Fixed Price IPO | ₹5 Cr | Listed at BSE SME | Thu, Sep 1, 2016 - Wed, Sep 7, 2016
Spicy Entertainment IPO is a fixed price issue of ₹4.82 crores. The issue is entirely a fresh issue of 0.48 crore shares of ₹4.82 crore.
Spicy Entertainment IPO bidding started from Sep 1, 2016 and ended on Sep 7, 2016. The shares got listed on BSE SME on Sep 15, 2016.
Spicy Entertainment IPO price is ₹10 per share. The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,00,000 (10000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (30,000 shares), amounting to ₹3,00,000.
First Overseas Capital Ltd. is the book running lead manager and Maheshwari Datamatics Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Naysaa Securities Ltd..
Refer to Spicy Entertainment IPO RHP for detailed Information.
IPO Open
Thu, Sep 1, 2016
IPO Close
Wed, Sep 7, 2016
Issue Price
₹10 per share
Market Cap (Pre-IPO)
₹16.51 Cr
| IPO Date | 1 to 7 Sep, 2016 |
| Listed on | Thu, Sep 15, 2016 |
| Face Value | ₹10 per share |
| Issue Price | ₹10 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 48,20,000 shares (agg. up to ₹5 Cr) |
| Reserved for Market Maker | 2,60,000 shares Naysaa Securities Ltd. (agg. up to ₹0.2600 Cr) |
| Fresh Issue (Ex Market Maker) | 45,60,000 shares (agg. up to ₹5 Cr) |
| Net Offered to Public | 45,60,000 shares (agg. up to ₹5 Cr) |
| Share Holding Pre Issue | 1,16,91,250 shares |
| Share Holding Post Issue | 1,65,11,250 shares |
| BSE Script Code | 540084 |
| ISIN | INE592O01019 |
Spicy Entertainment IPO comprises a total issue size of 48,20,000 shares. The net offer to the public is 45,60,000 shares, after excluding 2,60,000 shares allotted on a firm basis. Of the Net offer 22,80,000 (50.00%) allocated to NII 22,80,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 22,80,000 | 50.00% | 47.30% |
| Retail Shares Offered | 22,80,000 | 50.00% | 47.30% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,60,000 | 5.39% | |
| Total Shares Offered | 48,20,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 10,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,00,000 |
| Retail (Max) | 2 | 20,000 | ₹2,00,000 |
| HNI (Min) | 3 | 30,000 | ₹3,00,000 |
Spicy Entertainment & Media Ltd (SEML) is a media and entertainment company with a specific focus on event management. It is also engaged in the business of distribution of films and provides event management services to leading Indian insurance companies for their customer awareness programs, brand promotional activities, sign board management, marketing campaigns amongst others.
The company offers fully customized solutions that give shape to its clients' special preferences, their needs and vision for the program. It offers the most comprehensive range of solutions for corporate as well as private event management and media production needs. SEML plan and stage events to suit the specific needs of clients and has thus emerged as a one-stopshop for all event management and media production requirements.
| 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 | Setting up a recording studio in Kolkata and infrastructure development | 1.50 |
| 2 | To produce regional feature film | 2.00 |
| 3 | General Corporate Expenses | 1.00 |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees, Underwriting Fees selling commissions, brokerages, | 0.15 |
| 2 | Market Making Fees for three years | 0.08 |
| 3 | Payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.03 |
| 4 | Printing & Stationery, Distribution, Postage, etc | 0.02 |
| 5 | Advertisement & Marketing Expenses | 0.02 |
| 6 | Regulatory & other expenses | 0.02 |
| 7 | Miscellaneous Expenses | 0.01 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹9.99 |
| Low | ₹9.63 |
| High | ₹10.95 |
| Last Trade | ₹9.70 |
Lead Manager Reports
Spicy Entertainment IPO is a SME IPO of 48,20,000 equity shares of the face value of ₹10 aggregating up to ₹5 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.
The IPO opens on Thu, Sep 1, 2016, and closes on Wed, Sep 7, 2016.
Maheshwari Datamatics Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Spicy Entertainment IPO using UPI as a payment gateway. Zerodha customers can apply in Spicy Entertainment IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Spicy Entertainment IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Spicy Entertainment IPO opens on Thu, Sep 1, 2016 and closes on Wed, Sep 7, 2016.
Spicy Entertainment IPO lot size is 10000, and the minimum amount required for application is ₹1,00,000.
You can apply in Spicy 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 Spicy Entertainment IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Spicy Entertainment IPO allotment status.
The Spicy Entertainment IPO listing date is on Thu, Sep 15, 2016.
