Chatterbox Technologies Ltd IPO
Status:
Overview
IPO date
25 Sept 2025 to 29 Sept 2025
Face value
₹ 0 per share
Price
₹ 110 to ₹115 per share
Issue Size
3,727,200 shares
(aggregating up to ₹ 42.86 Cr)
(aggregating up to ₹ 42.86 Cr)
Allotment Date
30 Sept 2025
Listing at
NSE
Issue type
Book Building - SME
Sector
Objectives of Chatterbox Technologies Ltd IPO
Chatterbox Technologies Ltd IPO Strategy
About Chatterbox Technologies Ltd
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T&C*
Strengths vs Risks of Chatterbox Technologies Ltd
Know the pros & cons
Strengths
Experienced Promoters and management team with strong industry expertise.- Strong relationships with Influencers and Customers.
- Specialised and Diversified service portfolio.
Risks
- Our Company, Promoters / directors and promoter group entities are involved in certain legal proceedings and potential litigations. Any adverse decision in such proceedings may render us/them liable to liabilities/penalties which may adversely affect our business, financial condition and results of operations.
- We propose to utilize a portion of our Net Proceeds towards setting up of an additional office cum in-house Studio at Mumbai. Any delay or failure in successfully setting up our in-house Studio may affect our business growth, thereby affecting our future business plans, business operations and financial conditions.
- In order to effectively manage its growth and/ or to successfully implement the company business plan and growth strategies, the company proposes to invest upto Rs. 1110.00 Lakhs towards the capital expenditure. In case there is delay or failure towards deploying of capital expenditure in a structured manner, it could have an adverse effect on its business, results of operations and financial condition.
- The company requires to continuously strength its brand visibility as an Influencer's and digital marketing and social media management company. If the company fails to ensure the same, the company revenue from operations shall decrease thereby effecting its overall business and financial condition.
- The cost of outsourcing the video shooting and/or renting the studio and equipment for video shooting leads to increase in the company operating expenditure. If the company is unable to reduce the above cost or find alternatives for outsourcing and/ or renting studio and equipment, then its cash flows and profitability shall be affected.
- The company business is working capital intensive. If its unable to fund the company working capital requirements, it may materially and adversely affect its business and results of operations.
- A significant portion of its revenue is derived from Western, Northern and Southern India and Southeast Asia . Any downturn and/ or any economic, regulatory, social and political change in any of these regions in which the company operate or seek to operate may affect the company market share and/ or may adversely affect its business, financial condition and results of operations.
- The company results of operations and its key business measures are subject to quarterly variations that could cause fluctuations in the company results of operations.
- The company does not own the Registered Office premises and the same are on lease arrangement. Any termination of such lease/license and/or non-renewal thereof and attachment by Property Owner could adversely affect its operations.
- The company Promoters and Directors, QYOU Media Inc. and Rajnandan Mishra plays key role in its functioning and the company heavily depends on their knowledge and experience in operating the company business and therefore, it is critical for its business that the company Promoters remain associated with it. The company success also depends on its key managerial personnel and the company ability to attract and retain them. Any loss of its key person could adversely affect the company business, operations and financial condition.
- In addition to normal remuneration or benefits and reimbursement of expenses, some of its directors, senior managerial personnel and key managerial personnel are interested in the Company to the extent of their shareholding and dividend entitlement in the Company.
- Its business is dependent on retaining the company existing influencers and adding new influencers who work exclusively through it. If The company fails to retain or add influencer, its business, revenue growth, results of operations, cash flows and financial condition may be materially and adversely affected.
- The company is dependent on a number of key employees, including its senior management but not limited to writers, graphic designers, editors and technicians etc and the loss of or its inability to attract or retain such persons with specialized technical know-how could adversely affect its business, results of operations, cash flows and financial condition.
- The company business and result of operations are dependent on relations with its existing customers and attracting new customers. Any loss of business from any one or more of its customers, may adversely affect the company revenues and profitability.
- Its inability to effectively manage the company growth or to successfully implement its business plan and growth strategies could have an adverse effect on its business, results of operations and financial condition. The success of the company business will depends greatly on its ability to effectively implement the company business and growth strategies.
- Its Corporate Promoter and Promoter Entities have objects similar to the Company. There are no non- compete agreements between the Company and its Corporate Promoter and Promoter Entities. The company cannot assure that its Individual Promoter will not favor the interests of such entity over its interest or that the said entities will not expand which may increase its competition and may adversely affect business operations and financial condition of the Company.
