IPO

Identical Brains Studios Ltd. IPO

Identical Brains Studios Ltd., established in 2019, operates in the Entertainment & Media sector. The company's IPO opened on December 18, 2024 and closed on December 20, 2024, with an issue price of ... Read more

Min Investment
₹ 1,08,000 / 2000 shares
Price Range
₹51 - ₹ 54
Bidding Dates
18 Dec '24 - 20 Dec '24
Total Issue Value
19.95 Cr
Lot Size
2,000
Total Issue Size
19.95 Cr
Listing At
NSE SME
NSE Price
85.60 (58.52%)

IPO Timeline

  • 18 Dec 2024
    Bidding Starts
  • 20 Dec 2024
    Bidding Ends
  • 23 Dec 2024
    Allotment Finalization
  • 26 Dec 2024
    Listing

About Identical Brains Studios Ltd.

We are a TPN audited visual effects (“VFX”) studio, offering comprehensive suite of VFX services in diverse range of projects such as films, web series, TV series, documentaries, and commercials. Our portfolio includes upcoming projects like Tanaav 2, Criminal Justice 4, and completed ... Read more

Parent organisation
Founded
Identical Brains Studios Ltd.
2019

Identical Brains Studios Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 10,48,000 (28.37%)
Market Makers 1,86,000 (5.04%)
Non Institutional Investors 5,28,000 (14.29%)
Qualified Institutional Buyers (QIBs) 7,04,000 (19.06%)
Retail Individual Investors (RIIs) 12,28,000 (33.24%)

Identical Brains Studios Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 20.26 Cr 5.35 Cr 5.15 Cr
31 Mar 2023 8.08 Cr 1.61 Cr 2.88 Cr
31 Mar 2022 3.91 Cr 51.01 Lakh 1.26 Cr

Identical Brains Studios Ltd. Background

Major Events And Milestones
  • 2019
    Incorporation as One Person Company and commencement of our business operations with 4 artists in Thane
  • 2020
    VFX Project for Scam 1992 – The Harshad Mehta Story
    Our Company became PAT positive for Fiscal
    Our Company’s revenue from operations crossed ?300.00 Lakhs
  • 2021
    Conversion of our company from One Person Company to Private Limited Company
  • 2022
    VFX Project for Satyamev Jayate 2 and Rocket Boys Season - 1
    Commenced operations in Palghar
  • 2023
    Certified TPN-audited VFX Studio from Trusted Partner Network, LLC, a California Limited Liability Company
    Increased team strength to 120+ employees including contracted artists in approx. 2,000 Sq. ft. Studio located at Andheri West
    VFX Project for Phone Bhoot, Rocket Boys Season – 2, Adipurush, Indian 2
    Our Company’s revenue from operations crossed ?800.00 Lakhs and PAT crossed ?150.00 Lakhs
    Commenced operations in Lucknow
  • 2024
    VFX Project for Article 370, The Crew, Murder in Mahim, Khel Khel Mein
    Our Company’s revenue from operations crossed ?2,000.00 Lakhs and PAT crossed ?500.00 Lakhs
    The name of our company was changed from ‘Identical Brains Private Limited’ to ‘Identical Brains Studios Private Limited’
    Conversion from Private Limited to Public Limited Company
Identical Brains Studios Ltd. Object of Issues

1. Funding capital expenditure towards renovation of existing Andheri office and studio
2. Funding capital expenditure towards establishment of Colour Grading Digital Intermediate (“DI”) and Sound Studio Set up at new branch office in Andheri
3. Funding capital expenditure towards establishment of new branch office in Lucknow
4. Funding capital expenditure for purchase of computers, storage systems and software to further strengthen the existing facilities/offices of the company
5. Funding our incremental working capital requirements
6. General corporate purposes

Identical Brains Studios Ltd. IPO Listing Details
Listing Date
26 Dec 2024
NSE Symbol
IBS
ISIN
INE0TD101011
Final Issue Price
₹ 54
Identical Brains Studios Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 54.00
Open - ₹ 95.00
Low - ₹ 90.25
High - ₹ 99.75
Last Trade - ₹ 99.75
Identical Brains Studios Ltd. Company Promoters

1. Raghvendra Rai
2. Sameer Rai

Industry Overview

Visual Effects or VFX breathes life into the fantastical worlds and impossible scenarios by creation or manipulation of any imagery not filmed during live-action shooting, using techniques, including computer-generated imagery, compositing, and green screens, alongside services like 3D modeling, ... Read more

Identical Brains Studios Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Identical Brains Studios Ltd. IPO Lead Manager(s)
Socradamus Capital Pvt. Ltd.
Gala No. 303, Cama Industrial Estate, Sun Mill Compound, Delisle Road, Lower Parel (West), Mumbai Maharashtra - 400013
49614235

FAQs

When does Identical Brains Studios Ltd. IPO opens and closes?

Identical Brains Studios Ltd. IPO opens from 18th December to 20th December 2024.

What is the size of Identical Brains Studios Ltd. IPO?

The size of the Identical Brains Studios Ltd. IPO is ₹19.95 Cr.

What is the price range of Identical Brains Studios Ltd. IPO?

The price range of Identical Brains Studios Ltd. IPO is at ₹51 to ₹54 per share.

What is the minimum investment and lot size required for the Identical Brains Studios Ltd. IPO?

The minimum investment required is ₹1,08,000 and minimum lot size is 2000 shares.

When is Identical Brains Studios Ltd. IPO listing date?

The Identical Brains Studios Ltd. IPO will be listed on 26th December 2024.

What is the objective of Identical Brains Studios Ltd. IPO?

1. Funding capital expenditure towards renovation of existing Andheri office and studio
2. Funding capital expenditure towards establishment of Colour Grading Digital Intermediate (“DI”) and Sound Studio Set up at new branch office in Andheri
3. Funding capital expenditure towards establishment of new branch office in Lucknow
4. Funding capital expenditure for purchase of computers, storage systems and software to further strengthen the existing facilities/offices of the company
5. Funding our incremental working capital requirements
6. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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