Identical Brains Studios IPO Details
The key details of Identical Brains Studios’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹19.95 Cr |
| Price Range | ₹51 - ₹54 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 2000 |
| Investment (cut-off price) | ₹108,000 |
| Pre IPO Promotor Holding | 86.53% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Identical Brains Studios IPO Timelines
The IPO process for Identical Brains Studios includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
18/12/2024
Start Date20/12/2024
End Date24/12/2024
Refund Initiation24/12/2024
Credit of Shares to Demat Ac26/12/2024
Listing DateIdentical Brains Studios IPO Lot Size
The Identical Brains Studios IPO has a fixed lot size of 2,000 shares, at an upper price band of ₹54 per share, requiring ₹108,000 per lot for retail investors. For HNI investors, the minimum application is 4,000 shares (2 lots) amounting to ₹216,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹1,08,000 |
| Retail Maximum | 1 | 2000 | ₹1,08,000 |
| S-HNI Minimum | 2 | 4000 | ₹2,16,000 |
Identical Brains Studios IPO Subscription Status
The subscription status for Identical Brains Studios IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 187.36x | 1,020.20x | 544.28x | -- | 544.28x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹95 | ₹99.75 | ₹99.75 | ₹90.25 |
Identical Brains Studios IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹3.89 | ₹3.21 | ₹0.51 |
| FY 2023 | ₹8.04 | ₹5.85 | ₹1.61 |
| FY 2024 | ₹20.09 | ₹12.89 | ₹5.35 |
About Company
Incorporated in 2019, Identical Brains Studios Limited specializes in providing computer-generated visual effects (VFX) services for films, web series, TV series, documentaries, and commercials. The company has collaborated with major Bollywood studios and content producers, delivering award-winning work recognized with Filmfare OTT Awards for “Scam 1992” and “Rocket Boys” and a Dadasaheb Phalke Award for “Phone Bhoot.” Their expertise spans diverse VFX techniques, including CGI, compositing, 3D modeling, animation, and more, elevating storytelling and visual experiences.
The Indian VFX industry has seen remarkable growth, from USD 107.7 million in 2020 to USD 647.2 million in 2023, and is projected to reach USD 1,823 million by 2030. Identical Brains Studios is well-positioned in this thriving sector, driven by the resurgence of Indian cinema, streaming platforms, and gaming. With a strong portfolio of recent projects like “Mission Raniganj,” “Dream Girl 2,” and “Adipurush,” the company continues to innovate and expand, leveraging technological advancements and market demand to solidify its industry standing.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2019 | Media & Entertainment | View Status |
Know Before Investing
Identical Brains Studios IPO Strengths
- Operates in cost-effective regions, maximizing profitability while maintaining service quality for global clients.
- Leverages advanced technology and infrastructure to deliver seamless and high-quality VFX solutions.
- Renowned for delivering exceptional VFX services with strong relationships across the entertainment industry.
- Sustains long-term growth through steady revenue streams and opportunities for margin expansion and cash flow generation.
- Led by industry veterans with expertise in management, creativity, and technical execution, ensuring strategic excellence.
Identical Brains Studios IPO Risks
- The company’s performance is heavily reliant on the film and entertainment industry, which can be volatile and affected by changing consumer preferences.
- As a relatively new player in the public market, there is limited financial history available for investors to assess long-term stability.
- Operating in a regulated industry, any failure to meet compliance standards could impact operations and project approvals.
- The VFX industry is highly competitive, with numerous established players that could affect market share and pricing power.
Swot Analysis for Identical Brains Studios IPO
Strengths
Innovative VFX Solutions, Diverse Portfolio, Strong Client Relationships, Award-Winning Work
Weaknesses
Limited Brand Recognition, Dependence on Film Industry, High Operational Costs
Opportunities
Growing VFX Market, Expansion Plans, Technological Advancements
Threats
Technological Advancements, Economic Volatility, Regulatory Compliance Risks
Company Details
Identical Brains Studios Limited
802, 803 and 804, Crescent Royale,
Veera Desai Road, off. New Link Road,
Oshiwara, Andheri, Mumbai – 400 053,
Phone: 022 – 6894 3898
Email: investor@identicalbrains.com
Website: https://identicalbrains.com/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
FAQs
The key objectives of Identical Brains Studios IPO are:
- Renovation of the Andheri office and studio.
- Establishment of Colour Grading DI and Sound Studio in Andheri.
- Setting up a new branch office in Lucknow.
- Purchase of computers, storage systems, and software.
- Funding incremental working capital requirements.
- General corporate purposes.
Socradamus Capital Private Limited is the book-running lead managers for the Identical Brains Studios IPO.