- The company has made application for registering of its various Intellectual Property rights with Trade Marks Registry, Mumbai. However, the same is under the process of examination. Any delay in granting registration could result in loss of company right to use the said Intellectual Property right.
- Its insurance coverage may not adequately protect the company against all material hazards and the policies does not cover all risks. In the event of the occurrence of such events, its insurance coverage may not adequately protect the company against possible risk of loss.
- The company relies on telecommunications and information technology systems, networks and infrastructure to operate its business and any interruption or breakdown or failures in such systems, networks or infrastructure or its technical systems or any cybersecurity breaches could impair the company ability to effectively provide its services and may lead to operational interruption, liabilities or reputational harm.
- The company might have to comply with certain obligations or industry standards regarding security, data protection, and privacy, and any failures to comply with these requirements might have an adverse effect on its reputation, business, financial condition and operating results.
- Its Customers may undertake their advertising projects, market research and data analysis functions inhouse and setting up dedicated departments to service their marketing needs, thus reducing its prospective customer base. This may adversely affect the company revenues and growth prospects.
- The company could become liable to customers, suffer adverse publicity and incur substantial costs as a result of defects in its services, which in turn could adversely affect the value of its brand, and the company sales could be diminished if its associated with negative publicity.
- The company operates in a competitive environment and face fair competition in its business from organized and unorganized players, which may adversely affect the company business operations and financial condition.
- Due to low entry barriers in the digital marketing and advertising industry, the company is constantly competing with new entrants providing niche services. If the company is unable to manage this competition, its may be unable to retain the company market share, reputation and revenues.
- The company business requires it to obtain and renew certain registrations, licenses and permits from government and regulatory authorities and the failure to obtain and renew them in a timely manner may adversely affect its business operations.
- Write-off of bad debts could result in the reduction of its profits and affect the company cash flows.
- The company encounter risks related to its export sale and risk related to the fluctuations in currency exchange rates.
- The company has in the past entered into related party transactions and may continue to do so in the future, which may potentially involve conflicts of interest with the equity shareholders.
- The Company had negative cash flow from operating activity in recent period/ fiscals, details of which are given below.
- The Company has allotted Equity Shares during the preceding one year from the date of the Draft Red Herring DRHP which are lower than the Issue Price.
- There were certain instances of delay/ default in payment of statutory dues by the Company in the past.
- The company has selected the Companies from the same sector in which its operate for "Peer Competitors - Comparison of Accounting Ratios" in Basis for Issue Price section, most of these listed Companies are very large compared to it and may have product portfolio larger than its.
- The company global operations expose it to numerous and sometimes conflicting legal and regulatory requirements, and violation of these regulations could harm its business.
- The company has not made any alternate arrangements for meeting its capital requirements for the Objects of the Offer. Further the company has not identified any alternate source of financing the `Objects of the Offer'. Any shortfall in raising / meeting the same could adversely affect its growth plans, operations, and financial performance.
- Its Promoters and members of the Promoter Group will continue to jointly retain majority control over the Company after the Issue, which will allow them to determine the outcome of matters submitted to shareholders for approval.
- The company has not made any dividend payments in the past and its ability to pay dividends in the future will depends upon future earnings, financial condition, cash flows, working capital requirements, capital expenditures and restrictive covenants in its financing arrangements.
- Any variation in the utilization of the Net Proceeds as disclosed in this DRHP shall be subject to certain compliance requirements, including prior Shareholders' approval.
- The company funding requirements and deployment of the Offer Proceeds are based on management estimates and have not been independently appraised by any bank or financial institution.
- The determination of the Price Band is based on various factors and assumptions and the Issue Price of the Equity Shares may not be indicative of the market price of the Equity Shares after the Issue.
- The Company's management will have flexibility in utilizing the Net Proceeds. There is no monitoring agency appointed by the Company and the deployment of funds is at the discretion of its Management and the company Board ofs Directors, though it shall be monitored by it Audit Committee.
- The company has not commissioned an industry report for the disclosures made in the chapter titled "Industry Overview" and made disclosures on the basis of the data available on the internet.
- The requirements of being a listed company may strain its resources.
