SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Saregama to acquire majority stake in Pocket Aces Pictures

29 Sep 2023 Evaluate

Saregama India is all set for majority acquisition in a fast-growing digital entertainment company Pocket Aces Pictures, that owns direct relationship with 95M+ younger digital-first customers across Instagram, YouTube etc. Saregama will acquire 51.8% shares for around Rs 174 crore with a clear path to further acquire another around 41% stake in next 15 months at pre-agreed multiples. The transaction is an all-cash deal.

This acquisition will further strengthen Saregama’s strategic ambition to take leadership position in New Music across all Indian languages. Acquiring Pocket Aces will add on a whole new dimension of IP and a distribution network of over 95 million followers, which Saregama will leverage to further popularize its music library among the 18-35 audience segment. It will also create synergies across the artiste & influencer management and long-format video creation businesses of the two companies.

Saregama India engaged in manufacturing, selling and dealing of gramophone records, radio receivers, radiograms, record players, record producers, pick-up cartridges, components and accessories thereof and other allied products.


Saregama India Share Price

344.55 0.95 (0.28%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
PVR 938.05
Saregama India 344.55
Shemaroo Entertain. 105.35
Balaji Telefilms 94.39
UFO Moviez 72.06
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×