Shemaroo Entertainment IPO
Shemaroo Entertainment IPO — date, price band, lot size & details 2014
Shemaroo Entertainment listed on 1 Oct 2014 at ₹180, 5.9% above the ₹170 issue price.
Shemaroo Entertainment is a Mumbai based media content house that acquires, adds value to and distributes film and entertainment content across TV, mobile and internet. Its total income was Rs 264.68 crore in FY2014.
Stock price
Shemaroo Entertainment is listed — here is the live share price.
Timetable
Key dates from opening to listing. Today is 12 November.
- Open 16 Sep 2014
- Close 18 Sep 2014
- Allotment 26 Sep 2014
- Refund/credit TBA
- Listing 01 Oct 2014
Issue summary
The terms of the offer, as filed.
| IPO Dates | 16 to 18 Sep, 2014 |
|---|---|
| Price Band | ₹155 – ₹170 |
| Face Value | ₹10 |
| Lot Size | 85 Shares |
| Issue Size | ₹120 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE, NSE |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 14,450 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 85 shares at the ₹170 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 85 | ₹14,450 |
| Retail (max) | 13 | 1,105 | ₹1,87,850 |
| S-HNI (min) | 14 | 1,190 | ₹2,02,300 |
| S-HNI (max) | 69 | 5,865 | ₹9,97,050 |
| B-HNI (min) | 70 | 5,950 | ₹10,11,500 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01Total income rose from Rs 185.62 crore in FY2012 to Rs 264.68 crore in FY2014.
- 02Profit after tax rose from Rs 21.28 crore in FY2012 to Rs 27.95 crore in FY2014.
- 03EBITDA rose from Rs 51.25 crore in FY2012 to Rs 66.49 crore in FY2014.
- 04It managed 32 channels as a Google channel partner.
Risks · 5
- 01Total borrowing rose from Rs 92.82 crore in FY2012 to Rs 151.23 crore in FY2014.
- 02Rs 106.00 crore of the issue was for working capital, as buying content rights ties up cash.
- 03Content rights can lose value as viewing habits change; profit was Rs 27.95 crore on income of Rs 264.68 crore in FY2014.
- 04Piracy and free online content can cut its earnings; net worth was Rs 174.46 crore.
- 05Promoter holding fell from 90.14% before the issue to 65.82% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Shemaroo Entertainment offer document.
| Metric | 31 Mar 2014 | 31 Mar 2013 | 31 Mar 2012 |
|---|---|---|---|
| Total Income | 264.68 | 214.67 | 185.62 |
| Profit After Tax | 27.95 | 24.58 | 21.28 |
| EBITDA | 66.49 | 58.73 | 51.25 |
| NET Worth | 174.46 | 148.38 | 126.10 |
| Reserves and Surplus | 157.60 | 130.81 | 107.40 |
| Total Borrowing | 151.23 | - | 92.82 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Shemaroo Entertainment RHP.
Where the money goes
₹108.18 Cr of the issue is earmarked to named objects.
About the company
Its activities cover content acquisition, value addition to content, and content distribution.
It distributes content through satellite, terrestrial and cable television, mobile, internet and DTH, and was an official channel partner for Google, managing 32 channels.
The IPO was Rs 120 crore and was entirely fresh issue at Rs 170, the top of the Rs 155 to Rs 170 band. Most of the money was for working capital.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Shemaroo Entertainment IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
ICICI Securities
221 issues handledBest listing: Latent View Analytics (+160.0%). Weakest: Bannari Amman Spinning Mills (-25.2%).
YES Bank Ltd
14 issues handledBest listing: CDSL (+67.8%). Weakest: New India Assurance (-6.3%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Shemaroo Entertainment?
The current Grey Market Premium is ₹0.
What is the Shemaroo Entertainment IPO price band?
₹155 to ₹170, on a face value of ₹10.
When is the allotment?
The basis of allotment is 26 September 2014, with listing on 1 October 2014.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.