- In order to effectively manage our growth and/ or to successfully implement our business plan and growth strategies, our company proposes to invest upto Rs. 1110.00 Lakhs towards the capital expenditure. In case there is delay or failure towards deploying of capital expenditure in a structured manner, it could have an adverse effect on our business, results of operations and financial condition.
- Our Company had negative cash flow from operating activity in recent period/ fiscals, details of which are given below.
- A significant portion of our revenue is derived from Western, Northern and Southern India and Southeast Asia. Any downturn and/ or any economic, regulatory, social and political change in any of these regions in which we operate or seek to operate may affect our market share and/ or may adversely affect our business, financial condition and results of operations.
- Our Company requires to continuously strength its brand visibility as an Influencer's and digital marketing and social media management company. If our company fails to ensure the same, we revenue from operations shall decrease thereby effecting our overall business and financial condition.
- The cost of outsourcing the video shooting and/or renting the studio and equipment for video shooting leads to increase in our operating expenditure. If we are unable to reduce the above cost or find alternatives for outsourcing and/ or renting studio and equipment, then our cash flows and profitability shall be affected.
- Our business is working capital intensive. If we are unable to fund our working capital requirement, it may materially and adversely affect our business and results of operations.
- We do not own the Registered Office premises and the same are on lease arrangement. Any termination of such lease/license and/or non-renewal thereof and attachment by Property Owner could adversely affect our operations.
- Our results of operations and our key business measures are subject to quarterly variations that could cause fluctuations in our results of operations.
- Our Promoters and Directors, QYOU Media Inc. and Rajnandan Mishra plays key role in our functioning and we heavily depend on their knowledge and experience in operating our business and therefore, it is critical for our business that our Promoters remain associated with us. Our success also depends on our key managerial personnel and our ability to attract and retain them. Any loss of our key person could adversely affect our business, operations and financial condition.
- Our company has made application for registering of our various Intellectual Property rights with Trade Marks Registry, Mumbai. However, the same is under the process of examination. Any delay in granting registration could result in loss of company`s right to use the said Intellectual Property right.
- In addition to normal remuneration or benefits and reimbursement of expenses, some of our directors, Senior Management Personnel and key managerial personnel are interested in our Company to the extent of their shareholding and dividend entitlement in our Company.
- We rely on telecommunications and information technology systems, networks and infrastructure to operate our business and any interruption or breakdown or failure in such systems, networks or infrastructure or our technical systems or any cybersecurity breaches could impair our ability to effectively provide our services and may lead to operational interruption, liabilities or reputational harm.
- Our business is dependent on retaining our existing influencers and adding new influencers who work exclusively through us. If we fail to retain or add influencer, our business, revenue growth, results of operations, cash flows and financial condition may be materially and adversely affected.
- We are dependent on a number of key employees, including our senior management but not limited to writers, graphic designers, editors and technicians etc and the loss of or our inability to attract or retain such persons with specialized technical know-how could adversely affect our business, results of operations, cash flows and financial condition.
- Our business and result of operations are dependent on relations with our existing customers and attracting new customers. Any loss of business from any one or more of our customers, may adversely affect our revenues and profitability.
- There were certain instances of delay/ default in payment of statutory dues by our Company in the past.
- We have selected the Companies from the same sector in which we operate for "Peer Competitors - Comparison of Accounting Ratios" in Basis for Issue Price section, most of these listed Companies are very large compared to us and may have product portfolio larger than ours.
- There are certain discrepancies/errors noticed in some of our corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013. Any penalty or action taken by any regulatory authorizes in future for non-compliance with provisions of corporate and other law could impact the financial position of the Company to that extent.
- Our inability to effectively manage our growth or to successfully implement our business plan and growth strategies could have an adverse effect on our business, results of operations and financial condition. The success of our business will depend greatly on our ability to effectively implement our business and growth strategies.
- Our Corporate Promoter and Promoter Entities have objects similar to our Company. There are no non- compete agreements between our Company and our Corporate Promoter and Promoter Entities. We cannot assure that our Individual Promoter will not favor the interests of such entity over our interest or that the said entities will not expand which may increase our competition and may adversely affect business operations and financial condition of our Company.
- Our insurance coverage may not adequately protect us against all material hazards and the policies do not cover all risks. In the event of the occurrence of such events, our insurance coverage may not adequately protect us against possible risk of loss.
