Identical Brains Studios IPO is set to open on December 18, 2024, and will close on December 20, 2024. The Identical Brains Studios IPO is a Book Built Issue, aiming to raise approximately ₹19.95 crores. This includes a fresh issue of ₹19.95 crores and an offer for sale of up to [.] equity shares. The face value of each share is ₹10.
Identical Brains Studios IPO Price band is set between ₹51 to ₹54 per share. The quota allocation is 35% for Retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for Non-Institutional Investors (HNI). Identical Brains Studios IPO is scheduled to list on NSE on December 26, 2024, with the allotment announcement on December 23, 2024.
The company reported revenue of ₹20.09 crores in 2024, compared to ₹8.04 crores in 2023. It posted a Profit of ₹5.35 crores in 2024, compared to a Profit of ₹1.61 crores in 2023. Based on the financials, IPO investors are advised to apply for the IPO for gains in the long term.
- Identical Brains Studios IPO Details
- Identical Brains Studios IPO Market Lot
- Identical Brains Studios IPO Dates
- About Identical Brains Studios
- Promoters of Identical Brains Studios
- Identical Brains Studios Financial Report
- Key Performance Indicator
- Peer Group Comparison
- Objective of the Issue
- Identical Brains Studios IPO GMP (Grey Market Premium)
- Identical Brains Studios Subscription Status
- Identical Brains Studios Allotment Status
- IPO Registrar
- IPO Lead Managers
- Identical Brains Studios Contact
- FAQs
Identical Brains Studios IPO Details
| Overview Points | Description |
|---|---|
| Company Name | Identical Brains Studios Limited |
| Industry | Entertainment and Media |
| IPO Issue Type | Book Built Issue |
| Open Date | December 18, 2024 |
| Close Date | December 20, 2024 |
| Total Issue Size | Approx ₹19.95 Crores |
| Fresh Issue | Approx ₹19.95 Crores |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹51 to ₹54 Per Share |
| Listing on | NSE SME |
| Lot Size | 2000 Shares Per Lot |
| Offer for Sale | Approx [.] Equity Shares |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Identical Brains Studios IPO Market Lot
Identical Brains Studios IPO has a minimum lot size of 2000 shares, with an amount of ₹1,08,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2,000 | ₹1,08,000 |
| Retail Maximum | 1 | 2,000 | ₹1,08,000 |
| S-HNI Minimum | 2 | 4,000 | ₹2,16,000 |
Identical Brains Studios IPO Dates
Identical Brains Studios IPO opens on December 18, 2024, and closes on December 20, 2024. The allotment will be announced on December 23, 2024, and the IPO will be listed on December 26, 2024.
| Event | Date |
|---|---|
| IPO Open Date | December 18, 2024 |
| IPO Close Date | December 20, 2024 |
| Basis of Allotment | December 23 2024 |
| Refunds | December 24, 2024 |
| Credit to Demat Account | December 24, 2024 |
| IPO Listing Date | December 26, 2024 |
About Identical Brains Studios
Identical Brains Studios, established in 2019, specializes in creating high-quality computer-generated visual effects (VFX) and imagery (CGI) for films, TV shows, web series, documentaries, and commercials. Certified by the Trusted Partner Network (TPN), the studio adheres to top-tier security and industry standards. It also excels in applications like architectural visualization and educational content development.
The studio offers a diverse range of services, including rotoscoping, paint and cleanup, 2D/3D compositing, CGI, camera tracking, matte painting, 3D texturing, and motion graphics. Looking ahead, it plans to introduce advanced color grading and digital intermediate facilities. Upcoming projects include Tanaav 2 and Criminal Justice 4.
Additionally, Identical Brains Studios has secured approvals for projects with Disney+ Hotstar and Amazon. In FY 2024, the studio successfully completed two major projects worth ₹20 crore, alongside six medium-sized and 36 smaller projects totaling ₹2 crore.
