IPO

Picturepost Studios Ltd. IPO

Picturepost Studios Ltd., established in 2019, operates in the Entertainment & Media sector. The company's IPO opened on August 2, 2024 and closed on August 6, 2024, with an issue price of ₹24. The ... Read more

Min Investment
₹ 1,44,000 / 6000 shares
Price Range
₹22 - ₹ 24
Bidding Dates
2 Aug '24 - 6 Aug '24
Total Issue Value
18.72 Cr
Lot Size
6,000
Total Issue Size
18.72 Cr
Listing At
NSE SME
Subscription
254.10 times
NSE Price
30.20 (25.83%)

IPO Timeline

  • 2 Aug 2024
    Bidding Starts
  • 6 Aug 2024
    Bidding Ends
  • 7 Aug 2024
    Allotment Finalization
  • 9 Aug 2024
    Listing

About Picturepost Studios Ltd.

Our Company is a creative and innovative post-production Company specializing in film editing, Computer Generated Imagery (“CGI”), visual effects (“VFX”), video conversion, grading, film and Commercial mastering of channels and digital platforms. Our Company was ... Read more

Parent organisation
Founded
Picturepost Studios Ltd.
2019

Picturepost Studios Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 22,08,000 (28.31%)
Market Makers 3,96,000 (5.08%)
Non Institutional Investors 11,16,000 (14.31%)
Qualified Institutional Buyers (QIBs) 14,82,000 (19%)
Retail Individual Investors (RIIs) 25,98,000 (33.31%)

Picturepost Studios Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 22.12 Cr 2.92 Cr 4.85 Cr
31 Mar 2023 10.85 Cr 59.97 Lakh 0
31 Mar 2022 29.00 Lakh 21.69 Lakh 0

Picturepost Studios Ltd. Background

Our Company was originally formed as Limited Liability Partnership Firm under the name and style of “M/s. Prodace Solutions LLP” pursuant to a Certificate of incorporation issued by Registrar of Companies, Central Registration Centre, dated August 22, 2019 with LLP registration number ...

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Major Events And Milestones
  • 2019
    Formed as a Limited Liability Partnership Firm in the name and style of “Prodace Solutions LLP”.
  • 2022
    Name changed from “Prodace Solutions LLP” to “Picturepost Studios LLP”.
  • 2023
    Converted to Private Limited Company and Name changed to “Picturepost Studios Private Limited”
    Membership of Confederation of Indian Industry
  • 2024
    TPN (Trusted Partner Network) audited and approved VFX Studio.
    Converted to Public Limited Company and Name changed to “Picturepost Studios Limited”
Picturepost Studios Ltd. Object of Issues

1. Funding of capital expenditure requirements of our Company towards purchase of equipment and Software
2. Repayment/prepayment of all or certain of our borrowings availed by our Company
3. General Corporate Purpose

Picturepost Studios Ltd. IPO Listing Details
Listing Date
9 Aug 2024
NSE Symbol
PICTURE
ISIN
INE0YAL01017
Final Issue Price
₹ 24
Picturepost Studios Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 24.00
Open - ₹ 30.00
Low - ₹ 28.50
High - ₹ 31.50
Last Trade - ₹ 31.50
Picturepost Studios Ltd. Company Promoters

1. Mr. Parish Tekriwal
2. Mr. Shailendra Ishwardas Chandgotia
3. Ms. Pooja Shailendra Chandgothia
4. Ms. Deepa Shailendra Chandgothia

Industry Overview

The Indian Media and Entertainment (M&E) industry is a sunrise sector for the economy and is making significant strides. The increasing availability of fast and cheap internet, rising incomes, and increasing purchases of consumer durables have significantly aided the industry. India’s ... Read more

Picturepost Studios Ltd. Contact Details
Address: 701, 7th Floor, Sapphire Building, Junction of S.V. Rd & 1st Rd, Khar (W), Khar Colony, Mumbai Maharashtra - 400052
Phone no:9769199410
9769199410
|
Picturepost 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
Picturepost Studios Ltd. IPO Lead Manager(s)
Shreni Shares Ltd.
No. 217, Hive 67 Icon, Poisar Gymkhana Road, Lokmanya Tilak Nagar Poisar, Near Raghuleela Mall, Kandivali West, Mumbai Maharashtra - 400067
20897022

FAQs

When does Picturepost Studios Ltd. IPO opens and closes?

Picturepost Studios Ltd. IPO opens from 2nd August to 6th August 2024.

What is the size of Picturepost Studios Ltd. IPO?

The size of the Picturepost Studios Ltd. IPO is ₹18.72 Cr.

What is the price range of Picturepost Studios Ltd. IPO?

The price range of Picturepost Studios Ltd. IPO is at ₹22 to ₹24 per share.

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

The minimum investment required is ₹1,44,000 and minimum lot size is 6000 shares.

When is Picturepost Studios Ltd. IPO listing date?

The Picturepost Studios Ltd. IPO will be listed on 9th August 2024.

What is the objective of Picturepost Studios Ltd. IPO?

1. Funding of capital expenditure requirements of our Company towards purchase of equipment and Software
2. Repayment/prepayment of all or certain of our borrowings availed by our Company
3. General Corporate Purpose

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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