Picture Post Studios Limited IPO
- IPO Date02 Aug, 2024 to 06 Aug, 2024
- Listing Date09 Aug, 2024
- Face Value₹1 per share
- Issue Price₹22 to ₹24 per share
- Lot Size6000 Shares
- Minimum Investment₹1,44,000
- Listing AtNSE SME
- Total Issue Size78,00,000 Shares
(aggregating up to ₹18.72 Cr) - Fresh Issue78,00,000 Shares
(aggregating up to ₹18.72 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue2,15,00,000
- Shareholding post issue2,93,00,000
IPO Dates
Closing Date
06 Aug, 2024
Initiation of Refunds
08 Aug, 2024
Listing Date
09 Aug, 2024
02 Aug, 2024
Opening Date
07 Aug, 2024
Basis of Allotment
08 Aug, 2024
Credit of Shares
Picture Post Studios Limited Lot Size
Investors can bid for a minimum of 6000 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 (Max) | 1 | 6000 | ₹1,44,000 |
| S-HNI (Max) | - | - | - |
| S-HNI (Min) | 2 | 12000 | ₹2,88,000 |
| Retail (Min) | 1 | 6000 | ₹1,44,000 |
| B-HNI (Min) | - | - | - |
Picture Post Studios Limited Promoter Holding
The company's promoters are Mr. Parish Tekriwal, Mr. Shailendra Ishwardas Chandgotia, Ms. Pooja Shailendra Chandgothia, and Ms. Deepa Shailendra Chandgothia.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 93.02% | 68.27% |
Picture Post Studios Limited COMPANY INFORMATION
Picture Post Studios IPO is a book built issue of Rs 18.72 crores. The issue is entirely a fresh issue of 78 lakh shares. Picture Post Studios IPO opens for subscription on August 2, 2024 and closes on August 6, 2024. The allotment for the Picture Post Studios IPO is expected to be finalized on Wednesday, August 7, 2024. Picture Post Studios IPO will list on NSE SME with tentative listing date fixed as Friday, August 9, 2024. Picture Post Studios IPO price band is set at ₹22 to ₹24 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹144,000. The minimum lot size investment for HNI is 2 lots (12,000 shares) amounting to ₹288,000. Shreni Shares Limited is the book running lead manager of the Picture Post Studios IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Picture Post Studios IPO is Shreni Shares. Refer to Picture Post Studios IPO RHP for detailed information.
Incorporated in 2019, Picture Post Studios Limited is a company that specializes in movie editing, computer-generated imagery (CGI), visual effects (VFX), video conversion, grading, and mastering films and commercials for various channels and digital platforms.
The company offers a wide range of services for the entertainment industry. It specializes in visual effects, post-production, color grading, motion design, and creating captivating visual experiences for global audiences.
The company offers the following services
- Offline Editing Services
- Computer Generated Imagery ("CGI")
- Mastering and Quality Check
- Visual Effects (VFX)
- Color Grading
- Creative Editoria
An In-Depth Analysis of PPSL's IPO
Overview of PPSL's Business and Financial Health
Promoters and Shareholding Structure
The document provides detailed information about the company's background, including its business operations, financial status, and market positioning. The company has not undertaken any equity splits or consolidation in the past year and has not received any exemptions from securities laws.
- Major shareholders include Mr. Parish Tekriwal and Mr. Shailendra Ishwardas Chandgotia, each holding significant portions of the equity shares.
- No equity shares have been issued for non-cash considerations in the past year.
Financial Data and Stability
The financial information derived from the company’s restated financial statements shows a stable financial condition. This stability is crucial for potential investors looking for reliability and growth prospects.
- The financial information is derived from the restated financial statements for specific periods.
- The company has maintained financial stability but faces potential risks that could affect future performance.
Understanding the Risk Factors
High Financial Risk
Investing in PPSL involves a high degree of financial risk. Prospective investors should carefully consider all risk factors, including market volatility and the potential impact of ongoing litigation.
- The investment in equity shares involves high financial risk.
- The company is involved in several litigation cases that could impact its operations and financial status.
- Risks include market volatility, regulatory changes, and potential litigation impacts.
Litigation Issues
PPSL is involved in several litigation cases, which pose a risk to its financial health and reputation. These cases include taxation matters and other regulatory issues, which could have material adverse effects on the company.
Pros and Cons of Investing in PPSL
Pros
- Experienced Promoters: The leadership by experienced promoters like Mr. Parish Tekriwal and Mr. Shailendra Ishwardas Chandgotia is a significant advantage.
- Stable Financials: The company’s financial stability as shown in the restated financial statements is reassuring for investors.
- No Recent Equity Dilution: The absence of equity splits or consolidation in the past year ensures the stability of the shareholding structure.
Cons
- High Financial Risk: The investment involves significant financial risks, which investors need to consider.
- Litigation Issues: Ongoing litigation cases could impact the company’s reputation and financial stability.
- Market Volatility: The company is susceptible to market changes and regulatory impacts, posing risks to its operations.
Conclusion
Investing in PPSL's IPO offers both opportunities and risks. The experienced promoters and stable financials present a strong case for investment, but potential investors must carefully weigh the high financial risks and ongoing litigation issues. Understanding these factors is crucial for making an informed investment decision.
FAQs About Picture Post Studios Limited Ipo
Picture Post Studios Limited IPO will open on 02 Aug, 2024 and close on 06 Aug, 2024. Investors must apply within this period to participate.
The Picture Post Studios Limited IPO price band is set between ₹22.00 and ₹24.00 per share. The minimum lot size is 6000, requiring an investment of at least ₹144000.00.
The Picture Post Studios Limited IPO shares are expected to be listed on 09 Aug, 2024, subject to regulatory approvals and final allotment.
You can track your Picture Post Studios Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Picture Post Studios Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.