The Silly Monks IPO date has been confirmed from January 5, 2018 and ended on January 10, 2018.
Using an IPO, Silly Monks is seeking to raise Rs 15.12 crores. Its price is ₹120 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹144,000.
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Bidding Dates
January 5-10
Price Range
₹120 per share
Face Value
₹10 per share
GMP
₹18.75
Silly Monks IPO GMP
The Silly Monks Limited IPO GMP is ₹18.75.
IPO Overview
The Silly Monks IPO has a set price of Rs 15.12 crores. Silly Monks initial public offering (IPO) bidding began on January 5, 2018 and finished on January 10, 2018. On January 17, 2018, the shares were listed on the NSE SME. The IPO price for Silly Monks is ₹120 per share. A minimum lot size of 1200 Shares is required for an application. Retail investors must make a minimum investment of ₹144,000.
Silly Monks Entertainment is expanding its focus into film production, having co-produced Telugu films Oohalu Gusagusalade, Dikkulu Choodaku Ramayya, and Tungabhadra alongside Vaaraahi Chalana Chitram. The company also intends to enter the Hindi film industry with a co-produced effort called ‘The Great Indian Escape’ with KIK Butt Entertainment.
Silly Monks IPO Details
IPO Date | January 5, 2018 to January 10, 2018 |
Listing Date | January 17, 2018 |
Face Value | ₹10 per share |
Price | ₹120 per share |
Lot Size | 1200 Shares |
Total Issue Size | 1,260,000 shares (aggregating up to ₹15.12 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Market Maker portion | 72,000 shares |
Silly Monks IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1200 | ₹144,000 |
Retail (Max) | 1 | 1200 | ₹144,000 |
Silly Monks IPO Listing Details
Listing Date | January 17, 2018 |
BSE Script Code | |
NSE Symbol | SILLYMONKS |
ISIN | INE203Y01012 |
Final Issue Price | ₹120 per share |
Company Profile

Silly Monks Entertainment Ltd, founded in 2013, is a Hyderabad-based entertainment and media company specialising in digital media publishing. The company distributes digital material through numerous channels such as YouTube, Facebook, Amazon, Vuclip, and others. The items published are either developed by the company or acquired through outright acquisition or through syndication. In the event of purchased content, the company owns the copy rights to the content through an agreement with the assignor, and so the publishing
revenue is entirely accruing to us. When the content is syndicated, the company splits the revenue with the content partner. The company also produces movies and content, manages celebrities’ social media accounts, develops apps, distributes audio content, uses Google Adwords and online / digital advertising, manages events, and performs live band performances.
Registrar Info
Name | Bigshare Services Pvt Ltd |
Phone number | +91-22-6263 8200 |
Email ID | ipo@bigshareonline.com |
Website | ipo.bigshareonline.com |
Contact Details
Name | Silly Monks Entertainment Ltd |
Phone number | +91 40 2300 4518 |
Email ID | investor@sillymonks.com |
Website | sillymonks.com |
IPO Strenghts
- 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.