Spicy Entertainment Ipo Review


Business description – Sungold Media & Entertainment was incorporated as “Shree Krishna Holiday Home and Farms Limited” in Ahmedabad, Gujarat in March 1995.

Earlier, the company was engaged in the business of marketing, development and maintenance of Farm Houses, Holidays Resorts, and Housing Society etc. Pursuant to the change of name and object, it is engaged in the media and entertainment services.

The company provides several solutions for branding of clients business.

It is engaged in Graphics Design, Web site design, Video Editing, Digital Marketing, Photography, Videography, Mobile App Development, Celebrity Management and distribution services.

Sungold Media & Entertainment designs and develops optimal solutions that maximize its clients’ brand image, delivering value in terms of Quality and Cost.

Sungold Media & Entertainment’s ongoing projects include:

  • News portal – www.liveupdates.co.in
  • Entertainment portal – www.entertainment365.in
  • Portal on current developments in the state of Gujarat – www.gujaratdevelopment.com
Promoters of Sungold Media & Entertainment – Mr Rajiv Rameshchandra Kotia and Mr Raj Rajiv Kotia
Sungold Media & Entertainment IPO details
Subscription Dates9 – 14 August 2018
IPO Price bandINR10 per share
Fresh issue Nil
Offer for sale1,350,000 shares (INR1.35 crore)
Total IPO size1,350,000 shares (INR1.35 crore)
Minimum bid (lot size)10,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME platform
Sungold Media & Entertainment’s financial performance (in INR lakh)
FY2013FY2014FY2015FY2016FY201711M FY2018
Total revenue10.814.935.056.360.044.7
Total expenses10.413.625.743.352.040.5
Profit after tax0.
Sungold Media & Entertainment’s Contact Details

Sungold Media and Entertainment Limited
13, Radhakrushna Mandir Compound
Rajpipla, Nandod
Narmada- 393145

Phone: +91 9099018633
Email:[email protected]
Website: www.sungoldmediaent.com

Sungold Media & Entertainment IPO Subscription Details
DaySubscription (no.

of times)

Day 10.02
Day 20.20
Day 30.71
Day 41.91
Sungold Media & Entertainment Valuation (For latest FY)

Earnings Per Share (EPS): INR0.12

Price/Earnings (P/E) ratio: 83.33

Return on Net Worth (RONW): 1.10%

Net Asset Value (NAV): INR11.29 per share

Registrar of Sungold Media & Entertainment IPO

Satellite Corporate Services Pvt Ltd
B-302, Sony Apartment, 90 feet road,
Jarimari, Sakinaka, Mumbai – 400 072
Maharashtra, India

Phone: +91 22 2852 0461
Fax: +91 22 2851 1809
Email: [email protected]
Website: www.satellitecorporate.com

Sungold Media & Entertainment IPO Allotment Status

Sungold Media & Entertainment IPO allotment status is now available on Satellite Corporate Services’ website.

Click on this linkto get allotment status.

Listing performance of Sungold Media & Entertainment

IPO Opening Date: 9 August 2018

IPO Closing Date: 14 August 2018

Listing Date: 27 August 2018

Listing Price on BSE SME: INR9.75 per share (down 2.5% from IPO price)

Closing Price on BSE SME: INR9.71 per share (down 2.9% from IPO price)