Bodhi Tree Multimedia IPO Review, Dates, Allotment, Size, Live Bid Details, GMP & RHP

Last Updated Date: Nov 16, 2022

Let’s have a detailed review of the company and analytics of the Bodhi Tree Multimedia Limited IPO release date, IPO offer price, subscription, Bodhi Tree Multimedia IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.

Bodhi Tree Multimedia IPO Review & Ratings

IPO Ratings & Review
Criteria	Ratings
Industry Sentiments	7.4/10
Industry Ranking	7.1/10
Company Background	8.2/10
Company Reputation	7.7/10
Competitive Edge	7.2/10
Financial Statements	8.0/10
Popularity Index	7.6/10
Promoters Reputation	8.0/10
Retail Appetite	7.5/10
Top Brokers Review	8.1/10
Overall Ratings	7.5/10
Star Ratings	★★★★☆

Summary of Bodhi Tree Multimedia IPO

Bodhi Tree Multimedia IPO

Their Company was created with the main objects (As per MOA) as mentioned below: To Carry on in India and abroad the business of making of Small or Big Films either for General Public Viewing or Television, TV Serials for any TV Channels in India or abroad either alone or in collaboration with others, Creation, Manufacturing, Consultants etc. of different type of Contents like Text, Audio, Video Content used in all types of communication carriers, develop, create, conceptualize, advise any commercial dissemination of Content/ information (Content Films and/or Serials etc.) by various types of modes available now and in future based on Telephone, T.V., Cable, Mobile network and any other types of media available in India or abroad either for itself or for any other client.

From FY 2017-18 to FY 2019-2020, as per the Restated Financial Statements

As per Restated Financial Statements their total revenues were Rs. 2,746.52 Lakhs in FY 2020, Rs.3,863.34 Lakhs in FY 2019, and Rs. 1,728.86 Lakh in FY 2018 and Rs.1,130.76 Lakhs in FY 2017 respectively. Their Profit after Tax for the similar period mentioned above was Rs. 365.57 Lakh in FY 2020, Rs. 36.13 Lakh in Fy 2019, Rs. (334.04) Lakh in FY 2018 Lakhs and Rs.(221.76) Lakh in FY 2017 respectively.

The Promoters of this company are MAUTIK AJIT TOLIA AND MR. SUKESH DEVDAS MOTWANI. The lead manager to the issue is SHRENI SHARES PRIVATE LIMITED. The Registrar to this issue is BIGSHARE SERVICES PRIVATE LIMITED.

Bodhi Tree Multimedia IPO Dates / Launch Date

The opening and the closing date of Bodhi Tree Multimedia IPO is not known yet.

Bodhi Tree Multimedia IPO Subscription

Day / Date	QIB	NII	RII	Total Subscription
1st Day –
2nd Day –
3rd Day –
4th Day –
Shares Offered or Net Issue

The shares subscribed by the public will be updated here.

Bodhi Tree Multimedia IPO Allotment Status

Here, you can find the Allotment Status of this IPO. Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment status is not yet disclosed.

Bodhi Tree Multimedia IPO Listing Date

Find the dates below on basis of allotment, refund, listing and more:

Basis of Allotment Finalization	–
Refunds Initiation	–
Credit of Shares to Demat Account	–
Share Listing Date	–

Bodhi Tree Multimedia IPO Price Band / Cash Price

The face value of each share is Rs.10, and the cash price of the IPO is Rs.[●].

Bodhi Tree Multimedia IPO Size

This Initial Public Issue of 3,90,000 Equity Shares of Rs.10 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●]

Bodhi Tree Multimedia IPO Share Offering

Fresh Issue: The Fresh Issue of 3,90,000 Equity Shares by their Company of Rs.10 each at a price of Rs.[●] per equity share aggregating to Rs.[●],

Net Issue: The Net Offer of up to 3,69,600 Equity Shares of Rs.10 each at price of Rs.[●] per Equity Shares aggregating to Rs.[●]

Bodhi Tree Multimedia IPO – Company Overview

Their business model is B2B, wherein the primary business activity includes content production for television, films and digital platforms. They have been in the forefront of creating differentiated and edgy content through its distinct line-up of shows. Their business activities operate in 3 verticals at present: TV – Hindi GEC (General Entertainment Channels), Digital Content (OTT), and Regional content in multiple languages.

