Shringar Cinemas IPO
Shringar Cinemas IPO — date, price band, lot size & details 2005
Shringar Cinemas listed on 29 Apr 2005 at ₹57, 7.5% above the ₹53 issue price.
Shringar Cinemas is a film exhibition and distribution company that runs multiplexes under the Fame brand. Its total income was Rs 5.11 crore in FY2004.
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 05 Apr 2005
- Close 11 Apr 2005
- Allotment TBA
- Refund/credit TBA
- Listing 29 Apr 2005
Issue summary
The terms of the offer, as filed.
| IPO Dates | 5 to 11 Apr, 2005 |
|---|---|
| Price Band | ₹47 – ₹53 |
| Face Value | ₹10 |
| Lot Size | 125 Shares |
| Issue Size | ₹43.2 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE, NSE |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 6,625 |
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 125 shares at the ₹53 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 125 | ₹6,625 |
| Retail (max) | 30 | 3,750 | ₹1,98,750 |
| S-HNI (min) | 31 | 3,875 | ₹2,05,375 |
| S-HNI (max) | 150 | 18,750 | ₹9,93,750 |
| B-HNI (min) | 151 | 18,875 | ₹10,00,375 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01Net worth rose from Rs 4.19 crore in FY2003 to Rs 23.82 crore in FY2004.
- 02Total income rose from Rs 3.03 crore in FY2002 to Rs 5.11 crore in FY2004.
- 03The whole Rs 43.2 crore issue was fresh money for expansion.
- 04It ran its multiplexes under 1 brand, Fame.
Risks · 5
- 01It made a loss of Rs 2.83 crore in nine months to December 2004.
- 02Total borrowing rose to Rs 34.61 crore in December 2004 from almost nil.
- 03It had not signed agreements or placed orders for its planned multiplexes, to be funded from the Rs 43.2 crore issue.
- 04Box office income depends on the success of films; total income was only Rs 6.19 crore in nine months to December 2004.
- 05Promoter holding fell from 64.3% before the issue to 47.7% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Shringar Cinemas offer document.
| Metric | 31 Dec 2004 | 31 Mar 2004 | 31 Mar 2003 | 31 Mar 2002 |
|---|---|---|---|---|
| Assets | 68.66 | 36.80 | 6.90 | 4.90 |
| Total Income | 6.19 | 5.11 | 4.54 | 3.03 |
| Profit After Tax | -2.83 | 1.15 | -0.35 | 0.04 |
| NET Worth | 21.72 | 23.82 | 4.19 | 4.54 |
| Reserves and Surplus | -1.70 | 19.43 | 4.09 | 4.44 |
| Total Borrowing | 34.61 | - | 0.07 | 0.01 |
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 Shringar Cinemas RHP.
Where the money goes
₹33.70 Cr of the issue is earmarked to named objects.
About the company
It works in film exhibition, running multiplexes under the Fame brand, and in film distribution.
It had 75 trademark applications pending and planned new multiplexes, for which it had not yet signed construction or equipment agreements.
The IPO was Rs 43.2 crore and was entirely a fresh issue at Rs 53, the top of the Rs 47 to Rs 53 band. The money was for new multiplexes.
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.
Shringar Cinemas 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.
Axis Capital
255 issues handledBest listing: Latent View Analytics (+160.0%). Weakest: Shriram Properties (-23.7%).
JM Morgan Stanley Pvt. Ltd
22 issues handledBest listing: Infrastructure Development Finance Co (+76.5%). Weakest: House of Pearl Fashions (-9.1%).
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 Shringar Cinemas?
The current Grey Market Premium is ₹0.
What is the Shringar Cinemas IPO price band?
₹47 to ₹53, on a face value of ₹10.
When is the allotment?
The basis of allotment is TBA, with listing on 29 April 2005.
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.
