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Identical Brains Studios Limited IPO (Identical Brains Studios Limited IPO ) Details

Identical Brains Studios Limited

Identical Brains Studios Limited IPO 's overview

Identical Brains Studios Limited IPO is a book built issue of ₹19.95 Cr (19,94,76,000). The issue includes a fresh issue of 36.94 Lakh (36,94,000) shares aggregating to ₹19.95 Cr (19,94,76,000).

Identical Brains Studios Limited IPO is open for subscription on Dec 18, 2024 and closes on Dec 20, 2024. The allotment for Identical Brains Studios Limited IPO is expected to be finalized on Dec 23, 2024. The shares will list on NSE, BSE with tentative listing date fixed as Dec 26, 2024.

Identical Brains Studios Limited IPO price band is set at ₹51 to ₹54 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹1.02 Lakh (1,02,000).

Refer to Identical Brains Studios Limited IPO RHP for detailed information.

  • IPO date

    Dec 18,2024 - Dec 20,2024

  • Listing Date

    Dec 26,2024

  • Face value

    10

  • Price Band

    51 to ₹54 per share

  • Lot

    2000 Shares

  • Total Issue Size

    36.94 Lakh (36,94,000)

    aggregating up to 19.95 Cr (19,94,76,000)

  • Fresh Issue

    36.94 Lakh (36,94,000)

    aggregating up to ₹19.95 Cr (19,94,76,000)

  • Issue Type

    Book Building

  • IPO Type

    SME
  • Listing At

    NSEBSE

  • Pre Issue Size

    1.03 Cr (1,03,31,958)

  • Post Issue Size

    1.40 Cr (1,40,25,958)

  • Wed, Dec 18, 2024

    IPO Open

  • Fri, Dec 20, 2024

    IPO Close

  • Mon, Dec 23, 2024

    Basis of Allotment

  • Mon, Dec 23, 2024

    Initiation of Refunds

  • Tue, Dec 24, 2024

    Credit of Shares to Demat

  • Thu, Dec 26, 2024

    Listing

Identical Brains Studios Limited IPO Day-wise IPO GMP Trend

Identical Brains Studios Limited IPO last GMP is ₹30, last updated Dec 25,2024. With the price band of 54.00, Identical Brains Studios Limited IPO 's estimated listing price is ₹84 (cap price + today's GMP).The expected percentage gain/loss per share is 55.56%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
25-Dec-2454.0030
84(55.56%)25-Dec-2024 14:54
24-Dec-2454.0040
94(74.07%)24-Dec-2024 22:26
23-Dec-2454.0040
94(74.07%)23-Dec-2024 22:30
22-Dec-2454.0050
104(92.59%)22-Dec-2024 22:28
21-Dec-2454.0050
104(92.59%)21-Dec-2024 22:30
20-Dec-2454.0050
104(92.59%)20-Dec-2024 22:28
19-Dec-2454.0044
98(81.48%)19-Dec-2024 22:31
18-Dec-2454.0040
94(74.07%)18-Dec-2024 22:27
17-Dec-2454.0038
92(70.37%)17-Dec-2024 22:26
16-Dec-2454.0032
86(59.26%)16-Dec-2024 17:55
15-Dec-2454.0013
67(24.07%)15-Dec-2024 17:29
14-Dec-2454.0013
67(24.07%)14-Dec-2024 22:29
13-Dec-2454.000
54(0.00%)13-Dec-2024 22:26
12-Dec-2454.000
(0.00%)12-Dec-2024 08:32

Identical Brains Studios Limited IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

12,0001.08 Lakh (1,08,000)

Retail(Max)

12,0001.08 Lakh (1,08,000)

SHNI(Min)

24,0002.16 Lakh (2,16,000)

Identical Brains Studios Limited IPO Financial Information (Restated Consolidated)

LabelSep 30, 2024Mar 31, 2024Mar 31, 2023Mar 31, 2022
Assets2,183.641,702.39475.50226.38
Revenue1,149.622,026.38808.26390.75
Profit After Tax240.54534.65161.2851.01
Net Worth1,436.081,203.62288.51127.23
Reserves and Surplus402.89514.82287.51126.23
Total Borrowing17.0919.04
Identical Brains Studios Limited Financial Information

About Identical Brains Studios Limited

Incorporation Year: 2019
Industry: Visual Effects (VFX) and Computer-Generated Imagery (CGI)


Business Profile

Identical Brains Studios Limited specializes in delivering high-quality VFX and CGI services for the entertainment industry, including films, TV shows, web series, documentaries, and commercials. The studio is certified by the Trusted Partner Network (TPN), ensuring adherence to industry-leading security and quality standards.

Service Portfolio:

  • Rotoscoping
  • Paint and cleanup
  • 2D/3D compositing
  • CGI (Computer-Generated Imagery)
  • Camera tracking
  • Matte painting
  • 3D texturing
  • Motion graphics
  • Architectural visualization
  • Educational content production

The company is also expanding its capabilities with plans to introduce state-of-the-art color grading and digital intermediate facilities.


Achievements and Accolades

  1. Awards and Nominations:

    • Two Filmfare OTT Awards for Best Visual Effects:
      • Scam 1992: The Harshad Mehta Story (2020)
      • Rocket Boys (2022), in collaboration with Variate Studios LLP.
    • Dadasaheb Phalke Award for Best Visual Effects for Phone Bhoot (2022).
    • Multiple nominations across prestigious awards such as Filmfare OTT Awards, Filmfare Awards, and Dadasaheb Phalke Awards.
  2. Notable Projects:

    • Delivered VFX services for high-profile projects for platforms like Disney+ Hotstar and Amazon Prime Video.
    • Upcoming projects: Tanaav 2 and Criminal Justice 4.
  3. Fiscal Year 2024 Highlights:

    • Completed:
      • Two large-scale projects valued at ₹20 crore.
      • Six medium-sized projects.
      • 36 smaller projects totaling ₹2 crore.

Competitive Strengths

  1. Strategic Operations:

    • Operates in cost-efficient locations to optimize margins while maintaining high-quality output.
  2. Integrated Technology and Infrastructure:

    • Equipped with cutting-edge tools and resources to handle diverse VFX and CGI requirements.
  3. Creative and Technical Expertise:

    • Skilled team of creative professionals with expertise in visual effects and animation.
  4. Industry Reputation:

    • Established as a trusted provider of VFX services, with strong relationships across the entertainment industry.
  5. Sustainable Business Model:

    • High revenue visibility, opportunities for margin expansion, and consistent cash flow generation.
  6. Experienced Leadership:

    • A management team with extensive creative, technical, and managerial expertise, along with strong industry connections.

Future Outlook

Identical Brains Studios Limited is positioned for growth, driven by its reputation for delivering award-winning visual effects and expanding its service offerings. Its strategic collaborations, investment in cutting-edge infrastructure, and upcoming projects for leading streaming platforms are expected to fuel long-term profitability.

By leveraging its strong foothold in the VFX industry, the company is poised to attract a diverse range of projects and expand its market share in both domestic and international entertainment sectors.

Identical Brains Studios Limited IPO 's documents

Identical Brains Studios Limited Contact Details

802, 803, and 804, Crescent Royale, Veera Desai Road,
off. New Link Road, Oshiwara, Andheri,
Mumbai – 400 053, Maharashtra, India
Phone: 022 – 6894 3898
E-mail: [email protected]
Website: www.identicalbrains.com

Identical Brains Studios Limited IPO 's Promoters

The promoters of the company are Mr. Raghvendra Rai, and Mr. Sameer Rai.

Identical Brains Studios Limited IPO Registrar