IPO Details
Bidding Dates
02 Aug 24 - 06 Aug 24
Price Range ₹
22 - 24
Total Equity
₹ 18.72Cr
Lot Size
6000
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
02 Aug 2024
Offer end
06 Aug 2024
Allotment
07 Aug 2024
Refund initiation
08 Aug 2024
Demat transfer
08 Aug 2024
Listing
09 Aug 2024
Offer start
02 Aug 2024
Offer end
06 Aug 2024
Allotment
07 Aug 2024
Refund initiation
08 Aug 2024
Demat transfer
08 Aug 2024
Listing
09 Aug 2024
About Company
Incorporated in 2019, Picture Post Studios Limited specializes in movie editing, computer-generated imagery (CGI), visual effects (VFX), video conversion, color grading, and film mastering for various channels and digital platforms. The company provides a comprehensive range of services tailored to the entertainment industry, including visual effects, post-production, color grading, motion design, and crafting compelling visual experiences for audiences worldwide. Key Services Offered: - Offline Editing - Computer Generated Imagery (CGI) - Mastering and Quality Check - Visual Effects (VFX) - Color Grading - Creative Editorial As a VFX studio, Picture Post Studios delivers an array of visual effects services. The production team, using advanced software, hardware, and proprietary tools, creates exceptional VFX for web series, commercials, music videos, and films. The company's studio is located in Khar Colony, Mumbai. As of April 30, 2024, Picture Post Studios employed 105 staff members.
Year Founded
01-06-2023
Promotor Details
Parish Tekriwal
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 93.02 | 68.26 |
| Share Capital | 20000000 | 20000000 |
Offer to Public
78,00,000.00 Cr
Project Details
- Repayment/prepayment of all or certain of our borrowing availed by our Company - 50cr
- Funding of capital expenditure requirements of our Company towards purchase of equipment and Softwar - 80.376cr
Objectives
- Funding of capital expenditure requirements of our Company towards purchase of equipment and Software
- Repayment/prepayment of all or certain of our borrowings availed by our Company
- General corporate purposes.
Highlights
- The company has built strong, long-term relationships with high-profile clients, enhancing its reputation and ensuring a steady flow of business opportunities.
- Picture Post Studios is recognized as a trusted partner within the Trusted Partner Network (TPN), a status that reflects its reliability and credibility in the industry.
- The company introduces innovative techniques and leverages a proprietary technology platform that ensures scalability and adaptability, positioning it well to meet evolving industry demands.
- Picture Post Studios actively works on expanding its current business relationships and leveraging its market skills to foster new partnerships, thereby increasing its market presence and growth potential.
- The company places a strong emphasis on continuous innovation and maintaining high quality standards, which drives its competitive edge and ensures that it delivers exceptional visual experiences to clients.
Challenges
- The company faces ongoing litigation involving itself, its directors, and promoters. Adverse outcomes from these legal matters could negatively impact its business, reputation, and financial performance.
- The company has experienced negative cash flows in previous years, which could hinder its growth and financial stability if not addressed effectively.
- Operating in a rapidly evolving VFX market, the company is susceptible to shifting client preferences and technological advancements. Failure to keep pace with these changes may affect its competitiveness and long-term success.
- The VFX industry demands strict secrecy regarding project details. Any lapses in maintaining confidentiality could adversely affect the company’s financial performance and operational integrity.
- The company's reliance on relationships with production houses and directors, as well as significant revenue from post-production services for advertisements, makes it vulnerable to fluctuations in these areas. Additionally, challenges in attracting and retaining qualified personnel and potential delays or non-compliance in regulatory filings may further impact its business and financial condition.
