Identical Brains Studios’ initial public offer received an overwhelming response at the end of the subscription period, with the issue being booked 544.28 times. The shares of the IPO are expected to be allotted to investors today.
Identical Brains Studios’ IPO is ₹19.95 crore book-built issue. The issue opened for subscription on December 18, 2024 and the subscription period concluded on December 20, 2024. The shares of the company will be allotted to investors on December 23, 2024. The tentative listing date of the IPO is set at December 26, 2024.
The Identical Brain Studios IPO was subscribed 544.28 times at the end of the subscription period. The issue received significant interest from non-institutional and retail investors.
The company had offered 7.04 lakh shares to qualified institutional buyers (QIBs) and received bids for 13.19 crore, or 187.36 times. The non-institutional investors (NII) portion was subscribed 1,020.2 times with bids for 53.86 crore shares against an offer of 5.28 lakh shares.
The retail investor portion was booked 544.28 times and received bids for 66.83 crore shares against an offer of 12.28 lakh shares.
The issue received bids for a total of 133.89 crore shares against an offer of 24.6 lakh shares.
The price band for Identical Brains Studios IPO was ₹51 to ₹54 per share. The lot size of the issue was 2,000 shares. The minimum investment to apply for the IPO was ₹1,08,000.
Investors who have applied for the Identical Brain Studios IPO can check the allotment status on either the NSE website or on the website of the issue’s registrar, Bigshare Services.
Step 1: Visit the NSE IPO allotment page here
Step 2: If you have not registered, sign up using your PAN card
Step 3: Log in using your username and password
Step 4: Make sure the IPO Bid Details Column is checked
Step 5: Select ‘IDENTICAL’ from the dropdown menu
Step 6: Enter your application number
Step 7: Click on ‘Get Data’ to check the allotment status
Step 1: Visit the Bigshare Services website by clicking here
Step 2: Select ‘Identical Brain Studios Limited’ from the company dropdown menu
Step 3: Select from the 3 available options PAN, Beneficiary ID, or Application Number. Enter the details accordingly
Step 4: Enter the CAPTCHA
Step 5: Click on Search to check you allotment status.
Identical Brains Studious engages in the production of computer-generated visual effects and offers its services to films, web series, commercials, and documentaries.
For the quarter ended September 30, 2024, the company reported a net profit of ₹2.40 crore on a revenue of ₹11.39 crore.
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