Net Pix Shorts IPO is the next SME IPO in this season. The company aims for an issue size of ₹2.70Cr through this SME Fixed price IPO.
Net Pix Shorts Digital Media Ltd
Net Pix Shorts Digital Media Limited is a Mumbai-based technology entertainment company Incorporated in 2019. The company prepares online short film content and publish it on the digital media channels and OTT platforms. It started content distribution through its channel “Net Pix Shorts” on the ‘YouTube’ portal. As of Sept 05, 2020, it has released 12 videos constituting 154.94 minutes of content and also has 8 short films. The company has 246,000 subscribers to its YouTube channel.
Net Pix Shorts Digital Media also uploads its videos on other digital platforms like Hungama Play, Sony Liv, Mx Player, Shorts TV, and Hotstar. Recently, it has released its own music channel, “Net Pix Raw Music”. In this, the company has uploaded 4 music videos aggregating to 15.70 minutes of content.
Also read: The IPO list
Objective of the Issue
- To acquire workshops, godowns, and writer’s lounge on a long-term lease basis.
- For further augment company’s digital media content library.
- To meet general corporate purposes.
Basic details about the company
| Full name | Net Pix Shorts Digital Media Ltd |
| Sector | Media & Entertainment |
| Industy | Film production, Distribution & Entertainment |
| Company Website | www.netpixshorts.com |
Competitive strengths
- Diverse content library.
- Qualified management.
- Global presence.
IPO details
| Issue type | Fixed-PriceIPO |
| IPO issue size | ₹2.70 crores |
| IPO Open date | 18 November 2020 |
| IPO Close date | 23 November 2020 |
| Number of shares offered to the public | 900,000 shares |
| Face value | ₹10 per equity share |
| Offer price | ₹30 per equity share |
| Retail portion | 50% |
| Lot size | 4000 Nos |
| Minimum application | 1 lot – 4000 shares |
| Minimum application amount | ₹120,000 |
| Listing Exchange | BSE (BSE Emerge SME platform) |
Financials
| Particulars | For the year/period ended (₹ in lakh) |
|---|---|
| 31-Mar-20 | |
| Total Assets | 524.88 |
| Total Revenue | 18.37 |
| Profit After Tax | 2.28 |
Company Promoters
- Danish Zakaria Aghadi.
| Pre Issue promote Share Holding | 100% |
| Post Issue promoter Share Holding | 71.87% |
Lead managers
Aryaman Financial Services Ltd
Registrar of Net Pix Shorts IPO
Cameo Corporate Services Ltd.
Subramanian Building # 1, Club House Road,
Chennai 600 002 – India
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://online.cameoindia.com/
Company contact details
Net Pix Shorts Digital Media Limited.
1402, Z A Towers, Zohra Aghadi, Yari Road
Versova, Andheri West
Mumbai – 400 061
Phone: 91 8828231678
Email: info@netpixshorts.com
Website: http://www.netpixshorts.com/
Final thoughts
Net Pix Shorts IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post gave you enough details to make a fundamental study of the company. learn well and make a wise decision.
happy investing
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