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Picture Post Studios IPO English
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Picture Post Studios IPO Review 

Picture Post Studios Limited is launching an IPO with a fresh issue of 78,00,000 shares worth INR 18.72 crores. The company aims to fund equipment/software purchases, repay borrowings, and cover general corporate purposes. 

Picture Post Studios IPO – Important Dates 

Picture Post Studios Limited IPO DateAugust 2, 2024 to August 6, 2024
Picture Post Studios Limited IPO Listing DateAugust 9, 2024
Picture Post Studios Limited IPO PriceINR 22-24 per share
Picture Post Studios Limited IPO Lot Size6000 Shares
Picture Post Studios Limited IPO Total Issue SizeINR 18.72 crores
Picture Post Studios Limited IPO Basis of AllotmentAugust 7, 2024
Picture Post Studios Limited IPO Initiation of RefundsAugust 8, 2024
Picture Post Studios Limited IPO Credit of Shares to DematAugust 8, 2024
Picture Post Studios Limited IPO Issue TypeBook Built Issue IPO
Picture Post Studios Limited IPO Listing AtNSE SME 

Picture Post Studios Limited IPO – Company Profile 

Picture Post Studios Limited, with a professional team, offers comprehensive post-production services, including digital intermediates, visual effects, and online editing. It specializes in films, web series, and advertisements, pushing creative boundaries and embracing innovation. 

Post-production involves enhancing filmmaking, video production, and photography. With the equipment, software, and skilled professionals, their studio transforms raw footage into polished, professional projects that meet industry standards and communicate the intended message. 

They offer post-production services, including offline editing, CGI, mastering and quality checks, VFX, color grading, and creative editorial. They ensure high-quality, polished final products that meet industry standards and the Director’s vision. 

Picture Post Studios Ltd IPO Fundamental Analysis 

Picture Post Studios Limited Technologies’ financial analysis reveals a mixed performance. Revenue has surged, equity and liabilities grew, profitability and EPS improved, RoNW decreased, and financial position indicates growth with weakening liquidity. 

  • Revenue Trend: The revenue increased from ₹29.00 lakhs in March 2022 to ₹1,084.84 lakhs in March 2023. The revenue for the current year’s 12-month period ending March 2024 is INR 2,197.85 lakhs. 
  • Equity and Liabilities: Both equity and liability have shown a consistent increase over the periods, reflecting potential growth and expansion. However, the debt-equity ratio has decreased, indicating reduced reliance on debt financing. 
  • Profitability: The profit after tax (PAT) has significantly increased from ₹21.69 lakhs in March 2022 to ₹292.13 lakhs by March 2024. This improvement in profitability could be a source of confidence among investors. 
  • Earnings per Share (EPS): The diluted EPS has risen from ₹0.10 in March 2022 to ₹1.36 by March 2024, reflecting higher earnings per share for investors. 
  • Return on Net Worth (RoNW): The RoNW has reduced from 1,495.86% to 55.64%, indicating a decrease in the company’s ability to generate returns on shareholder equity. 
  • Financial Position: Total assets have increased, suggesting potential business growth. However, the current ratio has decreased, indicating weakening liquidity and potential challenges in meeting short-term obligations. 

Picture Post Studios IPO Financial Analysis 

ParticularAs of 31 March 2022As of 31 March 2023As of 31 March 2024
Revenue (₹ in lakhs)29.001,084.842,197.85
Equity (₹ in lakhs)1.45113.01700.01
Expenses (₹ in lakhs)7.31998.731,858.21
Profit and Loss After Tax (₹ in lakhs)21.6959.97292.13
Diluted EPS only (₹)0.100.281.36
Return on Net Worth (%)1,495.8653.0755.64
NAV per Equity Share (₹)0.010.533.26
Total Assets (in lakhs)1.95843.801,848.33
Total Liabilities (in lakhs)0.5730.791,148.32
Debt Equity Ratio 2.420.79
Current Ratio (in times) 1.201.250.80

Picture Post Studios Ltd IPO Peer Comparison 

Picturepost Studios Limited has the lowest market value and EPS. Phantom Digital Effects Limited and Digikore Studios Limited show strong performance with high market values and positive EPS, while Prime Focus Limited has negative earnings and low market value. 

CompanyFace Value per Equity Share (₹)P/E RatioEPS (Basic & Diluted) (₹)RoNW (%)NAV per Equity Share (₹ in lakhs) 
Picture Post Studios Limited 1.001.8190.703.26
Phantom Digital Effects Limited 1025.2315.9765.4837.98
Prime Focus Limited 1.00(171.59)(0.82)(1.55)52.34
Digikore Studios Limited 1014.4634.09113.0447.20

Picture Post Studios Ltd IPO Objective 

The main objective of Picture Post Studios Limited is to fund capital expenditures for equipment and software purchases and to repay or prepay company borrowings. 

