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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.

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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 12 November.

Key dates Listed
  1. Open 16 Sep 2014
  2. Close 18 Sep 2014
  3. Allotment 26 Sep 2014
  4. Refund/credit TBA
  5. 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
Reservation
QIB 48.13%
NII 14.44%
Retail 37.43%

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.

shares
1 lot lots
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.

Total income
264.68
186
215
265
31 Mar 201231 Mar 201331 Mar 2014
Profit after tax
27.95
21
25
28
31 Mar 201231 Mar 201331 Mar 2014
EBITDA
66.49
51
59
66
31 Mar 201231 Mar 201331 Mar 2014
Borrowing vs net worth
151.23 / 174.46
31 Mar 201231 Mar 201331 Mar 2014
Borrowing Net worth
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.

RoNW
15.63%

Where the money goes

₹108.18 Cr of the issue is earmarked to named objects.

Fund working capital requirements ₹106.00 Cr
Fund expenditure for general corporate purposes ₹2.18 Cr

About the company

Shemaroo Entertainment Limited is a Mumbai based integrated media content house. Its promoters are Raman Maroo and Atul Maru.

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.

Promoters
Raman Maroo and Atul Maru
Promoter holding
90.14% → 65.82%
Pre-issue → post-issue

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
ICICI Securities View track record →
Book-running lead manager
YES Bank Ltd View track record →
Red Herring Prospectus
SEBI filing
Final offer document — price band, financials and risk factors. This page is built from it.
Open the RHP

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 handled
Listed in Profit 67.9% 150 of 221 listed
Avg Listing Gain +17.6% across 221 issues
Listed Below Issue 71 of 221 listed

Best listing: Latent View Analytics (+160.0%). Weakest: Bannari Amman Spinning Mills (-25.2%).

YES Bank Ltd

14 issues handled
Listed in Profit 64.3% 9 of 14 listed
Avg Listing Gain +16.6% across 14 issues
Listed Below Issue 5 of 14 listed

Best 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

Company
Shemaroo Entertainment
Email

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.

Shemaroo Entertainment IPO

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.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹0
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Min bid
₹14,450
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