The Sungold Media Entertainment date has been confirmed from August 9, 2018 and ended on August 14, 2018.
Sungold Media Entertainment Developers IPO is a fixed price issue of Rs 1.35 crores. The price is ₹10 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹100,000.
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Bidding Dates
August 9-14
Price Range
₹10 per share
Face Value
₹10 per share
GMP
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Sungold Media Entertainment IPO GMP
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IPO Overview
The Sungold Media Entertainment IPO is a fixed-price offering of Rs 1.35 crore. Sungold Media Entertainment’s IPO bidding began on August 9, 2018 and ended on August 14, 2018. The shares were listed on the BSE SME on August 27, 2018. Sungold Media Entertainment’s IPO price is ₹10 per share. The minimum lot size for an application is 10,000 Shares. Retail investors are obliged to invest a minimum of ₹100,000.
Some of the Ongoing projects of the company are:
- News portal- www.liveupdates.co.in
- Entertainment portal- www.entertainment365.in
- Portal on the state of Gujarat-www.gujaratdevelopment.com
The company has presently 10 permanent employees on its payroll.
Sungold Media Entertainment IPO Details
| IPO Date | August 9, 2018 to August 14, 2018 |
| Listing Date | August 27, 2018 |
| Face Value | ₹10 per share |
| Price | ₹10 per share |
| Lot Size | 10000 Shares |
| Total Issue Size | 1,350,000 shares (aggregating up to ₹1.35 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 70,000 shares |
Sungold Media Entertainment Company Financials
| 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 |
Sungold Media Entertainment IPO Listing Details
| Listing Date | August 27, 2018 |
| BSE Script Code | 541799 |
| NSE Symbol | |
| ISIN | INE266S01011 |
| Final Issue Price | ₹10 per share |
Company Profile
Sungold Media and Entertainment Limited, headquartered in Gujarat, was founded in 1995 and specialises in branding. The company provides services such as digital marketing, mobile app development, graphic design, website design, photography, videography, video editing, celebrity management, and distribution. Sungold designs and develops solutions to help its clients maximise their brand image.
Registrar Info
| Name | Satellite Corporate Services Private Limited |
| Phone number | +91-22- 28520461/462 |
| Email ID | service@satellitecorporate.com |
| Website | satellitecorporate.com |
Contact Details
| Name | Sungold Media and Entertainment Limited |
| Phone number | +91 9099018633 |
| Email ID | info@sungoldmediaent.com |
| Website | sungoldmediaent.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.
