58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Identical Brains Studios Limited IPO (Identical Brains Studios IPO) Detail

Identical Brains Studios IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Film And Animation - VFX sector. Socradamus Capital Private is the merchant banker of Identical Brains Studios IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th August 2024.

Identical Brains Studios IPO open date is 18th December 2024 and close date is 20th December 2024. IPO Allotment Date is 23rd December 2024 and Listing date is 26th December 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹19.95 Cr. Avg IPO Size (Sector Based) : ₹ 25.31 cr.
  • Sector: Film And Animation - VFX SME IPO so far: 15
  • Merchant Banker: Socradamus Capital SME IPO by BRLM so far: 47
  • City: Mumbai SME IPO so far: 280
  • Revenue (annualised): ₹ 22.98 cr
            (annualised): ₹ 4.80 cr
  • PE Ratio: 15.74x Average Sector PE Ratio: 12.46x

Identical Brains Studios IPO Date

Date of DRHP:
28th August 2024
IPO Allotment Date:
23rd December 2024
IPO Open Date:
18th December 2024
Initiation of Refund:
24th December 2024
IPO Closing Date:
20th December 2024
IPO Listing Date:
26th December 2024

Identical Brains IPO Info, Size, Subscription

Identical Brains Studios IPO size is Rs 19.95 Cr. crores with IPO price of Rs 54.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 19.95 Cr.

Issue Price:
₹ 54.00

Market Capitalisation :
₹ 75.74 Cr.

PE multiple :
15.74

Subscription :
544.28 times

Pre Issue Promoter Holding :
86.53 %

Post Issue Promoter Holding :
0.00%

Identical Brains Studios IPO Information

Sub Sector : computer-generated visual effects ("VFX") services
Identical Brains Studios is a provider of computer-generated visual effects (“VFX”) services, offering comprehensive suite of VFX services in diverse range of projects such as films, web series, TV series, documentaries, and commercials. Identical Brains Studios operations are currently from India and their customers include some of the leading film and content producers, including major Bollywood Studios. Identical Brains Studios transform the imagination, ideas, and words into captivating visual realities. Identical Brains Studios team of qualified, creative and technical professionals collaborates to bring forth creations that elevate storytelling and captivate audiences worldwide. Whether it’s breathing life into fantastical creatures or seamlessly integrating Computer-generated imagery (“CGI”) elements into live-action footage, they are committed to pushing the boundaries of creativity and innovation in visual effects.

Object of Issue (Identical Brains IPO Objectives)

  • 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 in Andheri;
  • Funding capital expenditure towards establishment of new branch office in Lucknow
  • Funding capital expenditure for purchase of computers, storage systems and software to further strengthen the existing facilities/offices of the company
  • Funding their incremental working capital requirements
  • General corporate purposes.

Socradamus Capital Private Limited is the book-running lead manager of the Identical Brains Studios IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Identical Brains Studios IPO.

Identical Brains IPO Market Maker

Rikhav Securities Limited

Identical Brains IPO Registrar (RTA)

Bigshare Services Private Limited

Identical Brains IPO Lead Manager (BRLM)

Socradamus Capital Private Limited

Identical Brains Studios IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.

Anchor Investors in Identical Brains IPO

No. of Anchor Investors: 5

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
Holani Venture Capital 192,000.00 ₹54.00 ₹10,368,000.00
Vikasa India EIF 232,000.00 ₹54.00 ₹12,528,000.00
Rajasthan Global Securities 186,000.00 ₹54.00 ₹10,044,000.00
LRSD Securities Private 186,000.00 ₹54.00 ₹10,044,000.00
Abundantia Capital VCC 252,000.00 ₹54.00 ₹13,608,000.00

Identical Brains Studios IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Identical Brains Studios IPO?

Identical Brains Studios IPO, based in Mumbai, operates in the   Film And Animation - VFX sector with a focus on computer-generated visual effects ("VFX") services. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Identical Brains Studios IPO size is ₹ 19.95 Cr. Crores with fresh issue size of Rs 19.95 Cr. Crores and Offer for sale being Nil.

When is Identical Brains IPO allotment?

The IPO allotment date for Identical Brains Studios IPO is expected to be 23rd December 2024, after the finalization of basis of allotment. Investors can check Identical Brains Studios IPO allotment status on the registrars website, Bigshare Services Private Limited. Identical Brains Studios IPO refund dates are 24th December 2024.

When is Identical Brains Studios IPO listing date?

Identical Brains Studios IPO is expected to be listed on 26th December 2024.

What is the price band for Identical Brains IPO?

The upper price band for the Identical Brains Studios IPO is set at ₹ 54.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Identical Brains Studios IPO Review?

For IPO analysis on Identical Brains Studios IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Identical Brains Studios IPO?

To apply for the Identical Brains Studios IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 20th December 2024. After submission, funds are blocked until the basis of allotment of Identical Brains Studios IPO is finalised.

Who is the merchant banker of Identical Brains IPO?

The merchant banker for Identical Brains Studios IPO is Socradamus Capital Private Limited . Socradamus Capital Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Identical Brains Studios IPO RHP for further details.

Who is the Registrar of Identical Brains Studios IPO?

The registrar for Identical Brains Studios IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Identical Brains Studios IPO through their official website or helpline.

What is the Identical Brains Studios IPO subscription?

Identical Brains Studios IPO was subscribed 544.28 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

Peer Companies Of This Sector

FAQs

Identical Brains Studios IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Identical Brains Studios Financial Review Page

Identical Brains Studios IPO subscription was 544.28 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Identical Brains Studios IPO listed at a listing price of 95.00 against the offer price of 54.00.

The current market price of Identical Brains Studios is 42.15.

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