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Inspire Films Limited IPO

Inspire Films Limited was a SME IPO in the Media & Entertainment sector, offered at ₹56–₹59 per share to raise ₹21 crore. It listed on 5 Oct 2023 at ₹67 and closed its first day at ₹68, a listing gain of +15.0% versus the ₹59 issue price. It now trades around ₹12 (-78.9% versus the issue price).

Frequently asked questions

What were the Inspire Films Limited IPO listing gains?
Inspire Films Limited listed on 5 Oct 2023 at ₹67, closing its first day at ₹68 — a listing gain of +15.0% versus the ₹59 issue price.
What was the price band and lot size of the Inspire Films Limited IPO?
The price band was ₹56–₹59 per share, with a minimum lot of 2,000 shares (₹1,18,000 at the upper band).
Who were the registrar and lead manager for the Inspire Films Limited IPO?
Maashitla Securities Private Limited was the registrar, and Narnolia was the book-running lead manager.