About the Company:
VR Films & Studio is engaged in the business of providing complete localization services for television, film and digital industry, which consists of dubbing, mixing, subtitling, content editing and content localization services for movies, documentaries, audio books, games and TV programmes in regional and international languages.
Company also acquire foreign language films mainly from Hollywood and Chinese film industry and dub them in Indian Local language (Hindi, Tamil, Telugu etc.) and then distribute them theatrically or sub license to sub distributors across all licensed territories in all licensed languages including English.
Company believes in timely delivering of the quality dubbing services which is considered as an influential aspect in post film-making process.
Company’s client list includes some of the renowned names in Films and Television Industry.
Company’s Client List:
- Viacom 18 Media Private Ltd
- Sony Pictures Networks India Pvt Ltd
- Zee Entertainment Enterprises Ltd
- Discovery Communications India
- Paramount Pictures Corporation
- Paramount Pictures International Ltd etc.
Services offered by the Company:
- Dubbing Activities.
- Mastering / Editing services for original and localized content.
- Acquisition and sales of movie rights to various Indian and International TV Channels.
Company’s Major Events and Milestones:
In the Year 2018, Company Entered into an agreement with Sony Pictures Network India Private Limited and Viacom 18 Media Private Limited for providing dubbing and localization of content.
Wide number of Languages Dubbed.
Company has experience of dubbing various languages including various International languages such as English, Hindi, Tamil, Telugu, Malayalam, Punjabi, Bengali, Oriya, Urdu, Gujarati, Marathi, Malaysia, Mandarin, Thai, Russian, etc.
Expanding Clientele Network:
Company’s strategy is to acquire films for the Indian Sub-Continent comprising of India, Bangladesh, Pakistan, Sri Lanka, Maldives, Nepal and Bhutan and plan releases for each film on platforms like Theatrical, Satellite TV, VOD and Digital space including web series in this whole region.
Competition in the Business:
In Localization of Content / Dubbing, unorganized small players with a standalone studio set up exist.
V R Films is one of the few with a good setup of dedicated professionals and studio infrastructure to service clients. Acquisition, Distribution coupled with dubbing activity is a unique model propelled by the Company.
Management Team:
- Mr. Manish Satprakash Dutt (Designation: Managing Director)
- Mr. Krishi Satprakash Dutt (Designation: Whole-Time Director)
Objectives of the Issue:
- To Meet Working Capital Requirements
- General Corporate Purpose.
Peer Group Comparison:
There are no listed companies which are operating in all the business segments as of V R FILMS & Studios Ltd. Hence we cannot make any comparison.
Financials of the Company:
| (in Crores) | FY 16 | FY 17 | FY 18 | 30th Sept 18 |
|---|---|---|---|---|
| Revenue | 6.27 | 6.11 | 12.83 | 2.68 |
| Net Profit | 0.03 | 0.27 | 0.97 | 0.10 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 12th April 2019 |
| Issue Closes on:. | 18th April 2019 |
| Issue Price | Rs.61 |
| Face Value | Rs.10 |
| Minimum Lot | 2000 Shares |
| Minimum Investment | Rs.1,22,000 |
| Issue Constitutes | 27.11% |
| Issue Size | Rs.2.27 cr |
| Market Cap | Rs.8.36 cr |
| Listing at | BSE SME |
| Equity Shares Offered (Fresh) | 3,72,000 |
| Equity Shares Prior to the Issue | 10,00,000 |
| Equity Shares after the Issue | 13,72,000 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) |
|---|---|---|
| 9.76 | 6.25 | 32.68% |
| Check IPO Allotment Status: |
|---|
Link InTime Website (Click on the below Link)https://linkintime.co.in/PublicIssue/ |
| Company Contact Info: |
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| V R FILMS & STUDIOS LIMITED 19, Chhadva Apartments, Sion-Trombay Road, Chembur, Mumbai – 400071, India Tel No: 022-25273841 Fax No: 022-25228467 Email: smeipo@vrfilms.in Website: www.vrfilms.in |
| IPO Registrar Info: |
|---|
| LINK INTIME INDIA PRIVATE LIMITED C – 101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai-400083 Maharashtra, India Tel No: (022) 49186200 Email: vrfilms@linkintime.co.in Website: www.linkintime.co.in |
| Lead Manager to the Issue: |
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| HEM SECURITIES LIMITED 904, A Wing, 9th Floor Naman Midtown, Senapati Bapat Marg, Elphinstone Road Mumbai-400013, India. Tel :+91 22 4906 0000 Email: ib@hemsecurities.com Website: www.hemsecurities.com |
