Identical Brains Studios Limited
Bookbuilding IPO · NSE
- Price band
- ₹51 - ₹54
- Lot size
- 2,000 shares
- Issue amount
- ₹19.95 cr
- Total subscription
- 506.09×
- Opens
- 18 Dec 2024
- Closes
- 20 Dec 2024
- Allotment
- 23 Dec 2024
- Listing
- 26 Dec 2024
Offer at a glance
Issue overview
- Issue size
- 36,94,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,02,000
- Fresh issue
- ₹19.95 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,08,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,03,31,958
- Shares after issue
- 1,40,25,958
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 2,000 | ₹1,08,000 |
| HNI | 2 | 4,000 | ₹2,16,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 90 |
| NIB | — | 21,139 |
| RETAIL | — | 3,34,187 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 3.8 | 712.26 |
| RETAIL | 6.63 | 3,609.22 |
| NIB | 2.85 | 2,909.8 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 5.18 | 1.56 | 0.49 |
| ROE | 71.66 | 77.59 | 50.14 |
| ROCE | 103.52 | 108.8 | 81.4 |
| RONW | 44.42 | 55.9 | 40.09 |
| PRE IPO | 0 | 10.44 | 0 |
| POST IPO | 15.74 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Identical Brains Studios Limited, incorporated in 2019, 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, including 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, and a Dadasaheb Phalke Award for Best Visual Effects for Phone Bhoot (2022). Its portfolio also includes projects nominated for two Filmfare OTT Awards and one Filmfare Award, highlighting its industry expertise and creative excellence.
Strengths
- Integrated and Scalable Services: Adaptable service capabilities catering to a wide range of VFX requirements.
- Trusted Industry Reputation: Strong relationships in the entertainment industry built on consistent quality delivery.
- Robust Business Model: High revenue visibility with potential for margin expansion and strong cash flow generation.
Risk factors
- Dependence on Key Relationships: Reliance on major Bollywood studios and creative talent; any disruption could affect operations.
- Dynamic Consumer Preferences: Rapid changes in audience tastes may impact demand for VFX services.
- Fluctuations in VFX Demand: Reduced content production by film and media companies could lower revenue.
Promoters
Mr. Raghvendra Rai
Mr. Sameer Rai.
Registrar & documents
Lead manager
Socradamus Capital Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
802, 803, and 804, Crescent Royale, Veera Desai Road, off. New Link Road, Oshiwara, Andheri, Mumbai – 400 053, Maharashtra, India
022 – 6894 3898
[email protected]Company website ↗Understanding IDENTICAL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.