Public Issue of Shemaroo Entertainment Limited IPO opens on September 16, 2014

Shemaroo Entertainment Limited is coming up with its Initial Public Offer from September 16, 2014.

Total issue size 120.00Cr. Retail only 35% of the net issue.

Price Band: 155 – 170 (10% discount to retail investors)

IPO Issue Details:

  • Issue Opening: September 16, 2014
  • Issue Closing: September 18, 2014
  • Issue Size: 120 Crores
  • Price Band: 155 – 170 (10% discount to retail investors)
  • Bid lot: 85
About Company: Shemaroo is an established brand name and an established integrated media content house in India with activities across content acquisition, value addition to content and content distributionContent Library consists of more than 2,900 titles spanning new Hindi films like Queen, Bhaag Milkha Bhaag, Dedh Ishqiya, The Dirty Picture, Kahaani, OMG: Oh My God!, Black, Ishqiya, Ajab Prem Ki Ghazab Kahani, Omkara, Dil Toh Baccha Hai, Bheja Fry 2, amongst others, Hindi film classics and titles in various other regional languages like Marathi, Gujarati, Punjabi, Bengali among others as well as non-film content. Shemaroo is one of the largest independent content aggregators in Bollywood. However, it is difficult to predict how a film may perform at the box office, which is dependent on ever-changing consumer tastes and preferences.

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