- Restriction on our Merchant Banker/ Book Running Lead Manager from undertaking new assignments may create a perception risk and could impact investor confidence.
- We might have to comply with certain obligations or industry standards regarding security, data protection, and privacy, and any failure to comply with these requirements might have an adverse effect on our reputation, business, financial condition and operating results.
- Our Customers may undertake their advertising projects, market research and data analysis functions inhouse and setting up dedicated departments to service their marketing needs, thus reducing our prospective customer base. This may adversely affect our revenues and growth prospects.
- We could become liable to customers, suffer adverse publicity and incur substantial costs as a result of defects in our services, which in turn could adversely affect the value of our brand, and our sales could be diminished if we are associated with negative publicity.
- We operate in a competitive environment and face fair competition in our business from organized and unorganized players, which may adversely affect our business operations and financial condition.
- Due to low entry barriers in the digital marketing and advertising industry, we are constantly competing with new entrants providing niche services. If we are unable to manage this competition, we may be unable to retain our market share, reputation and revenues.
- Our business requires us to obtain and renew certain registrations, licenses and permits from government and regulatory authorities and the failure to obtain and renew them in a timely manner may adversely affect our business operations.
- Write-off of bad debts could result in the reduction of our profits and affect our cash flows.
- We encounter risks related to our export sale and risk related to the fluctuations in currency exchange rates.
- We have in the past entered into related party transactions and may continue to do so in the future, which may potentially involve conflicts of interest with the equity shareholders.
- There is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on the SME Platform of BSE Ltd. in a timely manner, or at all.
- Our Company has allotted Equity Shares during the preceding one year from the date of the Red Herring Prospectus which are lower than the Issue Price.
- Our global operations expose us to numerous and sometimes conflicting legal and regulatory requirements, and violation of these regulations could harm our business.
- We have not made any alternate arrangements for meeting our capital expenditure for the Objects of the Issue. Further we have not identified any alternate source of financing the `Objects of the Issue'. Any shortfall in raising / meeting the same could adversely affect our growth plans, operations, and financial performance.
- Our Promoters and members of the Promoter Group will continue to jointly retain majority control over our Company after the Issue, which will allow them to determine the outcome of matters submitted to shareholders for approval.
- We have not made any dividend payments in the past and our ability to pay dividends in the future will depend upon future earnings, financial condition, cash flows, working capital requirements, capital expenditures and restrictive covenants in our financing arrangements.
- Any variation in the utilization of the Net Proceeds as disclosed in this RHP shall be subject to certain compliance requirements, including prior Shareholders' approval.
- Our funding requirements and deployment of the Issue Proceeds are based on management estimates and have not been independently appraised by any bank or financial institution.
- The determination of the Price Band is based on various factors and assumptions and the Issue Price of the Equity Shares may not be indicative of the market price of the Equity Shares after the Issue.
- We have not commissioned an industry report for the disclosures made in the chapter titled "Industry Overview" and made disclosures on the basis of the data available on the internet.
- The requirements of being a listed company may strain our resources.
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The IPO opens on 25 Sept 2025 & closes on 29 Sept 2025.
Chatterbox Technologies Limited was incorporated as Chatterbox Technologies Private Limited on March 03, 2016 with the Registrar of Companies in Mumbai. The status of the Company was changed to Public Limited and the name of the Company was changed to Chatterbox Technologies Limited. The fresh Certificate of Incorporation was issued on December 04, 2024 by the Central Processing Centre.
Chtrbox is an influencer and marketing platform and agency in India, connecting brands/ products and social media influencers. Company is primarily engaged in providing digital and influencer marketing services, and social media management services.
Since 2016, the company has managed approximately thousand plus campaigns with approximately 500 Influencers and content creators to reach and engage large number of subscribers of social media platforms such as Instagram. Chtrbox use the latest technology like HypeAuditor with the strategy to build influencer content and campaigns mainly for marketing and brand building on social media platforms.
In 2018, it launched 'Chtrbox Represent' - a dedicated talent management division aimed at empowering India's emerging digital talent. In 2020, launched 'BharatBox' - India's first integrated marketing platform for Regional Creators.
In 2021, Company acquired Chatterbox by QYOU Media Inc., TSX Venture Exchange Listed Canadian Influencer Marketing Group for going global by Chtr International; launched 'Chtrsocial', a dedicated social media management and brand design wing in 2022.
