Sungold Media and Entertainment IPO: GMP, Price, Dates, Issue Size 

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Sungold Media and Entertainment IPO is set to make its debut on 9th Aug 18 with 13.55 Crs a company engaged in the business of manufacturing/assembling LED TVs, LED monitors and Power Banks. 

Sungold Media and Entertainment IPO – overview 

IPO Dates  9-17 Aug 18 
IPO Price  INR 51 per share  
Fresh issue                  – 
Offer For Sale                 Nil 
Total IPO size  2,656,000 shares (INR 13.55 crore) 
Minimum bid (lot size)  2000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

Incorporated in 2015, Delhi based Sungold Media and Entertainment nologies Limited is a company engaged in the business of manufacturing/assembling LED TVs, LED monitors and Power Banks. 

Sungold Media and Entertainment nologies initially sold its products under the brand names of “Power eye” and “Lappy Master”. The company also used to make power banks for other brands. 

In the year 2016-17, it got approval from Kodak and Polaroid to manufacturer mobile power banks and LED TVs respectively. The company is an authorized licensee for Kodak Power banks and Polaroid LED TVs and LED 
Monitors in India. 

As part of its focus to sell its products online, the company has recently tied-up with Appraio Retail Pvt. Ltd, a JV of Amazon Asia and Patni group as also with Flipkart India Pvt. Ltd. 

The company’s manufacturing unit is located in Noida. The company has recently delivered the first shipment of mobile adapters to its distributors under the “Power eye” brand. 

Strengths of the Company- 

1. License rights with reputed global brands like Polaroid for India, Nepal, and Bangladesh and with Kodak for India. 
2. Ownership of brand names “Powereye” and “Lappy Master”. 
3. Wide distribution network. 

Objects of the Issue 

  • Achieve the benefits of listing the Equity Shares on the SME Platform of BSE. 
  • Enhance the company’s visibility, brand name and provide liquidity to the existing shareholders. 
  • Provide a public market for the Equity Shares in India. 

Company Financials      

Particulars          31-Mar-18 31-Mar-17 31-Mar-16 
Total Assets          486.85 483.21 473.88 
Total Revenue          59.85 56.34 34.96 
Profit After Tax          5.32 8.81 6.31 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Sungold Media and Entertainment Limited 
13, Radhakrushna Mandir Compound 
Rajpipla, Nandod, 
Narmada- 393145, Gujarat 
Phone: +91 9099018633 
Email: info@sungoldmediaent.com 
Website: http://sungoldmediaent.com/ 

Sungold Media Entertainment IPO Registrar 

Satellite Corporate Services Private Limited 
 
Phone: +91-22- 28520461/462 
Email: service@satellitecorporate.com 
Website: http://www.satellitecorporate.com 

Sungold Media Entertainment IPO Lead Manager(s) 

  1. Finshore Management Services Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

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