Fixed Price IPO | ₹8 Cr | Listed at BSE SME | Mon, Jul 16, 2018 - Mon, Jul 23, 2018
Ganesh Films IPO is a fixed price issue of ₹8.42 crores. The issue is entirely a fresh issue of 0.11 crore shares of ₹8.42 crore.
Ganesh Films IPO bidding started from Jul 16, 2018 and ended on Jul 23, 2018. The allotment for Ganesh Films IPO was finalized on Jul 23, 2018. The shares got listed on BSE SME on Jul 31, 2018.
Ganesh Films IPO price is ₹80 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹1,28,000 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,56,000.
Fedex Securities Pvt.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 Rikhav Securities Ltd..
Refer to Ganesh Films IPO RHP for detailed Information.
IPO Open
Mon, Jul 16, 2018
IPO Close
Mon, Jul 23, 2018
Issue Price
₹80 per share
Market Cap (Pre-IPO)
₹24.06 Cr
| IPO Date | 16 to 23 Jul, 2018 |
| Listed on | Tue, Jul 31, 2018 |
| Face Value | ₹10 per share |
| Issue Price | ₹80 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 10,52,800 shares (agg. up to ₹8 Cr) |
| Reserved for Market Maker | 57,600 shares Rikhav Securities Ltd. (agg. up to ₹0.4608 Cr) |
| Fresh Issue (Ex Market Maker) | 9,95,200 shares (agg. up to ₹8 Cr) |
| Net Offered to Public | 9,95,200 shares (agg. up to ₹8 Cr) |
| Share Holding Pre Issue | 19,54,884 shares |
| Share Holding Post Issue | 30,07,684 shares |
| BSE Script Code | 541703 |
| ISIN | INE00WY01013 |
Ganesh Films IPO comprises a total issue size of 10,52,800 shares. The net offer to the public is 9,95,200 shares, after excluding 57,600 shares allotted on a firm basis. Of the Net offer 4,97,600 (50.00%) allocated to NII 4,97,600 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 4,97,600 | 50.00% | 47.26% |
| Retail Shares Offered | 4,97,600 | 50.00% | 47.26% |
| Firm Reservations | |||
| Market Maker Shares Offered | 57,600 | 5.47% | |
| Total Shares Offered | 10,52,800 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,28,000 |
| Retail (Max) | 1 | 1,600 | ₹1,28,000 |
| HNI (Min) | 2 | 3,200 | ₹2,56,000 |
Incorporated in 2018, Mumbai based Ganesh Films India Limited is a company engaged in the business of acquiring distribution rights of south Indian movies from production or co-production houses and thereafter distribute the same to the cinema halls spread across the Distribution Territory. Since incorporation, the Company has entered into agreements for the acquisition of distribution rights of many films ("Library"). The Company currently has a Library of over 696 south Indian films (including Tamil, Telugu, Malayalam and other regional language films) in which the Company has sole, irrevocable and non-exclusive distribution right (including linear & non-linear internet rights / IPTV rights / digital rights under copyright to license, sub-license, distribute, advertise, market and otherwise exploit any platforms or internet or digital based medium) to use the contents / titles for a perpetual term for all the territories in the world including India. It sources or acquires distribution rights of the film by entering into assignment / licensing arrangements with film producers. All such films sourced or acquired will be exploited and distributed by the company end-to-end through multiple formats of film distribution.
M/s. Ganesh Films, a proprietary concern was formed by Nambirajan Ganapathi Yadav ("Ganesh Films"), the Promoter of Ganesh Films India Limited ("the Company" or "GFIL") in the year 1985 with a view to increasing the popularity of south Indian language movies in northern and western regions of India commonly known in the film industry as the North Indian territory ("Distribution Territory"). The business includes theatrical distribution of south Indian films (including Tamil, Telugu, Kannada, Malayalam and other regional films) in the Distribution Territory through the media platforms like internet, mobile phone and other platforms ("Digital Platforms"). The Promoters have vast experience in the theatrical distribution of approx. 450 south Indian films (including Tamil, Telugu, Kannada, Malayalam and other regional films) in the Distribution Territory. Some of the popular blockbuster films distributed by Ganesh Films, the proprietary concern of the Promoter, (before its acquisition by Ganesh Films India Limited) includes Sivaji, Dasavathaaram, Endhiran, Thevar Magan, Captain Prabhakaran, Thaana Serndha Kootam, Roja, Oomai Vizhigal etc.
In the year 1991, Ganesh Films initiated for the first time simultaneous release of Tamil movies in the Distribution Territory and in the south Indian territory with the famous Tamil language crime drama film 'Thalapathi' starring Rajnikanth, Mammootty, Amrish Puri and other famous film stars directed by Mani Ratnam.
The company has 5 permanent employees on its payroll.
| 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 finance setting up of Closed Die Forging manufacturing facility | 4.60 |
| 2 | General corporate purposes | 0.00 |
The Ganesh Films IPO is subscribed 1.1 times on July 23, 2018 11:59:06 PM (Day 6). The public issue subscribed 1.13 times in the retail category, [.] times in the QIB category, and 1.06 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.06 | 4,97,600 | 5,26,400 |
| Retail | 1.13 | 4,97,600 | 5,63,200 |
| Total | 1.1 | 9,95,200 | 10,92,800 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Bankers etc. | 0.35 |
| 2 | Regulatory fees | 0.03 |
| 3 | Marketing and Other Expenses | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹80.00 |
| Open | ₹80.00 |
| Low | ₹80.00 |
| High | ₹83.00 |
| Last Trade | ₹82.00 |
Lead Manager Reports
Ganesh Films IPO is a SME IPO of 10,52,800 equity shares of the face value of ₹10 aggregating up to ₹8 Crores. The issue is priced at ₹80 per share. The minimum order quantity is 1600.
The IPO opens on Mon, Jul 16, 2018, and closes on Mon, Jul 23, 2018.
Bigshare 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 Ganesh Films IPO using UPI as a payment gateway. Zerodha customers can apply in Ganesh Films IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ganesh Films IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ganesh Films IPO opens on Mon, Jul 16, 2018 and closes on Mon, Jul 23, 2018.
Ganesh Films IPO lot size is 1600, and the minimum amount required for application is ₹1,28,000.
You can apply in Ganesh Films 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 Ganesh Films IPO will be done on Monday, July 23, 2018, and the allotted shares will be credited to your demat account by Wed, Jul 25, 2018. Check the Ganesh Films IPO allotment status.
The Ganesh Films IPO listing date is on Tue, Jul 31, 2018.
