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Encash Entertainment Ltd IPO (Encash Entertainment IPO) Detail

September 9, 2014 - September 15, 2014

Encash Entertainment IPO is a fixed price issue of Rs 4.39 crores.

Encash Entertainment IPO bidding started from September 9, 2014 and ended on September 15, 2014. The shares got listed on BSE SME on September 29, 2014.

Encash Entertainment IPO price is ₹40 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Oneview Corporate Advisors Pvt. Ltd. is the book running lead manager of the Encash Entertainment IPO, while Cb Management Services (P) Limited is the registrar for the issue.

Refer to Encash Entertainment IPO RHP for detailed information.

Encash Entertainment IPO Details

IPO Date September 9, 2014 to September 15, 2014
Listing Date September 29, 2014
Face Value ₹10 per share
Price ₹40 per share
Lot Size 3000 Shares
Total Issue Size1,098,000 shares
(aggregating up to ₹4.39 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue2,798,496
Share holding post issue3,896,496
Market Maker portion60,000 shares

Encash Entertainment IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 3000 ₹120,000
Retail (Max) 1 3000 ₹120,000
Lot Size Calculator

Encash Entertainment IPO Promoter Holding

The promoters of the company are:

1. Mr Sachet Saraf;
2. Mr Achet Saraf;
3. Ms. Rashmi Saraf; &
4. M/S. Encash Securities Limited.

Share Holding Pre Issue 45.33%
Share Holding Post Issue 32.55%

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.

Key Performance Indicator

Objects of the Issue (Encash Entertainment IPO Objectives)

The object of the issue are to:

1. To acquiring and producing Indian films including regional languages films;
2. Brand building;
3. Strengthening distribution network;
4. To meet the expenses of the issue.

Encash Entertainment IPO Review (Avoid)

[Dilip Davda]  

 Avoid.

(Disclaimer: Author has no plans to invest in this IPO)

Read detail review...

Encash Entertainment IPO Prospectus

Encash Entertainment IPO Rating

22
3.4
Rating:Rated 3.4 stars
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Encash Entertainment IPO Listing Details

Listing Date September 29, 2014
BSE Script Code 538684
NSE Symbol
ISIN INE552Q01018
Final Issue Price ₹40 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹40.00
₹44.00
₹44.00
₹46.20
₹46.20

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Encash Entertainment Ltd Contact Details

Encash Entertainment Ltd
9, Lal Bazar Street,
3rd Floor, Mercantile Building,
Kolkata-700001
Phone: 91-33- 40053913
Email: office.rmpl@gmail.com
Website: http://www.encashentertainment.com

Encash Entertainment IPO Registrar

Cb Management Services (P) Limited

Phone: +91 33 4011 6722/6726
Email: rta@cbmsl.com
Website: http://www.cbmsl.com

Encash Entertainment IPO - Buy or Not

Encash Entertainment IPO Recommendation Summary

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Members 0 0 0

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Encash Entertainment IPO FAQs

Encash Entertainment IPO is a SME IPO of 1,098,000 equity shares of the face value of ₹10 aggregating up to ₹4.39 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000 Shares.

The IPO opens on September 9, 2014, and closes on September 15, 2014.

Cb Management Services (P) Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Encash Entertainment IPO opens on September 9, 2014 and closes on September 15, 2014.

Encash Entertainment IPO lot size is 3000 Shares, and the minimum amount required is ₹120,000.

You can apply in Encash Entertainment IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Encash Entertainment IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Encash Entertainment IPO allotment status.

The Encash Entertainment IPO listing date is on September 29, 2014.
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Encash Entertainment IPO Message Board

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5 Comments

3. DURAISWAMY |   Link |  Bookmark |September 14, 2014 8:34:36 AM
FOR FIXED PRICED IPO ? HOW TO KNOW THE SUBSCRIPTION STATUS?
WHY THE SUBSCRIPTION DETAILS ARE NOT DISCLOSED?


3.1. Devendra Singh |   Link |  Bookmark |September 27, 2014 5:24:22 PM
what is the meaning of FIXED Price IPO.
2. aman saikh |   Link |  Bookmark |September 11, 2014 6:20:29 PM
latest primium batao plsssssssssss
1. Girish N |   Link |  Bookmark |September 11, 2014 6:19:07 PM
Just one question that I have: Knowing that an issue will be oversubscribed and you are going to get minimum allotment, is it ok to apply in minimum lot category always?? I saw that all categories get allotment in same ratio.
1.1. CLD |   Link |  Bookmark |September 11, 2014 10:29:17 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Read my advice below which was posted some days back

If the retail subscription is more than total share allocation, then each eligible applicant is going to get maximum one lot. However it is seen that some retail investors still subscribe for a large number of shares hoping that by doing so they may get preference. Some even subscribe for maximum limits. It is clear that such people either do not know the new rules or are just hoping against no hopes. Besides they are losing interest on such amounts.

Advice: Please do not apply for more than one lot if you find good subscription response. You are not going to get more than one lot in any case irrespective of your subscription.

Caution: In an issue if you find less subscription, do not get tempted to apply for more share lots. You may get full allotments even for Rs. 2 lakh subscription but then you know the fate of such company shares on listing & there after. Such shares are normally not worth the price these have been floated & trade in loss to IPO price.

Inference: Apply one or two lots only in any IPO. However you can take bigger bets on good FPO