August 21, 2025
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Subscription Status-EOD 1
| Size Rs. 70.53 Crore | ||||
| QIB | NII x | RII x | Total x | Applications |
| 0.00 | 0.78 | 1.89 | 1.43 | 3,913 |
| Subscription Review: Retail investors have provided good support on the Day 1. |
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About Studio LSD
Incorporated in February 2017, Studio LSD Limited is a multimedia production house, widely recognized for its innovative storytelling and high-quality, genre-defining shows for television and OTT platforms across India. The company focuses on creating captivating digital series with a strong creative vision, catering to diverse audiences.
Its operations cover the complete spectrum of content creation — from concept development and scriptwriting to casting, location scouting, set design, budgeting, production, post-production, and final distribution.
Key services include:
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Concept Development & Scriptwriting
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Screenplay Development
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Line Production & Budget Management
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Post-Production Services
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Distribution & Marketing Support
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Creative Consultation & Strategy Development
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Innovation & Adaptation for emerging formats
As of January 31, 2025, the company employed 16 professionals across various departments.
Studio LSD IPO Details
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Sector: Real Estate |
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| IPO opens on | 18 August 2025 |
| IPO closes on | 20 August 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1,37,50,000 Shares / Rs 70.13 Crore |
| * Fresh Issue | – |
| * Offer for Sale – | – |
| Market Maker Portion | 6,88,000 Shares |
| Net offer to Public | 1,30,62,000 Shares Rs. 66,62 Crores |
| Face Value per share | Rs.2 |
| Price Band | Rs. 48-51 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 4000 Shares |
| Listing will at | NSE SME |
How shares are being offered
| Investor Category | Shares Offered |
| QIB | Not more than 1.01% of the Net Issue |
| Retail | Not less than 59.39% of the Net Issue |
| NII | Not less than 39.60% of the Net Issue |
| Application | Lots | Shares | Amount Rs. |
| Retail (Min) | 4,000 | 2,04,000 | |
| Retail (Max) | 6,000 | 3,06,000 | |
| S-HNI (Min) | 8,000 | 4,08,000 | |
| S-HNI (Max) | 18,000 | 9,18,000 | |
| B-HNI (Min) | 20000 | 10,20,000 |
Who are the Promoters of Studio LSD IPO?
The promoters hold 100.00% of the pre-IPO capital
What are the Objects of Studio LSD IPO?
The Company proposes to utilize the Net Proceeds from Issue towards funding the following objects
+Capital Expenditure Rs. 18 Cr.
+Working Capital Requirements Rs. 24.92
+ General Corporate purposes
Studio LSD IPO Timetable
| IPO opens on | 18 August 2025 |
| IPO Closes on | 20 August 2025 |
| IPO Allotment on | 21 August 2025 |
| Refund Initiation | 22 August 2025 |
| Credit of Shares | 22 August 2025 |
| Listing on | 25 August 2025 |
| Registered Office of the Company Studio LSD Ltd. Unit No.302,301, 3rd Floor, Laxmi Mall, Laxmi Industrial Estate New Link Road Andheri West, Mumbai, Maharashtra, 400053 |
| Lead Managers of this IPO Corpwiz Advisors Pvt ltd |
| Who is the Registrar to the IPO? Purva Sharegistry India Pvt. ltd |
Studio LSD Financials Snapshot
| Period Ended | 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
| Assets | 45.75 | 36.49 | 18.16 | 4.14 |
| Total Income | 62.74 | 102.49 | 46.71 | 14.61 |
| Profit After Tax | 7.03 | 10.9 | 2.79 | 0.91 |
| Net Worth | 22.9 | 15.87 | 4.96 | 2.17 |
| Reserves and Surplus | 18.09 | 15.86 | 4.95 | 2.16 |
| Total Borrowing | 0.06 | 0.44 | ||
| Amount in Rs. Crore | ||||
Performance Indicators
| KPI | Values |
| ROE | 104.71% |
| ROCE | 92.44% |
| RoNW | 104.71% |
| PAT Margin | 10.64% |
How Studio LSD IPO compares with the Peers?
| Company Name | P/E (x) | RoNW (%) |
| Studio LSD | 53.78 | |
| Baweja Studios | 14.83 | 7.97 |
| Picture Post Studios | 12.21 | 17.76 |
# 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.
Studio LSD Limited – IPO Review by Paresh Gordhandas, CA & Research Analyst
Incorporated in 2017, Studio LSD Limited is a multimedia production house, well-known for its innovative storytelling and high-quality, genre-defining shows for television and OTT platforms across India. The company focuses on creating captivating digital series backed by a strong creative vision.
Its operations cover the complete spectrum of content creation — from idea development and financing to casting, location scouting, set building, budget management, production, post-production, and final distribution.
Track Record of Shows
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2018: “Ek Deewaana Tha” (Sony TV)
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2018: “Laal Ishq” (& TV), “Manmohini” (Zee TV)
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2019: “Bahu Begum” (Colors TV), “Beyhadh-2” (Sony TV)
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Co-production: “Dancing Queen” (Zee Marathi)
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2021: “Teri Meri Ikk Jindri” (Zee TV), Marathi show “Ghetla Vasa Taku Nako”, Marathi web series “Gemadpanthi” (Planet Marathi)
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2022: “Ex or Next” (MTV), “Durr Se Namaste” (DD), “Pyar Ka Pehla Naam: Radha Mohan” (Zee TV), “Rabb Se Hai Dua” (Zee TV), Marathi show “Satyavaan Savitri” (Zee Marathi)
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2023: “Pyaar Ka Pehla Adhyaya: Shiv Shakti” (Zee TV), “Pukaar – Dil Se Dil Tak” (Sony TV)
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2024: “Suman Indori” (Colors TV), “Jamai Number 1” (Zee TV)
Notably, Radha Mohan has emerged as one of the longest-running shows for the company.
Financial Performance
The company achieved a turnover exceeding ₹100 crore and has shown strong growth in both revenue and profit during FY 2023-24 and the first half of FY 2024-25.
Chanakya View
Attractive valuations and a strong content portfolio make the issue appealing, especially for listing gains. However, this business is highly dependent on the creative capabilities of the promoters, and consistent OTT/TV success is never guaranteed.
Investors may apply for listing gains and, if allotted, can consider retaining a portion for the long term based on future performance.
Quicklinks
Studio LSD IPO review
Studio LSD Limited is a multimedia production house that creates original, high-quality content for television and OTT platforms across India. It specializes in captivating digital series with innovative storytelling.
The company provides complete content creation services, including concept development, scriptwriting, screenplay development, line production, post-production, distribution, marketing support, and creative consultation.
The IPO opens on August 18, 2025, and closes on August 20, 2025. Allotment is expected on August 21, with tentative listing on NSE SME scheduled for August 25, 2025.
The price band is fixed at Rs. 48 to Rs. 51 per share. The lot size is 4,000 shares, requiring a minimum retail investment of Rs. 2,04,000.
The company creates content primarily for television networks and OTT streaming platforms, catering to a wide audience across India.
