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Identical Brains Studios Limited SME IPO
Issue Size (Net)
up to Rs.19.95 Cr
Price Band
Rs.51 to Rs.54 per share
Issue Opens
December 18, 2024
Issue Closes
December 20, 2024

Company Highlights

1.Company Information

Identical Brains Studios Limited was founded in 2019 and focusses on offering computer-generated visual effects (VFX) services. The organisation works on a wide variety of projects, such as documentaries, online series, television shows, movies, and advertisements. Identical Brains Studios has received a great deal of industry recognition for providing visual effects services for several critically praised productions. It has been linked to projects that have been nominated for two Filmfare OTT Awards, one Filmfare Award, and one Dadasaheb Phalke Award for Best Visual Effects, among other honours. Notably, the business, in partnership with Variate Studios LLP, has won two Filmfare OTT Awards for Best Visual Effects for Scam 1992: The Harshad Mehta Story (2020) and Rocket Boys (2022). Additionally, it won Phone Bhoot's Dadasaheb Phalke Award for Best Visual Effects (2022).

2. Strenghts

- operations in places that are financially appealing.
- Infrastructure and technology were integrated.
- competent technical and artistic staff.
- a solid reputation as a reliable supplier of visual effects services with connections across the entertainment sector.
- appealing business plan that offers strong prospects for long-term profit growth and cash flow generation together with notable revenue visibility.
- seasoned management group with connections in the industry and managerial, creative, and technological skills.

3. Objects of the Issue

- Funding capital expenditure towards the renovation of the existing Andheri office and studio.
- Funding capital expenditure towards establishment of Colour Grading Digital Intermediate ("DI") and Sound Studio Set up a new branch office in Andheri.
- Funding capital expenditure towards the establishment of a new branch office in Lucknow.
- Funding capital expenditure for the purchase of computers, storage systems and software to further strengthen the existing facilities/offices of the company.
- Funding our incremental working capital requirements; and
- General corporate purposes.

4.Identical Brains Studios Limited Registrar
Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

Identical Brains Studios Limited Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
30-Sep-24
2,183.64
1,149.62
240.54
1,436.08
402.89
17.09
31-Mar-24
1,702.39
2,026.38
534.65
1,203.62
514.82
19.04
31-Mar-23
475.50
808.26
161.28
288.51
287.51
31-Mar-22
226.38
390.75
51.01
127.23
126.23
Amount in Rs. Lakhs

Identical Brains Studios Limited IPO Details

Issue Opening Date
December 18, 2024
Issue Closing Date
December 20, 2024
Face Value
Rs.10 per share
Price
Rs.51 to Rs.54 per share
Lot Size
2000 Shares
Issue Size
36,94,000 shares (aggregating up to Rs.19.95 Cr)
Fresh Issue
36,94,000 shares (aggregating up to Rs. 19.95 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME

Identical Brains Studios Limited IPO Timeline

Event
Tentative Date
Opening Date
Wednesday, December 18, 2024
Closing Date
Friday, December 20, 2024
Basis of Allotment
Monday, December 23, 2024
Initiation of Refunds
Tuesday, December 24, 2024
Credit of Shares to Demat
Tuesday, December 24, 2024
Listing Date
Thursday, December 26, 2024
Cut-off time for UPI mandate confirmation
5 PM on December 20, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
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