They operate their activities from their registered office and studios located in 507, Reliable Business Centre, Jogeshwari (West), Mumbai – 400102, Maharashtra, India. Their Company has studios obtained on rent basis whenever is require. Their list of clients includes some of the renowned names in Films, Television and OTT Industry.

Bodhi Tree Multimedia Operational Verticals

Their business activities operate in 3 verticals at present: TV – Hindi GEC (General Entertainment Channels), Digital Content (OTT), and Regional content in multiple languages.

1) TV – Hindi GEC: They produce contents for linear broadcast networks like Zee, Sony, Star, Disney, Viacom, Sun and others. These contents include daily soaps, reality shows etc.
2) Digital Platforms (OTT): They produce content for non-linear platforms such as Netflix, Voot, etc
3) Regional Shows: They also produce content in regional languages including Tamil, Marathi, Bengali, and Gujarati on both TV and OTT platforms.

Bodhi Tree Multimedia – Production Line

Since inception, they have produced a robust line-up of more than 30+ shows for major Broadcasters & OTT platforms. They have produced more than 1000+ hours of content on Television and OTT. The shows have encompassed all genres – drama, thriller, horror, comedy and lifestyle.

The company has produced shows across multiple languages – Hindi, Tamil, Marathi, Gujarati and Bengali. The client roster includes all the major entertainment networks.

Bodhi Tree Multimedia – Excellence

Their team comprises of the most experienced minds in the entertainment content business with a proven track record of delivering successful television shows across all genres. The team skill sets cover both fiction and non-fiction content programming with combined experience of 10+ years and 100 + television shows between them.

Bodhi Tree Multimedia Limited: Business strategies

Exploring New Media
Focus on scaling up content volume
To develop own IP

Bodhi Tree Multimedia Ltd – Financial Statements

On the basis of Standalone statement:

Amount (in INR)
	31-Mar-20	Mar-19	31-Mar-18	31-Mar-17
Total Assets	14,76,65,355	12,03,81,467	5,70,99,257	2,06,42,820
Total Revenue	27,46,52,470	38,63,34,747	17,28,86,827	11,30,76,334
Total Expense	23,74,49,432	38,20,71,417	20,62,91,698	13,52,52,454
Profit After Tax	3,65,57,519	36,13,892	(3,34,04,871)	(2,21,76,120)

Earnings per Equity Share (in INR)

Amount (in INR)
	Mar-20	31-Mar-19	31-Mar-18	31-Mar-17
Basic & Diluted	141	361	(3,340)	(2,218)

Bodhi Tree Multimedia IPO – Promoters

The Promoters of this company are:

MR. MAUTIK AJIT TOLIA
MR. SUKESH DEVDAS MOTWANI

List of Related Parties (Key Managerial Personnel)

Mr. Mautik Ajit Tolia, Managing Director
Mr. Ravi Bhatt, Chief Financial Officer
Ms. Saloni Jain, Company Secretary and Compliance Officer

Interest in promotion of the Company

Except Mr. Mautik Ajit Tolia and Mr. Sukesh Devdas Motwani, who are the Promoters of their Company, none of their other Directors have any interest in the promotion of their Company other than in ordinary course of business.

Interests of Promoter in property of their Company

Their executive directors may also be deemed as interested in their Company to the extent of the Equity Shares held by them or any Equity Shares that may be subscribed by or allotted to them from time to time.

Their directors have no interest in any property acquired or proposed to be acquired by their Company three years prior to the date of this Draft Prospectus.

