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Picture Post Studios IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Aug 02 to Aug 06 2024
Price Band ₹22 - 24
Current GMP ₹30(25.0%)
Subscription 266.60 times

IPO Details

IPO Date
August 2, 2024 to August 6, 2024
Listing Date
Friday, August 9, 2024
Face Value
₹1 per share
Price Band
₹22 to ₹24 per share
Lot Size
6000 Shares
Total Issue Size
7,800,000 shares (aggregating up to ₹18.72 Cr)
Fresh Issue
7,800,000 shares (aggregating up to ₹18.72 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
21,500,000
Share holding post issue
29,300,000
Market Maker portion
396,000 shares Shreni Shares

IPO Subscription Details

Anchor Investors
1
Market Maker
1
Qualified Institutions
101.19
Non-Institutional Buyers***
389.67
Retail Investors
308.09
Total **
266.60

Day Wise Sub

DayDay 1 Aug 2, 2024
QIB0.00
NII*3.94
Retail10.79
Total6.24
DayDay 2 Aug 5, 2024
QIB0.00
NII*47.84
Retail97.71
Total59.13
DayDay 3 Aug 6, 2024
QIB101.19
NII*389.67
Retail308.09
Total266.60

Day Wise GMP

Date09-08-2024
Price24.00
GMP6(25.0%)
Estimate List Price30
Date08-08-2024
Price24.00
GMP6(25.0%)
Estimate List Price30
Date07-08-2024
Price24.00
GMP6(25.0%)
Estimate List Price30
Date06-08-2024
Price24.00
GMP10(41.67%)
Estimate List Price34
Date05-08-2024
Price24.00
GMP10(41.67%)
Estimate List Price34
Date04-08-2024
Price24.00
GMP17(70.83%)
Estimate List Price41
Date03-08-2024
Price24.00
GMP17(70.83%)
Estimate List Price41
Date02-08-2024
Price24.00
GMP17(70.83%)
Estimate List Price41
Date01-08-2024
Price24.00
GMP17(70.83%)
Estimate List Price41
Date31-07-2024
Price24.00
GMP15(62.5%)
Estimate List Price39
Date30-07-2024
Price24.00
GMP10(41.67%)
Estimate List Price34
Date29-07-2024
Price24.00
GMP0(0.0%)
Estimate List Price24

IPO Important Dates

IPO Open Date
Friday, August 2, 2024
IPO Close Date
Tuesday, August 6, 2024
Basis of Allotment
Wednesday, August 7, 2024
Initiation of Refunds
Thursday, August 8, 2024
Credit of Shares to Demat
Thursday, August 8, 2024
Listing Date
Friday, August 9, 2024
Cut-off time for UPI mandate confirmation
5 PM on August 6, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares6000
Amount₹144,000
ApplicationRetail (Max)
Lots1
Shares6000
Amount₹144,000
ApplicationHNI (Min)
Lots2
Shares12,000
Amount₹288,000

Financial Information

Period EndedPeriod Ended
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Mar 20242,832.99
31 Mar 2023843.80
31 Mar 20221.95
Period EndedRevenue
31 Mar 20242,654.74
31 Mar 20231,085.35
31 Mar 202229.00
Period EndedProfit After Tax
31 Mar 2024343.56
31 Mar 202359.97
31 Mar 202221.69
Period EndedNet Worth
31 Mar 2024858.89
31 Mar 2023113.01
31 Mar 20221.45
Period EndedReserves and Surplus
31 Mar 2024485.01
31 Mar 2023
31 Mar 2022
Period EndedTotal Borrowing
31 Mar 2024817.69
31 Mar 2023273.40
31 Mar 2022

Key Performance Indicator

ROE
68.03%
ROCE
26.75%
Debt/Equity
0.79
RoNW
55.64%
P/BV
7.36
PAT Margin (%)
13.29
EPS (Rs)
1.6

IPO Reservation

Anchor Investor Shares Offered
2,208,000 (28.31%)
Market Maker Shares Offered
396,000 (5.08%)
QIB Shares Offered
1,482,000 (19.00%)
NII (HNI) Shares Offered
1,116,000 (14.31%)
Retail Shares Offered
2,598,000 (33.31%)
Total Shares Offered
7,800,000 (100%)

Information about company

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 Being 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.

Objectives of IPO

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.

Disclaimer

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