Issue Price
₹54
Per Share
GMP
NIL
Grey Market
Est. Listing
₹54
Expected Price
Min. Application
₹216,000
2 lots × 2000 shares
Incorporated in 2019, Identical Brains Studios Limited offers computer-generated visual effects ("VFX") services. The company provides VFX services for projects such as films, web series, TV series, documentaries, and commercials.The company has provided VFX services for films that received two Filmfare OTT Awards nominations, one Filmfare Awards nomination, one Dadasaheb Phalke Awards nomination and more for Best Visual Effects.The company has also won two Filmfare OTT Awards for Best Visual Effects for Scam 1992: The Harshad Mehta Story (2020) and Rocket Boys (2022) in association with Variate Studios LLP and one Dadasaheb Phalke Awards for Phone Bhoot (2022) for Best Visual Effect.Competitive Strengths:Operations in economically attractive locations.Integrated technology and infrastructure.Skilled creative and technical workforce.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.
Identical Brains Studios Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 186,000 | — | ₹1.00 Cr | — |
| TOTAL | 3,694,000 | 100.00% | ₹19.95 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹108,000 |
| Retail (Max) | 13 | 26,000 | ₹1,404,000 |
| sNII (Min) | 14 | 28,000 | ₹1,512,000 |
| bNII (Min) | 68 | 136,000 | ₹7,344,000 |
| Particulars | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 1149.62 | 2026.38 | 808.26 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 240.54 | 534.65 | 161.28 |
| Net Worth | 1436.08 | 1203.62 | 288.51 |
| Total Assets | 2183.64 | 1702.39 | 475.50 |
| Reserves & Surplus | 402.89 | 514.82 | 287.51 |
| Total Borrowings | 17.09 | 19.04 | N/A |