Picturepost Studios IPO Details: The IPO for Picturepost Studios is set to take place from August 2 to August 6. This NSE SME IPO aims to raise ₹18.72 crores, with a price band set between ₹22 and ₹24 and a market lot consisting of 6,000 shares.
Founded in 2019, Picturepost Studios is a forward-thinking post-production company specializing in film editing, Computer Generated Imagery (CGI), visual effects (VFX), video conversion, grading, and mastering for films and commercial channels.
Picturepost Studios, staffed by a team of skilled professionals, provides a comprehensive array of services tailored to the diverse needs of the entertainment industry. The company excels in visual effects, handling everything from digital intermediates and visual effects to online editing. They focus on high-end color grading, motion design, and visual effects for films, web series, and advertisements. Dedicated to pushing creative boundaries and embracing innovation, Picturepost Studios consistently delivers state-of-the-art solutions that captivate global audiences.
Picturepost Studios IPO Objectives:
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.
Picturepost Studios IPO Review (Apply or Not)
- Update soon
Picturepost Studios IPO Date & Price Band Details:
| IPO Open: | August 2, 2024 |
| IPO Close: | August 6, 2024 |
| IPO Size: | Approx ₹18.72 Crores, 78,00,000 Equity Shares |
| Face Value: | ₹1 Per Equity Share |
| IPO Price Band: | ₹22 to ₹24 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Picturepost Studios IPO Lot Size:
The minimum market lot for the Picturepost Studios IPO is 6,000 shares, with an application amount of ₹144,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 6000 | ₹144,000 |
| Retail Maximum | 1 | 6000 | ₹144,000 |
| S-HNI Minimum | 2 | 12000 | ₹288,000 |
Picturepost Studios IPO Timeline:
The Picturepost Studios IPO will open on August 2 and close on August 6. The allotment date is scheduled for August 7, with a potential listing on August 9.
| IPO Open Date: | August 2, 2024 |
| IPO Close Date: | August 6, 2024 |
| Basis of Allotment: | August 7, 2024 |
| Refunds: | August 8, 2024 |
| Credit to Demat Account: | August 8, 2024 |
| IPO Listing Date: | August 9, 2024 |
Picturepost Studios IPO GMP Today:
GMP for Picture Post Studios SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.
Picturepost Studios Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹0.29 | ₹0.07 | ₹0.22 |
| 2023 | ₹10.85 | ₹9.99 | ₹0.60 |
| 2024 | ₹26.55 | ₹22.26 | ₹3.44 |
Picturepost Studios IPO Valuation – FY2024
Check Picturepost Studios IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹1.81 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 55.64% |
| Net Asset Value (NAV): | ₹3.26 per Equity Share |
Peer Group
- Phantom Digital Effects Limited
- Prime Focus Limited
- Digikore Studios Limited
Company Promoters
- Mr. Parish Tekriwal
- Mr. Shailendra Ishwardas Chandgotia
- Ms. Pooja Shailendra Chandgothia
- Ms. Deepa Shailendra Chandgothia
Picturepost Studios IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Picturepost Studios IPO Allotment Status
Check Picturepost Studios IPO allotment status on Bigshare website URL. Click Here
Picturepost Studios IPO Lead Managers aka Merchant Bankers
- Shreni Shares Limited
Company Address
Picturepost Studios Limited
701, 7th Floor, Sapphire Building, Junction of
S.V. Rd & 1st Rd, Khar (W), Khar Colony,
Mumbai 400052, Maharashtra
Phone: +91 9769199410
E-mail: investors@picturepoststudio.com
Website: www.picturepoststudio.com
Picturepost Studios IPO FAQs
1. What are the dates for the Picturepost Studios IPO?
The Picturepost Studios IPO will open on August 2 and close on August 6. The allotment date is August 7, and the IPO may list on August 9.
2. What is the price band for the Picturepost Studios IPO?
The price band for the Picturepost Studios IPO is set between ₹22 and ₹24 per share.
3. What is the minimum market lot for the IPO?
The minimum market lot for the Picturepost Studios IPO is 6,000 shares, with an application amount of ₹144,000.
4. How much is Picturepost Studios aiming to raise through this IPO?
Picturepost Studios aims to raise ₹18.72 crores through this IPO.
5. What does Picturepost Studios do?
Founded in 2019, Picturepost Studios is a post-production company specializing in film editing, Computer Generated Imagery (CGI), visual effects (VFX), video conversion, grading, and mastering for films and commercial channels.
6. What services does Picturepost Studios offer?
Picturepost Studios offers a broad range of services including visual effects, digital intermediates, online editing, high-end color grading, motion design, and visual effects for films, web series, and advertisements.
7. How can I apply for the Picturepost Studios IPO?
Applications can be submitted through various methods including online platforms of brokerage firms, through ASBA (Application Supported by Blocked Amount) facilities at banks, or through physical application forms.
8. When will I know if I have been allotted shares?
The allotment status will be available on August 7. You can check the status on the IPO registrar’s website or through your broker.
9. How can I check the status of my IPO application?
You can check the status of your IPO application on the registrar’s website or by contacting your broker. The IPO registrar for this issue will provide details on how to track your application.
10. When will the shares be listed on the stock exchange?
The shares of Picturepost Studios are expected to be listed on August 9, subject to regulatory approvals and market conditions.
