IPO Issue Details
Issue Price / Price Band₹120 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size12,60,000 shares (aggregating up to ₹15.12 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 05 Jan 2018
Subscription CloseWed, 10 Jan 2018
Anchor AllotmentThu, 04 Jan 2018
Basis of AllotmentTue, 16 Jan 2018
Initiation of RefundsWed, 17 Jan 2018
Credit of Shares to DematWed, 17 Jan 2018
Listing DateWed, 17 Jan 2018
UPI Mandate Deadline2018-01-10
Application & Investment Details
Retail — Min (1 Lots)₹1,44,000 — 1,200 shares
Retail — Max (13 Lots)₹1,872,000 (13 Lots)
HNI — Min (2 Lots)₹2,88,000 — 2,400 shares
Net Offer to Public11,88,000 shares (aggregating up to ₹14.26 Cr)
Reserved for Market Maker72,000 shares (aggregating up to ₹0.8640 Cr)
Pre-IPO Promoter Holding36,71,500 shares
Post-IPO Promoter Holding46,41,500 shares
Fresh Issue Shares8,98,000 shares (aggregating up to ₹10.78 Cr)
Offer for Sale Shares2,90,000 shares of ₹10 (aggregating up to ₹3.48 Cr)
About Silly Monks Entertainment Ltd.
Incorporated in 2013, Silly Monks Entertainment Ltd is Hyderabad based Entertainment & Media Company with main focus in Digital Media Publishing. Company publishes the digital content on various platforms such as YouTube, Facebook, Amazon, Vuclip etc.The contents that are being published are either created by the company or acquired through outright purchase or through syndicated method. In case of content which is bought by the company, company own the copy rights of the content through an agreement with assignor and hence the publishing revenue is fully accrued to us. When the content is through syndication, company share the revenue with the content partner.The company is also engaged in movie/content production, celebrity’s social media management, App development, Audio content Distribution, Google Ad word and online / digital Advertising, event management, and live band performances.Silly Monks Entertainment is growing its focus in movie production; wherein company has co-produced Telugu Movies named Oohalu Gusagusalade, Dikkulu Choodaku Ramayya & Tungabhadra with Vaaraahi Chalana Chitram. Company is also planning to venture into the Hindi Film industry through a co-produced venture 'The Great Indian Escape' with KIK Butt Entertainment.
Objects of the Issue
Silly Monks Entertainment Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Expanding the Content Portfolio
8.31
2
2 Setting up Six Offices in Mumbai, Chennai, Bangalore, Delhi, Cochin & Hyderabad for PAN India presence
2.46
3
3 General Corporate Purposes
0.42
Shareholding & Lock-in
Pre-IPO Promoter Holding
36,71,500 shares
Post-IPO Promoter Holding
46,41,500 shares