Picturepost Studios Ltd

Picturepost Studios Ltd IPO

IPO Price Range: ₹22 - 24

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.

Min Investment

₹1,44,000

IPO Size

₹18 Cr

IPO Status

Closed

Quantity in 1 Lot

6000

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Picturepost Studios Ltd

Open Date2 Aug 2024
Close Date6 Aug 2024
Allotment Date7 Aug 2024
Listing Date9 Aug 2024

Key Statistics

Bid Opening DateBid Opening Date2 Aug 2024
Bid Closing DateBid Closing Date6 Aug 2024
Allotment DateAllotment Date7 Aug 2024
Issue SizeIssue Size₹18.72Cr
Quantity in 1 lotQuantity in 1 lot6000

Strength and risks

Strength

Strength

  • 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.


Risk

Risk

  • 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 clients 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.

  • The company depends on its relationships with production house and film directors and other industry participants to exploit its film content.

  • The company derives a significant amount of revenue from the Post Production Services for Advertisement. Any decrease in revenue from Advertisement Services will adversely affect its business, cash flows, financial condition and results of operations.

  • Success is dependent on its people. The company ability to attract and maintain qualified technical personnel, will affect the results of operations and financial condition.

  • The Restated Financial Statements have been provided by Peer Reviewed Chartered Accountants who is not Statutory Auditor of the Company.

  • Intensified competition may restrict its ability to access content and/or talent.

Promoters Holding

Investors Holdings %
Parish Tekriwal46.04%
Shailendra Ishwardas Chandgoti23.49%
Pooja Shailendra Chandgothia0%
Deepa Shailendra Chandgothia23.49%

About Picturepost Studios Ltd

OrganisationPicturepost Studios Ltd
HeadquartersMumbai
IndustryEntertainment

Frequently Asked Questions

  • What is the size of the Picturepost Studios Ltd IPO?

    The size of the Picturepost Studios Ltd IPO is ₹18.72Cr .

  • What is 'pre-apply' for Picturepost Studios Ltd IPO?

    'Pre-apply' for Picturepost Studios Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Picturepost Studios Ltd IPO order be placed?

    Your Picturepost Studios Ltd IPO order will be placed on 2 Aug 2024.

  • What are the open and close dates of the Picturepost Studios Ltd IPO?

    The open and close dates of the Picturepost Studios Ltd IPO are 2 Aug 2024 to 6 Aug 2024.

  • What is the lot size and minimum order quantity of the Picturepost Studios Ltd IPO?

    The lot size and minimum order quantity of the Picturepost Studios Ltd IPO are 6000 and 6000 respectively.

  • What would be the listing gains on the Picturepost Studios Ltd IPO?

    The potential listing gains on the Picturepost Studios Ltd IPO will depend on various market factors and cannot be predicted with certainty.