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Incorporated in 2018, Mumbai based Ganesh Films India Limited is a company engaged in the business of acquiring distribution rights of south Indian movies from production or co-production houses and thereafter distribute the same to the cinema halls spread across the Distribution Territory. Since incorporation, the Company has entered into agreements for the acquisition of distribution rights of many films ("Library"). The Company currently has a Library of over 696 south Indian films (including Tamil, Telugu, Malayalam and other regional language films) in which the Company has sole, irrevocable and non-exclusive distribution right (including linear & non-linear internet rights / IPTV rights / digital rights under copyright to license, sub-license, distribute, advertise, market and otherwise exploit any platforms or internet or digital based medium) to use the contents / titles for a perpetual term for all the territories in the world including India. It sources or acquires distribution rights of the film by entering into assignment / licensing arrangements with film producers. All such films sourced or acquired will be exploited and distributed by the company end-to-end through multiple formats of film distribution.
M/s. Ganesh Films, a proprietary concern was formed by Nambirajan Ganapathi Yadav ("Ganesh Films"), the Promoter of Ganesh Films India Limited ("the Company" or "GFIL") in the year 1985 with a view to increasing the popularity of south Indian language movies in northern and western regions of India commonly known in the film industry as the North Indian territory ("Distribution Territory"). The business includes theatrical distribution of south Indian films (including Tamil, Telugu, Kannada, Malayalam and other regional films) in the Distribution Territory through the media platforms like internet, mobile phone and other platforms ("Digital Platforms"). The Promoters have vast experience in the theatrical distribution of approx. 450 south Indian films (including Tamil, Telugu, Kannada, Malayalam and other regional films) in the Distribution Territory. Some of the popular blockbuster films distributed by Ganesh Films, the proprietary concern of the Promoter, (before its acquisition by Ganesh Films India Limited) includes Sivaji, Dasavathaaram, Endhiran, Thevar Magan, Captain Prabhakaran, Thaana Serndha Kootam, Roja, Oomai Vizhigal etc.
In the year 1991, Ganesh Films initiated for the first time simultaneous release of Tamil movies in the Distribution Territory and in the south Indian territory with the famous Tamil language crime drama film 'Thalapathi' starring Rajnikanth, Mammootty, Amrish Puri and other famous film stars directed by Mani Ratnam.
The company has 5 permanent employees on its payroll.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 20-May-18 | ||||||
| Total Assets | 321.15 | |||||
| Total Revenue | 9.18 | |||||
| Profit After Tax | 0.54 | |||||
The Objects Of The Issue are-
1. Acquiring distribution rights of south Indian films (including Tamil, Telugu, Malayalam and other regional language films) for the territories of India- Rs. 595.00 lakhs
2. General corporate purposes- Rs. 193.74 lakhs
| Ganesh Films IPO Date | Jul 16, 2018 to Jul 23, 2018 |
| Ganesh Films IPO Face Value | ₹10 per share |
| Ganesh Films IPO Price | ₹80 per share |
| Ganesh Films IPO Lot Size | 1600 Shares |
| Issue Size | 1,052,800 shares of ₹10 (aggregating up to ₹8.42 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | The Promoters of the Company are Nambirajan Ganapathi Yadav and Natrajan Ganapathy. The Promoters holds 17,04,610 Equity Shares, representing 87.20% of the subscribed and paid-up Equity Share capital of the Company. |
Ganesh Films IPO opens on Jul 16, 2018, and closes on Jul 23, 2018. The Ganesh Films IPO bid date is from Jul 16, 2018 10.00 A.M. to Jul 23, 2018 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Date |
|---|---|
| Ganesh Films IPO Opening Date | Jul 16, 2018 |
| Ganesh Films IPO Closing Date | Jul 23, 2018 |
| Basis of Allotment | Jul 23, 2018 |
| Initiation of Refunds | Jul 24, 2018 |
| Credit of Shares to Demat | Jul 25, 2018 |
| Ganesh Films IPO Listing Date | Jul 26, 2018 |
The Ganesh Films IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹128,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹128,000 |
| Retail (Max) | 1 | 1600 | ₹128,000 |
The Company has no financial track record and the pricing is exorbitant. There is no harm in giving this issue a miss.
Read detail review...The Ganesh Films IPO is subscribed 1.10 times on Jul 23, 2018 11:59:06 PM. The public issue subscribed 1.13 times in the retail category, times in the QIB category, and 1.06 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 1.06 |
| Retail | 1.13 |
| Total | 1.10 |
| Listing Date | Tuesday, July 31, 2018 |
| BSE Script Code | 541703 |
| NSE Symbol | |
| Listing In | |
| ISIN | INE00WY01013 |
| IPO Price | ₹80 per share |
| Face Value | ₹10 per share |
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Ganesh Films India Limited
#503, 5th Floor, Plot 461D,
A Wing, Parshvanath Gardens, Bhaudaji Road
d, Kings Circle, Matunga, Mumbai-400019
Phone: +91 810 444 9343
Email: info@ganeshfilms.com
Website: http://www.ganeshfilms.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Ganesh Films IPO is a SME IPO of 1,052,800 equity shares of the face value of ₹10 aggregating up to ₹8.42 Crores. The issue is priced at ₹80 per share. The minimum order quantity is 1600 Shares.
The IPO opens on Jul 16, 2018, and closes on Jul 23, 2018.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Ganesh Films IPO opens on Jul 16, 2018 and closes on Jul 23, 2018.
Ganesh Films IPO lot size is 1600 Shares and the minimum order quantity is .
You can apply in Ganesh Films 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 Ganesh Films IPO will be done on Jul 23, 2018, and the allotted shares will be credited to your demat account by Jul 25, 2018. Check the Ganesh Films IPO allotment status.
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