Ganesh Films India Limited IPO

Add to Calendar 2018-07-16 12:00 AM 2018-07-18 12:00 AM Asia/Kolkata Ganesh Films India Limited IPO Ganesh Films India Limited India

Ganesh Films India Limited was incorporated as a public limited company under the Companies Act, 2013 on 6th April 2018. They had acquired the entire distribution business of M/s Ganesh Films a proprietorship concern of Nambirajan Ganapathi Yadav w.e.f. May 09, 2018. It distributes south Indian movies to cinema halls spread across the distribution territory after acquiring distribution rights from producers.

Date of Establishment: Ganesh Films India Limited was established as a private limited company under the name of ‘M/s Ganaesh Films’ in the year 1985. It was re incorporated as a public limited company under Companies Act 2013 having reformed as ‘Ganesh Films India Limited’ on 6th April 2018.

Promoters of Ganesh Films India Limited: Mr. Nambirajan Ganpathi Yadav and Mr. Natranjan Ganpathy are the promoters of Ganesh Films India Limited.

Products and service offering: Ganesh Films India Limited is engaged in the business of distribution rights of south Indian movies from production or co-production houses and thereafter distributes the same to the cinema halls spread across the Distribution Territory. It currently has a Library of over 696 south Indian films in which it has sole, irrevocable and non-exclusive distribution right to use the contents / titles for a perpetual term for all the territories in the world including India. Some of the popular blockbuster films distributed by Ganesh Films include Sivaji, Dasavathaaram, Endhiran, Thevar Magan, Captain Prabhakaran, Thaana Serndha Kootam, Roja, Oomai Vizhigal among others. It also undertakes pre-release marketing, negotiate with exhibitors for terms and collection of money on behalf of the producer.

Customer Segments: Ganesh Films India has a wide diversified customer segment across the states of Maharashtra, Madhya Pradesh, Uttar Pradesh, Orrisa, Bihar, Gujarat, Rajasthan, Punjab, West Bengal and Delhi among others

Objects of issue of Ganesh Films India Limited IPO: The objectives of Ganesh Films India Limited IPO are:

- Acquiring distribution rights of south Indian films (including Tamil, Telugu, Malayalam and other regional      language films) for the territories of India.

- General corporate purposes.

 Company Financials:

Summary of financial Information (Restated)

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

         

 

Issue Detail

  • Issue Open: Jul 16, 2018
  • Issue Close: Jul 18, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 80 Per Equity Share
  • Bid Lot:1600 Shares
  • Minimum Order Quantity:1600 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 8.42 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved - 497,600 497,600 - - 995,200
Day 1 - Jul 16, 2018IST - 17600 110400 - - 128000
Day 2 - Jul 17, 2018IST - 65600 235200 - - 300800
Day 3 - Jul 18, 2018IST - 177600 518400 - - 696000
Day 4 - Jul 19, 2018IST - 177600 531200 - - 708800
Day 5 - Jul 20, 2018IST - 286400 531200 - - 817600
Day 6 - Jul 23, 2018IST - 526400 563200 - - 1092800

Listing Day Trading Information

- BSE NSE
Issue Price Rs 80.00 -
Open Rs 80.00 -
Low Rs 80.00 -
High Rs 83.00 -
Last Trade Rs 82.00 -
Volume 224,000 -

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