Identical Brains Studios IPO

Identical Brains Studios is an NSE SME IPO listed on the NSE SME platform, priced at ₹51–₹54 per share. The stock debuted at ₹95, delivering a listing gain of 75.9%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,08,000.

Identical Brains Studios Limited IPO

NSE SME Listed
₹1,08,000 (2000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Dec 18, 2024 – Dec 20, 2024
Price band
₹51-54 per equity share
Minimum Investment
₹1,08,000
Issue size
₹19.95 Cr
Lot size
2000
Allotment Date
Dec 23, 2024
Listing
Dec 26, 2024
Listing At
NSE SME

IPO timeline

  1. Dec 18, 2024

    Open Date

    Completed

  2. Dec 20, 2024

    Close Date

    Completed

  3. Dec 23, 2024

    Allotment Date

    Completed

  4. Dec 26, 2024

    Listing Date

    Completed

Identical Brains Studios IPO Essentials

Identical Brains Studios IPO Details

Identical Brains Studios IPO is priced at ₹51-54 per share with a total issue size of 19.95 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.

Issue price
₹51-54 per equity share
Lot size
2000 shares
Face value
₹10 Per Equity Share
Issue size
3,694,000 shares(aggregating up to ₹19.95 Cr)
Total issue size
36,94,000 shares
(aggregating up to ₹19.95 crore)
Fresh issue
36,94,000 shares
(aggregating up to ₹19.95 crore)
Listing at
NSE SME
List price
95.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Socradamus Capital Private Limited

Market Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 2000 ₹1,08,000
Retail(max) 1 2000 ₹1,08,000
NII (min) 2 4000 ₹2,16,000

Identical Brains Studios IPO Documents

Identical Brains Studios IPO Reservation

Identical Brains Studios IPO reservation details show category-wise allocation of shares. Out of the total 36,94,000 shares, approximately 19.06% are reserved for QIB, 14.29% for NII, 33.24% for retail investors, 5.04% for market maker, and 28.37% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 10,48,000 (28.37%)
Market Maker Shares Offered 1,86,000 (5.04%)
QIB Shares Offered 7,04,000 (19.06%)
NII (HNI) Shares Offered 5,28,000 (14.29%)
Retail Shares Offered 12,28,000 (33.24%)
Total Shares Offered 36,94,000 (100%)

Identical Brains Studios IPO Analytics

Identical Brains Studios IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Identical Brains Studios IPO Subscription Status

Identical Brains Studios IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 7,04,000 / 5,28,000 12,28,000 24,60,000
Day 1 18-12-24 06:00 PM
(2.61 / 22.43) x 49.46 x 30.25 x
Day 2 19-12-24 06:00 PM
(17.43 / 135.23) x 221.87 x 144.77 x
Day 3 20-12-24 06:00 PM
(187.36 / 1020.20) x 544.28 x 544.28 x

Identical Brains Studios Valuations

Earnings

EPS Pre IPO
₹5.17/-
EPS Post IPO
₹3.43/-
P/E Pre IPO
10.44
P/E Post IPO
15.74

Returns

ROE
71.66%
ROCE
103.52%
RoNW
44.42%
PAT Margin
26.62

Fundamentals

Debt / Equity
0.02
Price / Book
4.64

Data sourced from DRHP / RHP • For educational purposes only

Identical Brains Studios Financials( In Lakhs)

30-Sep-24 31-Mar-24 31-Mar-23 31-Mar-22
Assets 2,183.64 1,702.39 475.50 226.38
Revenue 1,149.62 2,026.38 808.26 390.75
Profit After Tax 240.54 534.65 161.28 51.01
Net Worth 1,436.08 1,203.62 288.51 127.23
Reserves & Surplus 402.89 514.82 287.51 126.23
Total Borrowing 17.09 19.04 N/A N/A

Identical Brains Studios Company & Offer Insights

About Identical Brains Studios

Identical Brains Studios Limited, a computer-generated visual effects company (VFX), was established in 2019. The company renders VFX services for films, web series, TV series, documentaries, and commercials.

The company's work on the films earned them two nominations at the Filmfare OTT Awards, one at the Filmfare Awards, one at the Dadasaheb Phalke Awards, and many more for Best Visual Effects.

The company has bagged two Filmfare OTT Awards for the Best Visual Effect for Scam 1992: The Harshad Mehta Story, 2020, and Rocket Boys, 2022 (in association with Variate Studios LLP) as well as a Dadasaheb Phalke Awards for Phone Bhoot, 2022 (Best Visual Effect).

Identical Brains Studios IPO Issue Objectives

Funding capital expenditure towards the renovation of the existing Andheri office and studio.
Funding capital expenditure towards establishment of Colour Grading Digital Intermediate (DI) and Sound Studio Set up a new branch office in Andheri.
Funding capital expenditure towards the establishment of a new branch office in Lucknow.
Funding capital expenditure for the purchase of computers, storage systems and software to further strengthen the existing facilities/offices of the company.
Funding our incremental working capital requirements
General corporate purposes.

Identical Brains Studios IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Identical Brains Studios Limited 5.18 N/A 11.65 9.85 44.42 4.64 Standalone
Prime Focus Ltd. -0.01 N/A 52.32 N/A -0.02 2.52 Standalone
Digikore Studios Limited 19.04 N/A 67.05 14.91 22.47 4.23 Standalone
Phantom Digital Effects Limited 26.9 N/A 106.59 10.04 16.6 2.53 Standalone
Basilic Fly Studio Limited 17.69 N/A 52.2 19.37 29.84 6.57 Standalone

Notes:

  1. P/E Ratio has been computed based on their respective closing market price on December 11, 2024, as divided by the Basic EPS as of March 31, 2024.
  2. CMP is the closing price or the last traded price of respective scripts as of December 11, 2024.

Contact Information

Contact Details

Identical Brains Studios

022 - 6894 3898

investor@identicalbrains.com

https://identicalbrains.com/

802, 803 and 804, Crescent Royale, Veera Desai Road, off. New Link Road, Oshiwara, Andheri, Mumbai - 400 053

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

Identical Brains Studios IPO is a book-built IPO worth ₹19.95 crore. The price band is ₹51–₹54 per share. The IPO opens on Dec 18, 2024 and closes on Dec 20, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The price band of Identical Brains Studios IPO is ₹51 to ₹54 per share.

The lot size of Identical Brains Studios IPO is 2000 shares.

The minimum investment for Identical Brains Studios IPO is approximately ₹1,08,000 based on the upper price band .

Identical Brains Studios IPO opens on Dec 18, 2024 and closes on Dec 20, 2024.

The allotment date of Identical Brains Studios IPO is Dec 23, 2024.

Identical Brains Studios IPO is expected to be listed on Dec 26, 2024, on NSE SME Platform.

Identical Brains Studios IPO valuation snapshot: P/E 15.74, EPS ₹3.43/-, P/B 4.64, RoNW 44.42%, and market cap N/A.

To apply for Identical Brains Studios IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Identical Brains Studios IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Identical Brains Studios IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Identical Brains Studios IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Identical Brains Studios IPO allotment status on IPO Ji for quick and easy access.