The much-anticipated share allotment for Identical Brains Studios is set to be finalized later today, preceding its December 26 debut on the NSE SME platform. The SME IPO, valued at Rs 20 crore, captivated investors with an impressive subscription rate, exceeding 500 times the initial offering, driven hugely by enthusiastic retail participants.
For those eager to check their allotment status, the NSE website provides a straightforward approach:
1. Visit the [NSE Website](https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp)
2. Choose the company’s name from the drop-down menu.
3. Enter your application number or PAN to unveil your allotment status.
Alternatively, checking via the IPO registrar, Bigshare Services, is equally simple:
1. Navigate to the [Bigshare Services website](https://ipo.bigshareonline.com/IPO_Status.html).
2. Select Identical Brains Studios IPO.
3. Input your PAN details and hit the search button.
The grey market price indicates a promising future, with Supreme Facility Management shares maintaining strong interest at around Rs 50, a potential 92% boost over the issue price.
Proceeds from the IPO are strategically allocated to enhance and refurbish their Andheri office and studio, open a new branch in Lucknow, bolster working capital, and serve general corporate needs.
Identical Brains Studios, known for its expansive VFX services across various media formats, aligns with the burgeoning Indian VFX industry, which surged from $107.7 million in 2020 to a staggering $647.2 million in 2023. The industry’s exponential growth reflects the increasing demand for innovative visual effects solutions.
For the year ending September 2024, the company’s financial showcase reported total revenues of Rs 11.59 crore and a net profit of Rs 2.4 crore.
Game-Changing IPO: Identical Brains Studios Set to Revolutionize the VFX Industry
The recent IPO of Identical Brains Studios has become the talk of the town as the company gears up for its NSE SME platform debut on December 26. Attracting over 500 times the initial offering rate, the Rs 20 crore SME IPO underscores the booming demand for its cutting-edge visual effects (VFX) services.
In the ever-evolving landscape of visual effects and media production, Identical Brains Studios stands out as a key player. As the Indian VFX industry skyrockets from $107.7 million in 2020 to $647.2 million in 2023, this IPO symbolizes the industry’s robust trajectory and the studio’s remarkable potential.
Use Cases and Innovations
Identical Brains Studios, already a powerhouse in VFX, continues to enhance and diversify its offerings across various media formats. With plans to refurbish its Andheri office and studio and establish a new branch in Lucknow, the company is set to expand its footprint significantly.
Financial Health and Predictive Trends
For the fiscal year ending September 2024, Identical Brains Studios reported revenues of Rs 11.59 crore and a net profit of Rs 2.4 crore. These impressive figures, alongside a strong grey market showing with an impressive 92% boost over the issue price, paint a promising future for investors and the industry at large.
Strategic Allocation and Market Growth
The proceeds from the IPO will strategically fund office enhancements, branch expansions, and bolster working capital amid corporate growth. This aligns with Identical Brains Studios’ vision to simultaneously harness market growth and expand service offerings to meet the dynamic needs of the digital content creation market.
Sustainability in the VFX Industry
As Identical Brains Studios continues to expand, sustainability in production and operations is increasingly paramount. The company is expected to leverage eco-friendly technologies and sustainable practices to set new industry standards.
Security Aspects and Industry Insights
In an era where data security is crucial, Identical Brains Studios is expected to prioritize cybersecurity, ensuring the protection of intellectual property and client data. This focus on security not only safeguards the company’s assets but also enhances client trust and market standing.
For more information on Identical Brains Studios and their market strategies, visit the NSE and Bigshare Services websites.