
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
+25.0%
Est. Listing
₹30
at current GMP
Subscribed
270.68x
overall
Open
2 Aug 2024
Close
6 Aug 2024
Allotment
7 Aug 2024
Refund
8 Aug 2024
Demat Credit
9 Aug 2024
Listing
9 Aug 2024
Overall Subscription
270.68x
Total Demand
QIB Multiplier
101.19x
Institutions & Funds
NII / HNI
391.30x
High Net-Worth
Retail (RII)
315.56x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,482,000 | 149,958,000 | 101.19x |
| NIB | 1,116,000 | 436,692,000 | 391.30x |
| RETAIL | 2,598,000 | 819,816,000 | 315.56x |
| Total | 5,196,000 | 1,406,466,000 | 270.68x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 455 | 143,580 | 315.56x |
| HNIs (10L +) | 3 | 1,174 | 391.30x |
| HNIs (2-10L) | 14 | 5,478 | 391.30x |
| Total Applications | 472 | 150,232 | 318.29x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
The latest Grey Market Premium (GMP) for Picture Post Studios Limited IPO is ₹6 per equity share. Based on the upper price band of ₹22 to ₹24 per equity share, the estimated listing price is ₹30 (+25.0% expected listing gain).
With a lot size of 6000 shares and current GMP of ₹6, the expected profit per application lot is approx ₹36,000 (+25.0% gain). Minimum application cost is approx ₹1,44,000.
The Picture Post Studios Limited IPO aggregate issue size is ₹18.72 Crores with an equity price band set at ₹22 to ₹24 per equity share. The retail lot size is 6000 shares requiring a minimum capital outlay of approx. ₹1,44,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 270.68x (Retail: 315.56x, QIB: 101.19x, NII: 391.30x). You can track live multiples directly on our dedicated subscription page.
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 2024-08-07. Investors can verify status using PAN card or application number.
Picture Post Studios Limited shares are scheduled to list on NSE on 2024-08-09.