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Balaji Telefilms

#8825

Rank

$120.71M

Marketcap

IN India

Country

Balaji Telefilms
Leadership team

Mr. Sanjay Dwivedi (Group Chief Financial Officer)

Ms. Shobha Ravi Kapoor (MD & Exec. Director)

Ms. Ekta Ravi Kapoor (Joint MD & Exec. Director)

Products/ Services
Broadcasting, News, Video
Number of Employees
50 - 100
Headquarters
Mumbai, Maharashtra, India
Established
1994
Revenue
20M - 100M
Traded as
BALAJITELE.NS
Social Media
Overview
Location
Summary
Balaji Telefilms Limited engages in the entertainment business in India and internationally. The company operates through Commissioned Programmes, Films, and Digital segments. It produces and distributes television content and films primarily in Hindi under the Balaji Telefilms brand name; and produces reality shows and events. The company offers B2C and B2B digital content business under the brand name of ALT Balaji; creates intellectual property rights; operates Hoonur, a platform for media professionals and entertainment consumers; and operates a subscription-based video on demand over the top platform. The company was incorporated in 1994 and is headquartered in Mumbai, India.
History

The company registered as 'Balaji Telefilms Private Limited' on 11 November 1994 in Mumbai, India, with the objective of creating serials and other entertainment content by Ekta Kapoor and Shobha Kapoor. Balaji has specialised in formatted programming that can be adapted for languages around the nation as well as abroad. One notable success Kyunki Saas Bhi Kabhi Bahu Thi. Other examples include Kahaani Ghar Ghar Kii, Kaahin Kissii Roz, Kahiin to Hoga,Kasautii Zindagii Kay, Kkusum, Kutumb, Kohi Apna Sa, Kasamh Se, Pavitra Rishta, Parichay, Kya Hua Tera Vaada, Jodha Akbar, Bade Achhe Lagte Hain, Yeh Hai Mohabbatein, Naagin, Kumkum Bhagya and Kundali Bhagya The later five are dubbed and re-produced in several languages across India and Asia. In recent years the company has been expanding its reality show output with shows such as titles such as Box Cricket League on Sony TV.Balaji was incorporated as a public limited company on 29 February 2000, and its name was changed to 'Balaji Telefilms Ltd' on 19 April 2000. The company made public issue of 28,00,000 equity shares of ?10 each at a premium of ?120 aggregating ?36.40 crore. The issue included a book-built portion of 25,20,000 equity shares and a fixed price portion of 2,80,000 equity shares. In the same year, Nine Network Entertainment India Pvt. Ltd, a wholly-owned subsidiary of Nine Broadcasting India Pvt. Ltd., merged with Balaji Telefilms Ltd. During 2000–04 the stock market capitalization grew sixteenfold to ?571 crores when Star India acquired a 26% stake in the business.Balaji Telefilms started a media training institute in 2010. Known as ICE Institute of Creative Excellence, it trains students in acting, cinematography, direction, modelling, etc.In 2014, the company and Ekta Kapoor were subject to protests in Jaipur led by the Shri Rajput Karni Sena , a Hindutva group. These occurred because of perceived communal slights in the Jodha Akbar television series.In 2015, Balaji Telefilms produced a finite series, Naagin, which became the most viewed show on Indian television since its inception. The show won multiple awards and returned for its second and third season, which also generated high ratings. The fourth season of series was broadcast starting in December 2019 but it was not doing well on television so it was replaced by the fifth season of the series in August 2020.In 2017, Reliance Industries acquired a 25% stake in Balaji Telefilms for Rs413 crore. The deal gave RIL access to Balaji Telefilms’ content for use by telecom unit Reliance Jio.

Mission
Balaji Telefilms is committed to creating world-class content for the entertainment industry across television, digital, and theatrical platforms.
Vision
Balaji Telefilms seeks to be a cutting edge entertainment production house, bringing innovation, creativity and passion to every project they undertake.
Key Team

Mr. Stephen Daniel (Group Head of HR)

Mr. Abhishek Kumar (Group Chief Exec. Officer)

Mr. Vimal Doshi (Head of Distribution - Motion Pictures)

Mr. Kartik Sankaran (Sr. VP of Investor Relations)

Ms. Ruchikaa Kapoor (Exec. VP of Marketing, Creative & Branding - Motion Pictures)

Mr. Shahabuddin Shaikh (Chief Technology Officer of ALTBalaji)

Ms. Tanushri Das Gupta (Exec. VP of Digital)

Recognition and Awards
Balaji Telefilms has won several accolades, including the Indian Television Academy Awards, Apsara Film & Television Producers Guild Awards, Indian Telly Awards, Asian Television Awards, Indian Screen IPF Awards, and Zee Rishte Awards.
References

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Balaji Telefilms
Leadership team

Mr. Sanjay Dwivedi (Group Chief Financial Officer)

Ms. Shobha Ravi Kapoor (MD & Exec. Director)

Ms. Ekta Ravi Kapoor (Joint MD & Exec. Director)

Products/ Services
Broadcasting, News, Video
Number of Employees
50 - 100
Headquarters
Mumbai, Maharashtra, India
Established
1994
Revenue
20M - 100M
Traded as
BALAJITELE.NS
Social Media