Bodhi Tree Multimedia Ltd. is the latest entrant in the bustling Small and Medium-sized Enterprises (SME) IPO space. The company has received all the necessary approvals and filed all of the final paperwork with the SEBI for its upcoming IPO and is all set to open up to the public. Continue reading to get to know about the Bodhi Tree Multimedia IPO details.
About the company
Based in Mumbai, Bodhi Tree Multimedia Ltd. was incorporated quite recently, in 2013. Production of digital media content for various entities is the company’s primary business line. The company is engaged in producing content for films, televisions, and digital OTT platforms as well.
In addition to focusing on Hindi General Entertainment Channels (GEC), the company is also involved in the production of regional content in a host of different languages including Tamil, Bengali, Marathi, and Gujarati, among others. The clientele for Bodhi Tree Multimedia Ltd. is vast and diverse and includes big names in the entertainment industry such as Netflix, Amazon, Zee, Star TV, Viacom, Sun, and Disney.
With more than 30 successful shows and 1000+ hours of digital media content in its kitty, the company has grown quite strong in the entertainment space within just a short period of time. Over the last two financial years, the company’s revenue has grown tremendously and has been able to generate an average profit of around Rs. 363 lakhs.
Bodhi Tree Multimedia IPO details
Now that you’ve been introduced to this company, here are some of the important Bodhi Tree Multimedia IPO details such as the Bodhi Tree Multimedia IPO date and the Bodhi Tree Multimedia Ltd share price, among others.
Bodhi Tree Multimedia IPO date
This new IPO from Bodhi Tree Multimedia Ltd. would open up for subscription on October 09, 2020. Upon remaining open for 5 days, the issue would come to a close on October 13, 2020.
Bodhi Tree Multimedia IPO issue size
Around 3,90,000 equity shares of the company are all set to be issued to the public via this latest IPO from Bodhi Tree Multimedia Ltd. The total value of the issue size is estimated to be around Rs. 3.71 crores. The entire issue of this upcoming IPO would be a ‘fresh issue’ of shares with no Offer for Sale (OFS) component.
Bodhi Tree Multimedia IPO share price
The Bodhi Tree Multimedia Ltd share price has been set at Rs. 95 per equity share. Since the face value of the company’s shares are just Rs. 10 per share, Bodhi Tree Multimedia Ltd. would receive around Rs. 85 per equity share as premium.
Bodhi Tree Multimedia IPO listing
Considering the fact that the company is an SME, the Bodhi Tree Multimedia Ltd IPO is proposed to be listed on the National Stock Exchange (NSE)’s EMERGE Platform. The NSE has also accorded the company with the necessary in-principle approvals regarding the same.
Bodhi Tree Multimedia IPO objectives
The Bodhi Tree Multimedia Ltd IPO’s net proceeds are to be utilized by the company for the following objectives.
- For meeting the organization’s working capital requirements
- For general corporate purposes
- For meeting expenses related to this IPO issue
How to apply to Bodhi Tree Multimedia IPO
Although the exact details of the step-by-step process varies from one broker to another, applying for the Bodhi Tree Multimedia IPO is easy overall. Broadly speaking, here are the steps you’ll need to follow.
- Visit the website of your preferred stockbroker and log into your account.
- Go to your portfolio and click the link for IPOs.
- Look for the Bodhi Tree Multimedia IPO and click on the button to bid for the offer.
- Enter the relevant details like the quantity and the price.
- Submit your IPO application form.
Some brokers may require you to visit the app to approve the mandate after this. That completes the application process.
Before commencing online trading, always remember to open a Demat Account and Trading Account with a trusted and reliable financial partner.
If you already have an existing account, you can login to trade and invest in the IPO.
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