Bookbuilding IPO | ₹60 Cr | Listed at BSE, NSE | Thu, Dec 14, 2006 - Wed, Dec 20, 2006
Shree Ashtavinayak IPO is a book build issue of ₹59.65 crores. The issue is entirely a fresh issue of 0.37 crore shares of ₹59.65 crore.
Shree Ashtavinayak IPO bidding started from Dec 14, 2006 and ended on Dec 20, 2006. The shares got listed on the NSE and the BSE on Jan 10, 2007.
Shree Ashtavinayak IPO is set final issue price at ₹160 per share.
Almondz Global Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Shree Ashtavinayak IPO RHP for detailed Information.
IPO Open
Thu, Dec 14, 2006
IPO Close
Wed, Dec 20, 2006
Issue Price
₹160 per share
Market Cap (Pre-IPO)
₹160.50 Cr
| IPO Date | 14 to 20 Dec, 2006 |
| Listed on | Wed, Jan 10, 2007 |
| Face Value | ₹10 per share |
| Price Band | ₹140 to ₹160 |
| Issue Price | ₹160 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 37,28,000 shares (agg. up to ₹60 Cr) |
| Reserved for Private Promoter | 4,28,000 shares (agg. up to ₹7 Cr) |
| Fresh Issue | 33,00,000 shares (agg. up to ₹53 Cr) |
| Net Offered to Public | 33,00,000 shares (agg. up to ₹53 Cr) |
| Share Holding Pre Issue | 63,03,000 shares |
| Share Holding Post Issue | 1,00,31,000 shares |
| BSE Script Code / NSE Symbol | 532793 / SHREEASHTA |
| ISIN | INE538H01016 |
Shree Ashtavinayak IPO comprises a total issue size of 33,00,000 shares. The net offer to the public is 28,72,000 shares, after excluding 4,28,000 shares allotted on a firm basis. Of the Net offer 16,50,000 (50.00%) are allocated to QIB, 4,95,000 (15.00%) allocated to NII 11,55,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 16,50,000 | 50.00% | 50.00% |
| NII (HNI) Shares Offered | 4,95,000 | 15.00% | 15.00% |
| Retail Shares Offered | 11,55,000 | 35.00% | 35.00% |
| Firm Reservations | |||
| Private Promoter Shares Offered | 4,28,000 | 12.97% | |
| Total Shares Offered | 33,00,000 | 100.00% | 100.00% |
Incorporated in October 23, 2001, Shree Ashtavinayak Cine Vision is in the business of production, distribution and exhibition of films. The Company has produced four films so far and has also distributed films produced by other production houses in the Mumbai Territory. The films produced by the Company have been distributed at national level in the past through a network of distributors. For territories other than Mumbai, the Company enters into distribution agreements with other distributors.
Shree Ashtavinayak Cine Vision produced and released films like Agni Pankh, Maine Pyar Kyun Kiya, Funtoosh and Golmaal.
| Period Ended | 31 Jul 2006 | 31 Mar 2006 | 31 Mar 2005 |
|---|---|---|---|
| Total Income | 41.60 | 61.05 | 26.70 |
| Profit After Tax | 6.03 | 7.47 | 0.35 |
| NET Worth | 30.76 | 24.95 | 14.60 |
| Reserves and Surplus | 10.76 | 10.98 | 14.70 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Equipment for Film Production | 14.12 |
| 2 | Estimated Expenditure for Film Production / Under production | 45.90 |
| 3 | General Corporate Purposes / Prepayment of loans* | 0.90 |
| 4 | Public Issue Expenses* | 3.60 |
| KPI | Jul 31, 2006 | Mar 31, 2006 |
|---|---|---|
| RoNW | 42.57% | |
| Price to Book Value | 3.28 |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 67.1% |
| Market Cap | ₹160.50 Cr. |
The Ashtavinayak IPO is subscribed 6.04 times on December 20, 2006 5:00:00 PM (Day 5). The public issue subscribed 3.94 times in the retail category, 6.13 times in the QIB category, and 10.67 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Management, Underwriting and selling commission | 0.66 |
| 2 | Registrars Fee | 0.10 |
| 3 | Printing and Distribution of Offer stationary | 0.90 |
| 4 | Advertising and Marketing expenses | 1.10 |
| 5 | Other expenses include legal fees, depository etc | 0.84 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹160.00 | ₹160.00 |
| Open | ₹189.90 | ₹193.00 |
| Low | ₹185.10 | ₹175.00 |
| High | ₹248.10 | ₹248.00 |
| Last Trade | ₹226.50 | ₹225.40 |
Lead Manager Reports
Shree Ashtavinayak IPO is a main-board IPO of 37,28,000 equity shares of the face value of ₹10 aggregating up to ₹60 Crores. The issue is priced at ₹160 per share. The minimum order quantity is .
The IPO opens on Thu, Dec 14, 2006, and closes on Wed, Dec 20, 2006.
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 Shree Ashtavinayak IPO using UPI as a payment gateway. Zerodha customers can apply in Shree Ashtavinayak IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shree Ashtavinayak IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shree Ashtavinayak IPO opens on Thu, Dec 14, 2006 and closes on Wed, Dec 20, 2006.
Shree Ashtavinayak IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Shree Ashtavinayak 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 Shree Ashtavinayak IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Shree Ashtavinayak IPO allotment status.
The Shree Ashtavinayak IPO listing date is on Wed, Jan 10, 2007.
