Fixed Price IPO | ₹1 Cr | Listed at BSE SME | Thu, Aug 9, 2018 - Tue, Aug 14, 2018
Sungold Media IPO is a fixed price issue of ₹1.35 crores. The issue is entirely an offer for sale of 0.14 crore shares of ₹1.35 crore.
Sungold Media IPO bidding started from Aug 9, 2018 and ended on Aug 14, 2018. The shares got listed on BSE SME on Aug 27, 2018.
Sungold Media 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.
Finshore Management Services Ltd. is the book running lead manager and Satellite Corporate Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is NNM Securities Pvt.Ltd..
Refer to Sungold Media IPO RHP for detailed Information.
IPO Open
Thu, Aug 9, 2018
IPO Close
Tue, Aug 14, 2018
Issue Price
₹10 per share
Market Cap (Pre-IPO)
₹50.00 Cr
| IPO Date | 9 to 14 Aug, 2018 |
| Listed on | Mon, Aug 27, 2018 |
| Face Value | ₹10 per share |
| Issue Price | ₹10 per share |
| Lot Size | 10,000 Shares |
| Sale Type | OFS only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 13,50,000 shares (agg. up to ₹1 Cr) |
| Reserved for Market Maker | 70,000 shares NNM Securities Pvt.Ltd. (agg. up to ₹0.0700 Cr) |
| Offer for Sale | 12,80,000 shares of ₹10 (agg. up to ₹1 Cr) |
| Net Offered to Public | 12,80,000 shares (agg. up to ₹1 Cr) |
| Share Holding Pre Issue | 5,00,00,000 shares |
| Share Holding Post Issue | 5,00,00,000 shares |
| BSE Script Code | 541799 |
| ISIN | INE266S01011 |
Sungold Media IPO comprises a total issue size of 13,50,000 shares. The net offer to the public is 12,80,000 shares, after excluding 70,000 shares allotted on a firm basis. Of the Net offer 6,40,000 (50.00%) allocated to NII 6,40,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 6,40,000 | 50.00% | 47.41% |
| Retail Shares Offered | 6,40,000 | 50.00% | 47.41% |
| Firm Reservations | |||
| Market Maker Shares Offered | 70,000 | 5.19% | |
| Total Shares Offered | 13,50,000 | 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 |
Incorporated in 1995, Gujarat based Sungold Media and Entertainment Limited is a company engaged in the business of branding. The company offers services like Digital Marketing, Mobile App Development, Graphics Design, Website Design, Photography, Videography, Video Editing, Celebrity Management and distribution services.
Sungold designs and develops solutions to maximize brand image of its clients.
Some of the Ongoing projects of the company are:
1. News portal- www.liveupdates.co.in
2. Entertainment portal- www.entertainment365.in
3. Portal on the state of Gujarat-www.gujaratdevelopment.com
The company has presently 10 permanent employees on its payroll.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Sungold Media Entertainment IPO is subscribed 2.02 times on August 14, 2018 6:29:06 PM (Day 4). The public issue subscribed 2.17 times in the retail category, [.] times in the QIB category, and 1.86 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.86 | 6,40,000 | 11,90,000 |
| Retail | 2.17 | 6,40,000 | 13,90,000 |
| Total | 2.02 | 12,80,000 | 25,80,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including underwriting and selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses | 0.15 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹9.75 |
| Low | ₹9.50 |
| High | ₹10.25 |
| Last Trade | ₹9.71 |
Satellite Corporate Services Pvt.Ltd.
Lead Manager Reports
Sungold Media IPO is a SME IPO of 13,50,000 equity shares of the face value of ₹10 aggregating up to ₹1 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.
The IPO opens on Thu, Aug 9, 2018, and closes on Tue, Aug 14, 2018.
Satellite Corporate Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Sungold Media IPO using UPI as a payment gateway. Zerodha customers can apply in Sungold Media IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sungold Media IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sungold Media IPO opens on Thu, Aug 9, 2018 and closes on Tue, Aug 14, 2018.
Sungold Media IPO lot size is 10000, and the minimum amount required for application is ₹1,00,000.
You can apply in Sungold 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 Sungold Media IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sungold Media IPO allotment status.
The Sungold Media IPO listing date is on Mon, Aug 27, 2018.
