Inspire Films IPO Date, Price, Subscription, Allotment, Listing Details
![Inspire films ipo date, price, subscription, allotment, listing details 1 Inspire films limited ipo gmp details limited ipo gmp details](https://www.gmpipo.com/wp-content/uploads/Inspire-films-Limited-IPO-GMP-Details-Limited-IPO-GMP-Details.png)
Inspire Films Limited, Incorporated in 2012, is actively involved in the creation, production, distribution, and exhibition of television and digital content. The company operates across three distinct business verticals:
- TV – Hindi GEC (General Entertainment Channels): This segment encompasses content creation for linear broadcast channels, including renowned ones like Star Plus, Star Bharat, Colors TV, Zee TV, Sony, Dangal, Shemaroo, and more. Typically, these contracts have a duration of one year, involving the production of 260 episodes (aired five days a week) or 312 episodes (aired six days a week). Alternatively, contracts may span one year with 52 to 156 episodes (aired one to three days a week). Renewals are based on the show’s performance. Each episode, which includes commercial advertisements, occupies a 30 to 60-minute time slot.
- Digital Content and OTT Platforms: This vertical focuses on content creation for over-the-top (OTT) platforms like Netflix, Amazon, Sony Liv, MX Player, Disney+Hotstar, Voot, Zee5, and more. OTT contracts generally involve producing 8 to 10 episodes, each lasting 45 to 60 minutes, or 25 to 60 episodes, with episode durations of 22 to 25 minutes. Extensions are contingent on the popularity of the season.
- Regional Content: In this segment, the company produces content for regional language channels such as Telugu, Tamil, Malayalam, Bengali, Marathi, among others. The models applied here are similar to those used in the TV and digital content spaces.
Inspire Films Limited boasts a substantial portfolio, having produced over 10,000 episodes, including 35 original series, for leading Indian broadcasters and OTT platforms. Its content has been featured on a wide array of channels, including Star Plus, Colors, Sony Entertainment Television, Disney+Hotstar, MX Player, Sony LIV, Jio Cinema, Voot Select, Channel V, Cartoon Network, Star Gold, Pogo, Disney Channel, Star Pravah, Tarang TV, Sun TV, Surya TV, and many others.
Objects of the Issue (Inspire Films IPO Objectives)
The company aims to deploy the net proceeds from the issue for the following purposes:
- Meeting Working Capital Requirements: Allocation of funds to fulfill the company’s working capital needs.
- General Corporate Purposes: Utilization of funds for general corporate requirements.
- Covering Issue Expenses: Allocation of funds to cover the expenses associated with the IPO.
Inspire Films IPO Details
Inspire Films IPO consists of 35.91 lakh shares, and the entire offering comprises fresh issue shares.
IPO Date | September 25, 2023 to September 27, 2023 |
Listing Date | October 6, 2023 |
Face Value | ₹10 per share |
Price Band | ₹56 to ₹59 per share |
Lot Size | 2000 Shares |
Total Issue Size | 3,598,000 shares (aggregating up to ₹21.23 Cr) |
Fresh Issue | 3,598,000 shares (aggregating up to ₹21.23 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 10,011,299 |
Share holding post issue | 13,602,299 |
Market Maker portion | 180,000 shares |
DRHP Draft Prospectus: | Click Here |
Inspire Films IPO Reservation
QIB Shares Offered | Not more than 50.00% of the Net offer |
NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Retail Shares Offered | Not less than 35.00% of the Offer |
Inspire Films IPO Lot Size
Investors have the option to bid for a minimum of 2000 shares and can increase their bid in multiples of 2000 shares. The table below illustrates the minimum and maximum investment limits for both retail investors and High Net Worth Individuals (HNI) in terms of shares and amounts.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 2000 | ₹118,000 |
Retail (Max) | 1 | 2000 | ₹118,000 |
HNI (Min) | 2 | 4,000 | ₹236,000 |
Inspire Films IPO Dates
Inspire Films IPO opens on September 25, 2023, and closes on September 27, 2023.
