Picture post Studios Limited was established in the year 2019 & it 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. Picture post Studios, with a team of professionals, offers a wide range of services to cater to the diverse needs of the entertainment industry.
They are one of the visual effects companies covering the entire spectrum of post-production 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 color grading, motion design, visual effects and online editing. Picture Post Studios IPO is a book-built issue of Rs 18.72 crores. The issue is entirely a fresh issue of 78 lakh shares. Picture Post Studios IPO opens for subscription on August 2, 2024 and closes on August 6, 2024. Picture Post Studios IPO price band is set at ₹22 to ₹24 per share. The minimum lot size for an application is 6000 Shares. Shreni Shares Limited is the book-running lead manager of the Picture Post Studios IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Picture Post Studios IPO is Shreni Shares.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price
and the grey market price. It is the premium amount paid for the traded
IPO shares. It plays an important role in IPOs as it reflects how the
IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being
listed officially on the stock exchange.
Picture Post Studios Limited IPO
GMP Date
IPO Price
GMP
Last Updated
2024-08-09
24
6.0 (25%)
-
**The GMP prices displayed here are solely for informational
purposes related to the grey market news. India IPO does not engage
in or facilitate grey market trading, nor are these rates (sub2)
indicative of any trading activity. We also do not recommend or
endorse participation in the grey market.**
Picture Post Studios Limited IPO Details
Detail
Description
IPO Date
August 2, 2024 to August 6, 2024
Listing Date
[.]
Face Value
₹1 per share
Price Band
₹22 to ₹24 per share
Lot Size
6000 Shares
Total Issue Size
7,800,000 shares (aggregating up to ₹18.72 Cr)
Fresh Issue
7,800,000 shares (aggregating up to ₹18.72 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Shareholding pre issue
21,500,000
Shareholding post issue
29,300,000
Market Maker portion
396,000 shares Shreni Shares
Picture Post Studios Limited IPO Timeline
Detail
Description
IPO Open Date
Friday, August 2, 2024
IPO Close Date
Tuesday, August 6, 2024
Basis of Allotment
Wednesday, August 7, 2024
Initiation of Refunds
Thursday, August 8, 2024
Credit of Shares to Demat
Thursday, August 8, 2024
Listing Date
Friday, August 9, 2024
Cut-off time for UPI mandate confirmation
5 PM on August 6, 2024
Picture Post Studios Limited IPO Lot Size
Application
Lots
Shares
Amount
Retail (Min)
1
6000
₹144,000
Retail (Max)
1
6000
₹144,000
HNI (Min)
2
12000
₹288,000
Picture Post Studios IPO Reservation
Investor Category
Shares Offered
QIB Shares Offered
Not more than 50% of the Net Issue
Retail Shares Offered
Not less than 35% of the Net Issue
NII (HNI) Shares Offered
Not less than 15% of the Net Issue
Picture Post Studios Limited IPO Promoter Holding
Share Holding Pre Issue
Share Holding Post Issue
93.02%
68.27%
EnNutrica IPO Anchor Investors Details
Bid Date
August 1, 2024
Shares Offered
2,208,000
Anchor Portion Size (In Cr.)
5.30
Anchor lock-in period end date for 50% shares (30 Days)
September 6, 2024
Anchor lock-in period end date for remaining shares (90 Days)
November 5, 2024
Competitive Strength:
-
Picture Post Studios Limited IPO Financial Information
Picture post Studios IPO is an NSE SME IPO. They are going to raise ₹18.72 Crores via IPO. The issue is priced at ₹22 to ₹24 per equity share. The IPO is to be listed on NSE.
When will the Picture post Studios IPO open?
The IPO is to open on August 2, 2024 for QIB, NII, and Retail Investors.
What is Picture post Studios IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Picture post Studios IPO Price Band?
Picture post Studios IPO Price Band is ₹22 to ₹24 per equity share.
What is Picture post Studios IPO Minimum and Maximum Lot Size?
The IPO bid is 6000 shares with ₹144,000.
What is Picture post Studios IPO Allotment Date?
Picture post Studios IPO allotment date is August 7, 2024.
What is Picture post Studios IPO Listing Date?
Picture post Studios IPO listing date is August 9, 2024. The IPO to list on NSE SME.
