IPO

Picture Post Studios Limited IPO

NSE SME

Listed On: Aug 9, 2024 at ₹ 30.0

₹ 288000 /12000 Shares
*Min Investment

Check Allotment

02 Aug, 2024

Open Date

06 Aug, 2024

Close Date

07 Aug, 2024

Allotment Date

09 Aug, 2024

Listing Date
Picture Post Studios Limited IPO Issue Details
  • Issue Price ₹22-24 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 78,00,000 shares(aggregating up to ₹18.72 crore)
  • Fresh Share 78,00,000 shares(aggregating up to ₹18.72 crore)
  • Listing at NSE SME
  • List Price 30.0
  • Listing Date 2024-08-09
  • Lead Manager Shreni Shares Limited
  • Registrar Bigshare Services Pvt Ltd
Market Lot Size

Investors can bid for a minimum of 6000 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.

ApplicationLotsSharesAmount
Retail (min)16000₹1,44,000
Retail(max)16000₹1,44,000
NII (min) 212000₹2,88,000
Picture Post Studios Limited IPO Reservation

Picture Post Studios Limited IPO offers total 78,00,000 shares. Out of which 14,82,000 (19%) allocated to QIB, 11,16,000 (14.31%) allocated to NII,25,98,000 (33.31%) allocated to RII, NA (NA%) allocated to employees and 22,08,000 (28.31%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered22,08,000 (28.31%)
Market Maker Shares Offered3,96,000 (5.08%)
QIB Shares Offered14,82,000 (19%)
NII (HNI) Shares Offered11,16,000 (14.31%)
Retail Shares Offered25,98,000 (33.31%)
Total Shares Offered78,00,000 (100%)
Picture Post Studios Limited IPO Documents
DRHP
RHP
Picture Post Studios Limited IPO Details


Picture Post Studios Limited IPO is an SME IPO, priced at ₹22-24 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 78,00,000 equity shares, aggregating up to ₹18.72 crores..

The IPO bidding window is open from Aug 2, 2024 to Aug 6, 2024. The allotment is expected to be finalized on Aug 7, 2024, and the tentative listing date is Aug 9, 2024.

The minimum lot size for retail investors is 6000 shares, with a minimum investment of ₹1,44,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,88,000.

Shreni Shares Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Shreni Shares Limited will act as the market maker for this issue.

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Picture Post Studios Limited IPO Subscription Analysis And Details
Retail
308.09x
Total
266.67x
As onQIB / NIIRetailTotal
Shares Offered / Reserved1,482,000 / 1,116,0002,598,0005,196,000
Day 1 02-08-24 06:00 PM
0.00 / 3.94 x10.79 x6.24 x
Day 2 05-08-24 06:00 PM
0.00 / 47.84 x97.71 x59.13 x
Day 3 06-08-24 06:00 PM
101.13/ 390.02 x308.09 x266.67 x
Total No of Applications
1,33,402
Picture Post Studios Limited Valuations
EPS Pre IPO ₹1.6/-
EPS Post IPO ₹1.17/-
P/E Pre IPO 15.02
P/E Post IPO 20.47
ROE 68.03%
ROCE 26.75%
Debt/Equity 0.79
RoNW 55.64%
PAT Margin 13.29
Price to Book Value 7.36
Picture Post Studios Limited Company Financials
In Lakhs
In Lakh
31-Mar-2431-Mar-2331-Mar-22
Assets2,832.99843.801.95
Revenue2,654.741,085.3529.00
Profit After Tax343.5659.9721.69
About Picture Post Studios Limited Company

In the year 2019, Picture Post Studios Limited is an established movie editing and CGI, VFX, video conversion, grading, and mastering film and commercials for multi-channels and digital platforms.This is an entertainment company that offers a whole range of services. It specializes in visual effects, post-production, color grading, motion design, and creating captivating visual experiences for global audiences.

The services include:
Offline Editing Services
Computer Generated Imagery (CGI)
Mastering and Quality Check
Visual Effects (VFX)
Color Grading
Creative Editoria

Being a VFX studio, they offer the entire range of visual effects services. The production team is responsible for the work and the artists create quality VFX on software, hardware, and proprietary tools for Web Series, Commercials, Music Videos, and Films.

Studio location of the company is at Khar colony, Mumbai.The company has 105 employees as of April 30 2024.

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Picture Post Studios Limited - Promoter(s)

Mr. Parish Tekriwal, Mr. Shailendra Ishwardas Chandgotia, Ms. Pooja Shailendra Chandgothia, and Ms. Deepa Shailendra Chandgothia.

Pre Issue Share Holding : 93.02%

Post Issue Share Holding : 68.27%

Picture Post Studios Limited IPO - Issue Objectives
1

Funding of capital expenditure requirements of the company towards the purchase of equipment and Software

2

Repayment/prepayment of all or certain of our borrowings availed by the company

3

General corporate purposes.

Picture Post Studios Limited IPO - Peers Comparison
Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
Picture Post Studios Limited1.811.813.26N/A90.77.36Standalone
Phantom Digital Effects Limited15.9715.9737.9825.2365.4810.61Standalone
Prime Focus Ltd.-0.82-0.8252.34-171.59-1.552.69Standalone
Digikore Studios Limited34.0934.0947.214.46113.0410.44Standalone

Notes:

  1. The P/E Ratio has been computed based on the closing market price of equity shares on July 25, 2024, divided by the Basic EPS as on March 31, 2023.
  2. CMP is the closing prices or the last traded price of respective scripts as on July 25, 2024.
  3. The Issue Price determined by our Company in consultation with the Book Running Lead Manager is justified by our Company.
Contact Details

Picture Post Studios Limited

701, 7th Floor, Sapphire Building, Junction of S.V. Rd, Rd & 1st Rd, Khar (W), Khar Colony- Mumbai-400052

+91 9769199410

investors@picturepoststudio.com

http://www.picturepoststudio.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

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