Picture Post Studios Limited

Company Name	Picture Post Studios Limited
Open Date	02-08-2024
Close Date	06-08-2024
Exchange	NSE EMERGE
Lot Size	6000 Shares
Issue Price	₹22 to ₹24 per share
Issue Size	78,00,000 shares
Application Amount	₹1,44,000
Recommendation	Avoid

Picture Post Studios Limited was originally formed as LLP under the name ‘M/s. Prodace Solutions LLP’ on August 22, 2019. The registered office is located at Mumbai, Maharashtra. The Company 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 had 105 permanent employees as of April 30, 2024.

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Financial Summary in Lakhs

KPI’s	FY 22	FY 23	FY 24
Revenue	29.00	1,084.84	2,197.85
EBITDA	21.69	107.97	520.41
Net Profit	21.69	59.98	292.04
RoCE	1495.86%	23.94%	54.56%
ROE	1495.86%	53.07%	41.72%
P/E	240.00	85.71	17.65

Tentative Timeline

Opening Date	02-08-2024
Closing Date	06-08-2024
Basis of Allotment	07-08-2024
Initiation of Refunds	08-08-2024
Credit of Shares to Demat	08-08-2024
Listing Date	09-08-2024

Objects of the Issue

Funding of capital expenditure requirements of the Company towards purchase of equipment and Software

Repayment/prepayment of all or certain of the borrowings availed by the Company

General Corporate Purposes

Contact Information

Registered Office	Picture Post Studios Limited 701, 7th Floor, Sapphire Building, Junction of S.V. Rd, Rd & 1st Rd, Khar (W), Khar Colony- Mumbai-400052
Phone	+91 9769199410
Email	investors@picturepoststudio.com
Website	http://www.picturepoststudio.com/

Offer Documents

Picture Post Studios IPO DRHP

Picture Post Studios IPO RHP

Registrar Details

Name	Bigshare Services Pvt Ltd
Phone	+91-22-6263 8200
Email	ipo@bigshareonline.com
Website	https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

Anchor Investor Shares Offered	2,208,000 (28.31%)
Market Maker Shares Offered	396,000 (5.08%)
QIB Shares Offered	1,482,000 (19.00%)
NII (HNI) Shares Offered	1,116,000 (14.31%)
Retail Shares Offered	2,598,000 (33.31%)

Shareholding Pattern

Share Holding Pre Issue (Promoters)	93.02%
Share Holding Post Issue (Promoters)	68.26%