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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 |
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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 |
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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
|
|
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.