Inspire Films Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,706,000 (47%) | — | ₹1,007 Cr |
| NII (HNI) | — | 514,000 (14%) | — | ₹303 Cr |
| Retail | — | 1,198,000 (33%) | — | ₹707 Cr |
| Market Maker | — | 180,000 (5%) | — | ₹11 Cr |
| Σ Total | — | 3,598,000 (100%) | — | ₹21,228 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹118,000 |
| Retail (Max) | 13 | 26,000 | ₹1,534,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,652,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,906,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Revenue | 4,885 | 3,815 | 1,942 |
| Profit After Tax | 405 | 26 | -83 |
| Net Worth | 1,311 | 806 | 780 |
| Total Assets | 4,160 | 3,054 | 2,850 |
| Reserves & Surplus | 1,310 | 805 | 779 |
| Total Borrowing | 837 | 360 | 1,026 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To meet the Working Capital requirements of the Company. – 12.98
- To meet out the General Corporate Purposes; and – 5.06
Company Overview
Incorporated in 2012, Inspire Films Limited is engaged in the business of creation, production, distribution, and exhibition of television and digital content.
the company has three business verticals:
- TV - Hindi GEC (General Entertainment Channels): This includes content creation for linear broadcast channels such as Star Plus, Star Bharat, Colors TV, Zee TV, Sony, Dangal, Shemaroo, etc. This is done through a contract basis which typically lasts for 1 year / 260 episodes (5 days a week)/ 312 episodes (6 days a week) or 1 year / 52-156 episodes (1-3 days a week) which then get renewed on yearly basis, based on the show performance. Each episode (including commercial advertisement) is a 30-60-minute slot.
- Digital content and platform (OTT): This includes content created for OTT platforms such as Netflix, Amazon, Sony Liv, MX Player, Disney+Hotstar, Voot, Zee5, etc. The contracts for OTT are typically 8 to 10 episodes for 45-60-minute episodes and 25 to 60 episodes for 22-25-minute episodes, which then gets extended to multiple seasons based on the popularity of the season.
- Regional content: This includes content produced for regional language channels such as Telugu, Tamil, Malayalam, Bengali, Marathi, etc. Both the models above apply in a similar manner in the regional space.
The company has produced over 10,000 episodes of popular content (35 originals) for leading Indian broadcasters and OTT platforms like Star Plus, Colors, Sony Entertainment Television, Disney+Hotstar, MX Player, Sony LIV, Jio Cinema, Voot Select, Channel V, Cartoon Network, Star Gold, Pogo, Disney Channel, Star Pravah, Tarang TV, Sun TV, Surya TV and others.