Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Wed, Nov 18, 2020 - Mon, Nov 23, 2020
Net Pix Shorts Digital Media IPO is a fixed price issue of ₹2.70 crores. The issue is entirely a fresh issue of 0.09 crore shares of ₹2.70 crore.
Net Pix Shorts Digital Media IPO bidding started from Nov 18, 2020 and ended on Nov 23, 2020. The allotment for Net Pix Shorts Digital Media IPO was finalized on Nov 26, 2020. The shares got listed on BSE SME on Dec 2, 2020.
Net Pix Shorts Digital Media IPO price is ₹30 per share. The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (4000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (8,000 shares), amounting to ₹2,40,000.
Aryaman Financial Services Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Aryaman Capital Markets Ltd..
Refer to Net Pix Shorts Digital Media IPO RHP for detailed Information.
IPO Open
Wed, Nov 18, 2020
IPO Close
Mon, Nov 23, 2020
Issue Price
₹30 per share
Market Cap (Pre-IPO)
₹9.60 Cr
| IPO Date | 18 to 23 Nov, 2020 |
| Listed on | Wed, Dec 2, 2020 |
| Face Value | ₹10 per share |
| Issue Price | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 9,00,000 shares (agg. up to ₹3 Cr) |
| Reserved for Market Maker | 52,000 shares Aryaman Capital Markets Ltd. (agg. up to ₹0.1560 Cr) |
| Fresh Issue (Ex Market Maker) | 8,48,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 8,48,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 23,00,060 shares |
| Share Holding Post Issue | 32,00,060 shares |
| BSE Script Code | 543247 |
| ISIN | INE0D5F01013 |
Net Pix Shorts Digital Media IPO comprises a total issue size of 9,00,000 shares. The net offer to the public is 8,48,000 shares, after excluding 52,000 shares allotted on a firm basis. Of the Net offer 4,24,000 (50.00%) allocated to NII 4,24,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 4,24,000 | 50.00% | 47.11% |
| Retail Shares Offered | 4,24,000 | 50.00% | 47.11% |
| Firm Reservations | |||
| Market Maker Shares Offered | 52,000 | 5.78% | |
| Total Shares Offered | 9,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,20,000 |
| Retail (Max) | 1 | 4,000 | ₹1,20,000 |
| HNI (Min) | 2 | 8,000 | ₹2,40,000 |
Incorporated in 2019, Net Pix Shorts Digital Media Limited is a Mumbai-based technology entertainment company. The company prepares online short film content and publish it on the digital media channels and OTT platforms.
It started content distribution through its channel "Net Pix Shorts" on the 'YouTube' portal. As of Sept 05, 2020, it has released 12 videos constituting 154.94 minutes of content and also has 8 short films. The company has 246,000 subscribers to its YouTube channel.
Net Pix Shorts Digital Media also uploads its videos on other digital platforms like Hungama Play, Sony Liv, Mx Player, Shorts TV, and Hotstar. Recently, it has released its own music channel, "Net Pix Raw Music". In this, the company has uploaded 4 music videos aggregating to 15.70 minutes of content.
Competitive strengths
| 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 | Acquisition of workshop & Godown and Writer’s Lounge on a long term lease basi | 1.00 |
| 2 | Further Augment our Digital Media Content Library | 0.80 |
| 3 | General Corporate Purpose | 0.37 |
The Net Pix Shorts IPO is subscribed 1.77 times on November 23, 2020 7:49:03 PM (Day 4). The public issue subscribed 1.87 times in the retail category, [.] times in the QIB category, and 1.67 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.67 | 4,24,000 | 7,08,000 |
| Retail | 1.87 | 4,24,000 | 7,92,000 |
| Total | 1.77 | 8,48,000 | 15,00,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.38 |
| 2 | Brokerage and selling commission | 0.05 |
| 3 | Printing & Stationery, Distribution, Postage, etc. | 0.02 |
| 4 | Advertisement and Marketing Expenses | 0.03 |
| 5 | Stock Exchange Fees, Regulatory and other Expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹30.15 |
| Low | ₹30.00 |
| High | ₹30.15 |
| Last Trade | ₹30.05 |
Lead Manager Reports
Net Pix Shorts Digital Media IPO is a SME IPO of 9,00,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on Wed, Nov 18, 2020, and closes on Mon, Nov 23, 2020.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Net Pix Shorts Digital Media IPO using UPI as a payment gateway. Zerodha customers can apply in Net Pix Shorts Digital Media IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Net Pix Shorts Digital Media IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Net Pix Shorts Digital Media IPO opens on Wed, Nov 18, 2020 and closes on Mon, Nov 23, 2020.
Net Pix Shorts Digital Media IPO lot size is 4000, and the minimum amount required for application is ₹1,20,000.
You can apply in Net Pix Shorts Digital Media 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 Net Pix Shorts Digital Media IPO will be done on Thursday, November 26, 2020, and the allotted shares will be credited to your demat account by Tue, Dec 1, 2020. Check the Net Pix Shorts Digital Media IPO allotment status.
The Net Pix Shorts Digital Media IPO listing date is on Wed, Dec 2, 2020.
