IPO Issue Details
Issue Price / Price Band₹80 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size10,52,800 shares (aggregating up to ₹8.42 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 16 Jul 2018
Subscription CloseMon, 23 Jul 2018
Anchor AllotmentSun, 15 Jul 2018
Basis of AllotmentMon, 23 Jul 2018
Initiation of RefundsTue, 24 Jul 2018
Credit of Shares to DematWed, 25 Jul 2018
Listing DateTue, 31 Jul 2018
UPI Mandate Deadline2018-07-23
Application & Investment Details
Retail — Min (1 Lots)₹1,28,000 — 1,600 shares
Retail — Max (13 Lots)₹1,664,000 (13 Lots)
HNI — Min (2 Lots)₹2,56,000 — 3,200 shares
Net Offer to Public9,95,200 shares (aggregating up to ₹7.96 Cr)
Reserved for Market Maker57,600 shares (aggregating up to ₹0.4608 Cr)
Pre-IPO Promoter Holding19,54,884 shares
Post-IPO Promoter Holding30,07,684 shares
About Ganesh Films India Ltd.
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.
Objects of the Issue
Ganesh Films India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To finance setting up of Closed Die Forging manufacturing facility
4.60
2
2 General corporate purposes
0.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
19,54,884 shares
Post-IPO Promoter Holding
30,07,684 shares