Identical Brains Studios IPO Details
The Identical Brains Studios IPO is a book build issue with a total issue size of ₹19.95 cr, comprising of fresh issue of 3694000 equity shares. Identical Brains Studios IPO opened for subscription on Dec 18, 2024 and closed on Dec 20, 2024. Identical Brains Studios IPO is set price band at ₹51 to ₹54 per share, with a lot size of 2000 shares. Minimum investment for Retail investors was ₹216,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Dec 23, 2024, and listed on the NSE on Dec 26, 2024.
Bigshare Services Pvt Ltd has been appointed as the registrar. Socradamus Capital Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Identical Brains Studios IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 51 – 54
- Lot Size
- 2000
- Issue Size
- ₹19.95 Cr
- Minimum Investment
- ₹216000 (4000 Shares)
- Listing Date
- 26 December 2024
Current GMP
₹25 (+46.30%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Identical Brains Studios Limited
Identical Brains Studios Limited is a provider of high-quality visual effects (VFX) services, specializing in transforming ideas into captivating visual experiences for a variety of projects, including films, web series, TV shows, documentaries, and commercials. Operating from India, the company serves prominent film and content producers, including major Bollywood studios. Their VFX services include CGI, compositing, animation, 3D modeling, rotoscoping, and pre-visualization, among others.
The Indian VFX industry has experienced rapid growth, with projections to triple in size by 2030. This expansion is driven by factors such as skilled talent, competitive pricing, technological advancements, and government support. VFX is widely used across industries, including cinema, television, gaming, advertising, and architecture.
Identical Brains has contributed to major projects such as Adipurush, Mission Raniganj, Rocket Boys, and Scam 1992: The Harshad Mehta Story, which earned numerous industry accolades, including Filmfare and Dadasaheb Phalke Awards for Best Visual Effects. The studio also maintains a strong commitment to security, being a TPN-audited VFX provider, ensuring the protection of client content. They are also approved for projects with major platforms like Disney Hotstar and Amazon.
The company stands out for its flexibility, cost-effectiveness, and high standards of quality, catering to projects of all scales with quick turnaround times and scalability for long-term growth.
Identical Brains Studios IPO Promoters
- RAGHVENDRA RAI
- SAMEER RAI
Promoters Holding
Holding Pre Issue
86.53%
Holding Post Issue
0.00%
Identical Brains Studios IPO Objective
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Funding capital expenditure towards the renovation of the existing Andheri office and studio.
- Funding capital expenditure towards establishment of Colour Grading Digital Intermediate ("DI") and Sound Studio Set up a new branch office in Andheri.
- Funding capital expenditure towards the establishment of a new branch office in Lucknow.
- Funding capital expenditure for the purchase of computers, storage systems and software to further strengthen the existing facilities/offices of the company.
- Funding our incremental working capital requirements; and
- General corporate purposes
Address / Contact Info
Identical Brains Studios Limited
802, 803 and 804, Crescent Royale
Veera Desai Road, off. New Link Road
Oshiwara, Andheri, Mumbai - 400 053
Phone: 022 - 6894 3898
Email: investor@identicalbrains.com
Website: https://identicalbrains.com/
IPO Snapshot
Book Running Lead Managers
- Socradamus Capital Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Identical Brains Studios IPO is a Book-building IPO with a total issue size of ₹19.95 crore. The Identical Brains Studios IPO price band is ₹51 to 54 per share. The Identical Brains Studios IPO subscription opens on Wed, Dec 18, 2024, and closes on Fri, Dec 20, 2024. The Identical Brains Studios IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the Identical Brains Studios IPO.
The Identical Brains Studios IPO opens on Wed, Dec 18, 2024 and closes on Fri, Dec 20, 2024
Identical Brains Studios IPO Price Band is ₹51 to 54 per share.
Identical Brains Studios IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹216000 based on the upper price band
The minimum investment for Identical Brains Studios IPO is ₹216000, based on one lot of 2000 shares at the upper price band of ₹54 per share.
Investors can apply for the Identical Brains Studios IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Dec 20, 2024. The application amount remains blocked until the Identical Brains Studios IPO allotment is finalized.
Identical Brains Studios IPO issue size is ₹19.95 crores.
Identical Brains Studios IPO allotment date is Wed, Jul 1, 2026.
The registrar for Identical Brains Studios IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Identical Brains Studios IPO allotment status, refund processing, and other IPO-related information.
The Identical Brains Studios IPO GMP (Grey Market Premium) is ₹25 as of Thu, Dec 26, 2024. Based on the upper price band of ₹54 per share, the estimated Identical Brains Studios IPO listing price is ₹79, indicating a potential listing gain of approximately 0% over the issue price.