The Ganesh Films IPO date has been confirmed as July 16, 2018, ending on July 23, 2018. Read the post to learn about the Ganesh Films IPO GMP.
Ganesh Films Developers IPO is a fixed price issue of Rs 8.42 crores. The price is ₹80 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹128,000.
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Key Details Of Ganesh Films IPO
Bidding Dates
July 16-23
Price Range
₹80 per share
Face Value
₹10 per share
GMP
₹28.80
Ganesh Films IPO GMP
The Ganesh Films IPO GMP Today is ₹28.80.
Ganesh Films IPO Overview
Ganesh Films’ IPO is a fixed-price offering of Rs 8.42 crore. Ganesh Films’ IPO bidding began on July 16, 2018 and finished on July 23, 2018. The allotment for Ganesh Films’ IPO was finalised on Monday, July 23, 2018. The shares were listed on the BSE SME on July 31, 2018. Ganesh Films’ IPO price is ₹80 per share. The minimum lot size for an application is 1600 shares. The minimum investment for retail investors is ₹128,000.
The Promoters have extensive experience in the theatrical distribution of about 450 South Indian films (including Tamil, Telugu, Kannada, Malayalam, and other regional films) in the Distribution Territory. Some of the popular blockbuster films distributed by Ganesh Films, the Promoter’s proprietary firm (before its takeover by Ganesh Films India Limited), include Sivaji, Dasavathaaram, Endhiran, Thevar Magan, Captain Prabhakaran, Thaana Serndha Kootam, Roja, Oomai Vizhigal, and others.
In 1991, Ganesh Films pioneered the simultaneous release of Tamil films in the Distribution Territory and the South Indian Territory with the well-known Tamil language crime drama film ‘Thalapathi’, directed by Mani Ratnam and starring Rajnikanth, Mammootty, Amrish Puri, and other famous film stars. The company has five regular employees on its payroll.
Ganesh Films IPO Details
| IPO Date | July 16, 2018 to July 23, 2018 |
| Listing Date | July 31, 2018 |
| Face Value | ₹10 per share |
| Price | ₹80 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 1,052,800 shares (aggregating up to ₹8.42 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 57,600 shares |
Ganesh Films Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 20-May-18 | ||||||
| Total Assets | 321.15 | |||||
| Total Revenue | 9.18 | |||||
| Profit After Tax | 0.54 | |||||
Ganesh Films IPO Timeline
| IPO Open Date | Monday, July 16, 2018 |
| IPO Close Date | Monday, July 23, 2018 |
| Basis of Allotment | Monday, July 23, 2018 |
| Initiation of Refunds | Tuesday, July 24, 2018 |
| Credit of Shares to Demat | Wednesday, July 25, 2018 |
| Listing Date | Tuesday, July 31, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 23, 2018 |
Company Profile
Ganesh Films India Limited, founded in 2018, is a Mumbai-based firm that acquires distribution rights for south Indian films from production or co-production houses and then distributes them to cinema halls throughout the Distribution Territory. Since its inception, the company has entered into agreements to acquire the distribution rights to numerous films (“Library”). The Company currently has a Library of over 696 south Indian films (including Tamil, Telugu, Malayalam and other regional language films) in which the Company has sole, irrevocable and non-
exclusive distribution rights (including linear and non-linear internet rights / IPTV rights / digital rights under copyright to licence, sub-license, distribute, advertise, market and otherwise exploit any platforms or internet or digital based medium) to use the contents/titles for a It sources or acquires the film’s distribution rights through assignment or licencing agreements with film producers. All such films sourced or acquired will be fully exploited and distributed by the company via a variety of film distribution platforms.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Ganesh Films India Limited |
| Phone number | +91 810 444 9343 |
| Email ID | [email protected] |
| Website | ganeshfilms.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Ganesh Films IPO FAQs
When Ganesh Films IPO will open?
The Ganesh Films IPO opens on July 16, 2018 and closes on July 23, 2018.
What is the lot size of Ganesh Films IPO?
Ganesh Films IPO lot size is 1600 Shares, and the minimum amount required is ₹128,000.
When is Ganesh Films IPO allotment?
The finalization of Basis of Allotment for Ganesh Films IPO will be done on Monday, July 23, 2018, and the allotted shares will be credited to your demat account by Wednesday, July 25, 2018.
When is Ganesh Films IPO listing date?
The Ganesh Films IPO listing date is on July 31, 2018.
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