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Adlabs Entertainment Ltd IPO (Adlabs Entertainment IPO) Detail

March 10, 2015 - March 12, 2015

Adlabs Entertainment IPO is a book built issue of Rs 365.87 crores. The issue is a combination of fresh issue of 1.83 crore shares and offer for sale of 0.2 crore shares.

Adlabs Entertainment IPO bidding started from March 10, 2015 and ended on March 12, 2015. The shares got listed on BSE, NSE on April 6, 2015.

Adlabs Entertainment IPO price band is set at ₹180 to ₹215 per share. The minimum lot size for an application is 65 Shares. The minimum amount of investment required by retail investors is ₹13,975.

Centrum Capital Limited, Deutsche Equities India Private Limited and Kotak Mahindra Capital Company Limited are the book running lead managers of the Adlabs Entertainment IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Adlabs Entertainment IPO RHP for detailed information.

Adlabs Entertainment IPO Details

IPO Date March 10, 2015 to March 12, 2015
Listing Date April 6, 2015
Face Value ₹10 per share
Price Band ₹180 to ₹215 per share
Lot Size 65 Shares
Total Issue Size20,326,227 shares
(aggregating up to ₹365.87 Cr)
Fresh Issue18,326,227 shares
(aggregating up to ₹[.] Cr)
Offer for Sale2,000,000 shares of ₹10
(aggregating up to ₹[.] Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Adlabs Entertainment IPO Reservation

Adlabs Entertainment IPO offers 20,326,227 shares. 15,244,671 (75.00%) to QIB, 3,048,934 (15.00%) to NII, 2,032,622 (10.00%) to RII. 31,271 RIIs will receive minimum 65 shares and (sNII) and (bNII) will receive minimum 975 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered15,244,671 (75.00%)NA
NII (HNI) Shares Offered3,048,934 (15.00%)
Retail Shares Offered2,032,622 (10.00%)31,271
Total Shares Offered20,326,227 (100%)

Adlabs Entertainment IPO Lot Size

Investors can bid for a minimum of 65 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 65 ₹13,975
Retail (Max) 14 910 ₹195,650
Lot Size Calculator

About Adlabs Entertainment Ltd

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.

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 (Adlabs Entertainment IPO Objectives)

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 Review (May apply)

[Dilip Davda]  

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 March 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)


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 )


















Adlabs Entertainment IPO Prospectus

Adlabs Entertainment IPO Rating

Rating:Rated 2.9 stars
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Adlabs Entertainment IPO Listing Details

Listing Date April 6, 2015
BSE Script Code 539056
ISIN INE172N01012
Final Issue Price ₹180 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Adlabs Entertainment Ltd Contact Details

Adlabs Entertainment Ltd
30/31, Sangdewadi, Khopoli Pali Road,
District Raigad 410 203, Maharashtra
Phone: +91 22 4068 0000

Adlabs Entertainment IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Adlabs Entertainment IPO - Buy or Not

Adlabs Entertainment IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 8 0 2
Members 0 0 0

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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 share. The minimum order quantity is 65 Shares.

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

Adlabs Entertainment IPO lot size is 65 Shares, and the minimum amount required is ₹13,975.

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, Nuvama, 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 April 6, 2015.
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Adlabs Entertainment IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



84. RAJESH SINGH |   Link |  Bookmark |May 21, 2015 4:56:04 PM
My choice is Adlabs.

83. VINOD JAIN NICKY |   Link |  Bookmark |May 18, 2015 4:01:11 PM
82. Vraj Shah |   Link |  Bookmark |April 6, 2015 7:19:42 PM
Rex issue declared
81. PavanM |   Link |  Bookmark |April 6, 2015 10:47:16 AM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Excellent at 199..enjoy
81.1. sushil |   Link |  Bookmark |April 6, 2015 11:47:11 AM
price 180.00 at 1145 am
80. PavanM |   Link |  Bookmark |April 6, 2015 10:23:00 AM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Sell (Ask) Quantity 6 times of Bid (Buy)quantity...will it come below 150 today?
79. ria shroff |   Link |  Bookmark |April 6, 2015 10:21:23 AM
where to find live price please help
79.1. sushil |   Link |  Bookmark |April 6, 2015 11:44:42 AM
see live price on business standard website
78. VALUE INVESTOR |   Link |  Bookmark |April 6, 2015 9:50:41 AM (900+ Posts, 600+ Likes)
Fell to 162, not sure what will happen at 10 AM
77. VALUE INVESTOR |   Link |  Bookmark |April 6, 2015 9:49:25 AM (900+ Posts, 600+ Likes)
Listed at issue price of 167.95 no premium :-(
76. IPO MK RAJKOT |   Link |  Bookmark |April 2, 2015 5:36:55 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 |   Link |  Bookmark |March 31, 2015 9:07:25 PM (400+ Posts)
Adlabs listing on 6th instead of tomorrow. Challo April Fool ke din list nahi horaha!
74. Maa Zaki |   Link |  Bookmark |March 30, 2015 7:08:33 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 |   Link |  Bookmark |March 30, 2015 7:32:08 PM (400+ 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 |   Link |  Bookmark |March 28, 2015 11:01:09 PM
Listing price could be 190
72. Nasirul Choudhury |   Link |  Bookmark |March 28, 2015 1:54:50 AM (400+ 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 |   Link |  Bookmark |March 27, 2015 10:35:25 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
if available below 90/ than good long term buy.
70. SONMAYA |   Link |  Bookmark |March 27, 2015 5:07:52 PM
IPO Mentor IPO Mentor (1300+ Posts, 400+ Likes)
thanks for good wishes
69. IPO MK RAJKOT |   Link |  Bookmark |March 27, 2015 4:34:23 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 |   Link |  Bookmark |March 27, 2015 4:34:04 PM
Adlab Allotment is declared. see the linkintime site..!!! may b monday listing
67. Nasirul Choudhury |   Link |  Bookmark |March 26, 2015 10:19:35 PM (400+ 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 |   Link |  Bookmark |March 25, 2015 9:33:16 PM (400+ 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 |   Link |  Bookmark |March 23, 2015 8:48:55 PM (400+ 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.