Bodhi Tree Multimedia IPO Details

Fixed Price IPO | ₹4 Cr | Listed at NSE SME | Fri, Oct 9, 2020 - Tue, Oct 13, 2020

Bodhi Tree Multimedia IPO Logo

Bodhi Tree Multimedia IPO is a fixed price issue of ₹3.71 crores. The issue is entirely a fresh issue of 0.04 crore shares of ₹3.71 crore.

Bodhi Tree Multimedia IPO bidding started from Oct 9, 2020 and ended on Oct 13, 2020. The allotment for Bodhi Tree Multimedia IPO was finalized on Oct 16, 2020. The shares got listed on NSE SME on Oct 21, 2020.

Bodhi Tree Multimedia IPO price is ₹95 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹1,14,000 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,28,000.

Shreni Shares Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Shreni Shares Ltd..

Refer to Bodhi Tree Multimedia IPO RHP for detailed Information.

IPO Open

Fri, Oct 9, 2020

IPO Close

Tue, Oct 13, 2020

Issue Price

₹95 per share

Market Cap (Pre-IPO)

₹11.88 Cr

IPO Details

IPO Date9 to 13 Oct, 2020
Listed onWed, Oct 21, 2020
Face Value10 per share
Issue Price₹95 per share
Lot Size1,200 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtNSE SME

Total Issue Size3,90,000 shares
(agg. up to ₹4 Cr)
Reserved for Market Maker
20,400 shares
(agg. up to ₹0.1938 Cr)
Shreni Shares Ltd.
Fresh Issue
(Ex Market Maker)
3,69,600 shares
(agg. up to ₹4 Cr)
Net Offered to Public3,69,600 shares
(agg. up to ₹4 Cr)
Share Holding Pre Issue8,60,000 shares
Share Holding Post Issue12,50,000 shares
NSE Symbol BTML
ISININE0EEJ01015

IPO Timetable

Issue Reservation

Bodhi Tree Multimedia IPO comprises a total issue size of 3,90,000 shares. The net offer to the public is 3,69,600 shares, after excluding 20,400 shares allotted on a firm basis. Of the Net offer 1,84,800 (50.00%) allocated to NII 1,84,800 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 1,84,80050.00%47.38%
Retail Shares Offered 1,84,80050.00%47.38%
Firm Reservations
Market Maker Shares Offered 20,4005.23%
Total Shares Offered 3,90,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 1,200 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 1,200 ₹1,14,000
Retail (Max) 1 1,200 ₹1,14,000
HNI (Min) 2 2,400 ₹2,28,000
IPO Subscription Details

About Bodhi Tree Multimedia Ltd.

Incorporated in 2013, Bodhi Tree Multimedia Ltd's is primarily engaged in content production for television, films and other digital platforms. The business operates in 3 key segments that are TV - Hindi General Entertainment Channels (GEC), Digital Platforms (OTT), and Regional shows in multiple languages. The company produces big or small films, TV serials for various TV channels in India and abroad.

The company is engaged in different types of content production such as Audio, Video content, and Text various shows from different genres - drama, comedy, thriller, horror, lifestyle, and others. Since its establishment, the business has successfully produced more than 30+ shows in multiple languages for OTT players and broadcasters and 1000+ hours of content for TV and OTT. Its client base includes Amazon, Netflix, Star TV Network, Disney, Zee, and others.

Company's business verticals or key business areas include:
1. TV - Hindi GEC where they produce daily soaps, reality shows etc for big broadcast networks like Zee, Sony, Star, Disney, Viacom, Sun and others.
2. Digital Platforms (OTT): In this vertical, company produce content for non-linear digital platforms such as Netflix, Voot, etc.
3. Regional Shows: Content production in regional languages such as Tamil, Bengali, Marathi and Gujarati on television and OTT platforms.

Competitive Strengths

• Strong brand preposition.
• Diversified production portfolio in different languages.
• Highly experienced team of writers, artists, and directors.
• Efficient sales and marketing tactics.

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 To meet working capital requirement 2.50
2 General Corporate Expenses 0.50

IPO Review

[Dilip Davda]
BTML has carried forward losses. Last seventeen months performance with super profit and sustainability of the same going forward raises major concern. Company's receivables and payables are exorbitantly high. Currently, this segment is facing tough competition coupled with downturns following COVID-19 pandemic. Post issue equity capital indicates long gestation for migration to the main board. Considering all these, investors may give a "MISS" to this highly-priced offer.
Read detail review...

Bodhi Tree Multimedia IPO Recommendations

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Bodhi Tree Multimedia IPO Subscription Status (Bidding Detail)

The Bodhi Tree Multimedia IPO is subscribed 1.6 times on October 13, 2020 5:00:01 PM (Day 3). The public issue subscribed 1.76 times in the retail category, [.] times in the QIB category, and 1.44 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid for
NII*1.441,84,8002,66,400
Retail1.761,84,8003,25,200
Total1.63,69,6005,91,600

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Lead Manger Fees, Underwriting Commission, Market Making Charges for first year of Listing, Commission/processing fees for SCSBs, Brokerage and selling commission for Registered Brokers, RTAs and CDPs 0.59
2 Fees Payable to Registrar to the Issue 0.01
3 Advertising and Marketing Expenses 0.02
4 Listing Fee and Other Regulatory Expenses including fees paid/payable to Stock Exchanges and Depositories 0.03
5 Printing & Stationery and Postage expenses 0.02
6 Others (Fees Payable to Auditor, Fees to Legal Advisors and Miscellaneous Expenses) 0.04

Listing Day Trading Information

Price DetailsNSE SME
Final Issue Price95.00
Open95.00
Low94.00
High97.50
Last Trade95.80

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Bodhi Tree Multimedia Ltd. Address
507, Reliable Business Centre,
Jogeshwari (West),
Mumbai - 400102
Mumbai, Maharashtra
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IPO FAQs

Bodhi Tree Multimedia IPO is a SME IPO of 3,90,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹95 per share. The minimum order quantity is 1200.

The IPO opens on Fri, Oct 9, 2020, and closes on Tue, Oct 13, 2020.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Bodhi Tree Multimedia IPO using UPI as a payment gateway. Zerodha customers can apply in Bodhi Tree Multimedia IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Bodhi Tree Multimedia IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Bodhi Tree Multimedia IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Bodhi Tree Multimedia IPO opens on Fri, Oct 9, 2020 and closes on Tue, Oct 13, 2020.

Bodhi Tree Multimedia IPO lot size is 1200, and the minimum amount required for application is ₹1,14,000.

You can apply in Bodhi Tree Multimedia 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 Bodhi Tree Multimedia IPO will be done on Friday, October 16, 2020, and the allotted shares will be credited to your demat account by Tue, Oct 13, 2020. Check the Bodhi Tree Multimedia IPO allotment status.

The Bodhi Tree Multimedia IPO listing date is on Wed, Oct 21, 2020.

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