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    Picturepost IPO listed @ Rs. 30

    Picturepost Studios IPO GMP

    Picturepost Studios IPO GMP grey market premium, review, Subscription, allotment, listing estimate @

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    Picturepost Studios listing Review

    On 9th August 2024, the scrip is listed at Rs. 30, a premium of 25% over the issue price. The listing is in line with the expectations of the grey market.



    Picturepost Studios IPO allotment Link

    What was the last grey market premium of Dhariwalcorp IPO?

     GMP Rs.6

    Subscription status of Picturepost Studios IPO


    Picturepost IPO (Closed)

    Price Rs. 24 Lot 6000 shares, Rs.12.47 Crore

    QIB NII X RII X Total X Applications
    101.19 389.67 308.09 266.60 1,33,402 (308.09x)
    Amount wise bids recd. Rs.3324.50 Crore
    Note: 

     

    What is the business of Picturepost Studios?

    At Picturepost Studios, its team of experts offers a comprehensive array of services tailored to the diverse needs of the entertainment industry. As a premier visual effects company, it covers the full spectrum of post-production requirements, including digital intermediates, visual effects, and online editorials. Its studio excels in crafting exceptional visual experiences for films, web series, and advertisements.

    Its strong focus on high-end color grading, motion design, visual effects, and online editing sets it apart. It pushes creative boundaries and embrace the latest innovations to deliver cutting-edge solutions. This commitment to adapting to evolving technologies has driven its rapid success in the industry.

    Post-production is a crucial phase in filmmaking, video production, and photography. It encompasses all stages that occur after the principal photography or recording of individual program segments. At Picturepost Studios, it is equipped with the latest technology and software, and its skilled professionals are dedicated to enhancing the quality of your footage. It ensures that the final product not only meets industry standards but also effectively communicates your intended message.

    Its services are designed to support producers, directors, and filmmakers in creating bespoke content that addresses various aspects of advertisements or films. By transforming raw footage into a polished, professional project, the studio plays a vital role in achieving your vision and captivating audiences worldwide.

    Get more information about the company @ www.picturepoststudio.com 

    Picturepost Studios IPO Details

    IPO opens on  2 August 2024
    IPO closes on  6 August 2024
    Issue Type Book Built Issue IPO
    Issue Size 78,00,000 Shares /
    Rs 18.72 Crore
    * Fresh Issue 78,00,000 Shares /
    Rs 18.72 Crore
    * Offer for Sale –  
    Market Maker Portion 396000 Shares
    Net offer to Public 7404000 Shares/
    Rs.17.77 Crore
    Face Value per share Rs. 1
    Price Band Rs.22-24
    Employee discount  Rs. 0 per share
    Retail Lot Size  6000 Shares
    Listing will at  NSE SME

    Shares offered in IPO

      Shares Rs. (Crore)
    QIB (50%) 3702000   8.89
    NII  (50%) 1110600   2.66
    RII  (50%) 2591400   6.22
    Total Shares  7404000 17.77
    Retail portion will be oversubscribed by  432
    Forms
    How much Shares to Apply in this IPO?
    Min Retail Application 6000 Shares Rs.144000
    Min HNI Application  12000 Shares Rs.288000

    Who are the Promoters of Picturepost Studios IPO?

    THE PROMOTERS OF OUR COMPANY ARE MR. PARISH TEKRIWAL, MR. SHAILENDRA ISHWARDAS CHANDGOTIA, MS. POOJA SHAILENDRA CHANDGOTHIA AND MS. DEEPA SHAILENDRA CHANDGOTHIA

    What are the Objects of Picturepost Studios IPO?

    The Offer comprises of only fresh issue of shares.

    The objectives of the Offer are to:

    1. Funding of capital expenditure requirements of the Company towards purchase of equipment and Software;
    2. Repayment/prepayment of all or certain of the borrowings availed by the Company;
    3. General corporate purposes.

    Tentative timetable

    IPO opens on 2 August 2024
    IPO Closes on 6 August 2024
    IPO Allotment on  7 August 2024
    Refund Initiation  8 August 2024
    Credit of Shares 8 August 2024
    Listing on 9 August 2024
    Registered Office of the Company
    701, 7th Floor, Sapphire Building,
    Junction of S.V. Rd & 1st Rd, Khar
    (W), Khar Colony, Mumbai 400052,
    Maharashtra, India

    Who is the Lead Manager of this IPO?
    Shreni Shares Limited
    Who is the Registrar to IPO?
    Bigshare Services Pvt Ltd

    Picturepost Studios IPO GMP grey market premium, review, Subscription, allotment, listing estimate

    Picturepost Studios IPO Financial & Analytical Ratios

    Year Total Income Net Profit EPS RoNW
      Rs.in Cr Rs.in Crore Rs. %
    2021-22   0.29 0.22 0.10
    2022-23 10.85 0.60 0.28
    2023-24 26.55 3.44 1.81
    Book Value of the
    Share on 31.03.2024
      Rs 3.26    
    BV of the Share at
    cap price
    after the IPO Rs. ?    
    Offer Price/upper band   Rs. 24    

    IPO
    Key Performance indicators

    Price/EPS of 23-24 ?\13.26
    Price/BV Ratio ?
    Price/BV after IPO 


    How Picturepost Studios IPO
     compares with the Peers?

     

    As on date of RHP FV Total  PE
      Rs. Income Ratio of
        Rs. In Cr  
    Picturepost Studios 1   13.26
    Phantom Digital 10   27.37
    Prime Focus 1   -120
    Digikore Studios 10   13.31
           
           

    # This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

    Picturepost Studios IPO Review

    At Picturepost Studios, its team of experts offers a comprehensive array of services tailored to the diverse needs of the entertainment industry. As a premier visual effects company, it covers the full spectrum of post-production requirements, including digital intermediates, visual effects, and online editorials. Its studio excels in crafting exceptional visual experiences for films, web series, and advertisements
    Size:  Net size of the IPO is Rs.17.77 crore, comprising of 7404000 shares. Once you deduct Anchor portion from the IPO, the size turnout to be very small and huge oversubscription is not ruled out.
    Financial Snapshot:
    The company has shown sharp rise in its topline and net profit also shows gradual recovery. Previous IPOs from this business have received huge oversubscription and accordingly, This IPO also may garner bumper subscrions
    + from fundamental angle: Apply
    + from grey market angle: Apply

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    Picturepost Studios IPO GMP today allotment, review?

    Picturepost Studios IPO GMP grey market premium

    Picturepost Studios IPO FAQs

    What is Picturepost Studios IPO
    ?

    This is a SME IPO of 7800000 equity shares of the face value of Rs. 10 aggregating up to Rs.18.72 Crores. The issue is priced at Rs.22-24 per share. The minimum order quantity is 6000 Shares.

    When will Picturepost Studios IPO subscription open?

    Picturepost Studios IPO opens on August 2, 2024, and closes on August 06, 2024.

    What is the lot size of Dhariwalcorp IPO?

    Picturepost Studios IPO lot size is 6000 Shares, and the minimum amount required is Rs.144000

    How to apply for Picturepost Studios IPO?

    You can apply in Picturepost Studios IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

    When is Dhariwalcorp IPO allotment?

    The finalization of Basis of Allotment for Picturepost Studios IPO will be done on August 07, 2024, and the allotted shares will be credited to your demat account by August 08, 2024.

    When is Picturepost Studios IPO listing date?

    Picturepost Studios IPO listing date is August 09, 2024.