Digikore Studios IPO

Digikore Studios Limited

₹1,34,400 /800 sharesMinimum Investment

Digikore Studios IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
25 Sep ‘23 - 27 Sep ‘23₹1,34,400800₹168 - ₹171
Issue SizeIPO Doc
30.48Cr
RHP PDF

About Digikore Studios

Digikore Studios was incorporated in 2000. The company is engaged in delivering Visual Effects (VFX) for a diverse range of projects such as Films, Web Series, TV Series, Documentaries, and Commercials. The company has worked with a portfolio of many Films and TV Series, notable works include projects like "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” “Transformer: Age of Extinction” “Crouching Tiger, Hidden Dragon: Sword of Destiny” and many more productions. As a TPN-audited VFX studio, it offers a comprehensive suite of visual effects services. ;
Founded in
2000
Managing director
Mr. Abhishek Rameshkumar More
Parent organisation
Digikore Studios Limited

Strengths & Financials of Digikore Studios

Strengths
Risks
he company was among the first few VFX studios in India
Digikore Studios boasts of State of the Art technology
The company has a track record of working on multiple known projects like "Thor: Love and Thunder," "Black Panther: Wakanda Forever," "Glass Onion: A Knives Out Mystery," "Deadpool,"
Digikore is among the select few studios in India that have undergone audits from esteemed entities such as TPN.
It has also been approved for projects from production houses like Disney/Marvel, Netflix, Amazon, Apple, Paramount, Warner Bros., and Lions gate.
The company has now started on a new venture, known as Digikore Matchmaking, extending its portfolio to encompass new dimensions of business endeavor.
A major portion of the company’s revenue generated from operation is through exports, any change in the government laws or policies may affect its business.
Top 10 and top 5 customers contributed the majority of its revenues from operations for the financial year ended March 31, 2023, March 31, 2022 and March 31, 2021. Any loss of business from one or more of them may adversely affect its revenues and profitability.
Digikore Studios operates in the constantly evolving VFX market, which is subject to rapidly changing client’s behavior and tastes, and depends on audience acceptance of content for which the company provides VFX services and the long-term popularity of the brands.
The company does not own the premises in which its registered office and Corporate Office are located and the same are on lease arrangement.
The company, its Promoters and Directors are involved in certain legal proceeding(s).
In the past, the company has made delays in filing of Statutory Returns and delayed in dispensing of statutory fees.
The company has availed and may in the future avail, unsecured loans that may be recalled by the lenders at any time.
The company had negative cash flows from its operating activities, investing activities as well as financing activities in some of the previous years.
Total outstanding borrowings of Rs 912.25 Lakhs.

Digikore Studios Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Digikore Studios IPO

Apply asPrice bandApply Range
Regular168 - 171₹2 - 5 Lakh
High Networth Individual168 - 171₹2 - 5 Lakh
For Digikore Studios IPO, eligible investors can apply as Regular.