V R Films & Studios Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 176,000 (47%) | — | ₹107 Cr |
| Retail | — | 176,000 (47%) | — | ₹107 Cr |
| Market Maker | — | 20,000 (5%) | — | ₹1 Cr |
| Σ Total | — | 372,000 (100%) | — | ₹2,269 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 | ₹122,000 |
| Retail (Max) | 13 | 26,000 | ₹1,586,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,708,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,174,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Oct-18 | 31-Mar-18 | 31-Mar-17 |
|---|---|---|---|
| Revenue | 362 | 1,278 | 606 |
| Profit After Tax | 34 | 98 | 27 |
| Total Assets | 653 | 615 | 513 |
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
- 1 To meet working capital requirement – 1.37
- 2 General Corporate Purposes – 0.50
- 3 To meet Issue Expenses – 0.40
Company Overview
Incorporated in 2007, Mumbai based V R Films & Studios Limited is engaged in offering a complete range of localization services for digital, film and TV industry. Ranging from content editing, subtitling, dubbing, content localization and mixing, the company provides assistance work for TV programmes, games, documentaries, movies, and audiobooks, in international and Indian regional languages.
The company also does dubbing (post-production process) work for Chinese and Hollywood films to change in Indian regional languages and then provide it to sub-distributors through sub-licence in licensed areas and the licensed languages. The films of the company are sublicensed to Zee TV, Sony TV, etc.
The company has a registered office in Mumbai and 3 dubbing studios.
The future goals of the company are:
1. Expand client base
2. Increase Process Services
3. Maintain a strong relationship with existing clients
Some of the famous clients of the company are:
1. Viacom 18 Media Private Limited,
2. Sony Pictures Networks India Private Limited,
3. Zee Entertainment Enterprises Limited,
4. Discovery Communications India,
5. Paramount Pictures Corporation,
6. Paramount Pictures International Limited
The key strengths of the company are as follow:
1. Advance equipment set up
2. Technically Sound Operation
3. A large number of clients
4. A wide range of services offered