Net Pix Shorts Digital Media IPO – Review, Allotment, Subscription, GMP & DRHP
Last Updated Date: Nov 18, 2022Let’s have a detailed review of the company and analytics of the Net Pix Shorts IPO release date, IPO offer price, subscription, Net Pix Shorts Digital Media Limited IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.
| Face Value | Rs 10 |
| Cash Price | Rs 30 |
| Listing At | BSE SME |
| Min. Order Quantity | 4000 Eq Shares |
| Listing Date | NA |
| Offer for Sale | Rs lakh |
| Fresh Issue | Rs lakh |
| IPO Size | Rs 2.70 Cr |
| Tick Size | 1 |
Net Pix Shorts Digital Media IPO is listed at [●] premium. Check out the live share price by clicking on the below link.
| Net Pix Shorts Digital Media Share Price – Live Performance |
Net Pix Shorts Digital Media IPO – Summary
Their Company is a technology based entertainment company operating in the niche segment of online short film contents and publishing the same on various digital online portals and OTT platforms.
The online digital media industry is a continuously evolving technological industry. They endeavor to exploit these technological advances to reach audiences in India and globally with entertaining, socially relevant and heart-felt content.
The Promoter of this company is Mr. Danish Zakaria Aghadi. The lead manager to the issue is ARYAMAN FINANCIAL SERVICES LIMITED, and the Registrar to this issue is KFin Technologies Private Limited.
Net Pix Shorts Digital Media IPO Date
The opening and the closing date of IPO of Net Pix Shorts Digital Media Limited is Nov 18, 2020 – Nov 23, 2020.
Net Pix Shorts Digital Media IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – | ||||
| 2nd Day – | ||||
| 3rd Day – | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
Net Pix Shorts Digital Media 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.
Net Pix Shorts Digital Media Limited 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 | – |
Net Pix Shorts Digital Media IPO Price Band / Cash Price
The face value of each share is Rs.10, but the price band of the IPO is Rs.30.
Net Pix Shorts Digital Media IPO Equity Size
This Initial Public Issue of 9,00,000 Equity Shares of Rs.10 each for cash at a price of Rs 30 per equity share aggregating to Rs.[●] lakh.
Net Pix Shorts Digital Media IPO Share Offering
Net Issue: The Fresh Issue of 8,48,000 Equity Shares by their Company, aggregating to Rs.[●] lakh,
Issue Size: 9,00,000 Equity Shares of Rs.10 each, aggregating to 2.70 Crores.
Net Pix Shorts Digital Media IPO – Live Performance
The listing date of this IPO is NA. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Net Pix Shorts Digital Media Share Price |
Net Pix Shorts Digital Media IPO Grey Market Premium
The Net Pix Shorts Digital Media Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Net Pix Shorts Digital Media IPO – Company Overview
Their objective is to offer a platform for enabling digital online entertainment by creating and hence procuring short content in order to make their platform a preferred choice for short content audiences. They started their online content distribution through the internationally renowned ‘YouTube’ portal and their channel – “Net Pix Shorts” went live on January 08, 2018.
Currently, they have released 10 titles consisting of 12 videos on their YouTube channel. This is aggregating to 154.94 minutes of content, which has received approximately 3,10,72,405 aggregate views as on September 05, 2020. They have also received the Silver Creator award from YouTube for crossing 1,00,000 subscribers and currently, they have having 2,46,000 subscribers to their channel.
As on date of this Draft Prospectus, they also have 8 short films which are under production aggregating to approximately 155.84 minutes of content. Besides, some of their videos are also uploaded on various other digital online portals like Hungama Play, Sony Liv, Mx Player, Shorts TV and Hotstar, either directly or through their media partners.
Net Pix Shorts Digital Media IPO Recent Addition
They have recently launched their own music channel on YouTube – ‘Net Pix Raw Music’ which went live August 14, 2020. The idea behind the music channel is to invite new and young musicians to showcase their talents on a global platform. Here, they offer them an online platform through their channel partners and OTT platform arrangements.
