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Inspire Films IPO is a book build issue of ₹21.23 crores. The issue is entirely a fresh issue of 0.36 crore shares of ₹21.23 crore.
Inspire Films IPO bidding started from Sep 25, 2023 and ended on Sep 27, 2023. The allotment for Inspire Films IPO was finalized on Oct 3, 2023. The shares got listed on NSE SME on Oct 5, 2023.
Inspire Films IPO price band is set at ₹59.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,12,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,36,000.
Narnolia Financial Services Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The market maker of the company is Share India Securities Ltd..
Refer to Inspire Films IPO RHP for detailed Information.
| IPO Date | September 25, 2023 to September 27, 2023 |
| Listing Date | October 5, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹56 to ₹59 per share |
| Issue Price Final | ₹59 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 35,98,000 shares (aggregating up to ₹21.23 Cr) |
| Reserved for Market Maker | 1,80,000 shares Share India Securities Ltd. (aggregating up to ₹1.06 Cr) |
| Net Offered to Public | 34,18,000 shares (aggregating up to ₹20.17 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,00,11,299 shares |
| Share Holding Post Issue | 1,36,09,299 shares |
Inspire Films IPO offers total 35,98,000 shares. Out of which 17,06,000 (47.42%) allocated to QIB, 6,84,000 (19.01%) allocated to QIB, 5,14,000 (14.29%) allocated to NII, 11,98,000 (33.30%) allocated to RII and 10,22,000 (28.40%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,80,000 (5.00%) |
| QIB Shares Offered | 17,06,000 (47.42%) |
| − Anchor Investor Shares Offered | 10,22,000 (28.40%) |
| − QIB (Ex. Anchor) Shares Offered | 6,84,000 (19.01%) |
| NII (HNI) Shares Offered | 5,14,000 (14.29%) |
| Retail Shares Offered | 11,98,000 (33.30%) |
| Total Shares Offered | 35,98,000 (100.00%) |
Inspire Films IPO raises ₹6.03 crore from anchor investors. Inspire Films IPO Anchor bid date is September 22, 2023. Inspire Films IPO Anchor Investors list
| Bid Date | September 22, 2023 |
| Shares Offered | 10,22,000 |
| Anchor Portion Size (In Cr.) | 6.03 |
| Anchor lock-in period end date for 50% shares (30 Days) | November 2, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | January 1, 2024 |
Inspire Films IPO opens on September 25, 2023, and closes on September 27, 2023.
| IPO Open Date | Mon, Sep 25, 2023 |
| IPO Close Date | Wed, Sep 27, 2023 |
| Tentative Allotment | Tue, Oct 3, 2023 |
| Initiation of Refunds | Wed, Oct 4, 2023 |
| Credit of Shares to Demat | Thu, Oct 5, 2023 |
| Tentative Listing Date | Thu, Oct 5, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Sep 27, 2023 |
Investors can bid for a minimum of 2,000 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 | 2,000 | ₹1,18,000 |
| Retail (Max) | 1 | 2,000 | ₹1,18,000 |
| HNI (Min) | 2 | 4,000 | ₹2,36,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2012, Inspire Films Limited is engaged in the business of creation, production, distribution, and exhibition of television and digital content.
the company has three business verticals:
The company has produced over 10,000 episodes of popular content (35 originals) for leading Indian broadcasters and OTT platforms like Star Plus, Colors, Sony Entertainment Television, Disney+Hotstar, MX Player, Sony LIV, Jio Cinema, Voot Select, Channel V, Cartoon Network, Star Gold, Pogo, Disney Channel, Star Pravah, Tarang TV, Sun TV, Surya TV and others.
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 2,849.54 | 3,053.87 | 4,159.88 |
| Total Income | 1,942.47 | 3,815.28 | 4,884.82 |
| Profit After Tax | -83.00 | 25.92 | 404.82 |
| Net Worth | 780.37 | 806.29 | 1,311.22 |
| Reserves and Surplus | 779.37 | 805.29 | 1,310.16 |
| Total Borrowing | 1,025.55 | 359.95 | 836.85 |
The market capitalization of Inspire Films IPO is ₹80.30 Cr.
| KPI | Values |
|---|---|
| ROE | 30.88% |
| ROCE | 32.01% |
| Debt/Equity | 0.64 |
| RoNW | 30.88% |
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
[Dilip Davda] IFL is engaged in providing digital content and related services for television and film-making. It has reported boosted profits for FY23 which raises concern as it is in a highly competitive and fragmented segment. Well-informed/cash-rich/risk seekers may park funds and others may skip in this “High Risk/Low Return” bet. Read detail review...
| Listing Date | October 5, 2023 |
| BSE Script Code | |
| NSE Symbol | INSPIRE |
| ISIN | INE0NDX01019 |
| Final Issue Price | ₹59 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹59.00 |
| Open | ₹67.00 |
| Low | ₹64.20 |
| High | ₹70.35 |
| Last Trade | ₹67.85 |
Inspire Films Ltd.
111, 1st Floor, Shree Kamdhenu Estate,
Chincholi Off Link Road, Bhd Tangent Showroom,
Charkop, Malad,
Mumbai, Maharashtra, 400064
Phone: 022- 46095834
Email: compliance@inspirefilms.in
Website: http://www.inspirefilms.in/
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Inspire Films IPO is a SME IPO of 35,98,000 equity shares of the face value of ₹10 aggregating up to ₹21.23 Crores. The issue is priced at ₹59 per share. The minimum order quantity is 2000.
The IPO opens on September 25, 2023, and closes on September 27, 2023.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Inspire Films IPO using UPI as a payment gateway. Zerodha customers can apply in Inspire Films IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Inspire Films IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Inspire Films IPO opens on September 25, 2023 and closes on September 27, 2023.
Inspire Films IPO lot size is 2000, and the minimum amount required for application is ₹1,18,000.
You can apply in Inspire 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 Inspire Films IPO will be done on Tuesday, October 3, 2023, and the allotted shares will be credited to your demat account by Thursday, October 5, 2023. Check the Inspire Films IPO allotment status.
The Inspire Films IPO listing date is on Thursday, October 5, 2023.
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