Picturepost Studios Ltd IPO

Picturepost Studios Limited is a creative and innovative post-production Company specializing in film editing, Computer Generated Imagery (CGI), visual effects (VFX), video conversion, grading, film and Commercial mastering of channels and digital platforms. The Company was established in the year 2019 as a Limited Liability Partnership (LLP). Picturepost Studios Limited, with a team of professionals, offer a wide range of services to cater to the diverse needs of the entertainment industry. The Company is one of the visual effects Company covering the entire spectrum of postproduction requirements ranging from digital intermediates and visual effects to online editorials and operates as a studio, specializing in Films, Web series and advertisements, With a strong focus on high-end colour grading, motion design, visual effects, and online editing. The Company pushes creative boundaries and embraces innovation.

Open Demat Account

50years

Picturepost Studios Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 78 LTBA₹ 25.98 L₹ 200 LNSE₹ 18.72 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
02 Aug, 2406 Aug, 246000 ₹ 1,32,000 Book Building - SME09 Aug, 24

Picturepost Studios Ltd IPO Dates

  • 02 Aug 2024

    Opening date

  • 06 Aug 2024

    Closing date

  • 07 Aug 2024

    Basis of
    Allotment

  • 08 Aug 2024

    Initiation of
    Refunds

  • 08 Aug 2024

    Credit of
    Shares

  • 09 Aug 2024

    Listing date

Details

SectorType
SectorEntertainment
Sub SectorElectronic Media Software
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB40.64x3690000149958000
NII391.3x1116000436692000
Retail315.56x2598000819816000
Employee0x00
Total180.32x78000001406466000

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Picturepost Studios Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations4.91TBATBA
EBITDA6.28TBATBA
PAT2.92TBATBA
Total Assets9.27TBATBA
Share Capital2.15TBATBA
Total Borrowings7.12TBATBA
Operating Activities (Net Cash)4.29TBATBA
Investing Activities (Net Cash)0.10TBATBA
Financing Activities (Net Cash)7.12TBATBA
Net Cashflow0.04TBATBA

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Picturepost Studios Ltd

Picturepost Studios Limited was originally formed as Limited Liability Partnership Firm under the name and style of M/s. Prodace Solutions LLP pursuant to a Certificate of incorporation issued by Registrar of Companies, Central Registration Centre, dated August 22, 2019 with LLP registration number being AAQ-3343. Subsequently, the name of the LLP was changed to Picturepost Studios LLP with Certificate of Incorporation pursuant to change of name issued by Registrar of Companies, Central Registration Centre, dated August 26, 2022. M/s. Picturepost Studios LLP was thereafter converted into a Private Limited Company Picturepost Studios Private Limited pursuant to the provisions of Chapter XXI of the Companies Act, 2013 and fresh a certificate of incorporation dated June 01, 2023 was issued by Registrar of Companies, Central Registration Centre. Subsequently, the Company has been converted into a public limited company and the name of our Company changed to Picturepost Studios Limited pursuant to a special resolution passed at the Extra-Ordinary General Meeting of the Company held on February 21, 2024 and a fresh Certificate of incorporation dated May 14, 2024 issued by the Registrar of Companies, Mumbai. The Corporate Identity Number of the Company is U62099MH2023PLC404020.

The Indian Media and Entertainment (M&E) industry is a sunrise sector for the economy and is making significant strides. The increasing availability of fast and cheap internet, rising incomes, and increasing purchases of consumer durables have significantly aided the industry. India's media and entertainment industry are unique as compared to other markets. The industry is well known for its extremely high volumes and rising Average Revenue Per User (ARPU).

Picturepost Studios Limited is a creative and innovative post-production Company specializing in film editing, Computer Generated Imagery (CGI), visual effects (VFX), video conversion, grading, film and Commercial mastering of channels and digital platforms. The Company was established in the year 2019 as a Limited Liability Partnership (LLP). Picturepost Studios Limited, with a team of professionals, offer a wide range of services to cater to the diverse needs of the entertainment industry. The Company is one of the visual effects Company covering the entire spectrum of postproduction requirements ranging from digital intermediates and visual effects to online editorials and operates as a studio, specializing in Films, Web series and advertisements, With a strong focus on high-end colour grading, motion design, visual effects, and online editing. The Company pushes creative boundaries and embraces innovation.

Peer Comparison:

  • Phantom Digital Effects Ltd
  • Prime Focus Ltd
  • Digikore Studios Ltd

Picturepost Studios Ltd IPO Key Points

Strengths

  • Entrenched relationships with marquee Clients.
  • Having enrolled as the trusted partners by Trusted Partner Network (TPN).
  • Introduce Innovative techniques.
  • Proprietary technology platform that ensures scalability.

Risk

  • The company has certain outstanding litigation against it, its Directors and Promoters, an adverse outcome of which may adversely affect its business, reputation and results of operations.
  • The Company had negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.
  • The Company operates in a constantly evolving VFX market, which is subject to rapidly changing client's behaviour and tastes and depends on the acceptance of content by the audience through which the Company gains the longterm popularity of its name.

Strategy

  • Expand its Current Business Relationships.
  • Leveraging its Market skills and Relationships.
  • Continuous innovation.
  • Focus on quality.
  • Entrenched relationships with marquee Clients.
  • Having enrolled as the trusted partners by Trusted Partner Network (TPN).
  • Introduce Innovative techniques.
  • Proprietary technology platform that ensures scalability.

How To Apply for Picturepost Studios Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Picturepost Studios Ltd's IPO offers shares for up to ₹ 0 L It begins on Aug 2, 2024 and ends on Aug 6, 2024.

The price of Picturepost Studios Ltd IPO ranges between ₹22 to ₹24 per share.

The Picturepost Studios Ltd IPO opens on Aug 2, 2024 and closes on Aug 6, 2024.

The allotment for the Picturepost Studios Ltd IPO will be finalised on Aug 7, 2024. The shares will be listed on BSE and NSE on Aug 9, 2024.

The minimum lot size for Picturepost Studios Ltd IPO is 6000 shares, priced between ₹22 to ₹24 per share.

The GMP (Grey Market Premium) of Picturepost Studios Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Picturepost Studios Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Picturepost Studios Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Aug 2, 2024, and closes on Aug 6, 2024. The allotment is finalised on Aug 7, 2024.

To apply for the Picturepost Studios Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.