Picture Post Studios IPO Surges 25% Premium on NSE SME DebutPicture Post Studios IPO Surges 25% Premium on NSE SME Debut

Picture Post Studios Ltd IPO had a strong start on NSE SME on August 9, with shares listing at Rs 30, a 25 percent premium over the issue price of Rs 24.

Picture Post Studios Ltd IPO, with shares priced between ₹22 and ₹24, opened for subscription from August 2 to August 6. By the final day, it was oversubscribed by 266.6 times, reflecting intense investor interest. 

Picture Post Studios Limited offers expert post-production services, including digital intermediates, VFX, and online editing for films, web series, and ads. Their skilled team uses advanced equipment and software to transform raw footage into polished projects. Services include offline editing, CGI, mastering, VFX, and color grading, ensuring high-quality results that align with industry standards and the Director’s vision.

The objective of Picture Post Studios is to use its IPO funds for equipment and software purchases, repay borrowings, and cover general corporate purposes