Identical Brains Studios Limited

18 Dec 2024 - 20 Dec 2024 Individual Category SME NSE

Min Investment

₹204000

Price Band

₹51-₹54

Issue Size

26.46 lakhs
Equity Shares

Lot Size

2000 (per lot)

IPO Dates
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18 Dec 2024

Open Date

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20 Dec 2024

Close Date

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23 Dec 2024

Allotment Date

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26 Dec 2024

Listing Date

Identical Brains Studios IPO open date is on December 18, 2024 to December 20, 2024. This new IPO is a book-built issue of 26.46 lakh equity shares. This upcoming IPO is offering a fresh issue entirely. 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, indicating neutral sentiment among investors for this IPO.   Identical Brains Studios IPO lot size is 2000 shares and the allotment status is finalised on Monday, December 23, 2024. The minimum investment for retail investors is 1 lot, which is Rs 108,000. The registrar for Identical Brains Studios IPO is Bigshare Services Private Limited. The listing date is Thursday, December 26, 2024.  

Know Before Investing

Strengths icon

  • Identical Brains Studios IPO: Having an experienced management team with managerial
  • creative and technical expertise and industry relationships.
  • Establishing Colour Grading Digital Intermediate (“DI”) and Sound Studio Set up.

Weaknesses icon

  • Identical Brains Studios IPO: Directors and Promoters may enter into ventures which are in businesses similar to theirs.
  • Company experienced delays in filing GSTR-3B returns across multiple financial years.

About Identical Brains Studios Limited

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.

Founded

2019

Managing Director

-

Parent Organization

0

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.

Company Promoters

Raghvendra Rai

Sameer Rai

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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How to Apply for IPO

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IPO Allotment

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