Monday, August 29, 2016

Spicy Entertainment IPO to open on Sep 1st

Spicy Entertainment & Media Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 4,820,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 10.

Spicy Entertainment & Media Ltd (SEML) is a media and entertainment company with specific focus on event management. It is also engaged in the business of distribution of films and provides event management services to leading Indian insurance companies for their customer awareness programs, brand promotional activities, sign board management, marketing campaigns amongst others.

The issue opens on Sep 01, 2016 and closes for subscription on Sep 07, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.

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