Inspire Films Limited IPO Details, Review, GMP, Dates: The book-built Inspire Films IPO is worth Rs 21.23 crores. The entire 35.98 lakh share offering is a new issuance. The pricing range for Inspire Films IPO is set at 56 to 59 cents per share. 2000 Shares are the bare minimum lot size for an application. Retail investors must make an initial investment of at least 118,000. HNI investors must invest a minimum of 2 lots (4,000 shares), or Rs. 236,000.
The subscription period for Inspire Films IPO begins on September 25, 2023, and ends on September 27, 2023. On Tuesday, October 3, 2023, the allotment for the Inspire Films IPO is anticipated to be completed. The proposed listing date for Inspire Films’ IPO on NSE SME is set for Friday, October 6, 2023.
The registrant for the Inspire Films Initial Public Offer is Maashitla Securities Private Limited, while the book-running lead manager is Narnolia Financial Services Ltd. Share India Securities is serving as the IPO market maker for Inspire Films.
Inspire Films Limited IPO Overview
| Inspire Films Company Overview | |
|---|---|
| Company Name | Inspire Films Limited |
| IPO Opening Date | 25 September, 2023 |
| IPO Closing Date | 27 September, 2023 |
| Face Value | 10₹ Per Share |
| Share Price Range | 56₹ To 59₹ |
| Lot Size | 2000 Shares |
| Issue Type | Book Built Issue IPO |
| Total IPO Issue Size | 33,598,000 Shares |
| Fresh Issue Size | 33,598,000 Shares |
| IPO Listing At | NSE SME |
| Share Holding Pre Issue | 10,011,299 |
| Share Holding Post Issue | 13,609,299 |
| More IPO’s In Detail | Check Here |
Inspire Films Limited IPO Lot Size
| Inspire Films IPO Lot Size | |
|---|---|
| Minimum Retail Applications | 1 Lot |
| Maximum Retail Applications | 1 Lot |
| Minimum HNI Applications | 2 Lots |
| Total Shares In Single Lot | 2000 Share |
| Amount For Single Lot | 118,000 Rupees |
Inspire Films Limited IPO Time Table (Tentative)
| Inspire Films Initial Public Offer Time Table Complete Details | |
|---|---|
| IPO Initiation Date | 25 September, 2023 |
| IPO Ending Date | 27 September, 2023 |
| Basis Of Allotment | 03 October, 2023 |
| Initiation Of Refund | 04 October, 2023 |
| Shares Credit To Demat Account | 05 October, 2023 |
| Date Of Listing | 06 October, 2023 |
| Cut Off Time For UPI Mandate Confirmation | 05:00 PM, 27 September, 2023 |
Inspire Films Limited IPO Reservation Details
| Inspire Films Initial Public Offer Reservation Overview | |
|---|---|
| Shares Offered To Retailers | Not Less Than 35% Of Total Net Offer |
| Shares Offered To HNI | Not Less Than 15% Total Net Offer |
| Shares Offered To QIB | Not More Than 50% Of Total Net Offer |
Inspire Films Limited Company Financials
| Inspire Films Company Financials Information | |
|---|---|
| This Data Is Of | 31 March, 2023 |
| Total Revenue | 4,884.82 Cr |
| Assets | 4,159.88 Cr |
| Profit After Tax | 404.82 Cr |
| Net Worth | 1,311.22 Cr |
| Reserves And Surplus | 1,310.16 Cr |
| Debt | 836.85 Cr |
Is Inspire Films Limited IPO Good Or Bad To Buy? (Review)
Based on standalone audited results for the corresponding year ended March 31, 2023, the peer group figures were calculated. The competitors are not strictly comparable because of the nature and turnover of the company’s operation. For wider comparison, the same has been added though. Based on the corrected financials for the fiscal year that concluded on March 31, 2023, Inspire Films Limited’s data were calculated.
What Is The Objective Of Inspire Films Limited IPO Issue?
The following items will be funded in part by the net proceeds from the issue, according to the company:
- To fulfill the company’s need for working capital.
- To fulfill the overall corporate objectives.
- To cover the issue’s costs.
How To Apply For Inspire Films Limited IPO?
You can apply for the Inspire Films Initial Public Offer online and pay with either UPI or ASBA. The ASBA IPO application is accessible through your bank account’s net banking. Brokers that don’t provide banking services offer UPI IPO applications. Learn more about how to apply for an IPO online through different brokers.