Picture Post Studios Limited IPO Detail
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 services
- Offline Editing Services
- Computer Generated Imagery ("CGI")
- Mastering and Quality Check
- Visual Effects (VFX)
- Color Grading
- Creative Editoria
Company Promoters
The company's promoters are Mr. Parish Tekriwal, Mr. Shailendra Ishwardas Chandgotia, Ms. Pooja Shailendra Chandgothia, and Ms. Deepa Shailendra Chandgothia.IPO Details
| IPO Opening Date | Aug 02, 2024 |
| IPO Closing Date | Aug 06, 2024 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹22 - 24 per equity share |
| Market Lot | 6000 Shares |
| Min Order Quantity | 6000 Shares |
| Listing At | NSE SME |
| Issue Size | ₹18.72 Cr |
| Fresh Issue | 7,800,000 shares (aggregating up to ₹18.72 Cr) |
| Offer for Sale | - |
| Retail Portion | 35% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 0.00x | 0.00x | 0.00x | 3.94x | 10.79x | 6.24x |
| Day 2 | 0.00x | 0.00x | 0.00x | 47.84x | 97.71x | 59.13x |
| Day 3 | 101.19x | 0.00x | 0.00x | 389.67x | 308.09x | 266.60x |
IPO Tentative Timetable
The Picture Post Studios Limited IPO open date is Aug 02, 2024, and the close date is Aug 06, 2024. The issue may list on Aug 09, 2024.
| IPO Open Date | Aug 02, 2024 |
| IPO Close Date | Aug 06, 2024 |
| Basis of Allotment Date | Aug 07, 2024 |
| Initiation of Refunds | Aug 08, 2024 |
| Credit of Shares to Demat Account | Aug 08, 2024 |
| IPO Listing Date | Aug 09, 2024 |
IPO Lot Size
The Picture Post Studios Limited IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹144000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 6000 | ₹144000 |
| Maximum | 1 | 6000 | ₹144000 |
IPO Promoter Holding
| Pre Issue Share Holding | 93.02% |
| Post Issue Share Holding | 68.27% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-24 | 2832.99 | 2654.74 | 343.56 |
| 31-Mar-23 | 843.80 | 1085.35 | 59.97 |
| 31-Mar-22 | 1.95 | 29.00 | 21.69 |
Objects of the Issue:
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Funding of capital expenditure requirements of the company towards the purchase of equipment and Software;
- Repayment/prepayment of all or certain of our borrowings availed by the company;
- General corporate purposes.
Picture Post Studios Limited IPO Registrar:
Bigshare Services Pvt Ltd
Picture Post Studios Limited IPO Lead Manager(s):
Shreni Shares Limited
Company Contact Information:
Picture Post Studios Limited
701, 7th Floor, Sapphire Building, Junction of S.V. Rd, Rd & 1st Rd, Khar
Khar Colony
Mumbai
