Open Date

25 Sep 2023

27 Sep 2023

2000 shares

₹21.23 Cr

Lot Size

IPO Size

Listing At

NSE SME

Listing  Date

Price Range

₹56 to ₹59

Close Date

Allotment Date

03 Oct 2023

06 Oct 2023

IPO Details

Inspire Films Limited, a 2012 incorporation, works in the creation, production, distribution, and display of television and internet content. There are three business verticals for the company: Hindi GEC (General Entertainment Channels) on television includes programs like Star Plus, Star Bharat, Colors TV, Zee TV, Sony, Dangal, Shemaroo, and others. Content produced for OTT platforms like Netflix, Amazon, Sony Liv, MX Player, Disney+Hotstar, Voot, Zee5, etc. is included in the category of digital content and platforms (OTT). Content created for regional language channels, such as Telugu, Tamil, Malayalam, Bengali, Marathi, etc., falls under the category of regional content. Both of the aforementioned models function similarly in the regional space.

About the Company

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: To meet the Working Capital requirements of the Company. To meet the General Corporate Purposes. To meet the Issue Expenses.

Objective

The book-running lead managers to the offer are: Narnolia Financial Services Ltd

Book Runners

Disclaimer Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.