Identical Brains Studios IPO
- IPO Date18 Dec, 2024 to 20 Dec, 2024
- Listing Date26 Dec, 2024
- Face Value₹10 per share
- Issue Price₹51 to ₹54 per share
- Lot Size2000 Shares
- Minimum Investment₹1,08,000
- Listing AtNSE SME
- Total Issue Size36,94,000 Shares
(aggregating up to ₹19.95 Cr) - Fresh Issue36,94,000 Shares
(aggregating up to ₹19.95 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue1,03,31,958
- Shareholding post issue1,40,25,958
IPO Dates
Closing Date
20 Dec, 2024
Initiation of Refunds
24 Dec, 2024
Listing Date
26 Dec, 2024
18 Dec, 2024
Opening Date
23 Dec, 2024
Basis of Allotment
24 Dec, 2024
Credit of Shares
Identical Brains Studios Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,08,000 |
| B-HNI (Min) | - | - | - |
| S-HNI (Max) | - | - | - |
| Retail (Max) | 1 | 2000 | ₹1,08,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,16,000 |
Identical Brains Studios Promoter Holding
Raghvendra Rai and Sameer Rai are the company promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 86.53% | - |
Identical Brains Studios COMPANY INFORMATION
Identical Brains Studios IPO is a book built issue of Rs 19.95 crores. The issue is entirely a fresh issue of 36.94 lakh shares. Identical Brains Studios IPO opens for subscription on December 18, 2024 and closes on December 20, 2024. The allotment for the Identical Brains Studios IPO is expected to be finalized on Monday, December 23, 2024. Identical Brains Studios IPO will list on NSE SME with tentative listing date fixed as Thursday, December 26, 2024. Identical Brains Studios IPO price band is set at ₹51 to ₹54 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹108,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹216,000. Socradamus Capital Private Limited is the book running lead manager of the Identical Brains Studios IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Identical Brains Studios IPO is Rikhav Securities. Refer to Identical Brains Studios IPO RHP for detailed information.
Incorporated in 2019, Identical Brains Studios offers computer-generated visual effects ("VFX") services. The company provides VFX services for projects such as films, web series, TV series, documentaries, and commercials.
The company has provided VFX services for films that received two Filmfare OTT Awards nominations, one Filmfare Awards nomination, one Dadasaheb Phalke Awards nomination and more for Best Visual Effects.
The company has also won two Filmfare OTT Awards for Best Visual Effects for Scam 1992: The Harshad Mehta Story (2020) and Rocket Boys (2022) in association with Variate Studios LLP and one Dadasaheb Phalke Awards for Phone Bhoot (2022) for Best Visual Effect.
Competitive Strengths:
- Operations in economically attractive locations.
- Integrated technology and infrastructure.
- Skilled creative and technical workforce.
- Reputation as a trusted provider of VFX Services with established relationships throughout the Entertainment Industry.
- Attractive business model, with significant revenue visibility and compelling opportunities for long-term margin expansion and cash flow generation.
- Experienced management team with managerial, creative and technical expertise and industry relationships.
FAQs About Identical Brains Studios Ipo
Identical Brains Studios IPO will open on 18 Dec, 2024 and close on 20 Dec, 2024. Investors must apply within this period to participate.
The Identical Brains Studios IPO price band is set between ₹51.00 and ₹54.00 per share. The minimum lot size is 2000, requiring an investment of at least ₹108000.00.
The Identical Brains Studios IPO shares are expected to be listed on 26 Dec, 2024, subject to regulatory approvals and final allotment.
You can track your Identical Brains Studios IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Identical Brains Studios IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.