Sungold Media and Entertainment Limited IPO (Sungold Media Entertainment IPO) Detail
ABOUT THE COMPANY:
Sungold Media and Entertainment Limited was incorporated as “Shree Krishna Holiday Home and Farms Limited” in Ahmedabad, Gujarat in March 1995. Earlier, the company was engaged in the business of marketing, development and maintenance of Farm Houses, Holidays Resorts, and Housing Society etc. Pursuant to the change of name and object, it is engaged in the media and entertainment services.
The company provides several solutions for branding of clients business. It is engaged in Graphics Design, Web site design, Video Editing, Digital Marketing, Photography, Videography, Mobile App Development, Celebrity Management and distribution services. Sungold Media & Entertainment designs and develops optimal solutions that maximize its clients’ brand image, delivering value in terms of Quality and Cost.
Sungold Media & Entertainment’s ongoing projects include:
- News portal – www.liveupdates.co.in
- Entertainment portal – www.entertainment365.in
- Portal on current developments in the state of Gujarat – www.gujaratdevelopment.com
The company has presently 10 permanent employees on its payroll.
- Mr. Raj Rajiv Kotia (Designation: Managing Director)
- Mr. Keyur Sharadchandra Gandhi (Designation: Non-Executive Director)
- Mr. Harsh Bhupendrabhai Mehta (Designation: Independent Director)
|Sungold Media & Entertainment’s financial performance (in INR lakh)|
|Profit after tax||0.3||0.9||6.3||8.8||5.3||2.7|
Objects of the Issue:
The objects of the Offer are to-
1. Achieve the benefits of listing the Equity Shares on the SME Platform of BSE.
2. Enhance the company’s visibility, brand name and provide liquidity to the existing shareholders.
3. Provide a public market for the Equity Shares in India.
|Sungold Media & Entertainment IPO details|
|Subscription Dates||9 – 14 August 2018|
|IPO Price band||INR10 per share|
|Offer for sale||1,350,000 shares (INR1.35 crore)|
|Total IPO size||1,350,000 shares (INR1.35 crore)|
|Minimum bid (lot size)||10,000 shares|
|Face Value||INR10 per share|
|Listing On||BSE SME platform|
Sungold Media & Entertainment Valuation (For latest FY)
Earnings Per Share (EPS): INR0.12
Price/Earnings (P/E) ratio: 83.33
Return on Net Worth (RONW): 1.10%
Net Asset Value (NAV): INR11.29 per share
Company Contact Information
13, Radhakrushna Mandir Compound
Narmada- 393145, Gujarat
Phone: +91 9099018633
Sungold Media Entertainment IPO Registrar
B-302, Sony Apartment,
Off Andheri Kurla Road, Jarimari,
Sakinaka, Mumbai – 400 072Website: http://www.satellitecorporate.com
Phone: +91-22- 28520461/462
Fax: +91-22- 28511809
Sungold Media Entertainment IPO Lead Manager(s):
SEBI Registration Number: INM000012185
Finshore Management Services Limited
Anandlok, Block-A, 2 nd Floor, Room No. 207,
227 A.J.C. Bose Road,