The IPO of Identical Brains Studios, valued at Rs 19.95 crores, is being offered through a book-built issue. A total of 36.94 lakh shares are being freshly issued as part of this IPO.
The subscription window for Identical Brains Studios IPO is set to open on December 18, 2024, and will close on December 20, 2024. The finalization of the allotment is expected to occur on Monday, December 23, 2024. The listing of the IPO on NSE SME is tentatively scheduled for Thursday, December 26, 2024.
The price band for the IPO has been set between ₹51 and ₹54 per share. A minimum application of 2,000 shares has been stipulated. Retail investors are required to make a minimum investment of ₹108,000, while HNIs are required to invest in a minimum of 2 lots (4,000 shares) amounting to ₹216,000.
Get the Identical Brains Studios IPO DRHP for detailed information.
| IPO Date | December 18, 2024 to December 20, 2024 |
| Listing Date | December 26, 2024 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 51 to ₹ 54 / Share |
| Lot Size | 2000 Shares |
| Total Issue Size | ₹19.95 Cr |
| Fresh Issue | ₹19.95 Cr |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 1,03,31,958 |
| Share holding post issue | 1,40,25,958 |
| Market Maker portion | 1,86,000 shares |
Identical Brains Studios Limited IPO opens on December 18, 2024, and closes on December 20, 2024.
| IPO Open Date | December 18, 2024 |
| IPO Close Date | December 20, 2024 |
| Basis of Allotment | December 23, 2024 |
| Initiation of Refunds | December 24, 2024 |
| Credit of Shares to Demat | December 24, 2024 |
| Listing Date | December 26, 2024 |
| Cut-off time for UPI mandate confirmation | December 20, 2024 |
A minimum bid of 2,000 shares and multiples thereof is allowed for investors. The table below illustrates the minimum and maximum investments by retail investors and HNIs, represented in terms of both shares and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | Rs.108,000 |
| Retail (Max) | 1 | 2,000 | Rs.108,000 |
| S-HNI (Min) | 2 | 4,000 | Rs.216,000 |
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) |
| Share Holding Pre Issue | 86.53% |
| Share Holding Post Issue |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50% of the Net Issue |
|
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35% of the Net Issue |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Established in 2019, Identical Brains Studios Limited is engaged in offering computer-generated visual effects (VFX) services. VFX services are provided by the company for various projects, including films, web series, TV series, documentaries, and commercials.
VFX services rendered by the company have been associated with films that earned nominations for two Filmfare OTT Awards, one Filmfare Award, one Dadasaheb Phalke Award, and more in the category of Best Visual Effects.
Recognition has been received by the company for its work, including two Filmfare OTT Awards for Best Visual Effects for Scam 1992: The Harshad Mehta Story (2020) and Rocket Boys (2022), in collaboration with Variate Studios LLP, and one Dadasaheb Phalke Award for Phone Bhoot (2022) in the Best Visual Effects category.
| KPI | Values |
|---|---|
| ROE | 71.66% |
| ROCE | 103.52% |
| Debt/Equity | 0.02 |
| RoNW | 44.42% |
| P/BV | 4.64 |
| PAT Margin (%) | 26.62 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.18 | |
| P/E (x) | 9.85 |
The Net Proceeds from the Issue are proposed to be utilized for the following purposes:
Identical Brains Studios Limited 802, 803 and 804, Crescent Royale, Veera Desai Road, off. New Link Road, Oshiwara, Andheri, Mumbai - 400 053, Phone: 022 - 6894 3898 Email: investor@identicalbrains.com Website: https://identicalbrains.com/ |
Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
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