Bookbuilding IPO | ₹375 Cr | Listed at BSE, NSE | Tue, Mar 10, 2015 - Tue, Mar 17, 2015
Adlabs Entertainment IPO is a book build issue of ₹374.59 crores. The issue is a combination of fresh issue of 1.83 crore shares aggregating to ₹337.74 crores and offer for sale of 0.20 crore shares aggregating to ₹36.86 crores.
Adlabs Entertainment IPO bidding started from Mar 10, 2015 and ended on Mar 12, 2015. The shares got listed on BSE, NSE on Apr 6, 2015.
Adlabs Entertainment IPO price band is set at ₹180 per share. The lot size for an application is 65. The minimum amount of investment required by an retail is ₹13,975 (65 shares) (based on upper price). The lot size investment for sNII is 18 lots (1,170 shares), amounting to ₹2,10,600, and for bNII, it is 86 lots (5,590 shares), amounting to ₹10,06,200.
Centrum Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Adlabs Entertainment IPO RHP for detailed Information.
IPO Open
Tue, Mar 10, 2015
IPO Close
Tue, Mar 17, 2015
Issue Price
₹180 per share
Market Cap (Pre-IPO)
₹1,438.16 Cr
| IPO Date | 10 to 17 Mar, 2015 |
| Listed on | Mon, Apr 6, 2015 |
| Face Value | ₹10 per share |
| Price Band | ₹180 to ₹215 |
| Issue Price | ₹180 per share |
| Lot Size | 65 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Retail Discount | Rs 12.00 per share |
| Total Issue Size | 2,03,26,227 shares (agg. up to ₹375 Cr) |
| Fresh Issue | 1,83,26,227 shares (agg. up to ₹338 Cr) |
| Offer for Sale | 20,00,000 shares of ₹10 (agg. up to ₹37 Cr) |
| Share Holding Pre Issue | 6,15,71,583 shares |
| Share Holding Post Issue | 7,98,97,810 shares |
| BSE Script Code / NSE Symbol | 539056 / IMAGICAA |
| ISIN | INE172N01012 |
Adlabs Entertainment IPO comprises a total issue size of 2,03,26,227 shares. Out of which, 1,52,44,671 (75.00%) are allocated to QIB, 30,48,934 (15.00%) allocated to NII 20,32,622 (10.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 1,52,44,671 | 75.00% | NA |
| − Anchor Investor Shares Offered | 91,46,802 | 45.00% | NA |
| − QIB (Ex. Anchor) Shares Offered | 60,97,869 | 30.00% | NA |
| NII (HNI) Shares Offered | 30,48,934 | 15.00% | NA |
| Retail Shares Offered | 20,32,622 | 10.00% | 31,271 |
| Total Shares Offered | 2,03,26,227 | 100.00% |
Investors can bid for a minimum of 65 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 65 | ₹11,700 |
| Retail (Max) | 17 | 1,105 | ₹1,98,900 |
| S-HNI (Min) | 18 | 1,170 | ₹2,10,600 |
| S-HNI (Max) | 85 | 5,525 | ₹9,94,500 |
| B-HNI (Min) | 86 | 5,590 | ₹10,06,200 |
Adlabs Entertainment Limited is mainly engaged in the business of theme park and entertainment industry. AEL own and operates Adlabs Imagica which is India's first and only international standard theme park. It offers entertainment, dining, shopping and accommodation under one roof. The Rs 1,650-crore theme park spread over 300 acres opened in April 2013. It can accommodate as many as 20,000 visitors.
The Theme Park, is a part of Adlabs Mumbai, a 'one-stop' entertainment destination that they offer at this location. Adlabs Mumbai also includes Aquamagica, a water park, which became fully operational on October 1, 2014, and a family hotel, Novotel Imagica Khopoli, the first phase of which is expected to be completed by March 2015.
Currently they have 25 rides and five themed restaurants which include a ride based on the Bollywood film Mr. India, India's biggest floor-less roller coaster, and a 300-room hotel and water park. They also offer entertainment through live performances by acrobats, magicians, dancers, musicians and other artists throughout the day in various parts of theme park.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Partial repayment or pre-payment of the Consortium Loan | 270.00 |
| 2 | General corporate purposes | 87.34 |
| KPI | |
|---|---|
| RoNW | -16.74% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 77.01% | 56.84% |
| Market Cap | ₹1,438.16 Cr. |
The Adlabs Entertainment IPO is subscribed 1.09 times on March 17, 2015 5:30:00 PM (Day 6). The public issue subscribed 1.3 times in the retail category, 1.17 times in the QIB category, and 0.69 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 1.17 | 1,52,44,671 | |
| NII | 0.69 | 30,48,934 | |
| Retail | 1.3 | 20,32,622 | |
| Total | 1.09 | 2,03,26,227 |
Discount of Rs 12.00 is available for Retail investors.
ADLABS Entertainment Ltd IPO raised less funds (Rs 276.67 Cr.) than its proposed public issue (Rs 374.60 Cr.) as the IPO didn't subscribe fully in NII category.
Shares Offered | Price(Rs ) | Public Issue Size (Rs ) | Shares Allocated | Total Amount Raised (Rs ) | |
|---|---|---|---|---|---|
QIB+NII | 18,293,605 | 180 | 3,292,848,900 | 13,473,335 | 2,425,200,300 |
Retail | 2,032,622 | 168 | 341,480,496 | 2,032,622 | 341,480,496 |
Total | 20,326,227 | 3,634,329,396 | 15,505,957 | 2,766,680,796 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to GCLMs (including underwriting commission, brokerage and selling commission) | 14.16 |
| 2 | Commission and processing fees for SCSBs | 0.02 |
| 3 | Brokerage and selling commission for Registered Brokers | 0.01 |
| 4 | Registrar to the Issue | 0.17 |
| 5 | Other advisers to the Issue | 9.54 |
| 6 | Bankers to the Issue | |
| 7 | Others | |
| 8 | Listing fees | 0.05 |
| 9 | Printing and stationary expenses | 1.94 |
| 10 | Advertising and marketing | 5.51 |
| 11 | Miscellaneous | 2.32 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹180.00 | ₹180.00 |
| Open | ₹167.95 | ₹162.20 |
| Low | ₹156.40 | ₹155.20 |
| High | ₹199.00 | ₹194.60 |
| Last Trade | ₹191.25 | ₹191.50 |
Adlabs Entertainment IPO is a main-board IPO of 2,03,26,227 equity shares of the face value of ₹10 aggregating up to ₹375 Crores. The issue is priced at ₹180 per share. The minimum order quantity is 65.
The IPO opens on Tue, Mar 10, 2015, and closes on Tue, Mar 17, 2015.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Adlabs Entertainment IPO using UPI as a payment gateway. Zerodha customers can apply in Adlabs Entertainment IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Adlabs Entertainment IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Adlabs Entertainment IPO opens on Tue, Mar 10, 2015 and closes on Tue, Mar 17, 2015.
Adlabs Entertainment IPO lot size is 65, and the minimum amount required for application is ₹11,700.
You can apply in Adlabs Entertainment IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Adlabs Entertainment IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Adlabs Entertainment IPO allotment status.
The Adlabs Entertainment IPO listing date is on Mon, Apr 6, 2015.
