Inspire Films is set to launch an IPO which will open on September 25, 2023, and close on September 27, 2023. Through this public offer company wants to raise Rs. 21.23 Crore from the primary market, Company fixed the IPO price of Rs. 59 with a minimum lot of 2000 shares, and list on October 06, according to the preliminary papers filed to the capital market regulator SEBI.

INSPIRE FILMS is based on a B2B business model (OTT, TV, etc.) and engaged in the business of creation, production, distribution and exhibition of television, digital content, content writing, production and sale, purchase of films rights ,etc. also includes financing the projects, hiring actors, and crew members, creating sets, managing the budget, production and post production etc.   

In the fiscal year 2023, the company generated Rs. 4,884.02 Lakhs in revenue from operations, and Rs. 3815.28 Lakhs in the year 2022.

Check out the IPO allotment status on IPO Deliver.

#Inspire Films IPO Object

The company proposed to use the IPO Funds for the below-mentioned purposes:

1. INR 1.29 crore of the total net proceeds fund will be used for working capital requirement of the company
2. The rest funds will be used for general corporate purposes and offer expenses.

#Inspire Films Strength

1. Experienced management team
2. Strong position in the market
3. Strong long standing relationship with broadcasters and channel
4. Good track record of profitability and growth

#Inspire Films Forward Statements (Risk)

   Dependency on limited number of customers

#Inspire Films IPO Review & Rating

Issue Size	21.23 crore (Book built issue)
Issue Price	Rs. 59 per share
Lot size	2000 shares
Market Capitalization	80.29 crore
Profit – 2023	4.05 crore
Total Assets – 2023	41.60 crore
Debt/Equity ratio	0.64
NAV Value	Rs. 12,714 per share
Pre-offer Promoter holding	9.98%
Listing on Stock Exchanges	NSE Emerge
IPO Deliver Rating	Five

  

#Inspire Films IPO Dates, Price Band, Lot Size & Details

Inspire Films IPO is open on September 25, 2023, and closes on September 27, 2023. The IPO list on October 06, 2023.

Type of issue	Fresh issue
Issue Size	Rs.21.23 Crore
Price band	Rs. 56-59 per share
Lot size	2000 equity shares
Face Value	Rs. 10 each equity share
IPO Open	September 25, 2023
IPO Close	September 27, 2023
IPO Allotment Date	September 03, 2023
Refund Date	September 04, 2023
Listing Date	October 06, 2023
Fresh Issue	Rs. 21.23 Crore (35,98,000 equity share)

 

#Inspire Films Financials Review (Lakhs)

The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022 & 2021.

Category	March 31, 2023	March 31, 2022	March 31, 2021
Total Revenue	4,884.02	3,815.28	1,942.47
Net worth	1311.16	806.29	780.37
Profit after Tax (PAT)	404.82	25.95	(83)
Total Borrowings	826.85	359.95	925.55

 

#Inspire Films IPO Quantitative Factors

The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022 & 2021.

Category	March 31, 2023	March 31, 2022	March 31, 2021
Basic EPS	3,925	259	(830)
Diluted EPS	3,925	259	(830)
RoNW	30.88	3.22	(-10.64)
NAV	12,714	8,063	7,804

 

#Inspire Films IPO Industry peers

Company	EPS	P/E Ratio	RoNW	NAV
Balaji Telefilms	3.85	13.10	3.45	111.56
V R Film Studio	5.99	10.24	6.75	88.81
Bodhi Tree Multimedia	2.67	51.31	13.09	19.91

 

# Inspire Films Company Promoter

The company has two Promoters

• Yash Arbinda Patnaik
• M/s. Beyond Dreams Entertainment Pvt. Ltd.

 

• Pre-offer shareholding: 96.96 % (94,06,236 equity shares)
• The average cost of acquisition for promoter: N/A.

# Inspire Films IPO Pre-offer and Post-Offer Promoters shareholding

Pre-offer promoter & promoter group shareholding 93.98%

Post-offer promoter & promoter group shareholding 69.17%

# Inspire Films IPO Reservation

Market Makers reservation 1,80,000 equity shares.

Retail investor (QIB): Not more than 50% of the offer size i.e. 17,06,000 equity shares.

NII: Not more than 15% of the offer size i.e. 5,14,000 equity shares

RII: Not less than 35% of the offer size i.e 11,98,000 equity shares

# Inspire Films IPO – DRHP & RHP

Draft Red Herring Prospectus (DRHP) – Click to view/download

Red Herring Prospectus (RHP) – Click to view/download

# Inspire Films IPO Registrar

MaaShitla Securities Private Limited

Tel: +91 45121795 and Email: ipo@maashitla.com

Website: www.maashitla.com

# Inspire Films IPO lead manager

Narnolla Financial Services Limited

Tel No.: +91 8130678743 and Email: pankaj.passi@narnolla.com

Website: www.narnolla.com

#Inspire Films IPO Application

Option-1 Apply for IPO through Internet Banking

• Log into your bank account.
• In the invest Tab, you will see ASBA, click on it.
• Choose to apply for IPO and select the ongoing IPO “Inspire Films Limited”
• Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
• After the above steps the respective amount will get blocked till the allotment date and after it will get a refund/debited in case of rejection/allotment respectively.

Option-2 Apply for IPO through a Broker

• Log into your broker account (Upstox/Zerodha etc.)
• Click on the IPO tab and select the ongoing IPO “Inspire Films Limited”
• Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
• Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your account or get refunded in case no allotment is made to you.

Option-3 Apply for IPO Offline Mode Bank mode

• Visit the nearest branch of your bank
• Fill out the ASBA form and submit it with KYC details
• Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your bank account or refunded in case no allotment is made to you.

Option – 4 Apply for IPO through Stock Exchanges

NSE Form – Click to download

BSE Form – Click to download

Submit the form with your bank/broker.

# Inspire Films Company Details

Inspire Films Limited (Established 2012)

Regd. Off: 111, 1^st Floor, Shri Kamdhenu Estate, Chinocholi off link Road, Bhd Tangent Showroom, Charkop, Malad Mumbai-400064

Tel: +91 46 095 834 & Email: compliance@inspirefilms.in

Website: www.inspirefilims.in

Investor Grievances/Compliance Officer: Ms. Dhrishi Dawara

 Subsidiary Companies:  No

# Inspire Films Company Board (Top 2)

Mr. Yash Arbinda Patnaik, Managing Director

Mrs. Mamta Yash Patnaik. Director

# Inspire Films IPO – Frequently Asked Questions (FAQ’s)

Q-1 what is Inspire Films IPO Open date?

Ans: Inspire Films IPO opening date is September 25 – September 27, 2023.

Q-2 what is Inspire Films IPO Close date?

Ans: Inspire Films IPO closing date is September 27, 2023

Q-3 What is Inspire Films IPO Listing date?

Ans: Inspire Films IPO listing date is October 06, 2023

Q-4 What is Inspire Films IPO Minimum investment amount?

Ans: Inspire Films IPO minimum investment amount is Rs. 1,18,000.

Q-5 What is Inspire Films IPO offer issue Size?

Ans: Inspire Films offer an issue size of Rs. 21.23 crores, which comprise fresh issue.

Q-6 What is Inspire Films IPO Price Band?

Ans: Inspire Films IPO price band is Rs 53-59 per share.

Q-7 Is any similar segment/sector listed company in India?

Ans: Yes

Q-8 Is Inspire Films IPO mainboard IPO or SME IPO?

Ans: Inspire Films IPO is the SME IPO.

Q-9 Inspire Films IPO Rating by IPO Deliver Team?

Ans: Five Rating