Mumbai: Net Pix Shorts Digital Media Limited became the seventh company to get listed on the BSE Startups Platform on December 2, 2020. On December 22, 2018, BSE had become the first stock exchange to get the approval from SEBI and launch its Startups platform.
Net Pix Shorts Digital Media Limited came out with an initial public offering of 900,000 Equity Shares of Rs.10/- Each (“Equity Shares”) for cash at a price of Rs. 30/- Per Equity Share (The “Offer Price”), aggregating to Rs. 270 lakh. The company has successfully completed its public issue on November 23, 2020.
Net Pix Shorts Digital Media Limited is a Maharashtra based company whose registered office is at Mumbai. Incorporated in 2019, The company is a technology-based entertainment company operating in the niche segment of online short film contents and publishing the same on various digital online portals and OTT platforms. Mumbai-based Aryaman Financial Services Ltd. was the lead manager for Net Pix Shorts Digital Media Limited.
The Six companies listed on BSE Startups Platform have raised Rs. 26.8 crore from the market and total market capitalization of these companies as on December 2, 2020, is 79.20 crore. BSE is the market leader in this segment with a market share of 100 per cent.