IPO Issue Details
Issue Price / Price Band₹24 per share (Fixed Price)
Face Value₹1 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size78,00,000 shares (aggregating up to ₹18.72 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 02 Aug 2024
Subscription CloseTue, 06 Aug 2024
Anchor AllotmentThu, 01 Aug 2024
Basis of AllotmentWed, 07 Aug 2024
Initiation of RefundsThu, 08 Aug 2024
Credit of Shares to DematThu, 08 Aug 2024
Listing DateFri, 09 Aug 2024
UPI Mandate Deadline2024-08-06
Application & Investment Details
Retail — Min (1 Lots)₹1,44,000 — 6,000 shares
Retail — Max (13 Lots)₹1,872,000 (13 Lots)
HNI — Min (2 Lots)₹2,88,000 — 12,000 shares
EPS (Pre-IPO)₹1.60
EPS (Post-IPO)₹1.17
P/E Ratio (Pre-IPO)15.02x
P/E Ratio (Post-IPO)20.47x
Net Offer to Public74,04,000 shares (aggregating up to ₹17.77 Cr)
Reserved for Market Maker3,96,000 shares (aggregating up to ₹0.9504 Cr)
Pre-IPO Promoter Holding2,15,00,000 shares
Post-IPO Promoter Holding2,93,00,000 shares
About Picturepost Studios Ltd.
Incorporated in 2019, Picture Post Studios Limited is a company that specializes in movie editing, computer-generated imagery (CGI), visual effects (VFX), video conversion, grading, and mastering films and commercials for various channels and digital platforms.The company offers a wide range of services for the entertainment industry. It specializes in visual effects, post-production, color grading, motion design, and creating captivating visual experiences for global audiences.The company offers the following servicesOffline Editing ServicesComputer Generated Imagery ("CGI")Mastering and Quality CheckVisual Effects (VFX)Color GradingCreative EditoriaBeing a VFX studio, they provide a wide range of visual effects services. The production team oversees the process, and the artists use software, hardware, and proprietary tools to create outstanding VFX for Web Series, Commercials, Music Videos, and Films.The company's studio is situated in Khar colony, Mumbai.As of April 30 2024, the company had 105 employees.
Objects of the Issue
Picturepost Studios Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
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.
Shareholding & Lock-in
Pre-IPO Promoter Holding
2,15,00,000 shares
Post-IPO Promoter Holding
2,93,00,000 shares