Bluegod Entertainment Rights Issue dates 23 May – 9 June 2025.
Bluegod Entertainment, formerly known as Indra Industries, is an Indian company that has recently transitioned from manufacturing fertilizers and polymers to entering the films and entertainment industry. Established in 1984 and headquartered in Indore, Madhya Pradesh, the company was historically known for producing Single Super Phosphate (SSP) fertilizers and polymer-based packaging products like HDPE/PP woven sacks and BOPP bags. In 2024, the company rebranded itself as Bluegod Entertainment to reflect its new focus on the entertainment sector.
Bluegod Entertainment’s strategic shift into the entertainment industry marks a significant change in its business direction. However, the company has yet to provide detailed information about its new operations in the entertainment sector.
Promoters of Bluegod Entertainment – Does Not have an Identifiable Promoter
Table of Contents
Bluegod Entertainment Rights Issue Details
| Bluegod Entertainment Rights Issue Date | 23 May – 9 June 2025 |
| Bluegod Entertainment Rights Issue Price | INR 10 per share |
| Issue Size (in Shares) | 4,85,78,025 shares |
| Issue Size (in INR) | INR 48.58 crore |
| Issue Entitlement | 15 equity shares for every 2 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Bluegod Entertainment Rights Issue Record Date | 15 May 2025 |
| Face Value | INR 10 per share |
| Listing On | BSE |
Bluegod Entertainment Rights Issue Calculation
| Bluegod Entertainment Rights Issue Price | INR 10 per share |
| Market Price on Rights Issue Approval | INR 8.81 per share |
| Dilution Factor (X) | 8.5 |
| Fair Value After Dilution at Prevailing Price | INR 9.86 per share |
Bluegod Entertainment Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 4.90 | 2.42 | 0.45 |
| Expenses | 4.48 | 2.26 | 1.41 |
| Operating Margin (%) | 8.57 | 6.61 | (213.33) |
| Net Income | (0.27) | (0.98) | 0.17 |
| ROCE (%) | (2.52) | 4.38 | 4.01 |
Bluegod Entertainment Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To augment the existing and incremental working capital requirement of the company
- General corporate purposes
Bluegod Entertainment Rights Offer Documents
- Bluegod Entertainment Rights Issue Application Form
- Bluegod Entertainment Letter of Offer
- Board Meeting Outcome
- Indra Industries Draft Letter of Offer
- Rights Issue in 2024
Bluegod Entertainment Rights Issue Dates
| Rights Issue Approval Date | 9 May 2025 |
| Rights Issue Record Date | 15 May 2025 |
| Credit of Rights Entitlement | 2 June 2025 |
| Rights Issue Opening Date | 23 May 2025 |
| Last Date for Market Renunciation | 2 June 2025 |
| Rights Issue Closing Date | 9 June 2025 |
| Finalization of Basis of Allotment | 11 June 2025 |
| Rights Allotment Date | 11 June 2025 |
| Credit Date | 16 June 2025 |
| Listing Date | 12 June 2025 |
Bluegod Entertainment Rights Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate,
J. R. Boricha Marg, Opp. Kasturba Hospital Lane
Lower Parel (E) Mumbai – 400011, Maharashtra, India
Phone: +91 22 3522 0056 / 4961 4132
Email: [email protected]
Website: www.purvashare.com
Bluegod Entertainment Contact Details
BLUEGOD ENTERTAINMENT LIMITED
228 Part-B, The Zodiac Mall,
Bicholi Mardana, Indore (MP)- 452001
Phone: 09825050507
Email: [email protected]
Website: www.indraindustries.in
Bluegod Entertainment Rights Offer FAQs
What is the Bluegod Entertainment Rights Issue Price?
The issue price is INR 10 per share.
What is the Bluegod Entertainment Rights Issue entitlement ratio?
The eligible shareholders are offered 15 Equity Shares for every 2 Equity Shares held on the record date.
What is the Bluegod Entertainment Rights Issue Record Date?
The Record date is 15 May 2025.
How to Apply in Indra Industries Rights Issue?
The best way to apply in Bluegod Entertainment Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.