Fixed Price IPO | ₹15 Cr | Listed at NSE SME | Fri, Jan 5, 2018 - Wed, Jan 10, 2018
Silly Monks Entertainment IPO is a fixed price issue of ₹15.12 crores. The issue is a combination of fresh issue of 0.10 crore shares aggregating to ₹11.64 crores and offer for sale of 0.03 crore shares aggregating to ₹3.48 crores.
Silly Monks Entertainment IPO bidding started from Jan 5, 2018 and ended on Jan 10, 2018. The shares got listed on NSE SME on Jan 17, 2018.
Silly Monks Entertainment IPO price is ₹120 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹1,44,000 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,88,000.
Aryaman Financial Services 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 Aryaman Capital Markets Ltd..
Refer to Silly Monks Entertainment IPO RHP for detailed Information.
IPO Open
Fri, Jan 5, 2018
IPO Close
Wed, Jan 10, 2018
Issue Price
₹120 per share
Market Cap (Pre-IPO)
₹55.70 Cr
| IPO Date | 5 to 10 Jan, 2018 |
| Listed on | Wed, Jan 17, 2018 |
| Face Value | ₹10 per share |
| Issue Price | ₹120 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 12,60,000 shares (agg. up to ₹15 Cr) |
| Reserved for Market Maker | 72,000 shares Aryaman Capital Markets Ltd. (agg. up to ₹0.8640 Cr) |
| Fresh Issue (Ex Market Maker) | 8,98,000 shares (agg. up to ₹11 Cr) |
| Offer for Sale | 2,90,000 shares of ₹10 (agg. up to ₹3 Cr) |
| Net Offered to Public | 11,88,000 shares (agg. up to ₹14 Cr) |
| Share Holding Pre Issue | 36,71,500 shares |
| Share Holding Post Issue | 46,41,500 shares |
| NSE Symbol | SILLYMONKS |
| ISIN | INE203Y01012 |
Silly Monks Entertainment IPO comprises a total issue size of 12,60,000 shares. The net offer to the public is 11,88,000 shares, after excluding 72,000 shares allotted on a firm basis. Of the Net offer 5,94,000 (50.00%) allocated to NII 5,94,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 5,94,000 | 50.00% | 47.14% |
| Retail Shares Offered | 5,94,000 | 50.00% | 47.14% |
| Firm Reservations | |||
| Market Maker Shares Offered | 72,000 | 5.71% | |
| Total Shares Offered | 12,60,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,44,000 |
| Retail (Max) | 1 | 1,200 | ₹1,44,000 |
| HNI (Min) | 2 | 2,400 | ₹2,88,000 |
Incorporated in 2013, Silly Monks Entertainment Ltd is Hyderabad based Entertainment & Media Company with main focus in Digital Media Publishing. Company publishes the digital content on various platforms such as YouTube, Facebook, Amazon, Vuclip etc.
The contents that are being published are either created by the company or acquired through outright purchase or through syndicated method. In case of content which is bought by the company, company own the copy rights of the content through an agreement with assignor and hence the publishing revenue is fully accrued to us. When the content is through syndication, company share the revenue with the content partner.
The company is also engaged in movie/content production, celebrity’s social media management, App development, Audio content Distribution, Google Ad word and online / digital Advertising, event management, and live band performances.
Silly Monks Entertainment is growing its focus in movie production; wherein company has co-produced Telugu Movies named Oohalu Gusagusalade, Dikkulu Choodaku Ramayya & Tungabhadra with Vaaraahi Chalana Chitram. Company is also planning to venture into the Hindi Film industry through a co-produced venture 'The Great Indian Escape' with KIK Butt Entertainment.
| 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 | Expanding the Content Portfolio | 8.31 |
| 2 | Setting up Six Offices in Mumbai, Chennai, Bangalore, Delhi, Cochin & Hyderabad for PAN India presence | 2.46 |
| 3 | General Corporate Purposes | 0.42 |
The Silly Monks IPO is subscribed 18.28 times on January 10, 2018 5:00:00 PM (Day 4). The public issue subscribed 12.36 times in the retail category, [.] times in the QIB category, and 24.16 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 24.16 | 5,94,000 | 1,43,49,600 |
| Retail | 12.36 | 5,94,000 | 73,39,200 |
| Total | 18.28 | 11,88,000 | 2,17,14,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including fees and reimbursements of Market Making fees (1st year), and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.37 |
| 2 | Brokerage and Selling Commission, Underwriting Commission, RTAs and CDPs | 0.08 |
| 3 | Advertisement, Printing & Stationery, Marketing Expenses, etc. | 0.05 |
| 4 | Listing Fees, Market Regulatory & Other Expenses | 0.08 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹120.00 |
| Open | ₹144.00 |
| Low | ₹144.00 |
| High | ₹144.00 |
| Last Trade | ₹144.00 |
Lead Manager Reports
Silly Monks Entertainment IPO is a SME IPO of 12,60,000 equity shares of the face value of ₹10 aggregating up to ₹15 Crores. The issue is priced at ₹120 per share. The minimum order quantity is 1200.
The IPO opens on Fri, Jan 5, 2018, and closes on Wed, Jan 10, 2018.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Silly Monks Entertainment IPO using UPI as a payment gateway. Zerodha customers can apply in Silly Monks Entertainment IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Silly Monks Entertainment IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Silly Monks Entertainment IPO opens on Fri, Jan 5, 2018 and closes on Wed, Jan 10, 2018.
Silly Monks Entertainment IPO lot size is 1200, and the minimum amount required for application is ₹1,44,000.
You can apply in Silly Monks 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 Silly Monks Entertainment IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Silly Monks Entertainment IPO allotment status.
The Silly Monks Entertainment IPO listing date is on Wed, Jan 17, 2018.
