Picturepost Studios SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Picturepost Studios IPO. Explore Picturepost Studios IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Picturepost Studios Limited (PPSL) is a post-production company specializing in film editing, Computer Generated Imagery (CGI), visual effects (VFX), video conversion, grading, and mastering for channels and digital platforms. Founded in 2019 as Prodace Solutions LLP, it underwent several transformations, eventually becoming a private limited company in June 2023. PPSL provides a comprehensive suite of post-production services to meet the diverse needs of the entertainment industry, including films, web series, and advertisements. With a focus on high-end color grading, motion design, VFX, and online editing, the company is committed to pushing creative boundaries and embracing technological innovations.
Key Points:
- Service Offerings: Provides a wide range of post-production services, including offline editing, CGI, mastering and quality check, VFX, color grading, and creative editorial.
- Specialization: Expertise in high-end color grading, motion design, VFX, and online editing, focusing on films, web series, and advertisements.
- Industry Impact: Worked on notable projects such as Half CA, Panchayat Season 3, Mera Bhai, TVS Jupiter, Park Avenue, Ponds Aloetac, and Bade Miyan Chote Miyan.
- Facilities: Operates state-of-the-art studios in Mumbai, with a total area of approximately 5,300 sq. ft., providing top-tier VFX and post-production services.
- Commitment to Excellence: Among the few studios in India audited by the Trusted Partner Network (TPN), with a strong internal culture of diversity, equality, and inclusion.
Objects of the Issue
- Funding of capital expenditure requirements of the Company towards purchase of equipment and Software
- Repayment/prepayment of all or certain of the borrowings availed by the Company
- General corporate purposes.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 02 Aug - 06 Aug 2024 |
| IPO Price Band | ₹ 22 - ₹ 24 per share |
| Fresh Issue | 78,00,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 18.72 crore |
| Face Value | ₹ 1 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 02 Aug 2024 |
| IPO Closing Date | 06 Aug 2024 |
| Basis Of Allotment | 07 Aug 2024 |
| Refunds | 08 Aug 2024 |
| Demat Transfer | 08 Aug 2024 |
| IPO Listing Date | 09 Aug 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|
| Total Income | 0.29 | 10.85 | 26.55 |
| Total Expenses | 0.07 | 9.99 | 22.26 |
| Net Profit/Loss | 0.22 | 0.60 | 3.44 |
| NPM (*) | 74.79 | 5.53 | 13.02 |
| Total Assets | 0.02 | 8.44 | 18.48 |
| Total Liabilities | 0.005 | 7.31 | 11.48 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|
| EPS | 0.10 | 0.28 | 1.81 |
| ROE (%) | -213.61 | 104.79 | 68.03 |
| ROCE (%) | 1495.86 | 17.20 | 26.57 |
| D/E Ratio | NA | 2.42 | 0.95 |
| Current Ratio | 1.20 | 1.25 | 0.80 |
| EBITDA MARGIN (%) | 74.79 | 9.95 | 23.25 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Picturepost Studios Limited | 26.39 | 13.26 | 1.81 | 90.70 | 3.26 |
| Phantom Digital Effects Limited | 57.89 | 25.23 | 15.97 | 65.48 | 37.98 |
| Prime Focus Limited | 40.74 | -171.59 | -0.82 | -1.55 | 52.34 |
| Digikore Studios Limited | 32.57 | 14.46 | 34.09 | 113.04 | 47.20 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 101.19 |
| Non-Institutional Investor (NII/HNI) | 389.67 |
| Retail Individual Investor (RII) | 308.09 |
| Total | 266.6 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- MR. PARISH TEKRIWAL
- MR. SHAILENDRA ISHWARDAS CHANDGOTIA
- MS. POOJA SHAILENDRA CHANDGOTHIA
- MS. DEEPA SHAILENDRA CHANDGOTHIA
Lead Managers
- SHRENI SHARES LIMITED
Company Address
Picturepost Studios Limited
701, 7th Floor, Sapphire Building, Junction of S.V. Rd & 1st Rd, Khar (W), Khar Colony, Mumbai 400052, Maharashtra, India
Phone: +91 9769199410
Email: investors@picturepoststudio.com
Website: www.picturepoststudio.com
FAQs
- What is the issue size of the Picturepost Studios SME IPO?The Picturepost Studios SME IPO has an issue size of Approx ₹ 18.72 crore. This includes a fresh issue of 78,00,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Picturepost Studios IPO?The price band for the Picturepost Studios IPO is ₹ 22 - ₹ 24 per share.
- What are the bidding dates for the Picturepost Studios IPO?The Picturepost Studios IPO will open for bidding on 02 Aug 2024 and close on 06 Aug 2024.
- What is the allotment date for the Picturepost Studios IPO?The allotment date for the Picturepost Studios IPO is 07 Aug 2024.
- What is the listing date for the Picturepost Studios IPO?The listing date for the Picturepost Studios IPO is 09 Aug 2024.
- What is the Picturepost Studios IPO grey market premium?The grey market premium (GMP) for the Picturepost Studios IPO is currently at ₹10, with an expected listing gain of approximately 41.67%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.