Spicy Entertainment & Media SME IPO -Price, Date, Allotment, Listing

Spice Entertainment IPO is already in capital markets with its IPO till Sep 07, 2016. It is a fixed Price Issue with face value and Issue price at Rs.10 per equity shares. The company is offering ~48 lac shares grossing to an issue size of 4.82 crores. The share will be listed at BSE SME exchange.

Company profile:

Spicy Entertainment & Media limited was incorporated as on November 7, 2014 based in Kolkata, West Bengal.  It works in the field of media, entertainment and event management along with distribution of films. In event management segment, the company facilitates  to the leading insurance companies as a program to enhance the awareness of its customers, brand promotional activities, sign board management, marketing campaigns. It fulfills the requirements of corporate as well as private event management along with media production. The company provides more services via digital channel and social media platforms.

The company provides various program as below :

  1. Fashion Shows
  2. Game Shows Stage Shows,
  3. Concerts and Live Events
  4. Birthday Party Organizers
  5. Spicy Entertainment & Media Limited 106
  6. Celebrity/Artist Management Conference/Seminar Organisers
  7. Corporate Event Organizers Brand Launch / Promotion activities
  8. Party/ Wedding Organizers
  9. Decorations, Mascots, Magic Shows etc.

Positive Outlook Of The Firm:-

1)  Well experienced and strong management team

2) Maintain consistency in talent to access skillful content within industry.

3) Run a smooth operations with good track record.

4) Financial strength.

IPO details:

The company has filed its draft prospectus to be listed on the BSE, SME platform with markets regulator Securities and Exchange Board of India (SEBI). The company has received an approval letter from BSE for using its name in this offer document for listing its shares on the SME Platform of BSE.

Purpose of the issue:-

  1. To develop and introduce a recording studio in Kolkata and infrastructure development;
    2. To produce regional feature film;
    3. General Corporate Purposes; and
    4. To meet the expenses of the Issue.

Summary Of Issue:

Issue Open:- Sep 1, 2016 – Sep 7, 2016
Issue Type Fixed Price issue IPO
Issue Size (Shares) 4,820,000 Equity Shares
Issue Size in (Value) Rs 10 aggregating up to Rs 4.82 Cr
Face Value Rs. 10 Per Equity Share
Issue Price Rs. 10 Per Equity Share
Market lots 10000 Shares
Minimum Order Quantity 10000 Shares
Listing At BSE SME

Promoters Of the Company:-

  1. Mr. Anindya Bikas Datta :- He is the promoter and director of the Company. He is 43 years old. He has experience of more than 16 years in media entertainment industry.
  2. Corporate Promoters: M/s Pink Lady Merchandise Private Limited


Particulars For the year/Period ended (Rs. in Millions)
Financial Year 31-Mar-15 31-Mar-14 31-Mar-13
Total Equity & Liabilities 1195.42 162.53 27.24
Total Assets 1195.42 162.53 27.24
Total Revenue 16.67 16.11 2.20
Total Expenses 13.61 12.52 1.45
Profit After Tax (PAT) 2.11 2.41 0.44

Lead Manager Details:-

First Overseas Capital Limited 1-2  Bhupen Chambers, Ground Floor, Dalal Street, Mumbai-400-001

Tel No. +91 22 4050 9999 Fax No. +91 22 4050 9900

Email id: rushabh@focl.in

Investor Grievance Email: investorcomplaints@focl.in

Website: www.focl.in SEBI Registration No: INM000003671

Contact person: Mr. Rushabh Shorff

Registrar Of The Issue:-

Maheshwari datamatics Private limited, 6, Mangoe Lane, 2nd Floor,  Kolkata-700-001

Tel No. +91 33 2243 5029 /2248 2248  Fax No. +91 33 2248 4787

Email id: mdpldc@yahoo.com

Website: www.mdpl.in

SEBI Registration No: INR000000353

Contact person: Mr. S Rajagopal

Registered Office:

4, Fairlie Place, HMP House, 4th Floor, Room No – 408, Kolkata – 700 001,

West Bengal Tel: +91-33-40088181 / +91 8820500005 / +91 8820400004

Email: info@spicyy.in; Website: www.spicyy.in

Company Secretary & Compliance Offi cer: Ms. Neha Barnwal

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