Identical Brains Studios IPO
smelistedAbout the company
Identical Brains Studios Limited, a leading VFX provider, serves industries like film, TV, and web series, with projects such as *Tanaav 2*, *Adipurush*, and *Scam 1992*. The studio has won two Filmfare OTT Awards and a Dadasaheb Phalke Award. With a team led by Raghvendra Rai, the company offers innovative VFX solutions, ensuring security with TPN-audited standards. In FY24, the company reported ₹1,139.49 lakhs in revenue, ₹423 lakhs EBITDA, and ₹240.54 lakhs PAT, with a 21.11% PAT margin.
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
Completed18 Dec 2024Bidding starts for all investor categories
IPO Closes
Completed20 Dec 2024Last day to place your bid
Basis of Allotment
Completed23 Dec 2024Share allotment finalised
Refund Initiation
Completed24 Dec 2024Refunds credited for non-allottees
Credit to Demat
Completed24 Dec 2024Allotted shares credited to demat account
Listing on Exchange
Completed25 Dec 2024Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 2000 | ₹108,000 | 1 | ₹108,000 | 1 lot only |
| HNI | 2 | 4000 | ₹216,000 | 2 | ₹216,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 1,809,524 | 9.5 | 0 | 0.00x | 100% |
| NII | 15% | 542,857 | 2.85 | 0 | 0.00x | 100% |
| Retail | 35% | 1,266,667 | 6.65 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