  1. Funding of capital expenditure requirements of their company towards the purchase of equipment and Software: The company intends to utilize INR 8.04 crores for purchasing equipment and software to expand operational capabilities, improve performance, and meet industry demands, enhancing post-production capacity at their Mumbai premises. 
  1. Repayment/prepayment of all or certain of the borrowings availed by their company: The company plans to utilize INR 5.00 crores from the Net Proceeds to repay or prepay outstanding borrowings, aiming to reduce debt, lower servicing costs, improve the debt-to-equity ratio, and enable further business growth. 
  1. General Corporate Purposes: The company will deploy the balance of funds towards general corporate purposes, including meeting operating expenses, initial project development costs, strengthening business development and marketing capabilities, and addressing unforeseen exigencies. 

Picture Post Studios IPO Risks And Challenges 

Picture Post Studios Limited’s risks include rapidly changing technology and consumer preferences, potential loss of market share to financially stronger competitors, and maintaining project secrecy to avoid piracy and counterfeit sales impacting revenue and operations. 

  • Operating in the entertainment industry involves high risk due to rapidly changing technology and consumer preferences. Adapting to these changes is crucial for winning VFX service opportunities and avoiding negative impacts on business performance. 
  • The Indian media and entertainment industry’s technological advancements risk losing market share if they fail to adopt new methods. Competitors with greater financial strength could negatively impact the business, financial condition, and operations. 
  • Maintaining project secrecy is crucial in their industry. They use firewalls, security systems, and procedures to protect content. Piracy and counterfeit sales could reduce revenue and negatively impact their operations and financial condition. 

Picture Post Studios Ltd IPO – Industry & Market Potential 

The entertainment and media market is increasing, covering film, music, social media, and more. It is projected to reach $3545.76 billion by 2028, driven by subscription models, live events, and technological advancements like AI, AR, and VR. 

India’s media and entertainment sector, projected to grow from ₹ $2.34 trillion to ₹ $2.83 trillion by 2025, is driven by digital advancements, OTT expansion, and increased ad revenue. The industry is set to reach $73.6 billion by 2027. 

Rapid income growth, expanding internet access, and advancing digital adoption fuel impressive growth in India’s media and entertainment industry. The sector is poised for further expansion, particularly in rural markets and through 5G and 6G technology advancements. 

Picture Post Studios Limited IPO – Type of Offer 

Picture Post Studios Limited is launching an IPO with a fresh issue of 78,00,000 shares worth INR 18.72 crores. The company aims to fund equipment/software purchases, repay borrowings, and cover general corporate purposes. 

Picture Post Studios IPO Offer Size 

The offer size of Picture Post Studios Limited is INR 18.72 crores, consisting of a fresh issue of 78,00,000 shares. The company seeks funds for equipment/software purchases, repay borrowings, and cover general corporate purposes. 

Picture Post Studios Ltd IPO Allotment Structure 

Picture Post Studios Limited’s allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations. 396,000 shares are reserved for market makers. 

Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.

Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs.2 lakhs.

Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs. 

Market Maker Reservation: A portion of shares, i.e. 396,000 shares, are reserved for marker makers. 

How to apply for the Picture Post Studios IPO?

To apply for the Picture Post Studios Limited IPO through Alice Blue, you would typically follow these steps:

Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.

  1. Check for IPO Details: Once your account is active, you can check for the Picture Post Studios Limited IPO details in the IPO section of the Alice Blue platform.
  2. Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
  3. Submit the Application: Confirm all your details and submit your application.

 You can apply for the Picture Post Studios Limited IPO at Alice Blue in just a few clicks!

Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.

Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.

How do you check Picture Post Studios IPO Allotment Status?

Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:

  1. Log in to your Alice Blue Account: You can do this through the Alice Blue website or their trading app.
  2. Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
  3. Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
  4. Select the Picture Post Studios Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Picture Post Studios Limited IPO.
  5. Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.

 If you face any issues, it’s recommended that you contact Alice Blue’s customer support for detailed assistance.

 Apart from Alice Blue, there are other ways to check the allotment status of the Picture Post Studios Limited IPO:

Registrar’s Website: Visit the website of Bigshare Services Private Limited, the registrar of the Picture Post Studios Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.

NSE SME: You can also check the allotment status on the official websites of the National Stock Exchange (NSE) Small Medium Exchange (SME). You would need your application number and PAN to check the status. 

Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.

Picture Post Studios Ltd IPO Offer Registrar

The registrar for the Picture Post Studios Limited IPO is Bigshare Services Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.

Contact information for the registrar: 

BIGSHARE SERVICES PRIVATE LIMITED

Office No. S6-2, 6th Floor, Pinnacle Business Park,

Next to Ahura Centre, Mahakali Caves Road, 

Andheri (East), Mumbai – 400 093, 

Maharashtra, India

Tel: 022 – 6263 8200

E-mail: [email protected]

Website: www.bigshareonline.com 

Picture Post Studios Limited IPO –  FAQs 

1. What is the allotment date of the Picture Post Studios IPO? 

The allotment date of the Picture Post Studios Limited IPO is August 7, 2024. 

2. What is the price band of the Picture Post Studios IPO? 

The price band of the issue is INR 22-24 per share. 

3. What is the size of the Picture Post Studios IPO? 

The offer size of Picture Post Studios Limited is INR 18.72 crores, consisting of a fresh issue of 78,00,000 shares. The company seeks funds for equipment/software purchases, repay borrowings, and cover general corporate purposes. 

4. What is the listing date of the Picture Post Studios IPO?

 The listing date of Picture Post Studios Limited’s IPO is August 9, 2024.

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