Picturepost Studios IPO
IPO Listing Details
- Listing Date
09 Aug 2024
- Listing Price
₹ 30.00
- Listing Change
25.00%
- Last Traded Price
₹ 31.05
IPO Details
- Open Date
02 Aug 2024
- Close Date
06 Aug 2024
- IPO Price Range
₹ 22 to 24
- IPO Size
₹ 18.72 Cr
- Listing Exchange
NSE SME
- Listing Date
09 Aug 2024
IPO Timeline
Picturepost Studios IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 2-Aug-2024 | 0.00 | 3.91 | 10.61 | 6.15 |
| 5-Aug-2024 | 0.00 | 47.80 | 97.41 | 58.97 |
| 6-Aug-2024 | 101.19 | 389.67 | 308.09 | 266.60 |
Last Updated: 14 August 2024 9:51 AM by 5Paisa
Last Updated: 6th August 2024, 5:25 PM by 5paisa
Picture Post Studios IPO is set to open on 02 August 2024 and will close on 06 August 2024. The company specializes in film editing, CGI, VFX, video conversion, grading, and mastering films and commercials for a variety of channels and digital platforms.
The IPO includes a fresh issue of 78,00,000 shares aggregating up to ₹18.72 Cr. The price range is ₹22 to ₹24 per share and the lot size is 6000 shares.
The allotment is scheduled to be finalized on 07 August 2024. It will go public on NSE SME, with a tentative listing date of 09 August 2024.
Shreni Shares Limited is the book-running lead manager, while Bigshare Services Pvt Ltd is the registrar.
Objectives Of Picture Post Studios IPO
1. Funding of capital expenditure requirements towards the purchase of equipment and Software.
2. Repayment/prepayment of all or certain of our borrowings.
3. General corporate purposes.
IPO Size
| Types | Size (₹Cr) |
|---|---|
| Total IPO size | 18.72 |
| Offer for sale | - |
| Fresh issue | 18.72 |
IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | 1,44,000 |
| Retail (Max) | 1 | 6000 | 1,44,000 |
| HNI (Min) | 2 | 12000 | 2,88,000 |
IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.) |
|---|---|---|---|---|
| QIB | 101.19 | 14,82,000 | 14,99,58,000 | 359.90 |
| NII (HNI) | 389.67 | 11,16,000 | 43,48,68,000 | 1,043.68 |
| Retail | 308.09 | 25,98,000 | 80,04,12,000 | 1,920.99 |
| Total | 266.60 | 51,96,000 | 1,38,52,38,000 | 3,324.57 |
IPO Anchor Allocation
| Anchor Bid Date | 01 August 2024 |
| Shares Offered | 22,08,000 |
| Anchor portion Size (In ₹ Cr.) | 5.30 |
| Anchor lock-in period end date for 50% shares (30 Days) | 06 September 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | 05 November 2024 |
Picture Post Studios Limited, established in 2019, specializes in film editing, CGI, VFX, video conversion, grading, and mastering films and commercials for a variety of channels and digital platforms.
The firm provides a full range of services to the entertainment industry, including visual effects, post-production, color grading, motion design, and the development of exciting visual experiences for worldwide audiences.
Their services include offline editing, CGI, mastering and quality control, visual effects, color grading, and creative editorial work.
As a visual effects firm, they provide a wide range of services, with a production team directing the process and artists using advanced software, hardware, and proprietary tools to create great VFX for web series, commercials, music videos, and films.
The company's studio is in Khar Colony, Mumbai.
Peers
Phantom Digital Effects Limited
Prime Focus Limited
Digikore Studios Limited
For More Information
| Particulars (in Rs. Crores) | FY24 | FY23 | FY22 |
|---|---|---|---|
| Revenue | 26.55 | 10.85 | 0.29 |
| EBITDA | 6.14 | 1.08 | 0.22 |
| PAT | 3.44 | 0.60 | 0.22 |
| Particulars (in Rs. Crores) | FY24 | FY23 | FY22 |
|---|---|---|---|
| Total Assets | 28.33 | 8.44 | 0.02 |
| Share Capital | 2.15 | 1.13 | 0.01 |
| Total Borrowings | 8.18 | 2.73 | - |
| Particulars (in Rs. Crores) | FY24 | FY23 | FY22 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | 1.20 | -0.23 | 0.26 |
| Net Cash Generated From / (used in) investing activities | -6.93 | -2.87 | 0.27 |
| Net Cash Generated From / (used in) financing activities | 5.69 | 3.20 | 0.02 |
| Net Increase (Decrease) In Cash And Cash Equivalents | -0.04 | 0.09 | -0.01 |
Strengths
1. The company offers a wide range of services, including movie editing, CGI, VFX, video conversion, grading, and mastering.
3. Picture Post Studios can handle projects from start to finish, ensuring consistent quality and efficiency.
4. As a VFX studio, they have a dedicated team of artists and a production team.
5. The studio is well-positioned to attract high-profile projects and clients.
6. Picture Post Studios has a substantial and skilled workforce capable.
Risks
1. The entertainment and post-production industry is highly competitive, with numerous established players.
2. Rapid technological changes require continuous investment in new software and hardware to stay competitive.
3. The company's performance is closely tied to the health of the entertainment industry.
4. Reliance on project-based work can lead to fluctuating revenues and cash flow issues.
5. The company's success heavily depends on the expertise of its key personnel.
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FAQs
Picture Post Studios IPO opens from 2nd august to 6th August 2024.
The size of Picture Post Studios IPO is ₹18.72 Cr.
The price of Picture Post Studios IPO is fixed at ₹22 to ₹24 per share.
To apply for Picture Post Studios IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Picture Post Studios IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Picture Post Studios IPO is 6000 shares and the investment required is ₹1,44,000.
The share allotment date of Picture Post Studios IPO is 7th August 2024
The Picture Post Studios IPO will be listed on 9th August 2024.
Shreni Shares Limited is the book-running lead manager for Picture Post Studios IPO.
Picture Post Studios plans to utilize the raised capital from the IPO for:
1. Funding of capital expenditure requirements towards the purchase of equipment and Software.
2. Repayment/prepayment of all or certain of our borrowings.
3. General corporate purposes.
Contact Information
Picturepost Studios
Picture Post Studios Limited
701, 7th Floor, Sapphire Building,
Junction of S.V. Rd, Rd & 1st Rd,
Khar (W), Khar Colony- Mumbai-400052
Phone: +91 9769199410
Email: investors@picturepoststudio.com
Website: http://www.picturepoststudio.com/
Picturepost Studios IPO Register
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Picturepost Studios IPO Lead Manager
Shreni Shares Limited
