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Picture Post Studios IPO Sees Impressive Demand with 54.22x Subscription on Day 2!

The Picture Post Studios Limited IPO saw a 54.22x subscription on its second day, indicating strong investor confidence and a positive outlook for the company's growth potential and market prospects.
Picture Post Studios IPO Sees Impressive Demand with 54.22x Subscription on Day 2!

Picture Post Studios Limited IPO saw a strong start on Day 2, with the issue being subscribed 54.22 times. This early interest reflects investor confidence in the company’s market prospects and growth potential.

How to check Picture Post Studios Limited IPO Subscription Status?

Steps to check Picture Post Studios Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Picture Post Studios Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Picture Post Studios Limited IPO Allotment Status

The allotment date for the Picture Post Studios Limited IPO is set for August 7, 2024, with shares priced at a range of ₹22 to ₹24 per share and a face value of ₹ 1. The offering consists of lots of 6000 shares, with bids accepted for these lots or their multiples.

Picture Post Studios Limited IPO Subscription Status

Picture Post Studios Limited IPO saw good interest on Day 1, with the issue being subscribed 5.62 times. This level of subscription reflects a decent initial market reception towards the company’s potential and industry contributions.

Picture Post Studios Limited IPO Listing Date 

Picture Post Studios Limited IPO is expected to be listed on the NSE SME on August 9, 2024.

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