Identical Brains Studios Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

18 Dec 2024

Close Date

20 Dec 2024

Allotment

23 Dec 2024

Listing Date

26 Dec 2024

Exchange

NSE SME

Price Band

₹54

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹54

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

36,94,000 shares (aggregating up to ₹19.95 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹108,000

1 lot

Pre-IPO Holding

1,03,31,958 shares

Promoters

Post-IPO Holding

1,40,25,958 shares

Promoters

P/E (Pre)

10.44x

P/E (Post)

15.74x

EPS (Pre)

₹5.17

EPS (Post)

₹3.43

UPI Deadline

2024-12-20

Mandate

Anchor AllotmentTue, 17 Dec 2024

Basis of AllotmentMon, 23 Dec 2024

Refund InitiationTue, 24 Dec 2024

Demat CreditTue, 24 Dec 2024

Listing DayThu, 26 Dec 2024

UPI Mandate Deadline2024-12-20

Sale TypeFresh Capital

Net Offer to Public35,08,000 shares (aggregating up to ₹18.94 Cr)

Market Maker Quota1,86,000 shares (aggregating up to ₹1.00 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Identical Brains Studios Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 20 Dec 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	186,000	—	₹1.00
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,694,000	100%	₹19.95

IPO Shares Offered

Identical Brains Studios Ltd IPO total issue size: ₹19.95 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	186,000	₹1.00	5.04%
Total	3,694,000	₹19.95	100.00%

* Based on upper price band ₹54 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹54.00

Upper Band

Min Investment

₹108,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹216,000
Retail (Max — 13 Lots)	13	26,000	₹1,404,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,512,000
B-HNI (Min — 68 Lots)	68	136,000	₹7,344,000

* Issue Price ₹54 × Lot Size 2,000 shares

IPO Schedule

Anchor

17 Dec 2024

✓ Done

IPO Open

18 Dec 2024

✓ Done

IPO Close

20 Dec 2024

✓ Done

Allotment

23 Dec 2024

✓ Done

Refunds

24 Dec 2024

✓ Done

Demat Credit

24 Dec 2024

✓ Done

Listing Day

26 Dec 2024

✓ Done

₹54.00

INR · NSE

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Issue ₹54.00 Live Price

About Identical Brains Studios Ltd

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 and industry relationships.

Objects of the Issue

Funding capital expenditure towards the renovation of the existing Andheri office and studio

Funding capital expenditure towards establishment of Colour Grading Digital Intermediate ("DI") and Sound Studio Set up a new branch office in Andheri.

Funding capital expenditure towards the establishment of a new branch office in Lucknow.

Funding capital expenditure for the purchase of computers, storage systems and software to further strengthen the existing facilities/offices of the company.

Funding our incremental working capital requirements; and

General corporate purposes.

Identical Brains Studios Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹808.3

31 Mar 2023

₹2,026.4

31 Mar 2024

₹1,149.6

30 Sep 2024

Profit After Tax (PAT)

₹161.3

31 Mar 2023

₹534.7

31 Mar 2024

₹240.5

30 Sep 2024

Particulars	30 Sep 2024	31 Mar 2024	31 Mar 2023
Revenue from Operations	1149.62	2026.38	808.26
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	240.54	534.65	161.28
Net Worth	1436.08	1203.62	288.51
Total Assets	2183.64	1702.39	475.50
Reserves & Surplus	402.89	514.82	287.51
Borrowings	17.09	19.04	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	26.62%	—	—

P/BV Ratio

4.64

RoE

71.66%

RoCE

103.52%

RoNW

44.42%

PAT Margin

26.62%

Debt/Equity

0.02

Issue Structure & Shareholding

Total Shares Offered36,94,000 (100.00%)

Net Offer to Public35,08,000 shares (aggregating up to ₹18.94 Cr)

Reserved for Market Maker1,86,000 shares (aggregating up to ₹1.00 Cr)

Pre-Issue Promoter Holding1,03,31,958 shares

Post-Issue Promoter Holding1,40,25,958 shares

P/BV Ratio4.64

RoE71.66%

RoCE103.52%

Debt / Equity0.02

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

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Book Running Lead Managers

Socradamus Capital Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Identical Brains Studios Ltd IPO subscribed? ▲

Identical Brains Studios Ltd IPO is subscribed 1.00 times by Dec 20, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Identical Brains Studios Ltd IPO retail subscription status? ▼

The Identical Brains Studios Ltd IPO retail category is subscribed 1.00 times as of 20 Dec 2024. The retail portion is oversubscribed.

How to subscribe Identical Brains Studios Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 18 Dec 2024 and closes 20 Dec 2024. Min investment: ₹108,000 (1 lot = 2,000 shares). UPI mandate: 2024-12-20.

How many times Identical Brains Studios Ltd IPO subscribed? ▼

The Identical Brains Studios Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Identical Brains Studios Ltd IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 23 Dec 2024. Refunds: on 24 Dec 2024.

When Identical Brains Studios Ltd IPO will be listed? ▼

The Identical Brains Studios Ltd IPO listing date is 26 Dec 2024, Thursday. Listed on: NSE SME. Issue price: ₹54. Estimated listing: ₹54. GMP: NIL.

When Identical Brains Studios Ltd IPO close? ▼

The Identical Brains Studios Ltd IPO closes on 20 Dec 2024, Friday. UPI mandate: 2024-12-20. Allotment: 23 Dec 2024. Listing: 26 Dec 2024.

Quick Actions

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Live Price LIVE

Last Price₹54.00

Change—

Issue Price₹54.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹54

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹108,000

GMPNIL

Est. Listing₹54

Subscribed1.00x

Open Date18 Dec 2024

Close Date20 Dec 2024

Allotment23 Dec 2024

Listing Date26 Dec 2024

ExchangeNSE SME

UPI Deadline2024-12-20