Spicy Entertainment & Media Ltd - IPO

Spicy Entertainment & Media Ltd IPO Details

Public issue of 48,20,000 equity shares of Rs. 10 each (equity shares) of Spicy Entertainment and Media Limited (SEML or the company or the issuer) for cash at a price of Rs. 10 per share (the issue price), aggregating to Rs. 4.82 crores (the issue), of which, 2,60,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 45,60,000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 29.19% and 27.62%, respectively of the post issue paid up equity share capital of the company.The face value of the equity share is Rs. 10 each and the issue price of Rs. 10/- i.e. 1 time or at par of the face value.

Objective of issue

Setting up a recording studio & infrast. Develop.. To produce regional feature film. General corporate expenses.

Spicy Entertainment & Media Ltd Contact Details

Spicy Entertainment & Media Ltd, 6 Mangoe Lane, 2nd Floor, , Kolkata - 700 001

Phone - 91-33-22435029/5809

Fax - 91-33-22484787

Email - info@spicyy.in

Website - www.spicyy.in