Company came up with the IPO of 37,27,200 Equity Shares having the face value of Rs 10 each by raising Rs 42.86 Cr in September 2025.
Chatterbox Technologies Ltd IPO will close on 29 Sept 2025.
- Experienced Promoters and management team with strong industry expertise.
- Strong relationships with Influencers and Customers.
- Specialised and Diversified service portfolio.
| S.No | Promoters Name | Pre Issue Shares | Pre Issue Percentage | Post Issue Shares | Post Issue Percentage |
|---|---|---|---|---|---|
| 1 | Qyou Media Ink. | 7123707 | 68.39 | 7123707 | 50.37 |
| 2 | Rajnandan Mishra | 1417500 | 13.61 | 1417500 | 10.02 |
- Our Company, Promoters / directors and promoter group entities are involved in certain legal proceedings and potential litigations. Any adverse decision in such proceedings may render us/them liable to liabilities/penalties which may adversely affect our business, financial condition and results of operations.
- We propose to utilize a portion of our Net Proceeds towards setting up of an additional office cum in-house Studio at Mumbai. Any delay or failure in successfully setting up our in-house Studio may affect our business growth, thereby affecting our future business plans, business operations and financial conditions.
- In order to effectively manage its growth and/ or to successfully implement the company business plan and growth strategies, the company proposes to invest upto Rs. 1110.00 Lakhs towards the capital expenditure. In case there is delay or failure towards deploying of capital expenditure in a structured manner, it could have an adverse effect on its business, results of operations and financial condition.
- The company requires to continuously strength its brand visibility as an Influencer's and digital marketing and social media management company. If the company fails to ensure the same, the company revenue from operations shall decrease thereby effecting its overall business and financial condition.
- The cost of outsourcing the video shooting and/or renting the studio and equipment for video shooting leads to increase in the company operating expenditure. If the company is unable to reduce the above cost or find alternatives for outsourcing and/ or renting studio and equipment, then its cash flows and profitability shall be affected.
- The company business is working capital intensive. If its unable to fund the company working capital requirements, it may materially and adversely affect its business and results of operations.
- A significant portion of its revenue is derived from Western, Northern and Southern India and Southeast Asia . Any downturn and/ or any economic, regulatory, social and political change in any of these regions in which the company operate or seek to operate may affect the company market share and/ or may adversely affect its business, financial condition and results of operations.
- The company results of operations and its key business measures are subject to quarterly variations that could cause fluctuations in the company results of operations.
- The company does not own the Registered Office premises and the same are on lease arrangement. Any termination of such lease/license and/or non-renewal thereof and attachment by Property Owner could adversely affect its operations.
- The company Promoters and Directors, QYOU Media Inc. and Rajnandan Mishra plays key role in its functioning and the company heavily depends on their knowledge and experience in operating the company business and therefore, it is critical for its business that the company Promoters remain associated with it. The company success also depends on its key managerial personnel and the company ability to attract and retain them. Any loss of its key person could adversely affect the company business, operations and financial condition.
- In addition to normal remuneration or benefits and reimbursement of expenses, some of its directors, senior managerial personnel and key managerial personnel are interested in the Company to the extent of their shareholding and dividend entitlement in the Company.
- Its business is dependent on retaining the company existing influencers and adding new influencers who work exclusively through it. If The company fails to retain or add influencer, its business, revenue growth, results of operations, cash flows and financial condition may be materially and adversely affected.
- The company is dependent on a number of key employees, including its senior management but not limited to writers, graphic designers, editors and technicians etc and the loss of or its inability to attract or retain such persons with specialized technical know-how could adversely affect its business, results of operations, cash flows and financial condition.
- The company business and result of operations are dependent on relations with its existing customers and attracting new customers. Any loss of business from any one or more of its customers, may adversely affect the company revenues and profitability.
- Its inability to effectively manage the company growth or to successfully implement its business plan and growth strategies could have an adverse effect on its business, results of operations and financial condition. The success of the company business will depends greatly on its ability to effectively implement the company business and growth strategies.
- Its Corporate Promoter and Promoter Entities have objects similar to the Company. There are no non- compete agreements between the Company and its Corporate Promoter and Promoter Entities. The company cannot assure that its Individual Promoter will not favor the interests of such entity over its interest or that the said entities will not expand which may increase its competition and may adversely affect business operations and financial condition of the Company.
