V R Films IPO description – V R Films is engaged in the business of providing complete localization services for television, film and digital industry, which consists of dubbing, mixing, subtitling, content editing and content localization services for movies, documentaries, audio books, games and TV programmes in regional and international languages. The company also acquires foreign language films mainly from Hollywood and Chinese film industry and dub them in Indian Local language (Hindi, Tamil, Telugu etc.) and then distribute them theatrically or sub license to sub distributors across all licensed territories in all licensed languages including English.
The company operates its activities from its registered office and studios located in Mumbai. V R Films has 3 dubbing studios obtained on rent in Mumbai. Its list of clients includes some of the renowned names in Films and Television Industry such as Viacom 18 Media Private Limited, Sony Pictures Networks India Private Limited, Zee Entertainment Enterprises Limited, Discovery Communications India, Paramount Pictures Corporation, Paramount Pictures International Limited etc.
V R Films promoters – Mr Manish Satprakash Dutt, Mr Krishi Satprakash Dutt and Mr Pawan Kumar Dutt
| V R Films – Upcoming IPO details | |
| Subscription Dates | 12 – 18 April 2019 |
| IPO Price band | INR61 per share |
| Fresh issue | 372,000 shares (INR2.27 crore) |
| Offer for sale | Nil |
| Total IPO size | 372,000 shares (INR2.27 crore) |
| Minimum bid (lot size) | 2,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Use of funds
- Working Capital Requirements – INR1.37 crore
- General Corporate Purposes – INR0.50 crore
- Issue Expenses – INR0.40 crore
| V R Films’ financial performance (in INR crore) | ||||||
| FY2016 | FY2017 | FY2018 | 7M FY2019 | |||
| Total revenue | 6.28 | 6.11 | 12.83 | 3.67 | ||
| Total expenses | 6.11 | 5.69 | 11.41 | 3.19 | ||
| Profit after tax | 0.03 | 0.27 | 0.98 | 0.34 | ||
V R Films Contact Details
V R Films & Studios LimitedÂ
19, Chhadva Apartments
Sion-Trombay Road, Chembur
Mumbai – 400071
Phone:Â +91 22 25273841
Email: [email protected]
Website:Â www.vrfilms.in
V R Films IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.33 |
| Day 2 | 0.76 |
| Day 3 | 0.86 |
| Day 4 | 1.44 |
V R Films Valuation (For FY2018)
Earnings Per Share (EPS): INR9.76
Price/Earnings (P/E) ratio: 6.25
Return on Net Worth (RONW): 32.68%
Net Asset Value (NAV): INR33.25 per share (as of 31 Oct 2018)
Registrar of V R Films IPO
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website:Â http://www.linkintime.co.in
V R Films IPO Allotment Status
V R Films IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.
Listing performance of V R Films
IPO Opening Date:Â 12 April 2019
IPO Closing Date: 18 April 2019
Listing Date: 30 April 2019
Listing Price on BSE SME: INR62 per share (up 1.63% from IPO price)
Closing Price on BSE SME: INR60 per share (down 1.64% from IPO price)
