The Inspire Films IPO commenced on September 25, 2023, and concluded on September 27, 2023. The allotment of shares took place on October 3, 2023, and the initiation of refunds began on October 4, 2023. The shares were credited to the demat accounts of investors on October 5, 2023. Finally, the listing of Inspire Films on the stock exchange occurred on October 6, 2023.
The Inspire Films IPO was priced at ₹56 to ₹59 per share, with a lot size of 2000 shares. The total issue size was ₹21.23 crores, comprising a fresh issue of ₹21.23 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Inspire Films Limited IPO Basic Details
|Company Name||Inspire Films Limited|
|Domain of Company||Creating, Producing, Distributing, and|
Showcasing Television and Digital Content
|Inspire Films IPO GMP Today||₹0.00|
|Inspire Films IPO Listing Gain||0.00%|
|Inspire Films IPO Open Date||September 25, 2023|
|Inspire Films IPO Close Date||September 27, 2023|
|Inspire Films IPO Allotment Date||October 3, 2023|
|Inspire Films IPO Listing Date||October 6, 2023|
|Face Value||₹10 per share|
|Price||₹56 to ₹59 per share|
|Lot Size||2000 Shares|
|Issue Size||3,598,000 shares of ₹10|
(aggregating up to ₹21.23 Cr)
|Fresh Issue||3,598,000 shares of ₹10|
(aggregating up to ₹21.23 Cr)
|Issue Type||Book Built Issue IPO|
|Listing At||NSE SME|
|Company Promoters||Yash Arabinda Patnaik and|
Beyond Dreams Entertainment
Inspire Films IPO GMP Today:
|Date||GMP||Listing Gain||Kostak||Subject to|
|24 September 2023||₹30||50.83%||–||–|
|23 September 2023||₹30||50.83%||–||–|
Inspire Films IPO Details:
Inspire Films Limited was founded in 2012 and is involved in the business of creating, producing, distributing, and showcasing television and digital content. The company operates in three main areas:
- Television (TV) – Hindi General Entertainment Channels (GEC): This involves producing content for popular TV channels like Star Plus, Star Bharat, Colors TV, Zee TV, Sony, Dangal, Shemaroo, and more. We work on a contractual basis, typically for one year or a specific number of episodes (ranging from 52 to 312 episodes, depending on the show’s schedule). Contracts are renewed yearly based on the show’s performance. Each episode includes commercial advertisements and lasts for 30 to 60 minutes.
- Digital Content and Streaming Platforms (OTT): We also create content for OTT platforms such as Netflix, Amazon, Sony Liv, MX Player, Disney+Hotstar, and Voot, among others. Contracts for OTT content usually consist of 8 to 10 episodes for 45 to 60 minutes each, or 25 to 60 episodes for 22 to 25-minute episodes. These contracts can be extended to multiple seasons based on the popularity of the show.
- Regional Content: We produce content for regional language channels, including Telugu, Tamil, Malayalam, Bengali, Marathi, and more. The same models mentioned above apply in the regional space.
In our journey, we’ve created over 10,000 episodes of popular content, including 35 original series, for leading Indian broadcasters and OTT platforms such as Star Plus, Colors, Sony Entertainment Television, Disney+Hotstar, MX Player, Sony LIV, Jio Cinema, Voot Select, Channel V, Cartoon Network, Star Gold, Pogo, Disney Channel, Star Pravah, Tarang TV, Sun TV, Surya TV, and many others.
Inspire Films IPO More Details Click Here
Inspire Films IPO FAQs
When is Inspire Films IPO open?
Inspire Films IPO will open on 25 September 2023.
When is Inspire Films IPO Close?
Inspire Films IPO will be closed on 27 September 2023.
What is Inspire Films IPO GMP Today?
The Inspire Films IPO GMP aka Grey Market Premium is ₹30.
What is Inspire Films IPO Kostak Rates Today?
The Inspire Films IPO Kostak Rate is ₹000.
What is Inspire Films IPO Subject to Sauda Price Today?
The Inspire Films IPO subject to sauda rates is ₹000.
Inspire Films IPO Expected Returns?
The Inspire Films expected return is 50.83%.
How much will be the listing gain in Inspire Films IPO?
Inspire Films IPO will get listing gain of 50.83%. (Approx.)