Inspire Films Limited IPO Details: The scheduled date for Inspire Films IPO has been confirmed. The IPO is set to enter the market on September 25th and conclude on September 27th. The company aims to gather approximately ₹21.19 crores through this IPO via 3591000 shares, each valued at ₹10. The retail quota 35%, while QIB is 50% and HNI is 15%.
What is Inspire Films IPO?
Inspire Films IPO is an initial public offering (IPO) by Inspire Films Limited, a company engaged in the business of creation, production, distribution, and exhibition of television and digital content across broadcasting channels, apps, and digital platforms as well as content writing, production, and sale, purchase of rights.
The Inspire Films IPO is expected to open for subscription on September 25, 2023, and close on September 27, 2023. The IPO price band is ₹50-55 per share. The company plans to raise ₹35.91 crores through the IPO.
The Inspire IPO proceeds will be used to finance the company’s expansion plans, including setting up new production studios, acquiring new content rights, and investing in marketing and branding.
The company has a strong track record of profitability and has a diversified customer base. It has also tied up with leading broadcasters and digital platforms to distribute its content.
The Inspire Films IPO is a good opportunity for investors to invest in a growing company in the media and entertainment sector. However, investors should carefully consider the risks involved before investing in any IPO.
Objectives of Inspire Films IPO
The objectives of the Inspire Films IPO are as follows:
- To finance the company’s expansion plans, including setting up new production studios, acquiring new content rights, and investing in marketing and branding.
- To meet the company’s working capital requirements.
- To meet the company’s general corporate purposes.
The company’s expansion plans will help it to increase its production capacity and meet the growing demand for its content. The IPO proceeds will also help the company to reduce its debt burden and improve its financial health.
The Inspire Films IPO is a good opportunity for investors to invest in a growing company in the media and entertainment sector. The company has a strong track record of profitability and has a diversified customer base. However, investors should carefully consider the risks involved before investing in any IPO.
Inspire Films IPO Date & Price Band Details
| IPO Open: | September 25, 2023 |
| IPO Close: | September 27, 2023 |
| IPO Size: | Approx ₹21.19 Crores, 3,591,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹56 – ₹59 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
Inspire Films IPO Market Lot
The Inspire Films IPO minimum market lot is 2000 shares with a ₹118000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹118000 |
| Retail Maximum | 1 | 2000 | ₹118000 |
| S-HNI Minimum | 2 | 4000 | ₹236000 |
Inspire Films IPO Dates
The Inspire Films IPO date is September 22 and the IPO close date is September 26. The IPO allotment date is September 30 and the IPO might list on September 5.
| IPO Open Date: | September 25, 2023 |
| IPO Close Date: | September 27, 2023 |
| Basis of Allotment: | October 3, 2023 |
| Refunds: | October 4, 2023 |
| Credit to Demat Account: | October 5, 2023 |
| IPO Listing Date: | October 6, 2023 |
You can check this IPO calendar to have latest update on your mobile. Add this calendar to your mobile and get daily updates on the current and upcoming IPO.
Inspire Films IPO Subscription Status
For the latest update on the Inspire Films IPO, you can check this dedicated page for IPO subscription status.
Inspire Films IPO Allotment Status
For the latest update on the Inspire Films IPO, you can check this dedicated page for IPO allotment status.
Inspire Films IPO Forms
For IPO form for the Inspire Films IPO, you can check this dedicated page for IPO Forms.
Inspire Films Company Financials
Inspire Films Limited is a profitable company with a strong financial track record. The company’s revenue has grown steadily over the past few years, and its profitability has also improved.
Financial Highlights (FY 2022-23)
- Revenue: ₹15.62 crores
- Profit after tax: ₹4.75 crores
- Net margin: 30.43%
The company’s financial performance is supported by its strong customer base, which includes leading broadcasters and digital platforms. The company also benefits from its diversified product portfolio and its low-cost production base.
Debt Profile
Inspire Films Limited has a low debt burden. The company’s debt-to-equity ratio is currently at 0.25. This means that the company has a strong financial cushion to absorb any unforeseen shocks.
Investment Highlights
Inspire Films Limited is a well-established media and entertainment company with a strong financial track record. The company is well-positioned to benefit from the growing demand for its content. The IPO proceeds will be used to finance the company’s expansion plans, which will help it to increase its production capacity and meet the growing demand.
However, investors should carefully consider the risks involved before investing in the Inspire Films IPO. The company is facing increasing competition from established players in the industry. The company’s financial performance is also sensitive to the overall economic conditions.
Inspire Films IPO Pros & Cons
| Feature | Pro | Con |
|---|---|---|
| Financial performance | Strong track record with steady revenue growth and improved profitability | Financial performance sensitive to the overall economic conditions |
| Competitive landscape | Facing increasing competition from established players in the industry | |
| Product portfolio | Diversified | |
| IPO proceeds | Will be used to finance expansion plans, which will help the company to increase its production capacity and meet the growing demand | |
| Overall | Well-established media and entertainment company with a strong financial track record and a diversified product portfolio | Facing increasing competition and financial performance sensitive to the overall economic conditions |
Company Promoters
- Yash Arabinda Patnaik
- Beyond Dreams Entertainment Private Limited
Inspire Films IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/
Company Address
Inspire Films Limited
111, 1st Floor, Shree Kamdhenu Estate,
Chincholi Off Link Road, Bhd Tangent Showroom,
Charkop, Malad Mumbai – 400064
Phone: 022- 46095834
Email: compliance@inspirefilms.in
Website: http://www.inspirefilms.in/
Inspire Films IPO FAQs
Inspire Films Limited IPO Details: The scheduled date for Inspire Films IPO has been confirmed. The IPO is set to enter the market on September 25th and conclude on September 27th.
The IPO will open on 25th September 2023.
To apply for the Inspire Films IPO, you can either use the ASBA (Application Supported by Blocked Amount) facility provided by your bank or use the UPI (Unified Payments Interface) facility provided by your broker.
To apply using ASBA:
Log in to your net banking account.
Go to the IPO section.
Select the Inspire Films IPO.
Enter the number of shares you want to apply for and the price you are willing to pay.
Enter your bank account details and PAN number.
Review and submit your application.
To apply using UPI:
Log in to your broker’s website or mobile app.
Go to the IPO section.
Select the Inspire Films IPO.
Enter the number of shares you want to apply for and the price you are willing to pay.
Enter your UPI ID.
Review and submit your application.
Note:
You must have a demat account to apply for the IPO.
You can only apply for the IPO during the subscription period.
You can only apply for the IPO once.
If you are applying for the IPO using ASBA, your bank will block the funds in your account until the allotment of shares. If you are allotted shares, the funds will be debited from your account. If you are not allotted shares, the funds will be unblocked.
If you are applying for the IPO using UPI, the funds will be debited from your account only if you are allotted shares.
Inspire Films IPO size is ₹21.19 crores.
The price band for Inspire Films IPO is ₹56 to ₹59.
The minimum bid is 2000 Shares with ₹118000 amount while the maximum bid is 4000 shares with ₹236000.
Inspire IPO allotment date is 03 October 2023.
Inspire Films IPO listing date is 6 October 2023. The IPO is to list on NSE SME.