Picturepost Studios IPO

Picturepost Studios Ltd

₹1,32,000 /6000 sharesMinimum Investment

Picturepost Studios IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
2 Aug ‘24 - 6 Aug ‘24₹1,32,0006,000₹22 - ₹24
Issue SizeIPO Doc
18.72Cr
RHP PDF

About Picturepost Studios

Picture Post Studios Limited (PPSL) is a post-production company involved in film editing, computer-generated imagery (CGI), visual effects (VFX), video conversion, colour grading, and the mastering of films and commercials for various channels and digital platforms. Post-production represents the final phase of filmmaking and video production, which takes place after the main filming or shooting activities. The visual effects provided by PPSL involve creating or altering imagery that does not physically exist in the real world. This imagery is then integrated with actual footage to construct environments that appear authentic. PPSL offers these visual effect services and serves clientele across web series, commercials, music videos, and films.;
Founded in
2019
Managing director
Mr. Parish Tekriwal
Parent organisation
Picturepost Studios Ltd

Strengths & Financials of Picturepost Studios

Strengths
Risks
Picture Post Studios is certified by the Trusted Partner Network (TPN), a global initiative for the protection of film and television content overseen by the Motion Picture Association (MPA) in the USA. This certification establishes the company as a recognised and secure VFX provider in the industry.
The company's technology is designed to ensure a seamless and hassle-free experience for producers, directors, and advertisers during the execution and final stages of production.
Picture Post Studios has a portfolio that includes a wide range of projects across web series, commercials, and films. These include Half CA, Panchayat Season 3, Mera Bhai, commercials for TVS Jupiter, Park Avenue, Ponds Aloetac, and the movie Bade Miyan Chote Miyan, among others.
The company has demonstrated consistent financial growth, with revenue from operations increasing from Rs 0.29 crore in FY22 to Rs 10.85 crore in FY23 and further to Rs 21.98 crore in FY24.
Picture Post Studios is currently facing several legal disputes involving the company, its directors, and promoters. Any adverse judgments in these disputes could harm the company’s business operations.
The company has experienced negative cash flows in recent years. A repeat of this in the future could pose a risk to its growth and overall business sustainability.
Operating in the dynamic VFX industry, Picture Post Studios should be able to adapt to rapidly changing consumer behaviours and preferences. The success of the company relies heavily on audience's reception of their content, which in turn influences the long-term recognition and popularity of their brand.
A significant portion of the company’s revenue comes from its top five customers, who contributed approximately Rs 12.78 crore, accounting for 58.14%, and Rs 3.58 crore (64.20%) for the periods ending March 31, 2024, and July 10, 2023, respectively. The company's future growth and cash flow could be jeopardised if it fails to attract new clients or if existing clients do not renew their contracts.
As of March 31, 2024, Picture Post Studios reported a total financial indebtedness of Rs 5.56 crore. Any inability to service or repay these debts on time could adversely affect the company’s prospects.

Picturepost Studios Financials

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

Application Details of Picturepost Studios IPO

Apply asPrice bandApply upto
Regular22 - 24₹2 - 5 Lakh
High Networth Individual22 - 24₹2 - 5 Lakh
For Picturepost Studios IPO, eligible investors can apply as Regular.