Open Date
25 Sep 2023
27 Sep 2023
2000 shares
₹21.23 Cr
Lot Size
IPO Size
Listing At
NSE SME
Listing Date
Price Range
₹56 to ₹59
Close Date
Allotment Date
03 Oct 2023
06 Oct 2023
Inspire Films Limited, a 2012 incorporation, works in the creation, production, distribution, and display of television and internet content. There are three business verticals for the company: Hindi GEC (General Entertainment Channels) on television includes programs like Star Plus, Star Bharat, Colors TV, Zee TV, Sony, Dangal, Shemaroo, and others. Content produced for OTT platforms like Netflix, Amazon, Sony Liv, MX Player, Disney+Hotstar, Voot, Zee5, etc. is included in the category of digital content and platforms (OTT). Content created for regional language channels, such as Telugu, Tamil, Malayalam, Bengali, Marathi, etc., falls under the category of regional content. Both of the aforementioned models function similarly in the regional space.
The company intends to utilize the net proceeds from the issue towards the funding of the following objects: To meet the Working Capital requirements of the Company. To meet the General Corporate Purposes. To meet the Issue Expenses.
The book-running lead managers to the offer are: Narnolia Financial Services Ltd
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