Identical Brains Studios IPO GMP: Price, Dates, and Subscription Details

The Identical Brains Studios IPO has generated significant buzz in the market, particularly among SME IPO investors. As a VFX service provider, Identical Brains Studios Limited is offering its IPO with a fresh issue of 36.94 lakh shares, aggregating up to ₹19.95 crores. The IPO opens for subscription on December 18, 2024, and closes on December 20, 2024, with a tentative listing on December 26, 2024, on NSE SME. In this article, we will cover details about Identical Brains Studios IPO GMP, price band, lot size, subscription status, and more.

Identical Brains Studios IPO GMP Today

The Grey Market Premium (GMP) is an essential factor for investors looking to gauge the IPO’s market demand before listing.

As of today’s time, the Identical Brains Studios IPO GMP is reported to be ₹10-12 per share. This indicates a moderate premium over the upper price band of ₹54 per share, suggesting investor interest in the SME segment.

For real-time updates on GMP trends and performance, check out our IPO GMP Grey Market Premium guide.

Identical Brains Studios IPO Details

Here is a snapshot of the key details about the Identical Brains Studios IPO:

Minimum Investment Requirement:

• Retail Investors: 1 Lot (2,000 shares) = ₹1,08,000
• HNI Investors: 2 Lots (4,000 shares) = ₹2,16,000

For more insights on IPO strategies, read our guide on IPO flipping.

Identical Brains Studios IPO Subscription Status

The subscription status will be updated daily as bidding progresses:

• Day 1 (December 18): [Subscription Data]
• Day 2 (December 19): [Subscription Data]
• Day 3 (December 20): Final subscription numbers.

The IPO has reserved 33.24% of its shares for retail investors and 14.29% for HNI/NII investors. Anchor investors have already secured 10.48 lakh shares, raising ₹5.66 crores.

Identical Brains Studios Company Overview

Identical Brains Studios Limited, incorporated in 2019, is a leading provider of VFX (Visual Effects) services for films, web series, commercials, and documentaries. The company has earned accolades for its contribution to projects like:

• Scam 1992: The Harshad Mehta Story (Winner of Filmfare OTT Awards)
• Rocket Boys (Winner of Filmfare OTT Awards)
• Phone Bhoot (Dadasaheb Phalke Award Winner)

Competitive Strengths:

1. Skilled technical and creative workforce.
2. Integrated infrastructure with advanced technology.
3. Strong client base across the entertainment industry.
4. Proven revenue visibility and growth potential.

Identical Brains Studios Financials

The company’s financial performance has shown remarkable growth:

The revenue has grown 150.71% from FY23 to FY24, while PAT increased 231.5%, reflecting strong business growth.

Why Should You Invest in Identical Brains Studios IPO?

Key Reasons:

• Strong Financials: Consistent revenue and profit growth.
• Competitive Edge: Recognized for award-winning VFX services.
• Growing Industry: Rising demand for VFX in films, OTT platforms, and advertising.
• Attractive Valuation: Priced reasonably within the SME segment.

To understand IPO comparisons, check out our article on OFS vs IPO differences.

Identical Brains Studios IPO Timeline

FAQs: Identical Brains Studios IPO

1. What is the Identical Brains Studios IPO GMP today?

The Identical Brains Studios IPO GMP today is reported to be around ₹10-12 per share.

2. What is the price band for Identical Brains Studios IPO?

The price band is set between ₹51 to ₹54 per share.

3. What is the lot size for Identical Brains Studios IPO?

The minimum lot size is 2,000 shares, requiring an investment of ₹1,08,000 for retail investors.

4. When will Identical Brains Studios IPO list on NSE SME?

The IPO is tentatively scheduled to list on December 26, 2024.

5. How can I check Identical Brains Studios IPO subscription status?

You can check the IPO subscription status on NSE SME’s official website or through financial portals.

Conclusion: Why To Invest In Identical Brains Studios IPO:

The Identical Brains Studios IPO presents an exciting opportunity for SME investors, backed by the company’s strong financials and growing demand for VFX services. With a reasonable GMP and competitive valuation, this IPO is worth monitoring.

Stay updated with the latest IPO trends, GMP updates, and subscription status at Tap Invest.