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Open
18 Dec 2024
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Close
20 Dec 2024
3
Allotment
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Listing
Thu, Dec 26, 2024
Price Band
₹51 to ₹54
Issue Size
36,94,000 shares (agg. up to ₹20 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Dec 26, 2024
Latest GMP
₹25
Est. Gain
46.3%
✦ AI Insight
GMP Trend
26-12-2024₹25Est. ₹79+46.3%
25-12-2024₹25Est. ₹79+46.3%
24-12-2024₹40Est. ₹94+74.07%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 380.24x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 21.84 | 17.02 | 4.76 | 2.26 |
| Total Income | 11.50 | 20.26 | 8.08 | 3.91 |
| Profit After Tax | 2.41 | 5.35 | 1.61 | 0.51 |
| NET Worth | 14.36 | 12.04 | 2.89 | 1.27 |
| Reserves and Surplus | 4.03 | 5.15 | 2.88 | 1.26 |
| Total Borrowing | 0.17 | 0.19 | ||
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Radiowalla Network Ltd. | SME | ₹14.25 Cr | ₹76 | 38.48 | ₹126.15 | +65.99% | ₹28.45 (+4.98%) |
| Maxposure Ltd. | SME | ₹20.26 Cr | ₹33 | 12.42 | ₹137.75 | +317.42% | ₹34.85 (-0.43%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure towards renovation of existing Andheri office and studio; | 0.52 |
| 2 | Funding capital expenditure towards establishment of Colour Grading Digital Intermediate (“DI”) and Sound Studio Set up at new branch office in Andheri; | 2.86 |
| 3 | Funding capital expenditure towards establishment of new branch office in Lucknow; | 0.76 |
| 4 | Funding capital expenditure for purchase of computers, storage systems and software to further strengthen the existing facilities/offices of the company; | 3.43 |
| 5 | Funding our incremental working capital requirements; and | 7.04 |
| 6 | General corporate purposes | 3.56 |
About Identical Brains Studios IPO
Incorporated in 2019, Identical Brains Studios Limited offers computer-generated visual effects ("VFX") services. The company provides VFX services for projects such as films, web series, TV series, documentaries, and commercials. The company has provided VFX services for films that received two Filmfare OTT Awards nominations, one Filmfare Awards nomination, one Dadasaheb Phalke Awards nomination and more for Best Visual Effects. The company has also won two Filmfare OTT Awards for Best Visual Effects for Scam 1992: The Harshad Mehta Story (2020) and Rocket Boys (2022) in association with Variate Studios LLP and one Dadasaheb Phalke Awards for Phone Bhoot (2022) for Best Visual Effect. Competitive Strengths: Operations in economically attractive locations. Integrated technology and infrastructure. Skilled creative and technical workforce. Reputation as a trusted provider of VFX Services with established relationships throughout the Entertainment Industry. Attractive business model, with significant revenue visibility and compelling opportunities for long-term margin expansion and cash flow generation. Experienced management team with managerial, creative and technical expertise an
Contact Details
Identical Brains Studios Ltd. Address802, 803 and 804, Crescent RoyaleVeera Desai Road, off.New Link RoadOshiwara, AndheriMumbai, Maharashtra, 400053022 - 6894 3898investor@identicalbrains.comVisit Website