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Shemaroo Files For Rs115Cr IPO

By : Charmi Gutka | 22 September 2011

Shemaroo Entertainment has filed a DRHP to raise upto Rs115Cr through an IPO. The funds will be used to finance it's working capital requirements.

Yes Bank Limited and ICICI Securities Limited are the book running lead managers to the issue.

Mumbai based - Shemaroo Entertainment is an integrated media content house in India with activities across content acquisition, value addition to content and content distribution. Shemaroo has also tied up with AKG GRoup for online video services. It provides AKG with premium video content for NyooTV.com, its social television network.

Promoters - Raman Maroo, Atul Maru and promoter group together hold 90.14% in the company.

Performance of Shemaroo:

(Rs In MN) 2011 2010 2009
Sales 1569.60 1036.28 1046.97
PAT 129.07 12.59 -129.68


Shemaroo's Peers on BSE:

Shemaroo Peers of BSE


According to a joint report of KPMG and FICCI an industry chamber the Indian Media and Entertainment (M&E) industry grew from Rs587 Bn in 2009 to Rs652 Bn in 2010, registering an overall growth of 11% and is projected to grow at a CAGR of 14% between 2010 and 2015.



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KVEZAR VIEW

  DEAL TRACKER FOR
DateTransactionTypeBuyerSize ($mn)
2011-09-22  Shemaroo Entertainment - IPO IPO / Offerings    23.56 
2011-05-24  Pen India - Audio Catalog (Business) - Shemaroo Entertainment M&A  Shemaroo Entertainment Limited
 
 
 
  Profiles

Company

NamePromotersOfficeCompetitorWebsite
Shemaroo Entertainment Limited  Raman Maroo
Atul Maru  
100, Everest, Marine Drive,     http://www.shemaroo.com
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