Promoters of Identical Brains Studios
- Mr. Raghvendra Rai
- Mr. Sameer Rai
Identical Brains Studios Financial Report
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 1,702.39 | 475.50 | 226.38 |
| Revenue | 2,026.38 | 808.26 | 390.75 |
| Profit After Tax | 534.65 | 161.28 | 51.01 |
| Net Worth | 1,203.62 | 288.51 | 127.23 |
| Reserves and Surplus | 514.82 | 287.51 | 126.23 |
| Total Borrowing | 19.04 | NA | NA |
| Amount in ₹ Lakhs | |||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 71.66% |
| ROCE | 103.52% |
| EBITDA Margin | 37.92% |
| PAT Margin | 26.62% |
| Debt to equity ratio | 0.02 |
| Earning Per Share (EPS) | ₹5.18 (Basic) |
| Price/Earning P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 44.42% |
| Net Asset Value (NAV) | ₹11.65 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Prime Focus Limited | (0.01) | NA | (0.02) % | 52.32 | – Cr. |
| Digikore Studios Limited | 19.04 | 24.68 | 22.47% | 67.05 | – Cr. |
| Phantom Digital Effects Limited | 26.90 | 14.45 | 16.60% | 106.59 | – Cr. |
| Basilic Fly Studio Limited | 17.69 | 32.47 | 29.84% | 52.20 | – Cr. |
Objective of the Issue
- Funding capital expenditure for the renovation of the existing office and studio in Andheri.
- Allocating capital expenditure towards the establishment of a Colour Grading Digital Intermediate (DI) and Sound Studio at the new branch office in Andheri.
- Providing capital expenditure for the setup of a new branch office in Lucknow.
- Using capital expenditure to purchase computers, storage systems, and software to enhance the company’s existing facilities and offices.
- Addressing incremental working capital requirements.
- Allocating funds for general corporate purposes.
Identical Brains Studios IPO GMP (Grey Market Premium)
To check real-time Grey Market Premium (GMP on IPO) of Identical Brains Studios, please visit the IPO GMP page.
Identical Brains Studios Subscription Status
This IPO subscription kicks off on December 18, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Identical Brains Studios Allotment Status
To check the Identical Brains Studios IPO allotment status, visit the IPO register website Big Share or go to the IPO Allotment page.
IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
IPO Lead Managers
SOCRADAMUS CAPITAL PRIVATE LIMITED
Gala No. 303, Cama Industrial Estate,
Sun Mill Compound, Delisle Road, Lower Parel (West),
Mumbai – 400 013, Maharashtra, India
Phone: 022–4961 4235
Email: info@socradamus.in
Website: www.socradamus.in
Identical Brains Studios Contact
IDENTICAL BRAINS STUDIOS LIMITED
802, 803, and 804, Crescent Royale, Veera Desai Road,
off. New Link Road, Oshiwara, Andheri,
Mumbai – 400 053, Maharashtra, India
Phone: 022 – 6894 3898
E-mail: investor@identicalbrains.com
Website: www.identicalbrains.com
FAQs
What is the Identical Brains Studio’s IPO?
The Identical Brains Studio’s IPO is an SME IPO, through which the company aims to raise ₹19.95 crores. The issue price is set between ₹51 and ₹54 per equity share. The IPO will be listed on the NSE.
When will the Identical Brains Studio’s IPO open for subscription?
The IPO will open for subscription on December 18, 2024, for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors. The subscription period will close on December 20, 2024.
What is the Investor Portion for the Identical Brains Studio’s IPO?
The investor portion for the IPO is divided as follows: 50% for QIBs, 15% for NIIs, and 35% for Retail Investors.
How to Apply for the Identical Brains Studios IPO?
You can apply for the Identical Brains Studios IPO online through the ASBA facility via your bank account. Alternatively, you can apply via UPI through your stockbroker or by filling out an offline form with your stockbroker.
What is the Issue Size of the Identical Brains Studios IPO?
The issue size of the Identical Brains Studios IPO is ₹19.95 crores.
Note: Identical Brains Studio’s IPO price band and date have been officially announced. Identical Brains Studio’s IPO Grey Market Premium (GMP) will be added to the IPO GMP page as soon as it becomes available.
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