Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
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 ₹10.00 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). The minimum lot size investment for 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 Date | August 9, 2018 to August 14, 2018 |
| Listing Date | August 27, 2018 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹10 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 13,50,000 shares (aggregating up to ₹1.35 Cr) |
| Reserved for Market Maker | 70,000 shares NNM Securities Pvt.Ltd. (aggregating up to ₹0.0700 Cr) |
| Net Offered to Public | 12,80,000 shares (aggregating up to ₹1.28 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 5,00,00,000 shares |
| Share Holding Post Issue | 5,00,00,000 shares |
Sungold Media Entertainment IPO offers total 13,50,000 shares. Out of which 6,40,000 (47.41%) allocated to NII, 6,40,000 (47.41%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 70,000 (5.19%) |
| NII (HNI) Shares Offered | 6,40,000 (47.41%) |
| Retail Shares Offered | 6,40,000 (47.41%) |
| Total Shares Offered | 13,50,000 (100.00%) |
Sungold Media IPO opens on August 9, 2018, and closes on August 14, 2018.
| IPO Open Date | Thu, Aug 9, 2018 |
| IPO Close Date | Tue, Aug 14, 2018 |
| Tentative Listing Date | Mon, Aug 27, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Aug 14, 2018 |
Investors can bid for a minimum of 10,000 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 | 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.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 28-Feb-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | |
| Total Assets | 568.86 | 486.85 | 483.21 | 473.88 | 200.10 | 231.93 |
| Total Revenue | 44.74 | 59.85 | 56.34 | 34.96 | 14.93 | 10.80 |
| Profit After Tax | 2.67 | 5.32 | 8.81 | 6.31 | 0.91 | 0.26 |
The objects of the Offer are to-
1. Achieve the benefits of listing the Equity Shares on the SME Platform of BSE.
2. Enhance the company's visibility, brand name and provide liquidity to the existing shareholders.
3. Provide a public market for the Equity Shares in India.
The Company will not receive any proceeds from the Offer. and all the proceeds from the Offer will go to the Promoter Selling Shareholder Mr. Rajiv Rameshchandra Kotia.
[Dilip Davda] <p>Even though issue is at par, highly competitive business model coupled with legging financial performance is making it a costly bet. There is no harm in giving this issue a miss.</p> Read detail review...
| Listing Date | August 27, 2018 |
| BSE Script Code | 541799 |
| NSE Symbol | |
| ISIN | INE266S01011 |
| Final Issue Price | ₹10 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹9.75 |
| Low | ₹9.50 |
| High | ₹10.25 |
| Last Trade | ₹9.71 |
Sungold Media & Entertainment Ltd.
13, Radhakrushna Mandir Compound
Rajpipla, Nandod,
Narmada- 393145, Gujarat
Narmada, Gujarat
Phone: +91 9099018633
Email: info@sungoldmediaent.com
Website: http://sungoldmediaent.com/
Satellite Corporate Services Pvt.Ltd.
Phone: +91-22- 28520461/462
Email: service@satellitecorporate.com
Website: https://www.satellitecorporate.com/ipo-query.php
Sungold Media IPO is a SME IPO of 13,50,000 equity shares of the face value of ₹10 aggregating up to ₹1.35 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.
The IPO opens on August 9, 2018, and closes on August 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 August 9, 2018 and closes on August 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 Monday, August 27, 2018.
Useful Articles
RHP