Silly Monks IPO is all about to make its debut on 5 Jan 2018 with issue size of INR 15.12 Cr
Silly Monks Entertainment Ltd., a Hyderabad-based entertainment and media company with a primary focus on digital media publishing, was established in 2013. The company posts digital material to a variety of websites, including YouTube, Facebook, Amazon, Vuclip, and others.
The firm either produces the contents that are published, or they are purchased outright or obtained through syndication. When a corporation purchases material, the company acquires the copy rights to the content through a contract with the assignor, and as a result, we receive the full publication revenue. The firm splits the money with the content partner when the content is distributed through syndication.
INDUSTRY OVERVIEW
The US economy saw a significant resurgence in Q3 2016 as a result of strong consumer spending and an ongoing improvement in the labour market. Even if other measures like retail sales, consumer confidence, and the PMI showed continued progress, the GDP growth in Q4 of 2016 was much slower than expected due to a big decline in net exports. In spite of this, domestic demand expanded at its strongest rate in nearly two years, and consumer confidence soared in March to a 16-year high. In the Euro area, GDP growth strengthened in the second half of 2016, helped by persistent job growth and relatively low oil prices. Despite the uncertainty surrounding the Brexit discussions, the UK’s economic growth accelerated in the second half of 2016.
Silly Monks IPO Details
| IPO Date | Jan 5, 2018 to Jan 10, 2018 |
| Listing Date | Jan 17, 2018 |
| Face Value | ₹10 per share |
| Price | ₹120 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 1,260,000 shares(aggregating up to ₹15.12 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Company Financials
| FY2015 | FY2016 | FY2017 | Q2 FY2018 | |||
| Total revenue | 328.0 | 492.6 | 1,201.8 | 654.4 | ||
| Total expenses | 325.6 | 460.7 | 1,043.8 | 549.6 | ||
| Profit after tax | -2.1 | 27.9 | 144.7 | 96.1 | ||
Objects of the Issue
The purpose of the Fresh Issue is to collect money for:
1. Expanding Content Portfolio
2. Establishing six offices for PAN India presence in Mumbai, Chennai, Bangalore, Delhi, Cochin, and Hyderabad;
3. General corporate purposes
4. Costs associated with the issue.
Silly Monks IPO Prospectus
Company Contact Information
Silly Monks Entertainment Ltd
301, Ektha Pearl, 2-17-89,
B P Raju Marg, Kothaguda,
Kondapur, Hyderabad 500 084
Phone: +91 40 2300 4518
Email: investor@sillymonks.com
Website: https://www.sillymonks.com/
Silly Monks IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Silly Monks IPO Lead Manager(s)
- Aryaman Financial Services Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
