Identical Brains Studios IPO GMP, Open Date, Price Band, Allotment Status

Identical Brains Studios IPO open date is on December 18, 2024 to December 20, 2024. This new IPO is a book-built issue of worth up to Rs 19.95 crores of equity shares. This upcoming IPO is offering entirely a fresh issue of up to 36.94 lakh equity shares.

Identical Brains Studios IPO price band is Rs 51 to Rs 54 per share. As of now, Identical Brains Studios IPO GMP is at 0 indicates netural sentiment for this IPO among investors.  

Identical Brains Studios IPO lot size is 2000 shares and the allotment status is finalised on Monday, December 23, 2024. The minimum investment for the retail investors is 1 lot that is Rs 108,000. The registrar for Identical Brains Studios IPO is Bigshare Services Private Limited. The listing date is Thursday, December 26, 2024.

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Identical Brains Studios IPO GMP

Currently, Identical Brains Studios IPO GMP (grey market premium) is Rs 0. It is expected that the listing price can be the same as the allotment price, which is Rs 54 per share. However, if the subscription is oversubscribed in the upcoming time, then Identical Brains Studios IPO GMP may go up.

Identical Brains Studios IPO Price Band

Identical Brains Studios IPO price band is Rs 51 to Rs 54 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,08,000 (54 x 2000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,16,000 (54 x 4000 shares).

Identical Brains Studios Allotment Status

Identical Brains Studios IPO Allotment status will be available on its registrar Bigshare Services Private Limited website on Monday, December 23, 2024, once the subscription ends after the closing of IPO bidding. The allotment status of investors who applied for IPO will be available on the registrar's website.

Identical Brains Studios Listing Date

Identical Brains Studios IPO listing date has been decided on Thursday, December 26, 2024. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Identical Brains Studios IPO: Listing Date, Lot Size, Issue Size, Price Band

Identical Brains Studios IPO: About the Company

Identical Brains Studios Limited, incorporated in 2019, in Mumbai, it is visual effects (VFX) based company known for its solutions in the entertainment industry.

With a focus on delivering high-quality VFX for films, web series, and commercials, the company has collaborated with prominent Bollywood studios and streaming platforms.

Over the years, Identical Brains has expanded its workforce from four to over 140 professionals, reflecting its growth and ambition. The firm is currently preparing for an initial public offering (IPO) to raise funds for further expansion and enhancement of its facilities.

Recognized for its excellence, Identical Brains has received awards, including Filmfare awards for Best VFX Series. The company aims to solidify its position as a leader in India’s VFX market. With upcoming projects like Criminal Justice 4, the studio continues to establish its position in the industry.

Identical Brains Studios IPO Objectives

Identical Brains Studios IPO objectives include utilizing the funding received from the fresh issue for various objectives, including renovating its existing Andheri office and studio, establishing a Colour Grading Digital Intermediate (DI) and Sound Studio, setting up a new branch office in Andheri and Lucknow, and purchasing computers, storage systems, and software to enhance existing facilities. Further the funds will be used for incremental working capital requirements and for general corporate purposes.

Identical Brains Studios IPO: Key Dates, Allotment, Listing Date

Identical Brains Studios IPO Subscription status, IPO Reservation

Identical Brains Studios IPO subscription reservations are as follows: not more than 50% of the net offer is reserved for Qualified Intuitional Buyers, not less than 35% of the net offer is reserved for the retail category and not less than 15% of the net offer is reserved for the HNI category.

Identical Brains Studios IPO Lot Size Details

Identical Brains Studios IPO lot size is set at 2000 shares per lot. The minimum funds required for retail investors to participate in this IPO is Rs 1,08,000 (54 x 2000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,16,000 (54 x 4000 shares).

Identical Brains Studios IPO Promoter Holdings

Identical Brains Studios IPO promoters Raghvendra Rai and Sameer Rai. The promoter's combined shareholdings before the IPO were 86.53%; however, post-IPO, their shareholdings will decline.

Identical Brains Studios Limited Company Financials (Amt in Lakhs)

Lead Manager and Registrar of Identical Brains Studios IPO

The IPO is managed by Socradamus Capital Private Limited, which is the book-running lead manager for this public issue. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

How to apply to the Identical Brains Studios IPO

Interested investors who wants to apply to the Identical Brains Studios IPO can directly apply from the Bigul trading app, or you can apply on Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.

Identical Brains Studios IPO FAQs

1. What are the core details available of the Identical Brains Studios IPO?

Identical Brains Studios IPO is a book-built issue worth up to Rs 19.95 crores. This upcoming IPO is entirely a fresh issue of up to 36.94 lakh equity shares of worth up to Rs 19.95 crores.

2. What is the Identical Brains Studios IPO open date and close date?

Identical Brains Studios IPO subscription opens on Wednesday, December 18, 2024, and closes on Friday, December 20, 2024.

3. What is Identical Brains Studios IPO GMP?

Currently, Identical Brains Studios IPO GMP (grey market premium) is Rs 0. It is expected that the listing price can be the same as the allotment price, which is Rs 54 per share. However, if the subscription is oversubscribed in the upcoming time, then Identical Brains Studios IPO GMP may go up.

4. How do you check the IPO Allotment status?

Identical Brains Studios IPO Allotment status are available on its registrar, Bigshare Services Private Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who is the registrar and lead managers for Identical Brains Studios IPO?

The IPO is managed by Socradamus Capital Private Limited which is the book-running lead manager for this public issue. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

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