Ganesh Films India IPO is set to make its debut on 16 July 18 with 8.42 Cr is a company engaged in the business of manufacturing and trading of Dyestuffs.
Ganesh Films India IPO – overview
| IPO Dates | 16-23 July 18 |
| IPO Price | INR 80 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 1,052,800 shares (INR 8.42 crore) |
| Minimum bid (lot size) | 1600 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Ganesh Films India IPO – Tentative Dates
| IPO Offer Opening Date | 16 July 2018 |
| IPO Closing Date | 23 July 2018 |
| Finalization of Basis of Allotment | 23 July 2018 |
| Initiation of refunds | 24 July 2018 |
| Transfer of shares to demat accounts | 25 July 2018 |
| IPO Listing Date | 26 July 2018 |
Company Overview
Incorporated in 2018, Mumbai based Ganesh Films India Limited is a company engaged in the business of acquiring distribution rights of south Indian movies from production or co-production houses and thereafter distribute the same to the cinema halls spread across the Distribution Territory. Since incorporation, the Company has entered into agreements for the acquisition of distribution rights of many films (“Library”). The Company currently has a Library of over 696 south Indian films
M/s. Ganesh Films, a proprietary concern was formed by Nambirajan Ganapathi Yadav (“Ganesh Films”), the Promoter of Ganesh Films India Limited (“the Company” or “GFIL”) in the year 1985 with a view to increasing the popularity of south Indian language movies in northern and western regions of India commonly known in the film industry as the North Indian territory (“Distribution Territory”). The business includes theatrical distribution of south Indian films in the Distribution Territory through the media platforms like internet, mobile phone and other platforms (“Digital Platforms”). The Promoters have vast experience in the theatrical distribution of approx. 450 south Indian films (including Tamil, Telugu, Kannada, Malayalam and other regional films) in the Distribution Territory.
In the year 1991, Ganesh Films initiated for the first-time simultaneous release of Tamil movies in the Distribution Territory and in the South Indian territory with the famous Tamil language crime drama film ‘Thalapathi’ starring Rajnikanth, Mammooty, Amrish Puri and other famous film stars directed by Mani Ratnam.
Objects of the Issue
The Issue comprises of a Fresh Issue and an Offer for Sale by the Promoters.
The Company will not receive any proceeds of the Offer for Sale by the Promoters and Promoter Group Selling
Shareholders.
The objectives of the fresh issue are:
(a) Working Capital Requirements;
(b) Funding expenditure for General Corporate Purposes
Company Financials
| Particulars | 20-May-18 |
| Total Assets | 321.15 |
| Total Revenue | 9.18 |
| Profit After Tax | 0.54 |
Company Contact Information
Ganesh Films India Limited
#503, 5th Floor, Plot 461D,
A Wing, Parshvanath Gardens, Bhaudaji Road
d, Kings Circle, Matunga, Mumbai-400019
Phone: +91 810 444 9343
Email: info@ganeshfilms.com
Website: http://www.ganeshfilms.com/
Ganesh Films IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Ganesh Films IPO Lead Manager(s)
- Fedex Securities Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
