Investing in an IPO (Initial Public Offering) can be a great way to get involved in a company’s growth from the start. However, understanding the details can sometimes be tricky. Here's a straightforward explanation of the Picture Post Studios IPO, including share price details, investment requirements, and financial highlights.
Company Background
Picture Post Studios Limited is a company that specializes in movie editing, visual effects (VFX), and post-production services for films and commercials. Established in 2019, they work with clients in the entertainment industry to enhance their content using advanced digital tools.
IPO Share Price and Dates
IPO Price Band: ₹22 to ₹24 per share
IPO Open Date: August 2, 2024 -
IPO Close Date: August 6, 2024 -
Listing Date: August 9, 2024 (Listed on NSE SME)
Investment Details
- Minimum Lot Size: 6000 shares-
Minimum Investment for Retail Investors: ₹144,000 (for 6000 shares)-
Minimum Investment for High Net Worth Individuals (HNI): ₹288,000 (for 12,000 shares)
Total IPO Size: 7.8 million shares (raising up to ₹18.72 crores)
Use of Funds: The money raised from this IPO will be used by the company to expand its operations, invest in new technology, and enhance its services
1. Industry Growth: The entertainment industry in India is booming, especially with the rise of digital platforms. Picture Post Studios is positioned to benefit from this growth.
2. Company’s Services: They provide essential services like CGI and VFX, which are in high demand for movies and commercials.
3. Management: The company is led by experienced professionals who have helped it grow quickly since its founding in 2019.
Launch your Graphy