IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Picture Post 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. Shreni Shares is the merchant banker of Picture Post Studios IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 22nd May 2024.
Picture Post Studios IPO open date is 2nd August 2024 and close date is 6th August 2024. IPO Allotment Date is 7th August 2024 and Listing date is 9th August 2024.Picture Post Studios IPO size is Rs 18.72 Cr. crores with IPO price of Rs 24.00 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.
Shreni Shares Limited is the book-running lead manager of the Picture Post Studios IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Shreni Shares Limited for Picture Post Studios IPO.
Picture Post Studios IPO anchor investors are the below investors. The number of anchor investors in this IPO is 2.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Chanakya Opportunities Fund | 834,000.00 | ₹24.00 | ₹20,016,000.00 |
| Craft Emerging Market | 1,374,000.00 | ₹24.00 | ₹32,976,000.00 |
Picture Post Studios IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Picture Post Studios IPO, based in Mumbai, operates in the Film And Animation - VFX sector with a focus on VFX and CGI related services. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Picture Post Studios IPO size is ₹ 18.72 Cr. Crores with fresh issue size of Rs 18.72 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Picture Post Studios IPO is expected to be 7th August 2024, after the finalization of basis of allotment. Investors can check Picture Post Studios IPO allotment status on the registrars website, Bigshare Services Private Limited. Picture Post Studios IPO refund dates are 8th August 2024.
Picture Post Studios IPO is expected to be listed on 9th August 2024.
The upper price band for the Picture Post Studios IPO is set at ₹ 24.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Picture Post 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.
To apply for the Picture Post 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 6th August 2024. After submission, funds are blocked until the basis of allotment of Picture Post Studios IPO is finalised.
The merchant banker for Picture Post Studios IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Picture Post Studios IPO RHP for further details.
The registrar for Picture Post 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 Picture Post Studios IPO through their official website or helpline.
Picture Post Studios IPO was subscribed 266.60 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 18.72 Cr.
Avg IPO Size (Sector Based)
:
₹ 25.31 Cr.
Sector: Film And Animation - VFX
SME IPO so far:
15
Merchant Banker:
Shreni Shares
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 134.16 cr.
PE
Ratio:
20.47x
Average Sector PE Ratio: 12.46x
Picture Post Studios IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Picture Post Studios Financial Review Page
Merchant Banker(s) of Picture Post Studios IPO: Shreni Shares Limited
Picture Post Studios IPO subscription was 266.60 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.
Picture Post Studios IPO listed at a listing price of 31.50 against the offer price of 24.00.
The current market price of Picture Post Studios is 29.50.
Why Us?
