INSPIRE FILMS (NSE SME)
September 25, 2023 – September 27, 2023
| Price | ₹56 - ₹59 |
| Premium | ₹3 |
|---|---|
| Lot size | 2000 |
| Allotment | Sep 29, 2023 |
| Listing | Oct 5, 2023 |
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/
Last updated on 27-Sep-2023 17:00:14
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 6,84,000 | 1,72,34,000 | 25.2 |
| NIB | 5,14,000 | 7,58,20,000 | 147.51 |
| RETAIL | 11,98,000 | 21,61,34,000 | 180.41 |
| Total | 23,96,000 | 30,91,88,000 | 129.04 |
| Retail Apps | 1,08,067 | © IPO Premium | |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 118000 | 0 |
| HNI | 2 | 4000 | 236000 | 0 |
Incorporated in 2012, Inspire Films Limited is engaged in the business of creation, production, distribution, and exhibition of television and digital content.
the company has three business verticals:
- TV - Hindi GEC (General Entertainment Channels): This includes content creation for linear broadcast channels such as Star Plus, Star Bharat, Colors TV, Zee TV, Sony, Dangal, Shemaroo, etc. This is done through a contract basis which typically lasts for 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 on yearly basis, based on the show performance. Each episode (including commercial advertisement) is a 30-60-minute slot.
- Digital content and platform (OTT): This includes content created for OTT platforms such as Netflix, Amazon, Sony Liv, MX Player, Disney+Hotstar, Voot, Zee5, etc. 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 gets extended to multiple seasons based on the popularity of the season.
- Regional content: This includes content produced for regional language channels such as Telugu, Tamil, Malayalam, Bengali, Marathi, etc. Both the models above apply in a similar manner in the regional space.
The company has produced over 10,000 episodes of popular content (35 originals) for leading Indian broadcasters and OTT platforms like Star Plus, Colors, Sony Entertainment Television, Disney+Hotstar, MX Player, Sony LIV, Jio Cinema, Voot Select, Channel V, Cartoon Network, Star Gold, Pogo, Disney Channel, Star Pravah, Tarang TV, Sun TV, Surya TV and others.
Inspire Films IPO Details
| Issue Size | 3,598,000 shares (aggregating up to ₹21.23 Cr) |
| Fresh Issue | 3,598,000 shares (aggregating up to ₹21.23 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 10,011,299 |
| Share holding post issue | 13,609,299 |
| Market Maker portion | 180,000 shares Share India Securities |
Inspire Films IPO Reservation
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
Inspire Films IPO Anchor Investors Details
Inspire Films IPO raises Rs 6.04 crore from anchor investors. Inspire Films IPO Anchor bid date is September 22, 2023.
| Bid Date | September 22, 2023 |
| Shares Offered | 1024000 |
| Anchor Portion Size (In Cr.) | 6.04 |
| Anchor lock-in period end date for 50% shares (30 Days) | November 16, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | February 12, 2024 |
Company Financials
| Period | Mar 2021 | Mar 2022 | Mar 2023 |
| Assets | 2,849.54 | 3,053.87 | 4,159.88 |
| Revenue | 1,942.47 | 3,815.28 | 4,884.82 |
| Profit | -83.00 | 25.92 | 404.82 |
| Net Worth | 780.37 | 806.29 | 1,311.22 |
| Reserves | 779.37 | 805.29 | 1,310.16 |
| Borrowing | 1,025.55 | 359.95 | 836.85 |