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.

What is the current subscription status of Identical Brains Studios Limited IPO?

Identical Brains Studios Limited IPO has received a total subscription of 506.09 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

506.09x

Total Demand

QIB Multiplier

187.36x

Institutions & Funds

NII / HNI

1020.55x

High Net-Worth

Retail (RII)

544.28x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 506.09x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	704,000	131,900,000	187.36x
NIB	528,000	538,852,000	1020.55x
RETAIL	1,228,000	668,374,000	544.28x
Total	2,460,000	1,339,126,000	506.09x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Category	Applications Reserved	Applications Received	Times Subscribed
QIB	—	90	0.00x
NIB	—	21,139	0.00x
RETAIL	—	334,187	0.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 is Identical Brains Studios Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Identical Brains Studios Limited IPO is ₹25 per equity share. Based on the upper price band of ₹51 to ₹54 per equity share, the estimated listing price is ₹79 (+46.3% expected listing gain).

What is the expected profit per lot for Identical Brains Studios Limited IPO?

With a lot size of 2000 shares and current GMP of ₹25, the expected profit per application lot is approx ₹50,000 (+46.3% gain). Minimum application cost is approx ₹1,08,000.

What is the issue size and price band for Identical Brains Studios Limited IPO?

The Identical Brains Studios Limited IPO aggregate issue size is ₹19.95 Crores with an equity price band set at ₹51 to ₹54 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,08,000.

How can I check Identical Brains Studios Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 506.09x (Retail: 544.28x, QIB: 187.36x, NII: 1020.55x). You can track live multiples directly on our dedicated subscription page.

Where and when will Identical Brains Studios Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-12-23. Investors can verify status using PAN card or application number.

When is the listing date for Identical Brains Studios Limited IPO?

Identical Brains Studios Limited shares are scheduled to list on NSE on 2024-12-26.