Bodhi Tree Multimedia IPO Offer Details or Issue Details

Particulars	No. Of Equity Shares
Equity Shares Offered	Up to 3,90,000 Equity Shares, aggregating up to Rs.[●] lakhs
Of which:
Market Maker Reservation Portion	20,400 Equity Shares, aggregating up to Rs.[●] lakhs
Net Issue to the Public	Up to 3,69,600 Equity Shares, aggregating up to Rs.[●] lakhs
Equity Shares outstanding prior to the Issue is	8,60,000 Equity Shares
Equity Shares outstanding after the Issue	12,50,000 Equity Shares

Bodhi Tree Multimedia IPO Issue Object

Their Company intends to utilize the Issue Proceeds towards the following objects:

To Meet Working Capital Requirements
General Corporate purpose and
To Meet the Issue Expenses

Bodhi Tree Multimedia Limited: Competitive Strength

Strong Brand Value
Experienced Team
Organized and Focused Business Operations
Wide range of production into number of languages

Bodhi Tree Multimedia IPO – Basis of the Offer Price

The Offer Price has been determined by their Company and the Selling Shareholder in consultation with the Lead Managers on the basis of the key business strengths.

Qualitative factors are:

Some of the qualitative factors, which form the basis for computing the price, are:

1. Well equipped with advance technology
2. Experienced Promoters and technically sound operation team
3. Marque Clientele
4. Wide number of languages dubbed
5. Leveraging their market skills and relationships
6. Focused on driving innovation

Bodhi Tree Multimedia IPO – Quantitative Factors

	Basic EPS	RONW in %	NAV (Rs.)
31-Mar-18	-3,340.49	-39.17	-23.43
31-Mar-19	361.39	-0.06	-6,249.09
*31-Mar-20	140.61	0.51	-6,610.48

Price to Earnings (P/E) ratio in relation to Price band of Rs.[●] of Rs.10 per each

Particulars	P/E ratio
Highest	–
Average	–
Lowest	–

Bodhi Tree Multimedia Limited: Competitive Peers

	Face Value (Rs.)	P/E	EPS (Rs.)	RoCE (%)
Bodhi Tree Multimedia Ltd	10	1.72	140.61	1.72
Listed Peers
VR FILMS & STUDIOS LTD	10	5.93	12.64	35.67
BALAJI TELEFILMS LTD	2	14.93	5.72	2.65
BAG FILMS & MEDIA LTD.	2	112.30	0.03	1.72

Bodhi Tree Multimedia IPO Lead Managers

Lead Manager

SHRENI SHARES PRIVATE LIMITED
Office No. 102, 1st Floor, Sea Lord CHS, Plot No. 1/B, 1/A,
Survey No. A-12, Ram Nagar, Borivali (West),
Mumbai- 400092, Maharashtra, India
Telephone: +91-22-28088456
Email: shrenishares@gmail.com
Investors Grievance email: info@shreni.in
Contact Person: Mr. Parth Shah
Website: www.shreni.in
SEBI Registration Number: INM000012759

Bodhi Tree Multimedia IPO Registrar to Offer

Registrar to the Offer

BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri (East) Mumbai – 400059, Maharashtra, India.
Telephone: +91-22-6263 8200
Facsimile: +91-22-6263 8280
Email: ipo@bigshareonline.com
Investor grievance email: investor@bigshareonline.com
Contact Person: Mr. Swapnil Kate
Website: www.bigshareonline.com
SEBI Registration Number: INR000001385

Other Details:

Statutory Auditor – S A R A & Associates*(a)
Legal Counsel to the Company – ASHA AGARWAL & ASSOCIATES
Banker to the Company – [●]

Bodhi Tree Multimedia IPO Review by Top 10 Stock Brokers

Top Stock Brokers Review	Company Reputation	Competitive Edge	Financial Statement	Popularity Index	Promoters Reputation
Angel Broking	7.5/10	7.4/10	8.5/10	8.1/10	7.1/10
Sharekhan	7.2/10	7.1/10	8.6/10	8.1/10	7.2/10
Kotak Securities	7.3/10	7.5/10	8.4/10	8.1/10	7.3/10
ICICI Direct	7.3/10	7.3/10	8.7/10	8.1/10	7.1/10
IIFL	7.5/10	7.2/10	8.8/10	8.0/10	7.1/10
Edelweiss	7.5/10	7.4/10	8.4/10	8.3/10	7.2/10
Zerodha	7.4/10	7.1/10	8.5/10	8.1/10	7.0/10
5Paisa	7.1/10	7.1/10	8.4/10	8.1/10	7.1/10
Karvy	7.4/10	7.3/10	8.2/10	8.1/10	7.1/10
Motilal Oswal	7.1/10	7.1/10	8.6/10	8.3/10	7.2/10