Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Tue, Sep 9, 2014 - Mon, Sep 15, 2014
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Tue, Sep 9, 2014
IPO Close
Mon, Sep 15, 2014
Issue Price
₹40 per share
Market Cap (Pre-IPO)
₹15.59 Cr
| IPO Date | 9 to 15 Sep, 2014 |
| Listed on | Mon, Sep 29, 2014 |
| Face Value | ₹10 per share |
| Issue Price | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 10,98,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 60,000 shares Guiness Securities Ltd. (agg. up to ₹0.2400 Cr) |
| Fresh Issue (Ex Market Maker) | 10,38,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 10,38,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 27,98,496 shares |
| Share Holding Post Issue | 38,96,496 shares |
| BSE Script Code | 538684 |
| ISIN | INE552Q01018 |
Encash Entertainment IPO comprises a total issue size of 10,98,000 shares. The net offer to the public is 10,38,000 shares, after excluding 60,000 shares allotted on a firm basis. Of the Net offer 5,19,000 (50.00%) allocated to NII 5,19,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 5,19,000 | 50.00% | 47.27% |
| Retail Shares Offered | 5,19,000 | 50.00% | 47.27% |
| Firm Reservations | |||
| Market Maker Shares Offered | 60,000 | 5.46% | |
| Total Shares Offered | 10,98,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| 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 |
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.
| 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 | To acquire and produce films including regional language films | 2.65 |
| 2 | Strengthening Distribution operations | 0.85 |
| 3 | Brand building | 0.40 |
| KPI | |
|---|---|
| RoNW | 2.07% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 45.33% | 32.55% |
| Market Cap | ₹15.59 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | 0.34 |
| 2 | Printing & Stationery, Distribution, Postage, etc | 0.07 |
| 3 | Advertisement & Marketing Expenses | 0.05 |
| 4 | Regulatory & other expenses | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹44.00 |
| Low | ₹44.00 |
| High | ₹46.20 |
| Last Trade | ₹46.20 |
Lead Manager Reports
Encash Entertainment IPO is a SME IPO of 10,98,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on Tue, Sep 9, 2014, and closes on Mon, Sep 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 Tue, Sep 9, 2014 and closes on Mon, Sep 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 Mon, Sep 29, 2014.
