Identical Brains Studios Ltd
Price Range
₹51 - ₹54
Min. Quantity
2,000
Closes on
20 December 2024
Min. investment
₹1,08,000/2,000 Shares
Identical Brains Studios Ltd IPO Timeline
Identical Brains Studios Limited was incorporated as a One Person Company under the name 'Identical Brains (OPC) Private Limited' vide dated February 04, 2019 issued by the Assistant Registrar of Companies, Central Registration Centre, Manesar. Further, Company was converted from a OPC to Private Limited Company and the name of the Company was changed to 'Identical Brains Private Limited' with a fresh Certificate of Incorporation dated July 08, 2021 in Mumbai. Subsequently, the name again changed to 'Identical Brains Studios Private Limited' dated June 18, 2024. Thereafter, the status of the Company converted from a Private Limited to a Public Limited and the name was changed to 'Identical Brains Studios Limited' with a fresh Certificate of Incorporation dated August 12, 2024, issued by the Assistant Registrar of Companies, Central Registration Centre.
| Event | Date |
|---|---|
| Identical Brains Studios Ltd IPO Opening Date | 18 December 2024 |
| Identical Brains Studios Ltd IPO Closing Date | 20 December 2024 |
| Basis of Allotment | 23 December 2024 |
| Initiation of Refunds | 24 December 2024 |
| Credit of Shares to Demat | 24 December 2024 |
| Identical Brains Studios Ltd IPO Listing Date | 26 December 2024 |
Identical Brains Studios Ltd IPO Details
| Identical Brains Studios Ltd IPO Date | 18 December 2024 to 20 December 2024 |
| Identical Brains Studios Ltd IPO Face Value | ₹10 per share |
| Identical Brains Studios Ltd IPO Price | ₹51 to ₹54 per share |
| Identical Brains Studios Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹19.95 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹19.95 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 7,04,000 of the Net Offer |
| Retail Shares Offered | Not less than 12,28,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 5,28,000 of the Net Offer |
| Company Promoters | Raghvendra Rai, Sameer Rai |
Identical Brains Studios Ltd IPO Lot Size
The Identical Brains Studios Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,08,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,08,000 |
| Maximum | 1 | 2,000 | ₹1,08,000 |
- Strengths
- Risks
- Opportunities
- Integrated and highly scalable service delivery capabilities.
- Reputation as a trusted provider of VFX Services with established relationships throughout the Entertainment Industry.
- Attractive business model, with significant revenue visibility and compelling opportunities for long-term margin expansion and cash flow generation.
- Experienced management team with managerial, creative and technical expertise and industry relationships.
Company Financials
Identical Brains Studios Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 17.02 | 20.26 | 5.35 |
| 03-2023 | 4.75 | 8.08 | 1.61 |
| 03-2022 | 2.26 | 3.91 | 0.51 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure towards renovation of existing Andheri office and Studio
- Funding capital expenditure towards establishment of Colour Grading Digital Intermediate (DI) and Sound Studio set up at new branch office
- Funding capital expenditure towards establishment of new branch office in
- Funding capital expenditure for purchase of computers storage systems and software to further strengthen the existing facilities/office of the company
- Funding its incremental working capital requirements and
- General corporate purposes
Identical Brains Studios Ltd IPO Promoter Holding
| Pre Issue Share Holding | 85.66% |
| Post Issue Share Holding | 63.1% |
Identical Brains Studios Ltd IPO Subscription Status (Bidding Detail)
The Identical Brains Studios Ltd IPO is subscribed 506.0945 times on 20 December 2024 05:00:00 PM. The public issue subscribed 544.2785 times in the retail category, 187.358 times in the QIB category, and 1020.553 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 187.358 | 1020.553 | 544.2785 | - | 506.0945 |
Identical Brains Studios Ltd IPO Prospectus
Identical Brains Studios Ltd IPO Listing Date
| Listing Date | 26 December 2024 |
| BSE Script | 93645 |
| NSE Symbol | IDENTICAL |
| Listing In | NSE - SME |
| ISIN | INE0TD101011 |
| IPO Price | ₹54 |
| Face Value | ₹10 |
Company Contact Information
802,803 & 804 Crescent RoyaleVeera Desai Rd Off.New Link Rd,Mumbai-400053
Phone: 022-6894 3898
Email: investor@identicalbrains.com
Website: www.identicalbrains.com
Identical Brains Studios Ltd IPO Registrar
Identical Brains Studios Ltd IPO Lead Manager(s)
- Socradamus Capital Pvt Ltd
FAQ
What is the issue size of Identical Brains Studios Ltd IPO?
I have pre-applied for Identical Brains Studios Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.