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Identical Brains Studios Limited IPO Date, Price, Review and Details

 

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Identical Brains Studios Limited IPO

December 18, 2024 - December 20, 2024 Closed

Identical Brains Studios Limited IPO

Identical Brains Studios Limited engaged in their company is a computer visual effects (“VFX”) service provider, providing comprehensive VFX services for a variety of industries including films, web series, TV series, documentaries and commercials. Their operations currently originate from India and their clients are some of the leading film content manufacturers, including major Bollywood studios. Visual effects or VFX includes creating or editing a film that is not during live-action shooting using techniques such as computer graphics, compositing, greenscreen which includes services such as 3D modeling, animation, rotoscoping, pre-visualization, concept art etc. use.  The Indian VFX industry has grown significantly, from US$107.7 million in CY 2020 to US$647.2 million in CY 2023 at a CAGR of about 81.8% and is expected to almost triple, from US$647 million in CY 2023 to CY 2030 onwards 1,823 million jumping.

Company Promoters:

  •  Raghvendra Rai
  • Sameer Rai

Objects of this Issue:

  •  Capital expenditure on refurbishment of existing Andheri offices and studios.
  •  Capital expenditure for installation of Color Grading Digital Intermediate (“DI”) and Sound Studio system at the new branch in Andheri.
  •  Funding for capital expenditure for setting up of new branch at Lucknow.
  •  Funding their increased working capital.
  •  General purposes of the company.

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2024

As on 30 March 2023

As on 31 Mar 2022

Total Assets

1,702.39

475.50

226.38

Total Liabilities

498.77

186.99

99.15

Net Profit

534.65

161.28

51.01

Identical Brains Studios Limited IPO Schedule

1.     Bid or Offer Opens on: 18 December 2024
2.     Bid or Offer Closes on: 20 December 2024
3.     Finalization of BoA: 23 December 2024
4.     Initiation of Refunds: 24 December 2024
5.     Credit of shares to Demat account: 24 December 2024
6.     Listing Date: 26 December 2024

Identical Brains Studios Limited IPO Lot Size

The market lot size of Identical Brains Studios Limited IPO is 4000 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  2000

₹1,08000

Maximum

1

  2000

₹108,000

S-HNI(Minimum)

2

  4000

₹2,16,000

Company Contact Details:

802, 803 and 804, Crescent  Royale,  Veera

Desai Road, off New Link Road, Oshiwara,  

Andheri, Mumbai-400053,

Maharashtra, India

Phone:  022 - 6894 3898

Email:  investor@identicalbrains.com

Website:  https://identicalbrains.com/

 

Identical Brains Studios Limited IPO Registrar Details:

BIGSHARE SERVICES PRIVATE LIMITED

Office No. S6-2, 6th Floor, Pinnacle Business Park, nextto Ahura Centre,

Mahakali Caves Road, Andheri East,

Mumbai –400 093, Maharashtra, India

Telephone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: ipo.bigshareonline.com

 

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