Identical Brains Studios Limited IPO
NSE SMEListed On: Dec 26, 2024 at ₹ 95.0
₹ 216000 /4000 Shares
*Min Investment
18 Dec, 2024
Open Date20 Dec, 2024
Close Date23 Dec, 2024
Allotment Date26 Dec, 2024
Listing DateIdentical Brains Studios IPO Issue Details
- Issue Price ₹51-54 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 36,94,000 shares(aggregating up to ₹19.95 crore)
- Fresh Share 36,94,000 shares(aggregating up to ₹19.95 crore)
- Listing at NSE SME
- List Price 95.0
- Listing Date 2024-12-26
- Lead Manager Socradamus Capital Private Limited
- Registrar Bigshare Services Pvt Ltd
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 Reservation
Identical Brains Studios IPO offers total 36,94,000 shares. Out of which 7,04,000 (19.06%) allocated to QIB, 5,28,000 (14.29%) allocated to NII,12,28,000 (33.24%) allocated to RII, NA (NA%) allocated to employees and 10,48,000 (28.37%) allocated to 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 Documents
Identical Brains Studios IPO Details
Identical Brains Studios Limited IPO is an SME IPO, priced at ₹51-54 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 36,94,000 equity shares, aggregating up to ₹19.95 crores..
The IPO bidding window is open from Dec 18, 2024 to Dec 20, 2024. The allotment is expected to be finalized on Dec 23, 2024, and the tentative listing date is Dec 26, 2024.
The minimum lot size for Retail investors is 2000 shares, with a minimum investment of ₹1,08,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,16,000.
Socradamus Capital Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Rikhav Securities Limited will act as the market maker for this issue.
Identical Brains Studios IPO Subscription Analysis And Details
| 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
Identical Brains Studios Company Financials
| 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 |
About Identical Brains Studios Company
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 - Promoter(s)
Pre Issue Share Holding : 86.53%
Post Issue Share Holding : %
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:
- 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.
- CMP is the closing price or the last traded price of respective scripts as of December 11, 2024.
Contact Details
Identical Brains Studios
802, 803 and 804, Crescent Royale, Veera Desai Road, off. New Link Road, Oshiwara, Andheri, Mumbai - 400 053
022 - 6894 3898
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Identical Brains Studios IPO - FAQs
Ans. Identical Brains Studios Limited IPO is a SME IPO. The issue is priced at ₹51-54 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Dec 18, 2024, and closes on Dec 20, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Identical Brains Studios Limited IPO opens on Dec 18, 2024 and closes on Dec 20, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Identical Brains Studios Limited IPO is 3,694,000 shares(aggregating up to ₹19.95 Cr).
Ans. The Identical Brains Studios Limited IPO price band is set between ₹51-54 per equity share.
Ans. To apply for Identical Brains Studios Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Identical Brains Studios Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Identical Brains Studios Limited IPO is Dec 23, 2024.
Ans. The Identical Brains Studios Limited IPO will be listed on Dec 26, 2024.
Ans. Follow the steps to check the Identical Brains Studios Limited IPO allotment status online.
