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 ₹95.00 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). The minimum lot size investment for 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 Date | October 9, 2020 to October 13, 2020 |
Listing Date | October 21, 2020 |
Face Value | ₹10 per share |
Issue Price Band | |
Issue Price Final | ₹95 per share |
Lot Size | 1,200 Shares |
Sale Type | Fresh Capital |
Total Issue Size | 3,90,000 shares (aggregating up to ₹3.71 Cr) |
Reserved for Market Maker | 20,400 shares Shreni Shares Ltd. (aggregating up to ₹0.1938 Cr) |
Net Offered to Public | 3,69,600 shares (aggregating up to ₹3.51 Cr) |
Issue Type | Fixed Price IPO |
Listing At | NSE SME |
Share Holding Pre Issue | 8,60,000 shares |
Share Holding Post Issue | 12,50,000 shares |
Bodhi Tree Multimedia IPO offers total 3,90,000 shares. Out of which 1,84,800 (47.38%) allocated to NII, 1,84,800 (47.38%) allocated to RII.
Investor Category | Shares Offered |
---|---|
Market Maker Shares Offered | 20,400 (5.23%) |
NII (HNI) Shares Offered | 1,84,800 (47.38%) |
Retail Shares Offered | 1,84,800 (47.38%) |
Total Shares Offered | 3,90,000 (100.00%) |
Bodhi Tree Multimedia IPO opens on October 9, 2020, and closes on October 13, 2020.
IPO Open Date | Fri, Oct 9, 2020 |
IPO Close Date | Tue, Oct 13, 2020 |
Tentative Allotment | Fri, Oct 16, 2020 |
Initiation of Refunds | Mon, Oct 19, 2020 |
Credit of Shares to Demat | Tue, Oct 13, 2020 |
Tentative Listing Date | Wed, Oct 21, 2020 |
Cut-off time for UPI mandate confirmation | 5 PM on Tue, Oct 13, 2020 |
Investors can bid for a minimum of 1,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
Particulars | For the year/period ended (Rs in lakhs) | |||
---|---|---|---|---|
31-Mar-20 | 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | |
Total Assets | 1,498.34 | 1,203.81 | 595.83 | 231.27 |
Total Revenue | 2,746.52 | 3,863.35 | 1,728.87 | 1,130.76 |
Profit After Tax | 365.58 | 36.13 | (334.05) | (221.76) |
The Company Bodhi Tree Multimedia IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
---|---|---|
1 | To meet working capital requirement | 2.50 |
2 | General Corporate Expenses | 0.50 |
[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...
Listing Date | October 21, 2020 |
BSE Script Code | |
NSE Symbol | BTML |
ISIN | INE0EEJ01015 |
Final Issue Price | ₹95 per share |
BSE Listing Group | ST |
Price Details | NSE SME |
---|---|
Final Issue Price | ₹95.00 |
Open | ₹95.00 |
Low | ₹94.00 |
High | ₹97.50 |
Last Trade | ₹95.80 |
Bodhi Tree Multimedia Ltd.
507, Reliable Business Centre,
Jogeshwari (West),
Mumbai - 400102
Mumbai, Maharashtra
Phone: +91-22-40101293
Email: info@bodhitreemultimedia.com
Website: http://www.bodhitreemultimedia.com
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Bodhi Tree Multimedia IPO is a SME IPO of 3,90,000 equity shares of the face value of ₹10 aggregating up to ₹3.71 Crores. The issue is priced at ₹95 per share. The minimum order quantity is 1200.
The IPO opens on October 9, 2020, and closes on October 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
Visit Zerodha IPO Application Process Review for more detail.
The Bodhi Tree Multimedia IPO opens on October 9, 2020 and closes on October 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 Tuesday, October 13, 2020. Check the Bodhi Tree Multimedia IPO allotment status.
The Bodhi Tree Multimedia IPO listing date is on Wednesday, October 21, 2020.
Useful Articles