The IPO date for Inspire Films has been confirmed. The IPO will begin on September 25 and end on September 27. Inspire Films is an NSE SME IPO that will raise 21.19 crore through the IPO. The Inspire Films IPO price band is set at 56 to 59 cents per share, with a market lot of 2000 shares.
Inspire Films primary business is the creation, production, distribution, and display of television and digital content across broadcasting channels, apps, and digital platforms, as well as content writing, production and sale, and rights acquisition. They are involved in every stage of the content creation process, from creation to distribution. This includes funding projects, hiring actors and crew, exploring sites, building sets, managing budgets, and coordinating the full production and post-production process.
The company has a B2B business model, and it currently operates in three different business verticals:
- TV – Hindi GEC (General Entertainment Channels): This is content creation for the linear broadcast channels. These channels include Star Plus, Star Bharat, Colors TV, Zee TV, Sony, Dangal, Shemaroo, etc. Typical contracts given here are 1 year, 260 episodes (5 days a week), 312 episodes (6 days a week), or 1 year, 52–156 episodes (1-3 days a week), which then get renewed every year based on the show’s performance. Each episode (including commercials) is a 30- to 60-minute slot.
- Digital Content and Platforms (OTT): This is content made for platforms such as Netflix, Amazon, Sony Liv, MX Player, Disney+Hotstar, Voot, Zee5, etc. OTT Platforms have become increasingly popular in recent years due to their convenience and flexibility, allowing consumers to watch their favorite shows and movies on a variety of devices, including smartphones, tablets, laptops, and smart TVs. They also offer a wider range of content options compared to traditional cable TV. The contracts for OTT are typically 8 to 10 episodes for 45–60-minute episodes and 25 to 60 episodes for 22–25-minute episodes, which then get extended to multiple seasons based on the popularity of the season.
- Regional content : This is content produced for regional language channels in various languages (Telugu, Tamil, Malayalam, Bengali, Marathi, etc.) Both of the models above apply similarly in the regional space.
Inspire Films IPO Date and Price Band Details
| IPO Open: | September 25, 2023 |
| IPO Close: | September 27, 2023 |
| IPO Size: | Approx ₹21.19 Crores, 3,591,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹56 to ₹59 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
Objects of the Issue:
- To meet the working capital requirements of the company.
- To meet general corporate purposes.
- To meet the Issue Expenses.
Inspire Films IPO Review
- May Apply
Inspire Films IPO Market Lot
The Inspire Films IPO minimum market lot is 2000 shares with a ₹118,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹118,000 |
| Retail Maximum | 1 | 2000 | ₹118,000 |
| S-HNI Minimum | 2 | 4000 | ₹236,000 |
Inspire Films IPO Dates
The Inspire Films IPO date is September 25, and the IPO close date is September 27. The IPO allotment date is October 3, and the IPO might list on October 6.
| IPO Open Date: | September 25, 2023 |
| IPO Close Date: | September 27, 2023 |
| Basis of Allotment: | October 3, 2023 |
| Refunds: | October 4, 2023 |
| Credit to Demat Account: | October 5, 2023 |
| IPO Listing Date: | October 6, 2023 |
Inspire Films IPO Form
How do I apply for the Inspire Films IPO? –> You can apply for the Inspire Films IPO using your bank account’s ASBA. Simply log in to your online bank account and apply through your bank account by selecting the Inspire Films IPO in the Invest section. The alternative option is to apply for the Inspire Films IPO using the IPO forms available on the NSE website.
Inspire Films Company Financial Report
| Year(₹ in Crores) | Revenue | Expense | PAT |
|---|---|---|---|
| 2021 | ₹19.42 | ₹20.54 | ₹0.83 |
| 2022 | ₹38.15 | ₹37.76 | ₹0.26 |
| 2023 | ₹48.85 | ₹43.32 | ₹4.05 |
Inspire Films IPO Valuation – FY2023
Check Inspire Films IPO valuation details like Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹- per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 30.88% |
| Net Asset Value (NAV): | ₹- per Equity Share |
Peer Group
- Balaji Telefilms Limited
- Bodhi Tree Multimedia Limited
- V.R. Films and Studios Limited
Inspire Films IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com
Company Address
Inspire Films Ltd.
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
Company Promoters
- Yash Arabinda Patnaik
- Beyond Dreams Entertainment Private Limited
Inspire Films IPO Lead Managers aka Merchant Bankers
- Narnolia Financial Services Ltd
Inspire Films IPO FAQs:
Q1. What is Inspire Films IPO?
Ans. Inspire Films IPO is an NSE SME IPO. They are going to raise ₹21.19 Crores via IPO. The issue is priced at ₹56 to ₹59 per equity share. The IPO is to be listed on NSE.
Q2. When Inspire Films IPO will open?
Ans. The IPO is to open on September 25, 2023 for QIB, NII, and Retail Investors.
Q3. What is Inspire Films IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Inspire Films IPO?
Ans. You can apply Inspire Films IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Inspire Films IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Inspire Films”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Inspire Films IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Inspire Films”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Inspire Films IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Inspire Films”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Inspire Films IPO Size?
Ans. Inspire Films IPO size is ₹21.19 crores.
Q9. What is Inspire Films IPO Price Band?
Ans. Inspire Films IPO Price Band is ₹56 to ₹59 per equity share.
Q10. What is Inspire Films IPO Allotment Date?
Ans. Inspire Films IPO allotment date is October 3, 2023.
Q11. What is Inspire Films IPO Listing Date?
Ans. Inspire Films IPO listing date is October 6, 2023. The IPO to list on NSE SME.
