PicturePost Studios IPO will open for subscription from 02 August 2024. The company aims for an issue size of ₹18.72 Cr through this IPO.
Company Overview
| Full name | PicturePost Studios Limited |
| Sector | Media & Entertainment |
| Industry | TV Broadcasting & Software Production |
| Company Website | https://picturepoststudio.com/ |
About Company
Picturepost Studios is a hub of creativity and innovation in post-production. They specialize in film editing, computer-generated imagery (CGI), visual effects (VFX), video conversion, and grading. Additionally, they master films and commercials for channels and digital platforms, ensuring top-notch quality across all media.
Picturepost Studios is a visual effects powerhouse, handling the full range of post-production needs. From digital intermediates and stunning visual effects to precise online editorials, they operate as a comprehensive studio. Specializing in films, web series, and advertisements, they excel in high-end color grading, dynamic motion design, and seamless online editing. As of 31 March 2024, the company has served 265 customers. By 30 April 2024, the company employed 105 people across various departments.
The Objectives of the Issue
- Funding of capital expenditure requirements of the company towards the purchase of equipment and Software;
- Repayment/prepayment of all or certain of our borrowings availed by the company;
- General corporate purposes.
PicturePost Studios IPO Timetable
| IPO Opening date | 02 August 2024 |
| IPO Closing | 06 August 2024 |
| Basis of Allotment | 07 August 2024 |
| Initiation Refund | 08 August 2024 |
| Credit to Demat Account | 08 August 2024 |
| Listing Date | 09 August 2024 |
PicturePost Studios IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹18.72 Cr – 7,800,000 shares |
| Fresh Issue | ₹18.72 Cr – 7,800,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Price Band | ₹22 to ₹24 per share |
| Lot size | 6000 Shares |
| Market Maker portion | 396,000 shares |
| Shareholding pre-issue | 21,500,000 |
| Shareholding post-issue | 29,300,000 |
| Listing Exchange | NSE SME |
PicturePost Studios Offer Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹144,000 |
| Retail (Max) | 1 | 6000 | ₹144,000 |
| HNI (Min) | 2 | 12,000 | ₹288,000 |
PicturePost Studios Offer Documents
PicturePost Studios IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 2,208,000 (28.31%) |
| Market Maker Shares Offered | 396,000 (5.08%) |
| QIB Shares Offered | 1,482,000 (19.00%) |
| NII (HNI) Shares Offered | 1,116,000 (14.31%) |
| Retail Shares Offered | 2,598,000 (33.31%) |
| Total Shares Offered | 7,800,000 (100%) |
PicturePost Studios Financial Performance
| FY 2022 | FY 2023 | 1 Apr – 10 Jul 2023 | 11 Jul 2023 – 31 Mar 2024 | |
| Revenue | 0.29 | 10.85 | 4.42 | 21.98 |
| Expenses | 0.07 | 9.99 | 3.68 | 18.58 |
| Net income | 0.22 | 0.60 | 0.51 | 2.92 |
PicturePost Studios Valuations & Margins
s
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 149.59 | 5.31 | 1.81 |
| PE ratio | – | – | 12.15 – 13.26 |
| RONW (%) | 1,495.86 | 53.07 | 55.64 |
| NAV | 1.00 | 1.00 | 3.26 |
| FY 2022 | FY 2023 | 1 Apr – 10 Jul 2023 | 11 Jul 2023 – 31 Mar 2024 | |
| ROCE (%) | 1,495.86 | 17.20 | 13.60 | 26.75 |
| EBITDA (%) | 74.79 | 9.95 | 21.14 | 23.68 |
| Debt/Equity | – | 2.42 | 1.65 | 0.79 |
Company Promoters
- Mr. Parish Tekriwal
- Mr. Shailendra Ishwardas Chandgotia
- Ms. Pooja Shailendra Chandgothia
- Ms. Deepa Shailendra Chandgothia.
Promoter Holding
| Pre Issue Share Holding | 93.02% |
| Post Issue Share Holding | 68.27% |
PicturePost Studios Offer GMP Update
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 8 August 2024 | 5 | – | 25,000 |
| 7 August 2024 | 7 | – | 45,000 |
| 6 August 2024 | 10 | – | 47,000 |
| 5 August 2024 | 15 | – | 55,000 |
| 3 August 2024 | 17 | – | 58,000 |
| 2 August 2024 | 15 | – | 55,000 |
| 1 August 2024 | 12 | – | 50,000 |
| 31 July 2024 | 10 | – | 41,000 |
PicturePost Studios IPO Subscription Update
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 14,82,000 | 11,16,000 | 25,98,000 | 51,96,000 |
| 6 Aug 2024 | 101.19 | 390.02 | 308.09 | 266.67 |
| 5 Aug 2024 | 0.00 | 47.85 | 96.15 | 58.35 |
| 2 Aug 2024 | 0.00 | 3.88 | 10.44 | 6.05 |
PicturePost Studios IPO Allotment Status
PicturePost Studios IPO Listing Details
| Listing Date | 09 August 2024 |
| BSE Scrip Code | |
| NSE Symbol | PPSL |
| ISIN | INE0YAL01017 |
| Final Issue Price | ₹24 per share |
PicturePost Studios IPO Listing Day Update
| Listing Exchange | |
| Final Issue Price | |
| Open | |
| Low | |
| High | |
| Last Trade |
PicturePost Studios IPO Lead Manager(s)
SHRENI SHARES LIMITED
No. 217, Hive 67 Icon, Poisar Gymkhana Road,
Lokmanya Tilak Nagar Poisar, Near Raghuleela Mall,
Kandivali West, Mumbai – 400067, Maharashtra
Phone: 022 – 2089 7022
Email: shrenishares@gmail.com
Website: info@shreni.in
PicturePost Studios Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai – 400 093, Maharashtra
Phone: 022 – 6263 8200
E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
PicturePost Studios Contact Details
PICTUREPOST STUDIOS LIMITED
701, 7th Floor, Sapphire Building, Junction of
S.V. Rd & 1st Rd, Khar (W), Khar Colony,
Mumbai 400052, Maharashtra
Phone: +91 9769199410
E-mail: investors@picturepoststudio.com
Website: www.picturepoststudio.com
PicturePost Studios IPO FAQs
What is the Picturepost Studios offer size?
Picturepost Studios offer size is ₹ 18.72 crores.
What is the Picturepost Studios offer price band?
Picturepost Studios public offer price is ₹ 22 – 24 per share.
What is the lot size of the Picturepost Studios IPO?
Picturepost Studios offer a lot size is 6,000 shares.
What is Picturepost Studios IPO GMP today?
Picturepost Studios IPO GMP today is ₹ 5 per share.
What is the Picturepost Studios kostak rate today?
Picturepost Studios kostak rate today is ₹ NA per application.
What is Picturepost Studios Subject to the Sauda rate today?
Picturepost Studios is Subject to the Sauda rate today is ₹ 25,000 per application.
Final thoughts
PicturePost Studios IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.
Happy Investing
