Silly Monks Entertainment IPO

Silly Monks Entertainment IPOBusiness description – Silly Monks Entertainment is a ‘South India’ based entertainment & media startup with a focus of being a recognized & fast growing player in areas such as digital media publishing, movie/content production, celebrities social media management, App development, Audio content Distribution, Google Ad word and online/digital advertising, event management, and live band performances.

The company’s main focus is Digital Media Publishing. It publishes content on various platforms such as YouTube, Facebook, Amazon, Vuclip etc. The contents that are being published over these platforms are either created by the company in-house production/acquired through outright purchase or through syndicated method. In case of content which is bought by it, it owns the copy rights of the content through an agreement with assignor and hence the publishing revenue is fully accrued to Silly Monks Entertainment. When the content is through syndication, it shares the revenue with the content partner.

Promoters of Silly Monks Entertainment – Mr Tekulapalli Sanjay Reddy and Mr Anil Kumar Pallala
Silly Monks Entertainment IPO details
Subscription Dates 5 – 10 January 2018
IPO Price band INR120 per share
Fresh issue 970,000 shares (INR11.64 crore)
Offer for sale 290,000 shares (INR3.48 crore)
Total IPO size 1,260,000 shares (INR15.12 crore)
Minimum bid (lot size) 1,200 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Expanding Content Portfolio – INR8.30 crore
  • Setting up six offices in Mumbai, Chennai, Bangalore, Delhi, Cochin & Hyderabad for PAN India presence – INR2.46 crore
  • General Corporate Purposes – INR0.42 crore
Silly Monks Entertainment’s consolidated financial performance (in INR lakh)
FY2015 FY2016 FY2017 Q2 FY2018
Total revenue 328.0 492.6 1,201.8 654.4
Total expenses 325.6 460.7 1,043.8 549.6
Profit after tax -2.1 27.9 144.7 96.1

Silly Monks Entertainment Limited
301, Ektha Pearl, 2-17-89
B P Raju Marg, Kothaguda, Kondapur
Hyderabad 500 084

Phone: +91 40 2300 4518
Email: [email protected]
Website: www.sillymonks.com

Day Subscription (no. of times)
Day 1 0.52
Day 2 0.92
Day 3 1.85
Day 4 17.23
   

Earnings Per Share (EPS): INR4.61

Price/Earnings (P/E) ratio: 26.03

Return on Net Worth (RONW): 26.16%

Net Asset Value (NAV): INR105.6 per share

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: www.bigshareonline.com

Silly Monks Entertainment IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.

IPO Opening Date: 5 January 2018

IPO Closing Date: 10 January 2018

Finalisation of Basis of Allotment: 15 January 2018

Initiation of refunds: 16 January 2018

Transfer of shares to demat accounts: 17 January 2018

Listing Date: 18 January 2018

Listing Price on NSE SME: INR144 per share (up 20% from IPO price)

Closing Price on NSE SME: INR144 per share (up 20% from IPO price)

11 COMMENTS

  1. Movies are risky business and the content part is highly confusing. Better to pick any of the listed companies. Shemaroo is a much better choice than this, PE ratio is also quite high as the busienss is so small…

    • That is the unfortunate part Mr. Singh… All this company needs is one hit like Bahubali and the stock will become a multi-bagger rising 50 times in 5 year! Thabh kyaa karenh? Tho yahaan par sawaal valuation ka nahin naseeb ka ho gayaa which beats the very logic of stock market investing! Tho kyaa aise stocks mein invest karenh? If you see how highly valued most of our openly listed stocks are, mereko tho darr lagne lagaa hai khareedne ke liye!

  2. In my honest opinion, it depends upon what the investor’s level of risk and what he/she is looking for. If you look at some of the most recent IPO’s over the last 1 month, most were junk except for a few gems and so while the gems with low P/E, understand-ably, logically and expectedly opened at 100% listing gains + hit repeated upper circuits, many junk not so profitable companies with high P/E’s also listed at atleast 20% gains followed by upper circuits… Goes to show how our Bull market is distorting valuations further and thus we need to be ever more careful with our investments and start locking in gains. With that, since NO one can predict what will happen, my only advise would be, FRESH Investors — please avoid due to high P/E; EXPERIENCED Investors — follow your gut/intuition/past-luck with market timings/listings and those in between Good Luck, pray to God and do as you deem best! Praying that all of you make money and do well in the stock market and have prosperous lives…

  3. First day subscription – 0.52X

    We are facing some technical difficulty with the site so updating in comments. Please bear with us.

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