V R Films IPO Details is all about to make its debut on 12 April 2019 with issue size of INR 2.27cr
V R Films & Studios Limited, a Mumbai-based company founded in 2007, provides a full spectrum of localization services to the digital, film, and television industries. The company offers support services for TV shows, games, documentaries, movies, and audiobooks in both foreign and Indian regional languages, including content editing, subtitling, dubbing, localization, and mixing.
The business also performs dubbing (post-production process) work on Chinese and Hollywood films to translate them into regional Indian languages, after which it distributes them to sub-distributors via sub-licensing in the licenced locales and the licenced languages. Zee TV, Sony TV, and other networks have sublicenses to use the company’s films.
INDUSTRY OVERVIEW
The global economic outlook is overshadowed by moderating activity and heightened risks. International trade and investment have weakened, while trade tensions persist, and some major emerging market and developing economies have faced significant financial market pressures. As a result, EMDE growth has slowed, with a weaker-than-expected recovery in commodity exporters and a deceleration in commodity importers. The downside risks have intensified, with the possibility of disorderly financial market developments disrupting activity in affected economies and leading to contagion effects. Trade disputes could also escalate, denting economic activity in involved countries and causing negative global spillovers.
To tackle this challenging environment, the top priority for EMDE policymakers is to prepare for potential financial market stress and rebuild macroeconomic policy buffers as needed. Policymakers should also foster stronger potential growth by improving human capital, removing investment barriers, and promoting trade integration within a multilateral system based on rules. Such efforts could also address the challenges of informality.
V R Films IPO Details
| IPO Date | Apr 12, 2019 to Apr 18, 2019 |
| Listing Date | Tuesday, April 30, 2019 |
| Face Value | ₹10 per share |
| Price | ₹61 per share |
| Lot Size | 2000 Shares |
| Issue Size | 372,000 shares of ₹10(aggregating up to ₹2.27 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | ||||
| 31-Oct-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | ||
| Total Assets | 653.01 | 614.93 | 512.94 | 545.57 | |
| Total Revenue | 362.31 | 1,277.73 | 606.04 | 623.02 | |
| Profit After Tax | 34.09 | 97.57 | 27.43 | 3.26 |
Objects of the Issue
The following goals are what the Business plans to accomplish with the Issue Proceeds:
1. To fulfill the need for working capital
2. The goal of the company generally
3. To Cover the Issue’s Costs
V R Films IPO Prospectus
Company Contact Information
V R Films & Studios Limited
19, Chhadva Apartments,
Sion-Trombay Road,
Chembur, Mumbai – 400071
Phone: +91-22-25273841
Email: smeipo@vrfilms.in
Website: http://www.vrfilms.in/
V R Films IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: vrfilms@linkintime.co.in
Website: https://linkintime.co.in/
V R Films IPO Lead Manager(s)
- Hem Securities Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
