Identical Brains Studios
Listed
Listed
IPO Timeline
Issue open date
18 Dec 2024Issue close date
20 Dec 2024UPI mandate deadline
20 Dec 2024Allotment finalization
23 Dec 2024Refund initiation
24 Dec 2024Share credit
24 Dec 2024Listing date
26 Dec 2024Mandate end date
4 Jan 2025Lock-in end date for anchor investors (50%)
22 Jan 2025Lock-in end date for anchor investors (remaining)
23 Mar 2025Key Dates
Open
18 Dec 2024Close
20 Dec 2024Listing
26 Dec 2024Quick Stats
Issue Size:20cr
Lot Size:2000 shares
About the Company
Incorporated in 2019, Identical Brains Studios provides computer-generated visual effects (VFX) services, delivering a wide range of offerings for films, web series, TV shows, documentaries, and commercials. Based in India, its clientele includes leading Bollywood studios and global content producers. The company has worked on acclaimed projects such as Scam 1992, Rocket Boys, and Adipurush, earning awards like Filmfare OTT and Dadasaheb Phalke. With TPN certification, the company ensures high-security standards, making it a trusted partner for US and European markets.
Strengths
- Scalable service delivery ensures quality, timely, and budgeted project completion.
- Cost-effective operations in Palghar and Lucknow optimize resources efficiently.
- Advanced technology and infrastructure enhance collaboration and project efficiency.
- Skilled, diverse workforce drives innovation and solves multifaceted challenges.
- Strong business model offers revenue visibility and margin expansion opportunities.
- Experienced management fosters innovation and drives sustainable business growth.
Risks
- Dependency on relationships with major Bollywood studios and talent.
- Rapidly evolving entertainment industry requires adapting to consumer preferences.
- Reduction in VFX content by producers may affect revenue.
- Reliance on top ten customers exposes revenue concentration risks.
- Studio consolidations could reduce customer base and negotiation leverage.
- Failure to adapt to technology changes may hurt competitiveness.
- VFX industry faces challenges like delays, talent shortages, and competition.
- Contracts include direct deals and reliance on subcontracting arrangements.
Identical Brains Studios IPO – Frequently Asked Questions
- The price band for the Identical Brains Studios IPO is set at ₹51 to ₹54 per share.
- The Identical Brains Studios IPO opens on December 18, 2024 and closes on December 20, 2024.
- The tentative listing date for the Identical Brains Studios IPO is December 26, 2024.
- You can apply for the Identical Brains Studios IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Identical Brains Studios, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Identical Brains Studios IPO is 2000 shares. Investors must apply for at least one lot (i.e., 2000 shares).