Shree Ashtavinayak Cine Vision IPO
Shree Ashtavinayak Cine Vision IPO — date, price band, lot size & details 2006
Shree Ashtavinayak Cine Vision listed on 10 Jan 2007 at ₹193, 20.6% above the ₹160 issue price.
Shree Ashtavinayak Cine Vision is a film production and distribution company that had produced four films before its IPO. Its total income was Rs 61.05 crore in FY2006.
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.
- Open 14 Dec 2006
- Close 20 Dec 2006
- Allotment TBA
- Refund/credit TBA
- Listing 10 Jan 2007
Issue summary
The terms of the offer, as filed.
| IPO Dates | 14 to 20 Dec, 2006 |
|---|---|
| Price Band | ₹140 – ₹160 |
| Face Value | ₹10 |
| Lot Size | 40 Shares |
| Issue Size | ₹59.65 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE, NSE |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 6,400 |
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 40 shares at the ₹160 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 40 | ₹6,400 |
| Retail (max) | 31 | 1,240 | ₹1,98,400 |
| S-HNI (min) | 32 | 1,280 | ₹2,04,800 |
| S-HNI (max) | 156 | 6,240 | ₹9,98,400 |
| B-HNI (min) | 157 | 6,280 | ₹10,04,800 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01Total income rose from Rs 26.70 crore in FY2005 to Rs 61.05 crore in FY2006.
- 02Restated profit after tax rose from Rs 2.36 crore in FY2005 to Rs 10.62 crore in FY2006.
- 03Net worth rose from Rs 14.60 crore in FY2005 to Rs 30.76 crore on 31 July 2006.
- 04Rs 45.90 crore of the issue was for producing films.
Risks · 5
- 01It was relatively new to film production, with only 4 films produced.
- 02Film returns are hit and miss, and one failure can wipe out a year's profit of Rs 10.62 crore.
- 03Its auditor had qualified its accounts, and restatement changed FY2006 profit from Rs 747.39 lakhs to Rs 1061.99 lakhs.
- 04It had unsecured loans of Rs 270.00 lakhs from its promoter group on 31 July 2006.
- 05Promoter holding fell from 100% before the issue to 67.1% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Shree Ashtavinayak Cine Vision offer document.
| Metric | 31 Jul 2006 | 31 Mar 2006 | 31 Mar 2005 |
|---|---|---|---|
| Total Income | 41.60 | 61.05 | 26.70 |
| Profit After Tax | 6.03 | 10.62 | 2.36 |
| NET Worth | 30.76 | 24.95 | 14.60 |
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 Shree Ashtavinayak Cine Vision RHP.
Where the money goes
₹64.52 Cr of the issue is earmarked to named objects.
About the company
It produces motion pictures and distributes films, including films of other production houses in the Mumbai territory.
It had produced four films, distributed nationally through a network of distributors. It hires directors and technicians on a contract basis for each project rather than keeping them in-house.
The IPO was a fresh issue at Rs 160, the top of the Rs 140 to Rs 160 band. The money was mainly for film production and production equipment.
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.
Shree Ashtavinayak Cine Vision 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.
Almondz Global Securities Ltd
23 issues handledBest listing: Amar Remedies (+100.0%). Weakest: First Winner Industries (-12.0%).
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 Shree Ashtavinayak Cine Vision?
The current Grey Market Premium is ₹0.
What is the Shree Ashtavinayak Cine Vision IPO price band?
₹140 to ₹160, on a face value of ₹10.
When is the allotment?
The basis of allotment is TBA, with listing on 10 January 2007.
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.
