Picturepost Studios Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Picturepost Studios Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹24
Per ShareLot Size
6000 Shares
Minimum Investment
₹1,44,000
Issue Size
₹18.72 Cr
Face Value
₹1
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Picturepost Studios Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
93.02%
Promoter Holding (Post-Issue)
68.27%
Issue Type
Book Building - SME
ISIN
INE0YAL01017
About the Company
Picturepost Studios Limited is a creative and innovative post-production Company specializing in film editing, Computer Generated Imagery ("CGI"), visual effects ("VFX"), video conversion, grading, film and Commercial mastering of channels and digital platforms. The Company was established in the year 2019 as a Limited Liability Partnership ("LLP"). Picturepost Studios Limited, with a team of professionals, offer a wide range of services to cater to the diverse needs of the entertainment industry. The Company is one of the visual effects Company covering the entire spectrum of postproduction requirements ranging from digital intermediates and visual effects to online editorials and operates as a studio, specializing in Films, Web series and advertisements, With a strong focus on high-end colour grading, motion design, visual effects, and online editing. The Company pushes creative boundaries and embraces innovation.
Industry Overview
The Indian Media and Entertainment (M&E) industry is a sunrise sector for the economy and is making significant strides. The increasing availability of fast and cheap internet, rising incomes, and increasing purchases of consumer durables have significantly aided the industry. India's media and entertainment industry are unique as compared to other markets. The industry is well known for its extremely high volumes and rising Average Revenue Per User (ARPU).
Company History
Picturepost Studios Limited was originally formed as Limited Liability Partnership Firm under the name and style of "M/s. Prodace Solutions LLP" pursuant to a Certificate of incorporation issued by Registrar of Companies, Central Registration Centre, dated August 22, 2019 with LLP registration number being AAQ-3343. Subsequently, the name of the LLP was changed to "Picturepost Studios LLP" with Certificate of Incorporation pursuant to change of name issued by Registrar of Companies, Central Registration Centre, dated August 26, 2022. M/s. Picturepost Studios LLP was thereafter converted into a Private Limited Company "Picturepost Studios Private Limited" pursuant to the provisions of Chapter XXI of the Companies Act, 2013 and fresh a certificate of incorporation dated June 01, 2023 was issued by Registrar of Companies, Central Registration Centre. Subsequently, the Company has been converted into a public limited company and the name of our Company changed to "Picturepost Studios Limited" pursuant to a special resolution passed at the Extra-Ordinary General Meeting of the Company held on February 21, 2024 and a fresh Certificate of incorporation dated May 14, 2024 issued by the Registrar of Companies, Mumbai. The Corporate Identity Number of the Company is U62099MH2023PLC404020.
Products & Services
- Picturepost Studios Limited, with a team of professionals, offer a wide range of services to cater to the diverse needs of the entertainment industry.
Growth Strategy
- Expand its Current Business Relationships.
- Leveraging its Market skills and Relationships.
- Continuous innovation.
- Focus on quality.
Customer Base
The Entertainment Industry
Financial Performance
Revenue, profit after tax and total assets for the last reported financial year.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of 78,00,000 equity shares of face value of Re. 1/- each (the "Equity Shares") of Picturepost Studios Limited ("The Company" or "Picturepost Studios" or "PPSL" or "The Issuer") for cash at a price of Rs. 24/- per equity share including a share premium of Rs. 23/- per equity share (the "Issue Price") aggregating to Rs. 18.72 crores ("The Issue"), of which 3,96,000 equity shares of face value of Re. 1/- each for cash at a price of Rs. 24/- per equity share including a share premium of Rs. 23/- per equity share aggregating to Rs. 0.95 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 74,04,000 equity shares of face value of Re. 1/- each at a price of Rs. 24/- per equity share including a share premium of Rs. 23/- per equity share aggregating to Rs. 17.77 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.62 % and 25.27 % respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Re. 1/- each. The issue price is 24/- times the face value of the equity shares.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Entrenched relationships with marquee Clients.
- Having enrolled as the trusted partners by Trusted Partner Network ("TPN").
- Introduce Innovative techniques.
- Proprietary technology platform that ensures scalability.
- The company has certain outstanding litigation against it, its Directors and Promoters, an adverse outcome of which may adversely affect its business, reputation and results of operations.
- The Company had negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.
- The Company operates in a constantly evolving VFX market, which is subject to rapidly changing client's behaviour and tastes and depends on the acceptance of content by the audience through which the Company gains the longterm popularity of its name.
- Its ability to remain competitive may be adversely affected by rapid technological changes and its ability to access such technology.
- The company operates in an industry which is highly sensitive with regards to maintenance of secrecy of the projects and its contents. Any failures on its part to maintain secrecy of the company projects, will have an adverse effect on its results of operations and financial condition.