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Inspire Films IPO: Listing Dates, Pricing, GMP, Analysis, And Insights
Inspire Films is all set to launch its IPO, with the offering scheduled to open on September 25, 2023, and conclude on September 27, 2023. This NSE SME IPO aims to raise ₹21.19 crores. The price band for the Inspire Films IPO has been fixed at ₹56 to ₹59 per share, with a market lot size of 2000 shares.
Company Profile
Inspire Films is primarily engaged in the business of creating, producing, distributing, and exhibiting television and digital content across broadcasting channels, apps, and digital platforms. They are involved in every aspect of the content-making process, from development to distribution. This includes financing projects, hiring actors and crew members, scouting locations, creating sets, managing budgets, and overseeing production and postproduction processes.
The company operates in three different business verticals:
- TV Hindi GEC (General Entertainment Channels): This involves content creation for linear broadcast channels, such as Star Plus, Star Bharat, Colors TV, Zee TV, Sony, Dangal, Shemaroo, and more. Contracts in this vertical are typically one year with 260 or 312 episodes (5 to 6 days a week).
- Digital Content and Platforms (OTT): This includes content produced for platforms like Netflix, Amazon, Sony Liv, MX Player, Disney+Hotstar, Voot, Zee5, and others. Contracts in this segment typically range from 8 to 10 episodes for 45–60minute episodes or 25 to 60 episodes for 2225minute episodes, often extended to multiple seasons based on popularity.
- Regional Content: Inspire Films also produces content for regional language channels, catering to audiences in languages such as Telugu, Tamil, Malayalam, Bengali, Marathi, and more. The business models for this segment are similar to the ones mentioned above.
IPO Objectives
The funds raised through this IPO will be used for the following purposes:
- Meeting the working capital requirements of the company.
- General corporate purposes.
- Covering the expenses related to the IPO.
Key IPO Details
- IPO Open Date: September 25, 2023
- IPO Close Date: September 27, 2023
- IPO Size: Approximately ₹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
IPO Timeline
- 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 Grey Market Premium GMP:
How to Apply for Inspire Films IPO
Investors can apply for the Inspire Films IPO through ASBA (Applications Supported by Blocked Amount) available in their bank accounts. Alternatively, they can apply online via UPI through their stockbrokers or offline by filling out the IPO forms.
Financial Performance (in Crores)
- 2021: Revenue ₹19.42, Expense ₹20.54, Profit (PAT) ₹0.83
- 2022: Revenue ₹38.15, Expense ₹37.76, Profit (PAT) ₹0.26
- 2023: Revenue ₹48.85, Expense ₹43.32, Profit (PAT) ₹4.05
Valuation FY2023
- Earnings Per Share (EPS): ₹ per Equity Share
- Price/Earnings (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
Company Promoters
- Yash Arabinda Patnaik
- Beyond Dreams Entertainment Private Limited
IPO Registrar
Maashitla Securities Private Limited
Phone: +91114512179596
Email: ipo@maashitla.com
Website: https://maashitla.com
IPO Allotment Status Check
- Check the Inspire Films IPO allotment status on the Maashitla Securities website.
IPO Lead Managers (Merchant Bankers)
- Narnolia Financial Services Ltd
Company Address
Inspire Films Limited
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
Inspire Films IPO FAQs
What is Inspire Films IPO?
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.
When Inspire Films IPO will open?
The IPO is to open on September 25, 2023 for QIB, NII, and Retail Investors.
What is Inspire Films IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Inspire Films IPO?
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.
How to Apply Inspire Films IPO through Zerodha?
For those using Zerodha, the application process involves logging into the Zerodha Console, selecting the IPO under the Portfolio section, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with Zerodha may be necessary for some applicants. Open Demat Account with Zerodha.
How to Apply the Inspire Films IPO through Alice Blue?
Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.
How to Apply for the Inspire Films IPO through Motilal Oswal?
Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. Click on the 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 Motilal Oswal.
What is Inspire Films IPO Size?
Inspire Films IPO size is ₹21.19 crores.
What is Inspire Films IPO Price Band?
Inspire Films IPO Price Band is ₹56 to ₹59 per equity share.
What is Inspire Films IPO Allotment Date?
Inspire Films IPO allotment date is October 3, 2023.
What is Inspire Films IPO Listing Date?
Inspire Films IPO listing date is October 6, 2023. The IPO to list on NSE SME.
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