31 Mar 2022
Assets2.26
Total Income3.91
Profit After Tax0.51
NET Worth1.27
Reserves and Surplus1.26
At a glance
Updated 2026-08-24The shares listed at ₹95.00, a 75.93% move from the issue price. Identical Brains Studios is a SME IPO with an issue size of ₹19.95 crore, proposed for listing on NSE SME. The offer opens on 18th Dec 2024 and closes on 20th Dec 2024. The issue structure includes a fresh issue of ₹18.94 crore. The current listing schedule points to 26th Dec 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹19.95 Cr
Fresh issue₹18.94 Cr
Face value₹10
Price band₹51.00–₹54.00
Allotment23rd Dec 2024
Listing26th Dec 2024
Listing performance
Full performance ↗Issue price₹54.00
Listing price₹95.00
Current price—
Listing gain75.93%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹25.00
GMP / upper price46.30%
Est. listing₹79.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens18th Dec 2024
Closes20th Dec 2024
Allotment23rd Dec 2024
Refund24th Dec 2024
Demat24th Dec 2024
Listing26th Dec 2024
Subscription demand
Full bidding ↗Total544.28×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹108,000 |
Company
Incorporated2019
Use of proceeds
| Object | Amount |
|---|---|
| Funding capital expenditure towards renovation of existing Andheri office and studio; | ₹0.52 Cr |
| Funding capital expenditure towards establishment of Colour Grading Digital Intermediate (“DI”) and Sound Studio Set up at new branch office in Andheri; | ₹2.86 Cr |
| Funding capital expenditure towards establishment of new branch office in Lucknow; | ₹0.76 Cr |
| Funding capital expenditure for purchase of computers, storage systems and software to further strengthen the existing facilities/offices of the company; | ₹3.43 Cr |
| Funding our incremental working capital requirements; and | ₹7.04 Cr |
| General corporate purposes | ₹3.56 Cr |
Financials
Full financials ↗31 Mar 2023
Assets4.76
Total Income8.08
Profit After Tax1.61
NET Worth2.89
Reserves and Surplus2.88
31 Mar 2024
Assets17.02
Total Income20.26
Profit After Tax5.35
NET Worth12.04
Reserves and Surplus5.15
Total Borrowing0.19
30 Sep 2024
Assets21.84
Total Income11.50
Profit After Tax2.41
NET Worth14.36
Reserves and Surplus4.03
Total Borrowing0.17
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 71.66% |
| ROCE | 103.52% |
| Debt / Equity | 0.02% |
| RoNW | 44.42% |
| PAT Margin | 26.62% |
| Price to Book Value | 4.64 |
Valuation & shareholding
Pre-IPO EPS5.17
Post-IPO EPS3.43
Pre-IPO P/E10.44
Post-IPO P/E15.74
Promoter holding pre86.53%
Promoter holding post63.74%
Market cap₹75.74 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manager fees including underwriting commission | ₹0.25 Cr |
| Brokerage, selling commission and upload fees | ₹0.01 Cr |
| Registrar to the Issue | ₹0.06 Cr |
| Legal Advisors | ₹0.02 Cr |
| Advertising and marketing expenses | ₹0.96 Cr |
| Regulators including stock exchanges | ₹0.04 Cr |
| Printing and distribution of issue stationary | ₹0.01 Cr |
| Others, if any (market making, depositories, secretarial, peer review auditors, etc.) | ₹0.45 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Socradamus Capital Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.