Identical Brains Studios has captured investors’ attention with its SME IPO, which concluded on December 20, 2024. Known for its cutting-edge visual effects (VFX) services, the Mumbai-based company is now set to finalize its allotment process and debut on the stock exchange. Let’s delve into the allotment details, grey market premium (GMP), and listing date.
Key Data
| Particulars | Details |
|---|---|
| IPO Name | Identical Brains Studios IPO |
| Issue Size | Rs 19.95 crore |
| Price Band | Rs 51-54 per share |
| Lot Size | 2,000 shares |
| Subscription Period | December 18-20, 2024 |
| Total Subscription | 544.28 times |
| QIB Subscription | 187.36 times |
| Retail Subscription | 544.28 times |
| Grey Market Premium (GMP) | Rs 50 per share (as of last update) |
| Allotment Date | December 23, 2024 |
| Listing Date | December 26, 2024 |
| Registrar | Bigshare Services |
IPO Highlights
- Strong Investor Response: The IPO was subscribed a massive 544.28 times overall, with retail investors showing robust enthusiasm. The qualified institutional bidder (QIB) category saw a subscription of 187.36 times, and non-institutional investors (NIIs) subscribed 1,020.2 times.
- Grey Market Premium: Identical Brains Studios commands a GMP of Rs 50 per share, indicating a potential listing gain of about 93%.
- Business Profile: Incorporated in 2019, Identical Brains Studios specializes in VFX for films, web series, TV series, documentaries, and commercials. Its notable achievements include winning Filmfare OTT Awards for “Scam 1992: The Harshad Mehta Story” and “Rocket Boys.”
How to Check Allotment Status
Investors can check their allotment status through the following platforms:
On NSE Website:
- Visit NSE IPO Status.
- Log in using your credentials.
- Select “IPO bid details.”
- Enter the company symbol, PAN, or application number.
- Click “Get Data” to view your allotment status.
On Bigshare Services Portal:
- Go to Bigshare IPO Status.
- Select “Identical Brains Studios” from the dropdown.
- Enter your application number, PAN, or beneficiary ID.
- Fill in the captcha and click “Search.”
Listing Date and Market Debut
The shares of Identical Brains Studios are slated for listing on the NSE SME platform on December 26, 2024. Given the strong GMP and subscription levels, market experts anticipate a stellar debut.
FAQs
What is the GMP for Identical Brains Studios IPO?
The grey market premium (GMP) is Rs 50 per share, suggesting a potential 93% listing gain.
How many shares were offered in the IPO?
The company offered 36.94 lakh equity shares for subscription.
What is the business focus of Identical Brains Studios?
The company provides VFX services for films, TV series, web series, commercials, and documentaries.
When will the shares be listed?
The shares are expected to list on December 26, 2024.
How can I check my allotment status?
You can check the status on the NSE website or Bigshare Services portal using your PAN, application number, or beneficiary ID.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investors are advised to conduct their own research or consult financial experts before investing.
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