Identical Brains Studios Limited (NSE SME)

Dec 18, 2024 - Dec 20, 2024

Price ₹51 - ₹54
Premium ₹25
Lot size 2000
Allotment Dec 23, 2024
Listing Dec 26, 2024
Category Lot(s) Qty Amount Reserved
Retail 1 2000 108000 614
HNI 2 4000 216000 264

Last updated on 20-Dec-2024 17:03:02

CategoryOfferedAppliedTimes
QIB704000131900000187.36
NIB5280005388520001020.55
RETAIL1228000668374000544.28
Total24600001339126000544.36
Application Wise Breakup
CategoryApp. Received
QIB90
NIB21139
RETAIL334187
Total355416
Subscription Demand (in ₹ crore)
CategoryOfferedDemandTimes
QIB3.8712.26187.36
NIB2.852909.81020.55
RETAIL6.633609.22544.28
Total13.287231.28544.36
QIB Interest Cost Per Share (7 Days)
@7%
₹13.6		@8%
₹15.5		@9%
₹17.5		@10%
₹19.4		@11%
₹21.3		@12%
₹23.3
HNI Interest Cost Per Share (7 Days)
@7%
₹74		@8%
₹84.6		@9%
₹95.1		@10%
₹105.7		@11%
₹116.3		@12%
₹126.8
About

    IPO Reservation

    Investor CategoryShares OfferedNo. of Shares
    Retail33.24%1228000
    NII (HNI)14.29%528000
    Anchor28.37%1048000
    QIB19.06%704000
    Market Maker5.04%186000
    Total 100.00%3694000

    Identical Brains Studios IPO Details

    Issue Size3,694,000 shares
    (aggregating up to ₹19.95 Cr)
    Fresh Issue3,694,000 shares
    (aggregating up to ₹19.95 Cr)
    Issue TypeBook Built Issue IPO
    Listing AtNSE SME
    Share holding pre issue10,331,958
    Share holding post issue14,025,958
    Market Maker portion186,000 shares
    Market MakerRikhav Securities

    Key Performance Indicator

    KPIMar-24Mar-23Mar-22
    ROE71.66%77.59%50.14%
    ROCE103.52%108.80%81.40%
    RONW44.42%55.90%40.09%
    D/E0.02
    EPS
    (basic)    		5.181.560.49
    P/E
    Pre IPO    		10.44
    P/E
    Post IPO    		15.74

    Company Financials

    Identical Brains Studios Limited Financial Information (Restated) In Lakhs.

    PeriodSep-24Mar-24Mar-23Mar-22
    Assets2,1841,702476226
    Revenue1,1502,026808391
    Profit24153516151
    Net Worth1,4361,204289127
    Reserves403515288126
    Borrowing1719

    About Company

    Incorporated in 2019, Identical Brains Studios Limited specializes in computer-generated visual effects (VFX) services for films, web series, TV series, documentaries, and commercials. The company has contributed to acclaimed projects, earning recognition for its high-quality VFX work. Its portfolio includes films and series that have received nominations for two Filmfare OTT Awards, one Filmfare Award, and one Dadasaheb Phalke Award for Best Visual Effects. Notably, the company has won two Filmfare OTT Awards for Best Visual Effects for Scam 1992: The Harshad Mehta Story (2020) and Rocket Boys (2022), in collaboration with Variate Studios LLP, as well as a Dadasaheb Phalke Award for Best Visual Effects for Phone Bhoot (2022). These accolades highlight its industry expertise and creative excellence.

    Lead Manager(s)

    Socradamus Capital Private Limited

    Strength

    Integrated and Scalable Services: Highly adaptable service delivery capabilities that cater to a broad spectrum of VFX needs.

    Trusted Industry Reputation: Strong relationships within the entertainment industry, built on consistent delivery of quality VFX services.

    Robust Business Model: Significant revenue visibility with opportunities for long-term margin expansion and strong cash flow generation.

    Weakness

    Dependence on Key Relationships: Reliance on major Bollywood studios and creative talent; any strain in these relationships could adversely affect operations.

    Dynamic Consumer Preferences: Rapidly changing audience behavior and tastes may impact the success of content relying on VFX services.

    Fluctuations in VFX Demand: A reduction in VFX content production by film and content producers could lead to a decline in revenue.

    Registrar
    Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: ipo@bigshareonline.com
    Website: https://ipo.bigshareonline.com/ipo_status.html