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Encash Entertainment IPO is a fixed price issue of ₹4.39 crores. The issue is entirely a fresh issue of 0.11 crore shares of ₹4.39 crore.
Encash Entertainment IPO bidding started from Sep 9, 2014 and ended on Sep 15, 2014. The shares got listed on BSE SME on Sep 29, 2014.
Encash Entertainment IPO price is ₹40.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,40,000.
Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and CB Management Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Guiness Securities Ltd..
Refer to Encash Entertainment IPO RHP for detailed Information.
| IPO Date | September 9, 2014 to September 15, 2014 |
| Listing Date | September 29, 2014 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 10,98,000 shares (aggregating up to ₹4.39 Cr) |
| Reserved for Market Maker | 60,000 shares Guiness Securities Ltd. (aggregating up to ₹0.2400 Cr) |
| Net Offered to Public | 10,38,000 shares (aggregating up to ₹4.15 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 27,98,496 shares |
| Share Holding Post Issue | 38,96,496 shares |
Encash Entertainment IPO offers total 10,98,000 shares. Out of which 5,19,000 (47.27%) allocated to NII, 5,19,000 (47.27%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 60,000 (5.46%) |
| NII (HNI) Shares Offered | 5,19,000 (47.27%) |
| Retail Shares Offered | 5,19,000 (47.27%) |
| Total Shares Offered | 10,98,000 (100.00%) |
Encash Entertainment IPO opens on September 9, 2014, and closes on September 15, 2014.
| IPO Open Date | Tue, Sep 9, 2014 |
| IPO Close Date | Mon, Sep 15, 2014 |
| Tentative Listing Date | Mon, Sep 29, 2014 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Sep 15, 2014 |
Investors can bid for a minimum of 3,000 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 | 3,000 | ₹1,20,000 |
| Retail (Max) | 1 | 3,000 | ₹1,20,000 |
| HNI (Min) | 2 | 6,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2008, Encash Entertainment is a division of Encash Group. It is engaged in the business of production of films, corporate films, feature films and planning to enter TV channels with serials. It is also in the business of fashion designing.
It outsources the contents and other related services from related agencies based in Kolkata. It has purchased copy rights of “Ichhe”, a Bengali film released in 2011 and has produces and released Bengali film “Shada Kaalo Aabchaa” in 2013.
| KPI | Values |
|---|---|
| RoNW | 2.07% |
The Company Encash Entertainment 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 acquire and produce films including regional language films | 2.65 |
| 2 | Strengthening Distribution operations | 0.85 |
| 3 | Brand building | 0.40 |
| 4 | Issue Expenses | 0.49 |
[Dilip Davda] <p> <strong>Avoid.</strong></p> <p>(Disclaimer: Author has no plans to invest in this IPO)</p> Read detail review...
| Listing Date | September 29, 2014 |
| BSE Script Code | 538684 |
| NSE Symbol | |
| ISIN | INE552Q01018 |
| Final Issue Price | ₹40 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹44.00 |
| Low | ₹44.00 |
| High | ₹46.20 |
| Last Trade | ₹46.20 |
Encash Entertainment Ltd.
9, Lal Bazar Street,
3rd Floor,
Mercantile Building,
Kolkata, West Bengal, 700001
Phone: 91-33- 40053913
Email: office.rmpl@gmail.com
Website: http://www.encashentertainment.com
CB Management Services Pvt.Ltd.
Phone: +91 33 4011 6722/6726
Email: rta@cbmsl.com
Website: http://www.cbmsl.com
Encash Entertainment IPO is a SME IPO of 10,98,000 equity shares of the face value of ₹10 aggregating up to ₹4.39 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on September 9, 2014, and closes on September 15, 2014.
CB Management Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Encash Entertainment IPO using UPI as a payment gateway. Zerodha customers can apply in Encash Entertainment IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Encash Entertainment IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Encash Entertainment IPO opens on September 9, 2014 and closes on September 15, 2014.
Encash Entertainment IPO lot size is 3000, and the minimum amount required for application is ₹1,20,000.
You can apply in Encash 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 Encash Entertainment IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Encash Entertainment IPO allotment status.
The Encash Entertainment IPO listing date is on Monday, September 29, 2014.
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