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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 ₹30.00 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). The minimum lot size investment for 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 Date | November 18, 2020 to November 23, 2020 |
| Listing Date | December 2, 2020 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 9,00,000 shares (aggregating up to ₹2.70 Cr) |
| Reserved for Market Maker | 52,000 shares Aryaman Capital Markets Ltd. (aggregating up to ₹0.1560 Cr) |
| Net Offered to Public | 8,48,000 shares (aggregating up to ₹2.54 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 23,00,060 shares |
| Share Holding Post Issue | 32,00,060 shares |
Net Pix Shorts IPO offers total 9,00,000 shares. Out of which 4,24,000 (47.11%) allocated to NII, 4,24,000 (47.11%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 52,000 (5.78%) |
| NII (HNI) Shares Offered | 4,24,000 (47.11%) |
| Retail Shares Offered | 4,24,000 (47.11%) |
| Total Shares Offered | 9,00,000 (100.00%) |
Net Pix Shorts Digital Media IPO opens on November 18, 2020, and closes on November 23, 2020.
| IPO Open Date | Wed, Nov 18, 2020 |
| IPO Close Date | Mon, Nov 23, 2020 |
| Tentative Allotment | Thu, Nov 26, 2020 |
| Initiation of Refunds | Fri, Nov 27, 2020 |
| Credit of Shares to Demat | Tue, Dec 1, 2020 |
| Tentative Listing Date | Wed, Dec 2, 2020 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Nov 23, 2020 |
Investors can bid for a minimum of 4,000 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 | 4,000 | ₹1,20,000 |
| Retail (Max) | 1 | 4,000 | ₹1,20,000 |
| HNI (Min) | 2 | 8,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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
| Particulars | For the year/period ended (Rs in lakh) | |||
|---|---|---|---|---|
| 30-June-20 | 31-Mar-20 | |||
| Total Assets | 549.98 | 524.88 | ||
| Total Revenue | 1.14 | 18.37 | ||
| Profit After Tax | (1.75) | 2.28 | ||
The Company Net Pix Shorts Digital Media 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 | 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 |
[Dilip Davda] The company has presented financial data for around 12 months in total for two fiscals. Based on Q!-FY21 negative earnings, its P/E cannot be ascertained. The issue is exorbitantly priced on all parameters. Its tiny equity post IPO also indicates higher gestation for migration to the mainboard. Investors may skip this highly-priced issue. Read detail review...
| Listing Date | December 2, 2020 |
| BSE Script Code | 543247 |
| NSE Symbol | |
| ISIN | INE0D5F01013 |
| Final Issue Price | ₹30 per share |
| BSE Listing Group | TS |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹30.15 |
| Low | ₹30.00 |
| High | ₹30.15 |
| Last Trade | ₹30.05 |
Net Pix Shorts Digital Media Ltd.
1402, Z A Towers, Zohra Aghadi, Yari Road
Versova
Andheri West
Mumbai, Maharashtra, 400061
Phone: 91 8828231678
Email: info@netpixshorts.com
Website: http://www.netpixshorts.com/
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/
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 ₹2.70 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on November 18, 2020, and closes on November 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 November 18, 2020 and closes on November 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 Tuesday, December 1, 2020. Check the Net Pix Shorts Digital Media IPO allotment status.
The Net Pix Shorts Digital Media IPO listing date is on Wednesday, December 2, 2020.
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