Further, as part of their growth strategy, their Company is in the process of developing its own digital application. App, for mobiles, PCs and other devices They can upload their videos and music. This App is intended will be in line with the various online digital media platforms like Hunagma Play, Alt-Balaji, Zee5, Voot, etc.
Net Pix Shorts Digital Media IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & lakhs) | |
| 31-Mar-20 | |
| Total Assets | 524.88 |
| Total Revenue | 18.37 |
| Total Expense | 15.32 |
| Profit After Tax | 2.28 |
Earnings per Equity Share (in lakhs)
| 31-Mar-20 | |
| Basic & Diluted | 0.14 |
Their company was recently incorporated and their 1st financials for the year ended March 31, 2020. And has shown positive operating performance, wherein their Sales, EBIDTA and Profit after Tax were Rs.18.37 lakhs, Rs.6.79 lakhs and 2.28 lakhs respectively.
Net Pix Shorts Digital Media Limited IPO – Promoters
The Promoter of this company is:
- Mr. Danish Zakaria Aghadi
List of Related Parties (Key Managerial Personnel)
- Mr. Irfan Memon, Chief Financial Officer
- Mr. Manish Heda, Company Secretary and Compliance Officer
Competitive Strengths of Net Pix Shorts Digital Media Limited
- Qualified Senior Management Team
- Diverse and Growing Content Library
- Global Presence
- Writer’s Lounge
- Scalable Business Model
Net Pix Shorts Digital Media Limited IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 9,00,000 Equity Shares aggregating up to Rs.[●] lakh |
| of which: | |
| Issue Reserved for the Market Maker | Up to 52,000 Equity Shares aggregating up to Rs.[●] lakh |
| Net Issue to Public | Up to 8,48,000 Equity Shares aggregating up to Rs. [●] lakh |
| Of which: | |
| Up to 4,24,000 Equity Shares for allocation for Investors of up to Rs.2.00 lakhs | |
| Up to 4,24,000 Equity Shares for allocation for Investors of up to Rs.2.00 lakhs | |
| Equity Shares outstanding prior to the Issue | 23,00,060 Equity Shares |
| Equity Shares outstanding after the Issue | Up to 32,00,060 Equity Shares |
Net Pix Shorts Digital Media IPO Issue Object
The Objects of the Net Issue is to raise funds for:
(a) Acquisition of workshop & Godown and Writer’s Lounge on a long term lease basis
(b) Further Augment their Digital Media Content Library
(c) General Corporate Purpose
Business strategies of Net Pix Shorts Digital Media Limited
- Scaling up Content
- Diversify their Business Portfolio
- Development of Application
- Reduce Operational expenses to increase profitability
- Focus on core competence
- Strengthen the brand name
Net Pix Shorts Digital Media Limited IPO – Basis of the Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Qualified Senior Management Team;
- Diverse and Growing Content Library;
- Global Presence;
- Writer’s Lounge;
- Scalable Business Model
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-20 | 0.14 | 1.44% | 9.88 |
Net Pix Shorts Digital Media IPO : Competitive Peers
They believe that there is no other listed company which is specifically comparable to them w.r.t their business model, size and financials.
Net Pix Shorts Digital Media IPO Lead Managers
| Lead Manager |
| ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001 Tel No.: +91 – 22 – 6216 6999 |
Net Pix Shorts Digital Media IPO Registrar to offer
| Registrar to the Offer |
| CAMEO CORPORATE SERVICES LIMITED
Subramanian Building No. 1, Club House Road, Chennai – 600 002 Tel No.: +91 – 44 – 2846 0390/ 1989 Email: cameo@cameoindia.com Website: www.cameoindia.com Contact Person: Mr. R. D. Ramasamy SEBI Registration No.: INR 000003753 |
Net Pix Shorts Digital Media IPO – Other Details
- Statutory Auditor – M/S. B. L. DASHARDA & ASSOCIATES, CHARTERED ACCOUNTANTS
- Legal Counsel to the Company – M/S. KANGA & CO. (ADVOCATE & SOLICITORS)
- Bankers to the Company – [●]
Net Pix Shorts Digital Media Limited 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 |
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