Picture Post Studios IPO Details
An Initial Public Offering (IPO) is a process where a company issues new shares to the public for the first time. By doing so, the company raises capital to fund its growth and expansion plans. Picture Post Studios Limited is a company specializing in VFX (Visual Effects) and CGI (Computer-Generated Imagery) services, and their upcoming IPO will allow them to raise funds to purchase new equipment and software, potentially furthering their growth trajectory.
Key Details of the Picture Post Studios IPO
| Lot Size | 6000 Shares |
| Total Issue Size | 7,800,000 shares (aggregating up to ₹18.72 Cr) |
| Fresh Issue | 7,800,000 shares (aggregating up to ₹18.72 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre-issue | 21,500,000 |
| Shareholding post issue | 29,300,000 |
| Market Maker portion | 396,000 shares |
| IPO Date | August 2, 2024 to August 6, 2024 |
| Price Band | ₹22 to ₹24 per share |
Important dates for Picture Post Studios IPO
| IPO Open Date | Friday, August 2, 2024 |
| IPO Close Date | Tuesday, August 6, 2024 |
| Basis of Allotment | Wednesday, August 7, 2024 |
| Initiation of Refunds | Thursday, August 8, 2024 |
| Credit of Shares to Demat | Thursday, August 8, 2024 |
| Listing Date | Friday, August 9, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 6, 2024 |
Company Background
Incorporated in 2019, Picture Post Studios Limited is a company that specializes in movie editing, computer-generated imagery (CGI), visual effects (VFX), video conversion, grading, and mastering films and commercials for various channels and digital platforms.
The company offers a wide range of services for the entertainment industry. It specializes in visual effects, post-production, colour grading, motion design, and creating captivating visual experiences for global audiences.
The company offers the following services
- Offline Editing Services
- Computer Generated Imagery (“CGI”)
- Mastering and Quality Check
- Visual Effects (VFX)
- Color Grading
- Creative Editorial
IPO GMP (Grey Market Premium)
The Grey Market Premium (GMP) refers to the unofficial premium that a company’s shares trade for in the unlisted market before the official listing on the stock exchange. It’s important to note that GMP is not an indicator of a company’s future performance and should only be considered one factor among many when making investment decisions. You can find more information about the Picture Post Studios IPO GMP on financial websites.
Picture Post Studios Day-wise IPO GMP Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price | Last Updated |
|---|---|---|---|---|---|
| 06-08-2024 Close | 24.00 | ₹10  |
45600 | ₹34 (41.67%) | 6-Aug-2024 |
| 05-08-2024 | 24.00 | ₹10  |
45600 | ₹34 (41.67%) | 5-Aug-2024 |
| 04-08-2024 | 24.00 | ₹17 |
77500 | ₹41 (70.83%) | 4-Aug-2024 |
| 03-08-2024 | 24.00 | ₹17 |
77500 | ₹41 (70.83%) | 3-Aug-2024 |
| 02-08-2024 Open | 24.00 | ₹17 |
77500 | ₹41 (70.83%) | 2-Aug-2024 |
| 01-08-2024 | 24.00 | ₹17  |
77500 | ₹41 (70.83%) | 1-Aug-2024 |
| 31-07-2024 | 24.00 | ₹15 |
68400 | ₹39 (62.5%) | 31-Jul-2024 |
Picture Post Studios IPO Subscription Status
Picture Post Studios IPO subscribed 189.16 times. The public issue subscribed 246.49 times in the retail category, 56.08 times in QIB, and 232.43 times in the NII category by August 6, 2024.
Picture Post Studios IPO Allotment Status Online
Picture Post Studios IPO allotment is expected on August 7, 2024.
Picture Post Studios IPO allotment status is not available at this time. Picture Post Studios IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for Picture Post Studios Limited’s IPO allotment status.
To check Picture Post Studios IPO allotment status, follow the steps below:
- Click on the below allotment status check button.
- Select Company Name.
- Enter your PAN Number, Application Number or DP Client ID (Anyone).
- Click on Search.
On securing the allotment, you will receive the credit of equivalent shares in your Demat account.
If you have any concerns or queries about the allotment status, contact Bigshare Services Pvt Ltd either by phone or email. Investors can call on +91-22-6263 8200 or send an email with all relevant details to ipo@bigshareonline.com.
IPO Reviews and Analysis
Several financial websites and analysts have published reviews and analyses of the Picture Post Studios IPO. These reviews can provide valuable insights into the company’s financials, future prospects, and potential risks. It’s recommended to conduct your own research and consult with a financial advisor before making any investment decisions.
Why Consider Investing in the Picture Post Studios IPO?
- Here are some potential reasons to consider investing in the Picture Post Studios IPO:
- High-Growth Industry: The VFX and CGI industry is expected to experience significant growth in the coming years.
- Strong Financial Performance: The company’s recent financial performance indicates strong growth potential.
- Fund for Expansion: The IPO proceeds will be used to fund the company’s expansion plans, potentially leading to future growth.
Risks Associated with the Picture Post Studios IPO
- As with any investment, there are inherent risks associated with the Picture Post Studios IPO. Here are some factors to consider:
- Aggressive Pricing: The IPO price band may be considered aggressive compared to the company’s financials.
- Competition: The VFX and CGI industry is competitive, and Picture Post Studios may face challenges from established players.
- Dependence on Key Personnel: The company’s success may depend heavily on the skills and expertise of its key personnel.
Conclusion
The Picture Post Studios IPO presents a potential opportunity for investors to participate in the growth of a company in the high-demand VFX and CGI industry. However, it’s crucial to carefully consider the associated risks before making any investment decisions. Conduct thorough research, analyze the company’s financials, and consult with a financial advisor to determine if the Picture Post Studios IPO aligns with your investment goals and risk tolerance.
Disclaimer
This content is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions
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