- The company has made application for registering of its various Intellectual Property rights with Trade Marks Registry, Mumbai. However, the same is under the process of examination. Any delay in granting registration could result in loss of company right to use the said Intellectual Property right.
- Its insurance coverage may not adequately protect the company against all material hazards and the policies does not cover all risks. In the event of the occurrence of such events, its insurance coverage may not adequately protect the company against possible risk of loss.
- The company relies on telecommunications and information technology systems, networks and infrastructure to operate its business and any interruption or breakdown or failures in such systems, networks or infrastructure or its technical systems or any cybersecurity breaches could impair the company ability to effectively provide its services and may lead to operational interruption, liabilities or reputational harm.
- The company might have to comply with certain obligations or industry standards regarding security, data protection, and privacy, and any failures to comply with these requirements might have an adverse effect on its reputation, business, financial condition and operating results.
- Its Customers may undertake their advertising projects, market research and data analysis functions inhouse and setting up dedicated departments to service their marketing needs, thus reducing its prospective customer base. This may adversely affect the company revenues and growth prospects.
- The company could become liable to customers, suffer adverse publicity and incur substantial costs as a result of defects in its services, which in turn could adversely affect the value of its brand, and the company sales could be diminished if its associated with negative publicity.
- The company operates in a competitive environment and face fair competition in its business from organized and unorganized players, which may adversely affect the company business operations and financial condition.
- Due to low entry barriers in the digital marketing and advertising industry, the company is constantly competing with new entrants providing niche services. If the company is unable to manage this competition, its may be unable to retain the company market share, reputation and revenues.
- The company business requires it to obtain and renew certain registrations, licenses and permits from government and regulatory authorities and the failure to obtain and renew them in a timely manner may adversely affect its business operations.
- Write-off of bad debts could result in the reduction of its profits and affect the company cash flows.
- The company encounter risks related to its export sale and risk related to the fluctuations in currency exchange rates.
- The company has in the past entered into related party transactions and may continue to do so in the future, which may potentially involve conflicts of interest with the equity shareholders.
- The Company had negative cash flow from operating activity in recent period/ fiscals, details of which are given below.
- The Company has allotted Equity Shares during the preceding one year from the date of the Draft Red Herring DRHP which are lower than the Issue Price.
- There were certain instances of delay/ default in payment of statutory dues by the Company in the past.
- The company has selected the Companies from the same sector in which its operate for "Peer Competitors - Comparison of Accounting Ratios" in Basis for Issue Price section, most of these listed Companies are very large compared to it and may have product portfolio larger than its.
- The company global operations expose it to numerous and sometimes conflicting legal and regulatory requirements, and violation of these regulations could harm its business.
- The company has not made any alternate arrangements for meeting its capital requirements for the Objects of the Offer. Further the company has not identified any alternate source of financing the `Objects of the Offer'. Any shortfall in raising / meeting the same could adversely affect its growth plans, operations, and financial performance.
- Its Promoters and members of the Promoter Group will continue to jointly retain majority control over the Company after the Issue, which will allow them to determine the outcome of matters submitted to shareholders for approval.
- The company has not made any dividend payments in the past and its ability to pay dividends in the future will depends upon future earnings, financial condition, cash flows, working capital requirements, capital expenditures and restrictive covenants in its financing arrangements.
- Any variation in the utilization of the Net Proceeds as disclosed in this DRHP shall be subject to certain compliance requirements, including prior Shareholders' approval.
- The company funding requirements and deployment of the Offer Proceeds are based on management estimates and have not been independently appraised by any bank or financial institution.
- The determination of the Price Band is based on various factors and assumptions and the Issue Price of the Equity Shares may not be indicative of the market price of the Equity Shares after the Issue.
- The Company's management will have flexibility in utilizing the Net Proceeds. There is no monitoring agency appointed by the Company and the deployment of funds is at the discretion of its Management and the company Board ofs Directors, though it shall be monitored by it Audit Committee.
- The company has not commissioned an industry report for the disclosures made in the chapter titled "Industry Overview" and made disclosures on the basis of the data available on the internet.
- The requirements of being a listed company may strain its resources.
- In order to effectively manage our growth and/ or to successfully implement our business plan and growth strategies, our company proposes to invest upto Rs. 1110.00 Lakhs towards the capital expenditure. In case there is delay or failure towards deploying of capital expenditure in a structured manner, it could have an adverse effect on our business, results of operations and financial condition.
