Identical Brains Studios Limited IPO is going to go live on 18 December 2024 and run until 20 December 2024. This is a book-built SME IPO, which is raising ₹ 19.95 crore from an entirely fresh issue of 36.94 lakh shares.
The allotment date for Identical Brains Studios Ltd. IPO has to be decided on Monday, 23 December 2024. Identical Brains Studios stocks will be listed on NSE SME on Thursday, 26 December 2024 as per the current schedule.
The price band of the Identical Brains Studios IPO has been set between ₹ 51 and ₹54 per share. The minimum ipo lot size has been kept at 2000 shares for retail investors, which amounts to a minimum investment of ₹108000. For HNIs, the minimum number of lots they have to purchase is two lots, which amounts to ₹ 216000.
Here Are the Quick Steps to Apply for the Identical Brains Studios SME IPO!
Identical Brains Studios NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | December 18, 2024 |
| IPO Closing Date | December 20, 2024 |
| Tentative IPO Listing Date | December 23, 2024 |
| Face Value | ₹10 per share |
| Price Range | ₹51 to ₹54 per share |
| Lot Size | 2000 shares |
| Total Issue Size | 3694000 shares (₹19.95 Cr) |
| Fresh Issue | 3694000 shares (₹19.95 Cr) |
| IPO Segment | Book Built Issue |
| Listing At | NSE SME |
| Shareholding Pre-Issue | 10331958 shares |
| Shareholding Post-issue | 14025958 shares |
Identical Brains Studios Limited | Company Overview
Identical Brains Studios Limited is a VFX service provider with a strong clientele in the entertainment industry. The firm embarked on its journey in 2019 and since then it has been providing its VFX services for many films, web series, documentaries, TV serials, and commercials as well. It has one Dadasaheb Phalke Awards nomination in its kitty, along with many Filmfare, nominations, and awards which sinclude –
- Scam 1992: The Harshad Mehta Story (2020)
- Rocket Boys in 2022
- Phone Bhoot in 2022 for which it received the Dadasaheb Phalke Award for Best Visual Effects.
The technical and creative teams are super-efficient with years of experience as well. With the high demand for VFX and other similar services, the growth potential of the business looks strong enough.
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Identical Brains Studios Limited IPO | Key Details
- Identical Brains Studios IPO Opening Date: December 18, 2024,
- Identical Brains Studios IPO Closing Date: December 20, 2024,
- Allotment Date: December 23, 2024
- Price Band: ₹51 to ₹ 54 per share
- Lot Size: 2000 shares
- Refunds Initiated: December 24, 2024
- Shares Credited to Demat: December 24, 2024
- Listing Date: December 26, 2024
Identical Brains Studios Ltd: Financial Overview
Identical Brains Studios Limited generated a 231.50% higher profit in FY24 with a 150.71% rise in its revenue during the same period. It also increased its assets base by 258.02% and reserve & surplus by 79.06%.
Here are the details of the financials of the firm
Amounts in ₹ Lakhs
| Financial Information | FY24 | FY23 | Absolute Change | Change (%) |
| Assets | 1,702.39 | 475.5 | 1,226.89 | 258.02 |
| Revenue | 2,026.38 | 808.26 | 1,218.12 | 150.71 |
| Profit After Tax | 534.65 | 161.28 | 373.37 | 231.50 |
| Net Worth | 1,203.62 | 288.51 | 915.11 | 317.18 |
| Reserves and Surplus | 514.82 | 287.51 | 227.31 | 79.06 |
| Total Borrowing | 19.04 | _ | _ | _ |
FAQs | Identical Brains Studios Ltd IPO
Identical Brains Studios Ltd is engaged in offering VFX services for films, commercials, web series, and similar projects.
The tentative IPO listing date of the Identical Brains Studios has been fixed as Thursday, December 26, 2024.
The bidding date for the Identical Brains Studios IPO is December 18, 2024, and it will continue until December 20, 2024.
The minimum IPO lot size for the Identical Brains Studios is 2000 shares. For HNIs, it’s 2 lots that they have to minimum purchase.
The IPO allotment is expected to be finalized on Monday, December 23, 2024.
The IPO face value is set at ₹10 per share.
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