What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Identical Brains Studios Limited IPO allotment date?

The basis of allotment for Identical Brains Studios Limited IPO is scheduled to be finalized on 23 Dec 2024.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 24 Dec 2024.

Identical Brains Studios Limited

ListedSME

Media & Entertainment · NSE

Identical Brains Studios Limited, incorporated in 2019, specializes in computer-generated visual effects (VFX) services for films, web series, TV series, documentaries, and commercials. The company has contributed to acclaimed projects, earning recognition for its high-quality VFX work, including two Filmfare OTT Awards for Best Visual Effects for Scam 1992: The Harshad Mehta Story (2020) and Rocket Boys (2022), in collaboration with Variate Studios LLP, and a Dadasaheb Phalke Award for Best Visual Effects for Phone Bhoot (2022). Its portfolio also includes projects nominated for two Filmfare OTT Awards and one Filmfare Award, highlighting its industry expertise and creative excellence.

Price Band

₹51 – ₹54

Issue Size

₹19.95 Cr

Lot Size

2000 shares

GMP

₹25

+46.3%

Est. Listing

₹79

at current GMP

Subscribed

506.09x

overall

Open

18 Dec 2024

20 Dec 2024

Allotment

23 Dec 2024

Refund

24 Dec 2024

Demat Credit

25 Dec 2024

Listing

26 Dec 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Identical Brains Studios Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

23 Dec 2024

Basis finalization

Refunds Initiate

24 Dec 2024

Mandate release

Demat Credit

25 Dec 2024

Shares in demat

Listing Debut

26 Dec 2024

Trading begins

How to Check Identical Brains Studios Limited IPO Allotment Status

Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
Select Identical Brains Studios Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Identical Brains Studios Limited Public Issue & Market Profile

Identical Brains Studios Limited is bringing an initial public offering (IPO) in the Media & Entertainment sector with an aggregate issue size of ₹19.95 Crores. The shares are offered at a price band of ₹51 to ₹54 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2024-12-20, the basis of allotment is scheduled to be finalized on 2024-12-23. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.