- Our Company had negative cash flow from operating activity in recent period/ fiscals, details of which are given below.
- A significant portion of our revenue is derived from Western, Northern and Southern India and Southeast Asia. Any downturn and/ or any economic, regulatory, social and political change in any of these regions in which we operate or seek to operate may affect our market share and/ or may adversely affect our business, financial condition and results of operations.
- Our Company requires to continuously strength its brand visibility as an Influencer's and digital marketing and social media management company. If our company fails to ensure the same, we revenue from operations shall decrease thereby effecting our overall business and financial condition.
- The cost of outsourcing the video shooting and/or renting the studio and equipment for video shooting leads to increase in our operating expenditure. If we are unable to reduce the above cost or find alternatives for outsourcing and/ or renting studio and equipment, then our cash flows and profitability shall be affected.
- Our business is working capital intensive. If we are unable to fund our working capital requirement, it may materially and adversely affect our business and results of operations.
- We do not own the Registered Office premises and the same are on lease arrangement. Any termination of such lease/license and/or non-renewal thereof and attachment by Property Owner could adversely affect our operations.
- Our results of operations and our key business measures are subject to quarterly variations that could cause fluctuations in our results of operations.
- Our Promoters and Directors, QYOU Media Inc. and Rajnandan Mishra plays key role in our functioning and we heavily depend on their knowledge and experience in operating our business and therefore, it is critical for our business that our Promoters remain associated with us. Our success also depends on our key managerial personnel and our ability to attract and retain them. Any loss of our key person could adversely affect our business, operations and financial condition.
- Our company has made application for registering of our various Intellectual Property rights with Trade Marks Registry, Mumbai. However, the same is under the process of examination. Any delay in granting registration could result in loss of company`s right to use the said Intellectual Property right.
- In addition to normal remuneration or benefits and reimbursement of expenses, some of our directors, Senior Management Personnel and key managerial personnel are interested in our Company to the extent of their shareholding and dividend entitlement in our Company.
- We rely on telecommunications and information technology systems, networks and infrastructure to operate our business and any interruption or breakdown or failure in such systems, networks or infrastructure or our technical systems or any cybersecurity breaches could impair our ability to effectively provide our services and may lead to operational interruption, liabilities or reputational harm.
- Our business is dependent on retaining our existing influencers and adding new influencers who work exclusively through us. If we fail to retain or add influencer, our business, revenue growth, results of operations, cash flows and financial condition may be materially and adversely affected.
- We are dependent on a number of key employees, including our senior management but not limited to writers, graphic designers, editors and technicians etc and the loss of or our inability to attract or retain such persons with specialized technical know-how could adversely affect our business, results of operations, cash flows and financial condition.
- Our business and result of operations are dependent on relations with our existing customers and attracting new customers. Any loss of business from any one or more of our customers, may adversely affect our revenues and profitability.
- There were certain instances of delay/ default in payment of statutory dues by our Company in the past.
- We have selected the Companies from the same sector in which we operate for "Peer Competitors - Comparison of Accounting Ratios" in Basis for Issue Price section, most of these listed Companies are very large compared to us and may have product portfolio larger than ours.
- There are certain discrepancies/errors noticed in some of our corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013. Any penalty or action taken by any regulatory authorizes in future for non-compliance with provisions of corporate and other law could impact the financial position of the Company to that extent.
- Our inability to effectively manage our growth or to successfully implement our business plan and growth strategies could have an adverse effect on our business, results of operations and financial condition. The success of our business will depend greatly on our ability to effectively implement our business and growth strategies.
- Our Corporate Promoter and Promoter Entities have objects similar to our Company. There are no non- compete agreements between our Company and our Corporate Promoter and Promoter Entities. We cannot assure that our Individual Promoter will not favor the interests of such entity over our interest or that the said entities will not expand which may increase our competition and may adversely affect business operations and financial condition of our Company.
- Our insurance coverage may not adequately protect us against all material hazards and the policies do not cover all risks. In the event of the occurrence of such events, our insurance coverage may not adequately protect us against possible risk of loss.
- Restriction on our Merchant Banker/ Book Running Lead Manager from undertaking new assignments may create a perception risk and could impact investor confidence.
