V R Films & Studios IPO Review, DRHP, Date

V R Films Studios IPO Review

V R Films & Studios Limited is engaged in offering a complete range of localization services for digital, film and TV industry. It is mainly Mumbai based company. The article is based on V R Films & Studios IPO Review.

V R Films & Studios IPO Review Issue Details :

  • IPO Opens on – April 12, 2019.
  • IPO Closes on – April 18, 2019.
  • Face Value – Rs. 10 Per Equity Share.
  • Issue Price – Rs. 61 Per Equity Share.
  • Issue Type – Fixed Price Issue IPO.
  • Market Lot – 2000 Shares.
  • Minimum Order Quantity – 2000 Shares.
  • Issue Size – 7,200,000 Equity Shares of Rs. 10 aggregating up to Rs. 42.48 Cr.
  • Listing Exchange – BSE SME Exchange.
  • Draft Prospectus – Click Here

Objectives of the issue of the Company :

  • To Meet Working Capital Requirements of V R Films & Studios Limited.
  • General Corporate purpose of this company.
  • To Meet the Issue Expenses of V R Films & Studios Limited.

About The Company –

  • V R Films & Studios Limited was incorporated in 2007.
  • This company is 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.
  • V R Films & Studios Limited also does dubbing (post-production process) work for Chinese and Hollywood films to change in Indian regional languages and then provide it to sub-distributors through sub-licence in licensed areas and the licensed languages.
  • This company’s list of clients includes some of the renowned names in Films and Television Industry likes Viacom 18 Media Private Limited, Sony Pictures Networks India Private Limited, Zee Entertainment Enterprises Limited, Discovery Communications India, Paramount Pictures Corporation and Paramount Pictures International Limited etc.
  • V R Films & Studios Limited has a registered office in Mumbai and 3 dubbing studios.
  • This company provide promising dubbing quality at competitive rates, bench marked against the very best the world has to offer.
V R Films & Studios Limited

LOCATION :

V R Films & Studios Limited –

19, Chhadva Apartments,
Sion-Trombay Road, Chembur
Mumbai – 400071.
Phone : +91 22 25273841
Email : [email protected]
Website : www.vrfilms.in

The promoter of V R Films & Studios Limited :

  • Mr. Manish Satprakash Dutt, aged 51 years, is the Managing Director and Promoter of this Company.
  • Mr. Krishi Satprakash Dutt, aged 52 years, is the Whole-Time Director and Promoter of this Company.
  • Mr. Pawan Kumar Dutt, aged 44 years, is the Non-Executive Director and Promoter of this Company.

The Board of Directors of this company :

  • Mr. Manish Satprakash Dutt, aged 51 years, is the Managing Director and Promoter of this Company.
  • Mr. Krishi Satprakash Dutt, aged 52 years, is the Whole-Time Director and Promoter of this Company.
  • Mr. Pawan Kumar Dutt, aged 44 years, is the Non-Executive Director and Promoter of the Company.
  • Mr. Vishnu Vithalbhai Patel, aged 62 years, is the Independent Director of this Company.
  • Mrs. Vaneeta Sridhar, aged 49 years, is the Independent Director of this Company.

Competitive Strengths of V R Films & Studios Limited :

  • Main competitive strengths of V R Films & Studios Limited is their well equipped with advance technology.
  • Experienced Promoters and technically sound operation team are their another strength.
  • Marque Clientele is one of the competitive strength of this company.
  • Wide number of languages dubbed is most important strength of V R Films & Studios Limited.
  • The competitive strength is leveraging their market skills and relationships.

Services offered by this Company :

  • Dubbing Activities :
    V R Films & Studios Limited is engaged in the activity of localization of content i.e. dubbing of Fiction and Non-fiction TV programmes, audio books, games, documentaries and movies in regional and international languages. This company’s dubbing process is a post-production process which is used in film making, video production and animation in which additional or supplementary recordings are mixed with original production sound to create the finished soundtrack for Original and localized content of this company.
  • Mixing Services :
    V R Films & Studios Limited mix the original and localized content in 2.0 stereo format or 5.1 Dolby format for theatrical and non-theatrical platforms. Each Platform has its own specification and we adhere to all specifications needed by various clients including Theatrical, Television, Digital, OTT and mobile platforms including Android and i-phones.
  • Mastering / Editing services for original and localized content :
    The edit and post services of V R Films & Studios Limited besides sound mixing includes colour grading and telecast specifications to make the images look and sound the best. Each Platform has its own specifications for a finished product. We provide mastering services to suit all platforms. This company also offer edit services to finished products to adhere to local censor board requirements in all localized languages.
  • Acquisition and sales of movie rights to various Indian and International TV Channels :
    V R Films & Studios Limited’s acquisition of foreign language content mainly from Hollywood and Chinese Martial Art films is a major activity. Currently their library constitutes approx. 35 high octane action titles with best production values and every year we add on another 5-6 titles to the library.

Business strategies of V R Films & Studios Limited :

  • The main business strategies expanding their Clientele Network.
  • Focusing on Increasing Process Services & consistency in operating practices of V R Films & Studios Limited.
  • Growing their business with existing clients with quality and efficient services are another strategies of this company.

Company Financials :

V R Films & Studios IPO

V R Films & Studios Limited IPO Review :

The above figure demonstrates the company’s profit-loss in a mini statement, derived from the company DRHP (draft red herring prospectus). It shows the company is running through a moderate profit level. Now, look at the fundamental section. According to the last FY18, basic and diluted EPS (earnings per share) was at 9.76. It has not given the P/E (price to earnings ratio) of the company. For the year 2018, RoNW (Return on Net Worth) was 32.68%. Based on the data, V R Films & Studios IPO Review carries a NEGATIVE view. Investors may apply at their own risk.

Author: Ankita Chakraborty

Ankita has done her Diploma Engineering in Computer Science & Technology. She is pursuing her degree in Engineering and also well experienced in the equity market and real estate related content writing. She is the one who has developed the technical indicators section of our site.

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