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Adlabs Entertainment Ltd IPO (Adlabs Entertainment IPO) Detail

Mar 10, 2015 - Mar 12, 2015

Adlabs Entertainment Limited is mainly engaged in the business of theme park and entertainment industry. AEL own and operates Adlabs Imagica which is India's first and only international standard theme park. It offers entertainment, dining, shopping and accommodation under one roof. The Rs 1,650-crore theme park spread over 300 acres opened in April 2013. It can accommodate as many as 20,000 visitors.

The Theme Park, is a part of Adlabs Mumbai, a 'one-stop' entertainment destination that they offer at this location. Adlabs Mumbai also includes Aquamagica, a water park, which became fully operational on October 1, 2014, and a family hotel, Novotel Imagica Khopoli, the first phase of which is expected to be completed by March 2015.

Currently they have 25 rides and five themed restaurants which include a ride based on the Bollywood film Mr. India, India's biggest floor-less roller coaster, and a 300-room hotel and water park. They also offer entertainment through live performances by acrobats, magicians, dancers, musicians and other artists throughout the day in various parts of theme park.

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Company Promoters:

The Promoters of the Company are:

1. Mr Manmohan Shetty

2. Thrill Park Ltd

Company Financials:

ParticularsFor the year/period ended (in Rs. Million)
01-Apr-14 to 30-Sep-14
Total Income733.25
Profit After Tax (PAT)(535.29)

Objects of the Issue:

The object of the issue are to:

1. Partial repayment or pre-payment of the Consortium Loan;
2. General corporate purposes; and
3. Receive the benefits of listing of the Equity Shares on the Stock Exchanges.

Adlabs Entertainment IPO Details

IPO Opening Date Mar 10, 2015
IPO Closing Date Mar 12, 2015
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹180 to ₹215 per equity share
Market Lot 65 Shares
Min Order Quantity 65 Shares
Listing At BSE, NSE
Issue Size20,326,227 Eq Shares of ₹10
(aggregating up to ₹365.87 Cr)
Fresh Issue18,326,227 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)
Offer for Sale2,000,000 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)

Adlabs Entertainment IPO Lot Size

The Adlabs Entertainment IPO market lot size is 65 shares. A retail-individual investor can apply for up to 14 lots (910 shares or ₹195,650).

Application Lots Shares Amount (Cut-off)
Minimum 1 65 ₹13,975
Maximum 14 910 ₹195,650

Discount

Discount of Rs 12.00 is available for Retail investors.

Userful Articles

Total funds raised ADLABS IPO

ADLABS Entertainment Ltd IPO raised less funds (Rs 276.67 Cr.) than its proposed public issue (Rs 374.60 Cr.) as the IPO didn't subscribe fully in NII category.

Total funds raised by ADLABS Entertainment Ltd IPO
 

Shares Offered

Price(Rs )

Public Issue Size (Rs )

Shares Allocated

Total Amount Raised (Rs )

QIB+NII

18,293,605

180

3,292,848,900

13,473,335

2,425,200,300

Retail

2,032,622

168

341,480,496

2,032,622

341,480,496

Total

20,326,227

 

3,634,329,396

15,505,957

2,766,680,796

Adlabs Entertainment IPO Review

As usual, on pricing point, despite SEBI’s suggestions quite often, merchant bankers have taken shelter of feedbacks from P/Es and QIBs rather than using their own expertise on the subject. We have seen the disaster of free pricing in the past with majority IPOs failing to reward investors post listings.

Disclaimer: Author has no plans to invest in this IPO. Investors can use their own discretion for investing in this IPO, as any investment in stock market is attached to market risks.

Read detail review...

Adlabs Entertainment IPO Subscription Status (Bidding Detail)

The Adlabs Entertainment IPO is subscribed 1.09 times on 3/17/2015 5:30:00 PM. The public issue subscribed 1.30 times in the retail category, 1.17 times in the QIB category, and 0.69 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB1.17
NII0.69
Retail1.30
Total1.09

Adlabs Entertainment IPO Prospectus

Adlabs Entertainment IPO Rating

200
2.9
Rating:Rated 2.9 stars
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Adlabs Entertainment IPO Listing Date

Listing Date Monday, April 6, 2015
BSE Script Code 539056
NSE Symbol ADLABS
Listing In B Group of Securities
ISIN INE172N01012
IPO Price ₹180 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹180.00
₹167.95
₹156.40
₹199.00
₹191.25
NSE
₹180.00
₹162.20
₹155.20
₹194.60
₹191.50

Company Contact Information

Adlabs Entertainment Ltd
30/31, Sangdewadi, Khopoli Pali Road,
Taluka-Khalapur,
District Raigad 410 203, Maharashtra
Phone: +91 22 4068 0000
Email: compliance@adlabsentertainment.com
Website: http://www.adlabsimagica.com

Adlabs Entertainment IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: ael.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Adlabs Entertainment IPO Reviews / Ratings

Adlabs Entertainment IPO FAQs

Adlabs Entertainment IPO is a main-board IPO of 20,326,227 equity shares of the face value of ₹10 aggregating up to ₹365.87 Crores. The issue is priced at ₹180 to ₹215 per equity share. The minimum order quantity is 65 Shares.

The IPO opens on Mar 10, 2015, and closes on Mar 12, 2015.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Adlabs Entertainment IPO opens on Mar 10, 2015 and closes on Mar 12, 2015.

Adlabs Entertainment IPO lot size is 65 Shares and the minimum order quantity is 65 Shares.

You can apply in Adlabs Entertainment IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Adlabs Entertainment IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Adlabs Entertainment IPO allotment status.

The Adlabs Entertainment IPO listing date is on Monday, April 6, 2015.