- We might have to comply with certain obligations or industry standards regarding security, data protection, and privacy, and any failure to comply with these requirements might have an adverse effect on our reputation, business, financial condition and operating results.
- Our Customers may undertake their advertising projects, market research and data analysis functions inhouse and setting up dedicated departments to service their marketing needs, thus reducing our prospective customer base. This may adversely affect our revenues and growth prospects.
- We could become liable to customers, suffer adverse publicity and incur substantial costs as a result of defects in our services, which in turn could adversely affect the value of our brand, and our sales could be diminished if we are associated with negative publicity.
- We operate in a competitive environment and face fair competition in our business from organized and unorganized players, which may adversely affect our business operations and financial condition.
- Due to low entry barriers in the digital marketing and advertising industry, we are constantly competing with new entrants providing niche services. If we are unable to manage this competition, we may be unable to retain our market share, reputation and revenues.
- Our business requires us to obtain and renew certain registrations, licenses and permits from government and regulatory authorities and the failure to obtain and renew them in a timely manner may adversely affect our business operations.
- Write-off of bad debts could result in the reduction of our profits and affect our cash flows.
- We encounter risks related to our export sale and risk related to the fluctuations in currency exchange rates.
- We have in the past entered into related party transactions and may continue to do so in the future, which may potentially involve conflicts of interest with the equity shareholders.
- There is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on the SME Platform of BSE Ltd. in a timely manner, or at all.
- Our Company has allotted Equity Shares during the preceding one year from the date of the Red Herring Prospectus which are lower than the Issue Price.
- Our global operations expose us to numerous and sometimes conflicting legal and regulatory requirements, and violation of these regulations could harm our business.
- We have not made any alternate arrangements for meeting our capital expenditure for the Objects of the Issue. Further we have not identified any alternate source of financing the `Objects of the Issue'. Any shortfall in raising / meeting the same could adversely affect our growth plans, operations, and financial performance.
- Our Promoters and members of the Promoter Group will continue to jointly retain majority control over our Company after the Issue, which will allow them to determine the outcome of matters submitted to shareholders for approval.
- We have not made any dividend payments in the past and our ability to pay dividends in the future will depend upon future earnings, financial condition, cash flows, working capital requirements, capital expenditures and restrictive covenants in our financing arrangements.
- Any variation in the utilization of the Net Proceeds as disclosed in this RHP shall be subject to certain compliance requirements, including prior Shareholders' approval.
- Our funding requirements and deployment of the Issue Proceeds are based on management estimates and have not been independently appraised by any bank or financial institution.
- The determination of the Price Band is based on various factors and assumptions and the Issue Price of the Equity Shares may not be indicative of the market price of the Equity Shares after the Issue.
- We have not commissioned an industry report for the disclosures made in the chapter titled "Industry Overview" and made disclosures on the basis of the data available on the internet.
- The requirements of being a listed company may strain our resources.
The Issue type of Chatterbox Technologies Ltd is Book Building - SME.
The minimum application for shares of Chatterbox Technologies Ltd is 2400.
The total shares issue of Chatterbox Technologies Ltd is 3727200.
Initial public offer of up to 37,27,200 equity shares of face value of Rs. 10/- each ("Equity Shares") of Chatterbox Technologies Limited ( "Company" or The "Issuer") for cash at a price of Rs. 115 per equity share ( Including a Share Premium of Rs. 105w per equity share ) ("Issue Price"), aggregating up to Rs. 42.86 crores comprising a fresh issue of up to 37,27,200 equity shares aggregating up to Rs. 42.86 crores by the company ( ''Fresh Issue'' ) of which 1,87,200 equity shares aggregating to Rs. 2.15 Crore will be reserved for subscription by market maker to the offer ( The '' Market Maker Reservation Portion'' ). the issue, less market maker reservation, i.e. net issue 35,40,000 equity shares of face value of Rs. 10 each at price of Rs. 115 per equity share aggregating to Rs. 40.71 Crore is herein after referred to as the '' Net Issue ''. the issue and net issue will constitute 26.35% and 25.03% respectively of the post-issue paid-up equity share capital of the company.
Price Band: Rs. 110/- to Rs. 115/- for equity share of face value of Rs. 10 each.
The floor price is 11.0 times times the face value and cap price is 11.50 times of the face value of the equity shares.
Bids can made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.