Media & Entertainment IPOs in India are becoming increasingly popular due to the sector’s rapid growth. These IPOs offer investors an opportunity to participate in the expanding market of content creation, distribution, and digital platforms. Stay updated through news and financial platforms for upcoming listings.
Content:
- Overview of the Media & Entertainment IPOs in India
- IPO Fundamental Analysis
- IPO Financial Analysis
- About the Company
- Advantages of Investing in Media & Entertainment Sector IPOs
- Disadvantages of Investing in Media & Entertainment Sector IPOs
- Role of Media & Entertainment Industry in the economy
- How to invest in Media & Entertainment IPOs?
- Future Outlook of Media & Entertainment IPOs in India
- Media & Entertainment IPOs in India – FAQ
Overview of the Media & Entertainment IPOs in India
IPO Fundamental Analysis
Veritaas Advertising Limited
Veritaas Advertising Limited’s financial results show significant growth from FY22 to FY24, with sales rising from ₹3.37 crore to ₹10.35 crore and net profit increasing from ₹0.13 crore to ₹1.7 crores.
Revenue Trend: The company’s sales surged from ₹3.37 crore in FY22 to ₹7.75 crore in FY23 and further to ₹10.35 crore in FY24, reflecting robust growth in its operations.
Equity and Liabilities: Total liabilities increased from ₹2.69 crore in FY22 to ₹5.29 crore in FY23 and ₹9.82 crore in FY24. Borrowings grew from ₹0.75 crore to ₹2.17 crore over the same period.
Profitability: Operating profit rose from ₹0.33 crore in FY22 to ₹0.93 crore in FY23 and ₹3.05 crore in FY24. OPM improved from 9.79% in FY22 to 12.00% in FY23 and 29.47% in FY24.
Earnings Per Share (EPS): EPS decreased from ₹14.44 in FY22 to ₹47.78 in FY23 and ₹8.18 in FY24. This fluctuation is due to changes in equity capital and profit allocation.
Return on Net Worth (RoNW): RoNW reached 74.9% in FY24, showcasing strong returns for shareholders, supported by rising profitability compared to modest figures in FY22 and FY23.
Financial Position: Total assets grew from ₹2.69 crore in FY22 to ₹5.29 crore in FY23 and ₹9.82 crore in FY24. Fixed assets increased from ₹0.08 crore to ₹2.74 crore during the same period.
Radiowalla Network Limited
Radiowalla Network Limited’s financial results highlight strong growth, with sales increasing from ₹10.5 crore in FY22 to ₹15.35 crore in FY24 and net profit rising from ₹0.47 crore to ₹1.54 crore.
Revenue Trend: The company’s sales grew from ₹10.5 crore in FY22 to ₹14 crore in FY23, and further to ₹15.35 crore in FY24, showcasing consistent growth in its business operations.
Equity and Liabilities: Total liabilities rose from ₹5.28 crore in FY22 to ₹8.13 crore in FY23 and ₹22.45 crore in FY24. Borrowings slightly increased from ₹0.99 crore in FY22 to ₹1.13 crore in FY24.
Profitability: Operating profit improved from ₹0.74 crore in FY22 to ₹1.49 crore in FY23 and ₹2.03 crore in FY24. OPM increased from 7.05% in FY22 to 13.22% in FY24, reflecting operational efficiency.
Earnings Per Share (EPS): EPS grew from ₹11.15 in FY22 to ₹24.21 in FY23 but fell to ₹2.98 in FY24, influenced by changes in equity capital and profit distribution policies.
Return on Net Worth (RoNW): RoNW stood at 46% in FY24, showing improved returns for shareholders, supported by consistent profitability growth compared to earlier years like FY22 and FY23.
Financial Position: Total assets expanded from ₹5.28 crore in FY22 to ₹8.13 crore in FY23 and ₹22.45 crore in FY24. Fixed assets rose from ₹1.68 crore in FY22 to ₹4.34 crore in FY24.
Baweja Studios Limited
Baweja Studios Limited’s financial results reflect growth from FY22 to FY24, with sales increasing from ₹40.71 crore to ₹64.3 crore and net profit rising from ₹2.76 crore to ₹8.22 crore.
Revenue Trend: The company’s sales grew from ₹40.71 crore in FY22 to ₹73.79 crore in FY23, and ₹64.3 crore in FY24, showcasing fluctuations in revenue performance over the period.
Equity and Liabilities: Total liabilities increased from ₹30.56 crore in FY22 to ₹44.9 crore in FY23 and ₹124.25 crore in FY24. Borrowings grew from ₹2.67 crore in FY22 to ₹3.59 crore in FY24.
Profitability: Operating profit rose from ₹4.26 crore in FY22 to ₹9.02 crore in FY23 and ₹11.3 crore in FY24. OPM improved from 10.46% in FY22 to 17.57% in FY24.
Earnings Per Share (EPS): EPS increased from ₹5.08 in FY22 to ₹5.52 in FY23, then slightly decreased to ₹4.46 in FY24, reflecting profitability changes amidst capital restructuring.
