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 Picture Post Studios Limited IPO allotment date?

The basis of allotment for Picture Post Studios Limited IPO is scheduled to be finalized on 7 Aug 2024.

Where can I check Picture Post Studios Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 8 Aug 2024.

IPO GreyPremiumLIVE

Grey Market Intelligence

Picture Post Studios Limited

ListedSME

Media & Entertainment · NSE

Picture Post Studios Limited, founded in 2019 and based in Khar Colony, Mumbai, specializes in movie editing, CGI, VFX, video conversion, grading, and mastering for films and commercials. The company offers a full range of post-production services, including offline editing, color grading, VFX, and quality checks, catering to various digital platforms. With a team of skilled artists and advanced technology, it delivers high-quality visual experiences to global audiences. As of April 30, 2024, Picture Post Studios employed 105 professionals, driving its growth in the entertainment industry.

Price Band

₹22 – ₹24

Issue Size

₹18.72 Cr

Lot Size

6000 shares

GMP

₹6

+25.0%

Est. Listing

₹30

at current GMP

Subscribed

270.68x

overall

Open

2 Aug 2024

6 Aug 2024

Allotment

7 Aug 2024

Refund

8 Aug 2024

Demat Credit

9 Aug 2024

Listing

9 Aug 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Picture Post Studios Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

7 Aug 2024

Basis finalization

Refunds Initiate

8 Aug 2024

Mandate release

Demat Credit

9 Aug 2024

Shares in demat

Listing Debut

9 Aug 2024

Trading begins

About Picture Post Studios Limited Public Issue & Market Profile

Picture Post Studios Limited is bringing an initial public offering (IPO) in the Media & Entertainment sector with an aggregate issue size of ₹18.72 Crores. The shares are offered at a price band of ₹22 to ₹24 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 6000 shares (approx. ₹1,44,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-08-09, while un-allotted funds or UPI block mandates will be released on 2024-08-08.

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.

Picture Post Studios Limited

Picture Post Studios Limited Allotment Status

How to Check Picture Post Studios Limited IPO Allotment Status

About Picture Post Studios Limited Public Issue & Market Profile

Frequently Asked Questions

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

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