IPO Open Date | Monday, September 25, 2023 |
IPO Close Date | Wednesday, September 27, 2023 |
Basis of Allotment | Tuesday, October 3, 2023 |
Initiation of Refunds | Wednesday, October 4, 2023 |
Credit of Shares to Demat | Thursday, October 5, 2023 |
Listing Date | Friday, October 6, 2023 |
Cut-off time for UPI mandate confirmation | 5 PM on September 27, 2023 |
Inspire Films Limited Financial Report
Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
---|---|---|---|
Assets | 2,849.54 | 3,053.87 | 4,159.88 |
Revenue | 1,942.47 | 3,815.28 | 4,884.82 |
Profit After Tax | -83.00 | 25.92 | 404.82 |
Net Worth | 780.37 | 806.29 | 1,311.22 |
Reserves and Surplus | 779.37 | 805.29 | 1,310.16 |
Total Borrowing | 1,025.55 | 359.95 | 836.85 |
Key Performance Indicator of Inspire Films Ltd
KPI | Values |
---|---|
ROE | 30.88% |
ROCE | 32.01% |
Debt/Equity | 0.64 |
RoNW | 30.88% |
Inspire Films IPO Anchor Investors Details
The Inspire Films IPO secured a capital infusion of Rs 6.04 crore from anchor investors on September 22, 2023.
Bid Date | September 22, 2023 |
Shares Offered | 1024000 |
Anchor Portion Size (In Cr.) | 6.04 |
Anchor lock-in period end date for 50% shares (30 Days) | November 16, 2023 |
Anchor lock-in period end date for remaining shares (90 Days) | February 12, 2024 |
Inspire Films IPO Promoter Holding
Yash Arabinda Patnaik and Beyond Dreams Entertainment Private Limited are the company’s promoters.
Share Holding Pre Issue | 93.98% |
Share Holding Post Issue | 69.17% |
Inspire Films IPO Contact Details
Inspire Films Limited
111, 1st Floor, Shree Kamdhenu Estate,
Chincholi Off Link Road, Bhd Tangent Showroom,
Charkop, Malad Mumbai – 400064
Phone: 022- 46095834
Email: compliance@inspirefilms.in
Website: http://www.inspirefilms.in/
Inspire Films IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Inspire Films IPO FAQs
What is Inspire Films IPO?
The Inspire Films IPO comprises 3,598,000 equity shares with a face value of ₹10 each, totaling ₹21.23 Crores. The share price for the IPO ranges from ₹56 to ₹59 per share. The minimum order quantity is set at 2000 shares. The IPO subscription period spans from September 25, 2023, to September 27, 2023.
Maashitla Securities Private Limited serves as the registrar for this IPO.
The company intends to list its shares on the NSE SME platform.
How to apply for Inspire Films IPO through Zerodha?
Zerodha customers can apply for the Inspire Films IPO online using UPI as a payment gateway. To apply, log in to Zerodha Console (back office), and submit the IPO application form by following these steps:
1. Visit the Zerodha website and log in to Console.
2. Go to Portfolio and click the IPOs link.
3. Find the ‘Inspire Films IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ the IPO application form.
6. Visit the UPI App (net banking or BHIM) to approve the mandate.
When does the Inspire Films IPO open and close?
The Inspire Films IPO opens on September 25, 2023, and closes on September 27, 2023.
What is the lot size of Inspire Films IPO?
The lot size for the Inspire Films IPO consists of 2000 shares, requiring a minimum investment of ₹118,000.
How can I apply for Inspire Films IPO?
You can apply for Inspire Films IPO online using either UPI or ASBA as the payment method. ASBA IPO application is available through the net banking of your bank account, while UPI IPO application is offered by brokers who don’t provide banking services. For detailed instructions on how to apply, read more about applying for IPOs online through various platforms.
When will the allotment for Inspire Films IPO take place?
The Basis of Allotment for Inspire Films IPO will be finalized on Tuesday, October 3, 2023. The allotted shares will be credited to your demat account by Thursday, October 5, 2023. You can check the Inspire Films IPO allotment status for updates.
When is the listing date for Inspire Films IPO?
The listing date for Inspire Films IPO is yet to be announced. The tentative date for the listing is Friday, October 6, 2023.