IPO Issue Details
Issue Price / Price Band₹40 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size10,98,000 shares (aggregating up to ₹4.39 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 09 Sep 2014
Subscription CloseMon, 15 Sep 2014
Anchor AllotmentMon, 08 Sep 2014
Basis of AllotmentSun, 21 Sep 2014
Initiation of RefundsMon, 22 Sep 2014
Credit of Shares to DematMon, 22 Sep 2014
Listing DateMon, 29 Sep 2014
UPI Mandate Deadline2014-09-15
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 3,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 6,000 shares
Net Offer to Public10,38,000 shares (aggregating up to ₹4.15 Cr)
Reserved for Market Maker60,000 shares (aggregating up to ₹0.2400 Cr)
Pre-IPO Promoter Holding27,98,496 shares
Post-IPO Promoter Holding38,96,496 shares
About Encash Entertainment Ltd.
Incorporated in 2008, Encash Entertainment is a division of Encash Group. It is engaged in the business of production of films, corporate films, feature films and planning to enter TV channels with serials. It is also in the business of fashion designing.It outsources the contents and other related services from related agencies based in Kolkata. It has purchased copy rights of “Ichhe”, a Bengali film released in 2011 and has produces and released Bengali film “Shada Kaalo Aabchaa” in 2013.
Objects of the Issue
Encash Entertainment Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To acquire and produce films including regional language films
2.65
2
2 Strengthening Distribution operations
0.85
Shareholding & Lock-in
Pre-IPO Promoter Holding
27,98,496 shares
Post-IPO Promoter Holding
38,96,496 shares