IPO Details
Bidding Dates
To be announced
Minimum Investment
To be announced
Price Range
To be announced
Maximum Investment
To be announced
Retail Discount
To be announced
Issue Size
62,62,800 Shares
Investor category and sub category
Retail Individual Investors | Qualified Institutional Bidders | Non-Institutional Bidders |About Ullu Digital Limited
Incorporated in 2019, Ullu Digital Limited is an Over-The-Top (OTT) streaming platform, which is mainly engaged in the distribution, exhibition, exploitation, promotion, marketing and delivery of diverse content on its platform/app named “Ullu”.
The company has expanded its reach globally, making content accessible to audiences beyond the Indian subcontinent. It ensures a seamless streaming experience for its users across various devices, ranging from smartphones and smart TVs to tablets. As of September 2023, the total number of subscribers stood at 20,92,975 as compared to 27,59,397 in March 2023, reflecting a decline of 24.15%.
Globally, the entertainment and media market size has grown strongly in recent years. It will grow from $2,507.25 billion in 2023 to $2,706.24 billion in 2024 at a CAGR of 7.9%. This growth can be attributed to smartphone adoption, social media influence, streaming services dominance, content personalisation, and globalisation of content.
Ullu Digital Limited IPO Details
Ullu Digital Limited IPO Dates
Ullu Digital Limited IPO is a 100% fresh issue. Ullu Digital Limited’s IPO will be listed on the BSE SME. It is a book-built issue IPO.
Ullu Digital Limited IPO Price Band
The price range of the IPO has not been fixed yet.
Ullu Digital Limited IPO Lot Size
The lot size of the IPO has not been fixed yet.
Ullu Digital Limited IPO Objectives
The objectives of Ullu Digital Limited IPO are listed below:
- Production of new content.
- Purchase of international shows.
- Purchase of state-of-the-art equipment and hiring of staff.
- Working capital requirement.
- General corporate purposes and issue expenses.
Peer Details
As per DRHP, the company has 2 listed peers mentioned below:
- Shemaroo Entertainment Limited.
- Zee Entertainment Enterprises Limited.
How To Check the Allotment Status of the Ullu Digital Limited IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of Ullu Digital Limited
Registered office: 901, Kanchanjunga Building 18, Barakhamba Road, Janpath, Central Delhi, Delhi-110001, India
Phone: 05224107574
E-mail: compliance@ullu.app
IPO Financials
| Particulars | Period Ended on September 30, 2023 | Year Ending on March 31, 2023 | Year ending on March 31, 2022 | Year ending on March 31, 2021 |
|---|---|---|---|---|
| Total Income | 5,859.82 | 9,369.86 | 4,700.39 | 2,763.36 |
| Profit After Tax (PAT) | 1,227.80 | 1,511.06 | 392.89 | 125.71 |
| Assets | 7,686.00 | 7,156.05 | 4,712.54 | 2,890.97 |
| Net Worth | 3,671.33 | 2,075.90 | 566.33 | 170.02 |
| Total Borrowings | 227.60 | 241.99 | 274.39 | 198.06 |
Know before investing
Strengths
2-
The company offers a diverse content library, which encompasses a wide array of shows, web series, films and other types of content across different genres. This helps the company generate diverse revenue streams.
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Looking forward, the company is planning to establish an In-house production house. Currently, it is outsourcing the pre-production and production process to independent production houses and producers.
Risks
2-
The company is dependent upon the tastes and preferences of the audience. Any shift in consumer taste and preference will have a negative impact on its business.
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Any failure to acquire new customers or failure to do so in a cost-effective manner could impact its revenue growth and may act as a barrier to achieving profitability.
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Ullu Digital Limited IPO FAQs
Ullu Digital Limited IPO is a 100% fresh issue.
The Basis of Allotment date has not been announced yet.
The IPO subscription window has not been decided yet.
The lot size of the IPO has not been announced yet.
Ullu Digital Limited IPO will be listed on BSE SME.
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the IPO Section and then to IPO Orders
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Listing gains cannot be ascertained before listing the IPO on the stock exchange.
Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
You can submit only one application using your PAN card.
