IPO Issue Details
Issue Price / Price Band₹10 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size13,50,000 shares (aggregating up to ₹1.35 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 09 Aug 2018
Subscription CloseTue, 14 Aug 2018
Anchor AllotmentWed, 08 Aug 2018
Basis of AllotmentMon, 20 Aug 2018
Initiation of RefundsTue, 21 Aug 2018
Credit of Shares to DematTue, 21 Aug 2018
Listing DateMon, 27 Aug 2018
UPI Mandate Deadline2018-08-14
Application & Investment Details
Retail — Min (1 Lots)₹1,00,000 — 10,000 shares
Retail — Max (13 Lots)₹1,300,000 (13 Lots)
HNI — Min (3 Lots)₹3,00,000 — 30,000 shares
Net Offer to Public12,80,000 shares (aggregating up to ₹1.28 Cr)
Reserved for Market Maker70,000 shares (aggregating up to ₹0.0700 Cr)
Pre-IPO Promoter Holding5,00,00,000 shares
Post-IPO Promoter Holding5,00,00,000 shares
About Sungold Media & Entertainment Ltd.
Incorporated in 1995, Gujarat based Sungold Media and Entertainment Limited is a company engaged in the business of branding. The company offers services like Digital Marketing, Mobile App Development, Graphics Design, Website Design, Photography, Videography, Video Editing, Celebrity Management and distribution services.Sungold designs and develops solutions to maximize brand image of its clients.Some of the Ongoing projects of the company are:1. News portal- www.liveupdates.co.in2. Entertainment portal- www.entertainment365.in3. Portal on the state of Gujarat-www.gujaratdevelopment.comThe company has presently 10 permanent employees on its payroll.
Objects of the Issue
(Standard — DRHP pending)
Sungold Media & Entertainment Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding of Capital Expenditure Requirements
2
Working Capital Requirements
3
General Corporate Purposes
Detailed fund allocation will be available once the company files DRHP with
SEBI.
Shareholding & Lock-in
Pre-IPO Promoter Holding
5,00,00,000 shares
Post-IPO Promoter Holding
5,00,00,000 shares