| QIP Size | ₹200 CrMaximum Ceiling |
|---|---|
| Market Cap | ₹137.54 CrSmall Cap |
| Revenue TTM | ₹127.48 CrOperating Revenue |
| P/E TTM | 18.38vs Sector 27.12 |
| Deal value | ₹200 Cr |
| Share of market cap | 145.4% |
Key highlights
- Board approved raising funds aggregating up to ₹200 crore through the QIP route
- Eligible securities include equity shares, NCDs with warrants, and other convertible instruments
- The resolution is enabling in nature, allowing the company to engage merchant bankers and advisors
- An Extra-Ordinary General Meeting (EGM) will be convened via Video Conferencing for member approval
- Specific pricing, timing, and objects of the issue will be finalized by the Board and Audit Committee
Details of the Proposed Fundraise
The Board of Directors of Bodhi Tree Multimedia has authorized the raising of funds up to ₹200 crore through a Qualified Institutions Placement (QIP) in accordance with SEBI ICDR Regulations. The issuance will encompass 'eligible securities' which may include equity shares or non-convertible debt instruments coupled with warrants. This move is designed as an enabling resolution, providing the management with the necessary mandate to appoint merchant bankers, legal advisors, and other intermediaries to facilitate the transaction.
The final terms, including the issue price and the specific objects of the capital raise, will be determined by the Board and the Audit Committee prior to the formal launch.
Financial and Market Context
The proposed fundraise of ₹200 crore is substantial given the company's current market capitalization of approximately ₹137.54 crore. Bodhi Tree Multimedia reported a TTM revenue of ₹127.48 crore and a TTM net profit of ₹7.48 crore. While the company has shown strong annual revenue growth of 31.97%, recent quarterly figures indicate a decline in net profit by 34.5% year-on-year.
The company currently trades at a TTM P/E of 18.38, which is lower than the industry average of 35.71. Notably, promoter holdings stand at 24.27%, with 55.87% of those shares currently pledged.
Business Overview and Strategy
Operating within the Movies & Entertainment sector, Bodhi Tree Multimedia specializes in creating content for television, films, and digital platforms. The company has a history of producing scripted and non-scripted shows for major broadcasters and OTT services. This capital infusion arrives at a time when the Indian media landscape is seeing increased demand for high-quality digital content and regional expansion.
By securing institutional capital, the company positions itself to scale its production pipeline and potentially invest in new intellectual properties to drive long-term revenue growth in a competitive media environment.
Shareholder Approval and Next Steps
- The board approved convening an Extra-Ordinary General Meeting (EGM) to seek formal shareholder approval for the QIP.
- The EGM will be conducted through Video Conferencing or Other Audio-Visual Means in compliance with regulatory norms.
- Directors have been authorized to finalize the notice, including the meeting date, record date, and e-voting details.
- A Scrutinizer will be appointed to oversee the remote e-voting process for the proposed resolutions.
- Further disclosures regarding the specific utilization of proceeds will be made following the Audit Committee's review.
| Share price | ₹7.62 |
|---|---|
| Market capitalisation | ₹137.54 Cr |
| Revenue (annual) | ₹115.50 Cr |
| Net profit (annual) | ₹6.38 Cr |
| Revenue (latest quarter) | ₹30.10 Cr-13.90% vs previous quarter |
| Net profit (latest quarter) | ₹0.63 Cr-66.25% vs previous quarter |
| P/E (TTM) | 18.38×Sector 27.12× |
| Promoter holding | 24.27%0.00% QoQ |
| FII holding | 0.39%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Bodhi Tree Multimedia Ltd announcing the board's approval for a fundraise of up to ₹200 crore via QIP. Market figures from a third-party data provider.
