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Ullu Digital files papers for Rs 135-150 crore IPO, biggest ever for an SME
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Ullu Digital, an over-the-top streaming platform, has filed draft papers with the BSE SME to raise fund through an initial public offering (IPO).
Sources said the company is looking to raise Rs 135-150 crore through the IPO, which will be purely a fresh issue of around 62.6 lakh shares.
If the approved, it will be the biggest ever SME IPO in terms of size.
The Spectrum Talent Management offer which raised Rs 105 crore is the largest IPO in the SME segment. Aashka Hospitals which garnered Rs 101.6 crore comes next, Baweja Studios (Rs 97 crore), Khazanchi Jewellers (Rs 97 crore) and Wise Travel India raised Rs 94.7 crore.
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Ullu banake alt balaji main merge karega
After recent ban of many competitors by Indian Govt stage seems to have been set for Ullu IPO.
Edit - BTW recently listed KP Green Engg is the largest SME IPO till date 189 odd crores.
I'll try my best to squander this IPO, immoral content sellers... let's see what I am... (never divulged, but something in central)
Ullu DHRP me kya likhega... ki hame last year itni B-grade movies banayi 😅 aur ab aur banaegnge.
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