Bodhi Tree Multimedia SME
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Issue details
- IPO date
- 09 Oct 2020 – 13 Oct 2020
- Listing date
- 21 Oct 2020
- Face value
- ₹10 per share
- Issue price
- ₹95 per share
- Lot size
- 1,200 shares
- Total issue size
- ₹3.71 Cr
- Promoter holding
- 100.00% → 68.80% pre-issue → post-issue
- ISIN
- INE0EEJ01015
- Registrar
- Bigshare Services Pvt.Ltd.
- Lead managers
- Shreni Shares Ltd.
- Registered office
- 507, Reliable Business Centre,, Jogeshwari (West),, Mumbai - 400102, Maharashtra
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Market maker | 20,400 | — | — |
Application size
Minimum 1,200 shares per lot, in multiples, at ₹95
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,200 | ₹1,14,000 |
| S-HNI (min) | 2 | 2,400 | ₹2,28,000 |
| S-HNI (max) | 8 | 9,600 | ₹9,12,000 |
| B-HNI (min) | 9 | 10,800 | ₹10,26,000 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Valuation and performance
Valuation at offer price
| Metric | Pre-issue | Post-issue |
|---|
About Bodhi Tree Multimedia SME
Incorporated in Mumbai on July 4, 2013 as Bodhi Tree Multimedia Private Limited and converted into a public limited company on September 1, 2020, Bodhi Tree Multimedia Limited (BTML) is a business-to-business content production house operating across three verticals: TV - Hindi GEC (fiction/non-fiction shows for Zee, Sony, Star, Disney, Viacom and Sun), digital/OTT originals (e.g., 'Marzi', 'The Raikar Case' for Voot; '13 Mussoorie' for Viu), and regional-language content in Tamil, Marathi, Bengali and Gujarati on both TV and OTT. Since inception it has delivered 30+ projects spanning drama, thriller, horror, comedy and lifestyle genres (the Objects chapter cites 650+ hours of content, while the Our Business chapter cites 1,000+ hours), with credits including 'Nisha Aur Uska Cousin', 'Fear Files', 'Aapke Aa Jane Se' and 'Nati Pinky Ki Lambi Love Story'. It earns money on a commissioned model - pitching content to broadcasters/OTT platforms, contracting at a mutually agreed budget, receiving a percentage of production cost as fee at commissioning plus viewership-linked incentives - with typical credit periods of about 90 days and stated operating margins of 10-15%. Per restated accounts, FY2020 total revenue was Rs. 2,746.52 lakhs (PAT Rs. 365.57 lakhs), comprising commissioned television programs of Rs. 14,15,11,988 and internet/web series of Rs. 12,56,22,244 within Rs. 26,71,34,232 of operating revenue. Revenue is highly concentrated (top five clients contributed approximately 98.47% of FY2020 revenue from operations), and the company operated with 11 employees (June 2020) from rented offices/studios in Jogeshwari, Mumbai, proposing to list on the NSE EMERGE SME platform.
Company Analysis
from DRHPBodhi Tree Multimedia Limited is a Mumbai-based B2B television, film and digital content production company that makes serials, web series and regional-language programming for Indian broadcasters (Zee, Sony, Star, Disney, Viacom, Sun) and OTT platforms (Netflix, Voot).
Incorporated in Mumbai on July 4, 2013 as Bodhi Tree Multimedia Private Limited and converted into a public limited company on September 1, 2020, Bodhi Tree Multimedia Limited (BTML) is a business-to-business content production house operating across three verticals: TV - Hindi GEC (fiction/non-fiction shows for Zee, Sony, Star, Disney, Viacom and Sun), digital/OTT originals (e.g., 'Marzi', 'The Raikar Case' for Voot; '13 Mussoorie' for Viu), and regional-language content in Tamil, Marathi, Bengali and Gujarati on both TV and OTT. Since inception it has delivered 30+ projects spanning drama, thriller, horror, comedy and lifestyle genres (the Objects chapter cites 650+ hours of content, while the Our Business chapter cites 1,000+ hours), with credits including 'Nisha Aur Uska Cousin', 'Fear Files', 'Aapke Aa Jane Se' and 'Nati Pinky Ki Lambi Love Story'. It earns money on a commissioned model - pitching content to broadcasters/OTT platforms, contracting at a mutually agreed budget, receiving a percentage of production cost as fee at commissioning plus viewership-linked incentives - with typical credit periods of about 90 days and stated operating margins of 10-15%. Per restated accounts, FY2020 total revenue was Rs. 2,746.52 lakhs (PAT Rs. 365.57 lakhs), comprising commissioned television programs of Rs. 14,15,11,988 and internet/web series of Rs. 12,56,22,244 within Rs. 26,71,34,232 of operating revenue. Revenue is highly concentrated (top five clients contributed approximately 98.47% of FY2020 revenue from operations), and the company operated with 11 employees (June 2020) from rented offices/studios in Jogeshwari, Mumbai, proposing to list on the NSE EMERGE SME platform.
Objects of the Issue
- To meet working capital requirements p.55
- General corporate expenses / purposes p.56
- To meet the Issue (public issue) expenses p.56
Issue Structure
- Total Issue
- Upto 3,90,000 Equity Shares of face value of Rs. 10 each aggregating to Rs. [●] Lakhs (aggregate amount left blank in the DRHP)
- Fresh Issue
- Entire Issue is a Fresh Issue of Upto 3,90,000 Equity Shares (of which 20,400 Equity Shares reserved for Market Maker; Net Issue to public of 3,69,600 Equity Shares)
- Offer for Sale
- None - no Offer for Sale component; promoters are not offering any of their Equity Shares in the Issue
- Price Band
- Fixed Price Issue; Issue Price of Rs. [●] per Equity Share (not disclosed)
- Face Value
- Rs. 10/- each
Business Model
Commissioned content production for broadcasters and OTT platforms: BTML approaches potential clients with content; on approval at a mutually agreed budget it signs a production contract; at commissioning the client pays a certain percentage of the total production cost as fees, with additional incentive payments depending on viewership performance. Per the restated accounts, revenue is earned from 'Commissioned television programs' (Rs. 14,15,11,988 in FY2020) and 'Internet programs / Web Series' (Rs. 12,56,22,244 in FY2020), recognized over the contract period as control/performance obligations transfer. The Objects chapter notes 'gap funding' needs during production, credit periods of about 90 days from content delivery, and operating margins of 10-15%.
Business Segments
Promoters
| Name | Role | Pre-Issue | Post-Issue |
|---|---|---|---|
| Mr. Mautik Ajit Tolia | Promoter and Managing Director | 99.42% | 68.40% |
| Mr. Sukesh Devdas Motwani | Promoter and Whole-Time Director | 0.58% | 0.40% |
Leadership
Auto-extracted from the company's DRHP using AI, with each fact linked to its source passage (hover any row to see the quote & page). Provided for research only, not investment advice — verify against the official DRHP before relying on it.