Adlabs Entertainment IPO Message Board

Ranked Members  Ranked Members

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103 Comments

84. RAJESH SINGH |May 21, 2015 5:56:04 PM
My choice is Adlabs.

Regards
83. VINOD JAIN NICKY |May 18, 2015 5:01:11 PM
ANY OTHER NEW ISSUE
82. Vraj Shah |Apr 6, 2015 8:19:42 PM
Rex issue declared
81. PavanM |Apr 6, 2015 11:47:16 AM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Excellent recovery...now at 199..enjoy
81.1. sushil |Apr 6, 2015 12:47:11 PM
price 180.00 at 1145 am
80. PavanM |Apr 6, 2015 11:23:00 AM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Sell (Ask) Quantity 6 times of Bid (Buy)quantity...will it come below 150 today?
79. ria shroff |Apr 6, 2015 11:21:23 AM
where to find live price please help
79.1. sushil |Apr 6, 2015 12:44:42 PM
see live price on business standard website
78. VALUE INVESTOR |Apr 6, 2015 10:50:41 AM
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
Fell to 162, not sure what will happen at 10 AM
77. VALUE INVESTOR |Apr 6, 2015 10:49:25 AM
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
Listed at issue price of 167.95 no premium :-(
76. IPO MK RAJKOT |Apr 2, 2015 6:36:55 PM
Adlabs will list on 6th April 2015

Inox Wind Ltd will be listed on 9th April 2015.

Happy listing and best of luck .
75. Nasirul Choudhury |Mar 31, 2015 10:07:25 PM
Top Contributor Top Contributor (300+ Posts)
Adlabs listing on 6th instead of tomorrow. Challo April Fool ke din list nahi horaha!

http://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20150331-46
74. Maa Zaki |Mar 30, 2015 8:08:33 PM
Hi All
I''''m new to this site I find very useful comments about IPO
My Second IPO is Adlabs (Ortel was first Loss)
Hope will get listed High to cover Ortel
When will Adlabs/INOX listing ?
74.1. Nasirul Choudhury |Mar 30, 2015 8:32:08 PM
Top Contributor Top Contributor (300+ Posts)
Apply only for good IPO''''s. Who told you to apply for Ortel?? Adlabs likely to list on 1st at par, if they adhere by the timeline they proposed in prospectus, which is 27th but as issue closing was extended we should expect three days delay i.e., 1st April and hope it doesn''''t turn out april fool for investors of Adlabs.

For Inox there seems 4 lakhs Applicants & only 2.50 lakh can get it. So, goodluck if you get allocated.
73. Maurya Bgp |Mar 29, 2015 12:01:09 AM
Listing price could be 190
72. Nasirul Choudhury |Mar 28, 2015 2:54:50 AM
Top Contributor Top Contributor (300+ Posts)
Allotment done and listing will be probably on Wednesday I guess. Goodluck retailers you sailed the IPO. Hope you make some money at least to the tune of discount amount.
71. Carn Mohan |Mar 27, 2015 11:35:25 PM
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
if available below 90/ than good long term buy.
70. SONMAYA |Mar 27, 2015 6:07:52 PM
Top Contributor Top Contributor (400+ Posts)
thanks for good wishes
69. IPO MK RAJKOT |Mar 27, 2015 5:34:23 PM
Adlabs ipo''s allotment status available in link intime site .
Adlabs price is 180 non retailers and 180-12 (discount)=168 for retail investor.
best of luck investors.
68. montu advisor |Mar 27, 2015 5:34:04 PM
Adlab Allotment is declared. see the linkintime site..!!! may b monday listing
67. Nasirul Choudhury |Mar 26, 2015 11:19:35 PM
Top Contributor Top Contributor (300+ Posts)
Adlabs IPO Allotment should be done. All retail shareholders should get it easily. An IPO if fixed in 180-190 range in the beginning could have seen huge subscription could somehow sail through. I am waiting to see the fate of this. I feel it may not tank as much like Ortel but likely to still list at discount.
66. Nasirul Choudhury |Mar 25, 2015 10:33:16 PM
Top Contributor Top Contributor (300+ Posts)
Bid/Issue Closing Date
March 12, 2015
Finalisation of Basis of Allotment with the Designated Stock Exchange
On or about March 23, 2015
Initiation of refunds
On or about March 24, 2015
Credit of Equity Shares to demat accounts of Allottees
On or about March 25, 2015
Commencement of trading of the Equity Shares on the Stock Exchanges
On or about March 27, 2015
The above timetable is indicative and does not constitute any obligation on our Company or the Selling Shareholder or the GCLMs.
Whilst our Company shall ensure that all steps for the completion of the necessary formalities for the listing and the commencement of trading of the Equity Shares on the Stock Exchanges are taken within 12 Working Days of the Bid/Issue Closing Date, the timetable may change due to various factors, such as extension of the Bid/Issue Period by our Company and the Selling Shareholder, revision of the Price Band or any delay in receiving the final listing and trading approval from the Stock Exchanges. The commencement of trading of the Equity Shares will be entirely at the discretion of the Stock Exchanges and in accordance with the applicable laws. The Selling Shareholder confirms that it shall extend all reasonable co-operation required by our Company and the GCLMs for the completion of the necessary formalities for listing and commencement of trading of the Equity Shares (offered by each such Selling Shareholder in the Offer for Sale) at all Stock Exchanges within 12 Working Days from the Bid/Issue Closing Date.
65. Nasirul Choudhury |Mar 23, 2015 9:48:55 PM
Top Contributor Top Contributor (300+ Posts)
I think they will extend the allotment date and listing date given that it''s closing date was extended. I am waiting to see the listing even though I didn''t subscribe.