Digikore Studios Limited IPO Detail
Incorporated in 2000, Digikore Studios Limited is a visual effects studio that offers a full suite of visual effects services.
The company offers Visual Effects (VFX) services for Films, Web Series, TV Series, Documentaries, and Commercials. Some of the notable works of Digikore Studios include Thor: Love and Thunder, Black Panther: Wakanda Forever, Glass Onion: A Knives Out Mystery, Deadpool, Star Trek, Jumanji, Stranger Things, The Last Ship, Titanic, Gosht Rider: Spirit of Vengeance, Transformer: Age of Extinction, Crouching Tiger, Hidden Dragon: Sword of Destiny, etc.
Digikore Studios' clientele mainly comes from India, Australia, New Zealand, the US, and European markets.
The company recorded Rs. 3555.83 Lacs, Rs. 2488.39 Lacs, and Rs. 615.53 Lacs in Total Revenue in fiscal 2023, 2022, and 2021 respectively.
Company Promoters
Mr. Abhishek Rameshkumar More and M/s. Shree M P J Cement Works LLP.IPO Details
| IPO Opening Date | Sep 25, 2023 |
| IPO Closing Date | Sep 27, 2023 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹168 - 171 per equity share |
| Market Lot | 800 Shares |
| Min Order Quantity | 800 Shares |
| Listing At | NSE SME |
| Issue Size | ₹30.48 Cr |
| Fresh Issue | ₹21.56 Cr |
| Offer for Sale | ₹8.92 Cr |
| Retail Portion | 35% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 7.09x | - | - | 15.88x | 34.10x | 22.48x |
| Day 2 | 7.56x | - | - | 45.91x | 129.67x | 76.84x |
| Day 3 | 65.63x | - | - | 362.63x | 370.15x | 281.56x |
IPO Tentative Timetable
The Digikore Studios Limited IPO open date is Sep 25, 2023, and the close date is Sep 27, 2023. The issue may list on Oct 04, 2023.
| IPO Open Date | Sep 25, 2023 |
| IPO Close Date | Sep 27, 2023 |
| Basis of Allotment Date | Sep 30, 2023 |
| Initiation of Refunds | Oct 03, 2023 |
| Credit of Shares to Demat Account | Oct 03, 2023 |
| IPO Listing Date | Oct 04, 2023 |
IPO Lot Size
The Digikore Studios Limited IPO market lot size is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹136800).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 800 | ₹136800 |
| Maximum | 1 | 800 | ₹136800 |
IPO Promoter Holding
| Pre Issue Share Holding | 93.38% |
| Post Issue Share Holding | 66.55% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 797.83 | 615.53 | 1.80 |
| 31-Mar-22 | 825.24 | 2488.39 | 46.54 |
| 31-Mar-23 | 1932.41 | 3692.38 | 389.17 |
Objects of the Issue:
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Funding Working Capital requirements,
- General Corporate Purposes, and
- Offer Expenses.
Digikore Studios Limited IPO Registrar:
Bigshare Services Pvt Ltd
Digikore Studios Limited IPO Lead Manager(s):
Sarthi Capital Advisors Private Limited
Company Contact Information:
Digikore Studios Limited
C/o Poona Bottling Company Private Limited.,
410/1, 411/2, Mumbai Pune Road,
Dapodi, Pune - 411012