Return on Net Worth (RoNW): RoNW stood at 14.2% in FY24, showing a reasonable return for shareholders, following a steady increase in profitability over FY22 and FY23.
Financial Position: Total assets grew from ₹30.56 crore in FY22 to ₹44.9 crore in FY23 and ₹124.25 crore in FY24, with fixed assets increasing from ₹0.49 crore to ₹5.28 crore during the same period.
IPO Financial Analysis
Veritaas Advertising Limited
| FY 24 | FY 23 | FY 22 | |
| Sales | 10.35 | 7.75 | 3.37 |
| Expenses | 7.3 | 6.82 | 3.04 |
| Operating Profit | 3.05 | 0.93 | 0.33 |
| OPM % | 29.47% | 12.00% | 9.79% |
| Other Income | 0.01 | 0.12 | 0.02 |
| Interest | 0.26 | 0.14 | 0.14 |
| Depreciation | 0.42 | 0.24 | 0.05 |
| Profit before tax | 2.38 | 0.67 | 0.16 |
| Tax % | 28.57% | 35.82% | 31.25% |
| Net Profit | 1.7 | 0.43 | 0.13 |
| EPS in Rs | 8.18 | 47.78 | 14.44 |
*All values in ₹ Cr.
Radiowalla Network Limited
| FY 24 | FY 23 | FY 22 | |
| Sales | 15.35 | 14 | 10.5 |
| Expenses | 13.32 | 12.51 | 9.76 |
| Operating Profit | 2.03 | 1.49 | 0.74 |
| OPM % | 13.22% | 10.64% | 7.05% |
| Other Income | 0.03 | 0.03 | 0 |
| Interest | 0.16 | 0.16 | 0.15 |
| Depreciation | 0.44 | 0.28 | 0.14 |
| Profit before tax | 1.46 | 1.08 | 0.45 |
| Tax % | -4.79% | 5.56% | -4.44% |
| Net Profit | 1.54 | 1.02 | 0.47 |
| EPS in Rs | 2.98 | 24.21 | 11.15 |
*All values in ₹ Cr.
Baweja Studios Limited
| FY 24 | FY 23 | FY 22 | |
| Sales | 64.3 | 73.79 | 40.71 |
| Expenses | 53 | 64.77 | 36.45 |
| Operating Profit | 11.3 | 9.02 | 4.26 |
| OPM % | 17.57% | 12.22% | 10.46% |
| Other Income | 0.84 | 2.49 | 0.22 |
| Interest | 0.72 | 0.49 | 0.28 |
| Depreciation | 0.69 | 0.33 | 0.11 |
| Profit before tax | 10.73 | 10.69 | 4.09 |
| Tax % | 23.39% | 25.54% | 32.52% |
| Net Profit | 8.22 | 7.97 | 2.76 |
| EPS in Rs | 4.46 | 5.52 | 5.08 |
*All values in ₹ Cr.
About the Company
Veritaas Advertising Limited
Veritaas Advertising Limited, established in 2018, is a full-service advertising agency offering 360-degree solutions. It owns premium advertising spaces across West Bengal, Guwahati, and Shillong while operating in major cities like Delhi, Mumbai, and Pune.
Specializing in Brand Strategy, Events, and Outdoor Media, Veritaas delivers impactful campaigns through diverse platforms like hoardings, brochures, and newspaper inserts. Its notable clientele includes TVS, Honda, Ultratech Cement, ITC, and Delhi Public School.
Radiowalla Network Limited
Radiowalla Network Limited, founded in 2010, specializes in in-store radio services through a subscription model. It creates exclusive radio channels for brands and offers corporate radio solutions to enhance employee engagement within organizations, focusing on B2B clients.
The company also provides advertisement solutions, including digital signage, content management, and point-of-purchase advertising. Operating globally in UAE, Mexico, Sri Lanka, and the Middle East, Radiowalla delivers innovative radio and advertisement services to businesses worldwide.
Baweja Studios Limited
Baweja Studios Limited, established in 2001, is a renowned production house creating Hindi and Punjabi films like Chaar Sahibzaade and Love Story 2050. It also trades movie rights, collaborating with producers, exhibitors, and streaming platforms.
With 22 projects completed by June 2023, Baweja Studios explores diverse formats, including web series, digital films, and animation. Focused on technology-driven storytelling, it handles script development, end-to-end production, and rights monetization across varied entertainment genres.
Advantages of Investing in Media & Entertainment Sector IPOs
The main advantages of investing in Media & Entertainment Sector IPOs include high growth potential, diversification opportunities, brand recognition, and exposure to a dynamic industry with increasing demand for content across platforms.
- High Growth Potential: The media and entertainment industry is expanding rapidly, driven by digital transformation and increased content consumption. Investing in IPOs allows access to high-growth companies with strong future prospects in a lucrative sector.
- Diversification Opportunities: Media & Entertainment IPOs provide a way to diversify an investment portfolio. Exposure to various sub-sectors, such as digital streaming, gaming, and film production, helps mitigate risks while capitalizing on different market trends.
