Digikore Studios IPO Date, Price, Subscription, Allotment, Listing Details
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Digikore Studios Limited, Incorporated in the year 2000, specializes in providing a comprehensive range of visual effects (VFX) services.
Digikore Studios offers its VFX expertise for a wide spectrum of projects, including films, web series, TV series, documentaries, and commercials. Some of the prominent and noteworthy works executed by Digikore Studios encompass projects such as “Thor: Love and Thunder,” “Black Panther: Wakanda Forever,” “Glass Onion: A Knives Out Mystery,” “Deadpool,” “Star Trek,” “Jumanji,” “Stranger Things,” “The Last Ship,” “Titanic,” “Ghost Rider: Spirit of Vengeance,” “Transformers: Age of Extinction,” “Crouching Tiger, Hidden Dragon: Sword of Destiny,” and more.
The client base of Digikore Studios primarily spans across India, Australia, New Zealand, the United States, and European markets.
In terms of financial performance, the company achieved total revenues of Rs. 3,555.83 Lacs, Rs. 2,488.39 Lacs, and Rs. 615.53 Lacs in fiscal years 2023, 2022, and 2021, respectively.
Objects of the Issue (Digikore Studios IPO Objectives)
The company plans to utilize the net proceeds from the issue for the following purposes:
- Funding working capital requirements.
- General corporate purposes.
- Covering offer expenses.
Digikore Studios IPO Details
The Digikore Studios IPO is a book-built issue with a total value of Rs 30.48 crores. This offering comprises a fresh issue of 12.61 lakh shares, amounting to Rs 21.56 crores, and an offer for sale of 5.22 lakh shares, totaling Rs 8.92 crores.
IPO Date | September 25, 2023 to September 27, 2023 |
Listing Date | October 4, 2023 |
Face Value | ₹10 per share |
Price Band | ₹168 to ₹171 per share |
Lot Size | 800 Shares |
Total Issue Size | 1,782,400 shares (aggregating up to ₹30.48 Cr) |
Fresh Issue | 1,260,800 shares (aggregating up to ₹21.56 Cr) |
Offer for Sale | 521,600 shares of ₹10 (aggregating up to ₹8.92 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 5,072,000 |
Share holding post issue | 6,332,800 |
Market Maker portion | 178,400 shares |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Digikore Studios IPO Reservation
QIB Shares Offered | Not more than 50.00% of the Net offer |
NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Retail Shares Offered | Not less than 35.00% of the Offer |
Digikore Studios IPO Lot Size
Investors have the option to bid for a minimum of 800 shares and in multiples thereof. The table below illustrates the minimum and maximum investment allowed for both retail investors and high-net-worth individuals (HNI) in terms of shares and the corresponding amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 800 | ₹136,800 |
Retail (Max) | 1 | 800 | ₹136,800 |
HNI (Min) | 2 | 1,600 | ₹273,600 |
Digikore Studios IPO Dates
Digikore Studios IPO opens on September 25, 2023, and closes on September 27, 2023.
IPO Open Date | Monday, September 25, 2023 |
IPO Close Date | Wednesday, September 27, 2023 |
Basis of Allotment | Friday, September 29, 2023 |
Initiation of Refunds | Tuesday, October 3, 2023 |
Credit of Shares to Demat | Tuesday, October 3, 2023 |
Listing Date | Wednesday, October 4, 2023 |
Cut-off time for UPI mandate confirmation | 5 PM on September 27, 2023 |
Digikore Studios Limited Financial Report
Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 | 30 Jun 2023 |
---|---|---|---|---|
Assets | 797.83 | 825.24 | 1,932.41 | 2,518.83 |
Revenue | 615.53 | 2,488.39 | 3,692.38 | 1,186.49 |
Profit After Tax | 1.80 | 46.54 | 389.17 | 270.89 |
Net Worth | 106.94 | 153.48 | 542.66 | 813.30 |
Reserves and Surplus | -11.46 | 35.08 | 424.26 | 694.30 |
Total Borrowing | – | 349.46 | 608.55 | 912.25 |
Key Performance Indicator of Digikore Studios Ltd
KPI | Values |
---|---|
ROE | 74.03% |
ROCE | 92.23% |
Debt/Equity | 1.03 |
EPS (Rs) | 36.95 |
RoNW | 74.03% |
Digikore Studios IPO Promoter Holding
Promoters of the company are Mr. Abhishek Rameshkumar More and M/s. Shree M P J Cement Works LLP.
Share Holding Pre Issue | 93.38% |
Share Holding Post Issue | 66.55% |
Digikore Studios IPO Contact Details
Digikore Studios Limited
C/o Poona Bottling Company Private Limited.,
410/1, 411/2, Mumbai Pune Road,
Dapodi, Pune – 411012
Phone: 020-35553555
Email: cs@digikore.com
Website: https://digikorevfx.com/
Digikore Studios IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: investor@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Digikore Studios IPO FAQs
What is Digikore Studios IPO?
Digikore Studios IPO is a Small and Medium-sized Enterprise (SME) IPO offering 1,782,400 equity shares with a face value of ₹10, aggregating up to ₹30.48 Crores. The issue price per share ranges from ₹168 to ₹171. The minimum order quantity is 800 shares. The IPO subscription period is from September 25, 2023, to September 27, 2023.
Bigshare Services Pvt Ltd is the registrar for the IPO, and the shares are planned to be listed on the NSE SME platform.
How can I apply for Digikore Studios IPO through Zerodha?
If you are a Zerodha customer, you can apply for the Digikore Studios IPO online using the UPI payment gateway. Simply log in to Zerodha Console (back office), go to Portfolio, and click on the IPOs link. Locate the ‘Digikore Studios IPO’ row and click the ‘Bid’ button. Enter your UPI ID, desired quantity, and price, then submit the IPO application form. Visit your UPI app (either net banking or BHIM) to approve the mandate.
When does the Digikore Studios IPO open?
The Digikore Studios IPO opens for subscription on September 25, 2023, and will remain open until September 27, 2023.
What is the lot size for Digikore Studios IPO?
The lot size for Digikore Studios IPO is 800 shares, and the minimum required investment is ₹136,800.
How can I apply for the Digikore Studios IPO?
You can apply for the Digikore Studios IPO online using either UPI or ASBA as the payment method. ASBA IPO application is available in the net banking portal of your bank account. UPI IPO application is provided by brokers who do not offer banking services. For more details, you can read about applying for IPOs online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank.
When will the Digikore Studios IPO allotment be finalized?
The finalization of the Basis of Allotment for the Digikore Studios IPO is scheduled for Friday, September 29, 2023. The allotted shares will be credited to your demat account by Tuesday, October 3, 2023. You can check the Digikore Studios IPO allotment status at that time.
When is the Digikore Studios IPO listing date?
The listing date for the Digikore Studios IPO has not been announced yet. The tentative listing date is Wednesday, October 4, 2023.