Sen. The music has been released by Times Music and is already on the Top 20 Hit List.

Allied Film Services, an associate Company of UFO Moviez, has licensed the theatrical distribution rights of the movie for Mumbai, Delhi, Punjab, Mysore and Tamil Nadu. Kapurchand has licensed the rights for West Bengal. Eros Multimedia has licensed the overseas rights while Star TV has licensed world satellite rights.
 
Item 3: Press Release  Dated 4th May 2007
Pritish Nandy Communications Ltd has announced its five film deal with Florida-based Motion Pixel Corporation and its award winning animation studio Estudio Flex in Costa Rica. The exclusive deal between the two Companies includes five 3D animated full-length Bollywood feature films with a total budget outlay of $25 million. The first of these five films is currently in production and is a version 2.0 of one of Company's most successful live action films.

The deal will see the Company handle the scripting, sound track and marketing of these animated films, which will feature voice-overs by some of Bollywood's top stars, while MPC will do all the animation work.

These animated films will provide a new extension to the Indian film industry, which is one of the fastest growing film industries in the world today, and could multiply its turnover by creating many Indian and international language versions of what are essentially successful Bollywood movies. Manny Bains, Chairman of MPC, comments "We are extremely excited to be working with a creative Company of the stature of PNC. We will work exclusively together to take ahead both the multi-billion dollar animation sector and the ever growing global Bollywood market."

Pritish Nandy shares the same vision. "We have seen MPC's animation work and they will totally redefine what we know as animation movies in India. These are not kid flicks. These are movies of every genre that everyone of every age will watch in their own language. They will surprise world audiences with the ingenuity and magic of Bollywood."

The first of these joint venture animation movies is expected to be ready for release in the first half of 2008.

 

 


 

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