- Brand Recognition: Many companies in the media and entertainment industry come with established brand recognition. Investing in IPOs of well-known firms can offer opportunities for capital appreciation, as these brands are already recognized by a wide consumer base.
- Exposure to Dynamic Industry: The media & entertainment industry is constantly evolving with new content, technologies, and platforms. IPOs offer investors the chance to participate in this dynamic sector and benefit from innovations that reshape entertainment consumption.
Disadvantages of Investing in Media & Entertainment Sector IPOs
The main disadvantages of investing in Media & Entertainment Sector IPOs include high volatility, uncertain revenue streams, intense competition, and the potential for overvaluation. These factors can lead to significant risks for investors, especially in an industry subject to rapid changes and shifting trends.
- High Volatility: Media & entertainment IPOs are often subject to significant price swings due to changing consumer preferences, regulatory impacts, and market sentiment. This volatility can result in unexpected losses, making it a risky investment for conservative investors.
- Uncertain Revenue Streams: The media and entertainment industry faces fluctuating revenue streams, particularly from advertising, subscriptions, and ticket sales. Changing market dynamics, such as consumer behavior or economic downturns, can impact a company’s earnings stability and future growth.
- Intense Competition: The sector is highly competitive, with many players vying for market share in areas like streaming, gaming, and content production. New entrants, along with established companies, can erode profits and market value, leading to pressure on new IPOs.
- Overvaluation Risks: Media & entertainment companies often attract attention due to their popular content or future potential, but they can sometimes be overvalued during their IPO. This overvaluation can result in disappointing returns if market expectations are not met.
Role of Media & Entertainment Industry in the economy
The Media & Entertainment industry plays a significant role in the global economy by contributing to employment, innovation, and cultural growth. It generates substantial revenue through television, film, digital platforms, gaming, and advertising, driving economic development across various sectors.
Additionally, this industry fosters creativity and cultural exchange, connecting diverse communities worldwide. By influencing consumer behavior, shaping public opinion, and promoting brands, Media & Entertainment helps boost other industries such as tourism, retail, and technology, creating a dynamic economic ecosystem.
How to invest in Media & Entertainment IPOs?
To invest in Media & Entertainment IPOs, follow these steps:
- Open a Demat and Trading Account: Choose a brokerage platform like Alice Blue.
- Research IPO Details: Review the company’s prospectus, pricing, and performance.
- Place Your Bid: Log in to the brokerage account, select the IPO, and bid as per your preferences.
- Monitor and Confirm Allocation: If allocated, your shares will be credited to your Demat account after listing.
Future Outlook of Media & Entertainment IPOs in India
The future outlook of Media & Entertainment IPOs in India looks promising as digital platforms continue to expand. With increasing internet penetration, demand for diverse content, and growing consumer engagement, the sector presents strong potential for investment growth and innovation.
Additionally, as the Indian audience becomes more tech-savvy, OTT platforms, film production, and gaming industries are expected to witness robust growth. Investors can anticipate significant returns from IPOs in this evolving landscape, driven by both local content and international collaborations, boosting the sector’s appeal.
Media & Entertainment IPOs in India – FAQ
A Media & Entertainment IPO (Initial Public Offering) refers to the process where companies in the media, film, broadcasting, digital content, and entertainment sectors offer their shares to the public for the first time, allowing investors to buy equity stakes in these firms.
Major Media & Entertainment companies in India that have launched IPOs include Veritaas Advertising Limited, Radiowalla Network Limited, and Baweja Studios Limited. These companies represent diverse segments like advertising, radio broadcasting, and film production in the industry.
Media & Entertainment IPOs play a significant role in the Indian stock market by offering investors access to a rapidly growing sector. They attract attention, boost liquidity, and enhance market diversification, contributing to the overall development and vibrancy of the stock market.
The largest Media & Entertainment IPO in India to date is the Zee Entertainment Enterprises Ltd. IPO, which raised approximately ₹1,000 crore when it went public in 2002. Zee Entertainment continues to be a major player in the Indian media industry.
To invest in Media & Entertainment IPOs, open a demat and trading account with a brokerage platform like Alice Blue. Browse upcoming IPOs, apply through the platform, and track the allotment and listing of shares for potential gains.
Media & Entertainment IPOs can be suitable for long-term investment if the company demonstrates strong growth potential, competitive positioning, and a sustainable business model. However, investors should assess market trends and company performance before making long-term commitments.
Media & Entertainment IPOs can be profitable, but it depends on market conditions and company performance. Successful IPOs often experience initial price surges, but long-term profitability requires careful analysis of the company’s fundamentals and market dynamics.
There are several upcoming Media & Entertainment IPOs in India, driven by the sector’s growth potential. To stay informed about these offerings, it’s recommended to follow financial news and monitor stock market portals or brokerage platforms like Alice Blue for official announcements.
Detailed reviews and analysis of Media & Entertainment IPOs can be found on brokerage platforms like Alice Blue. They provide in-depth reports, expert opinions, subscription details, and market insights to help investors make informed decisions about IPO investments.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
