Digikore Studios IPO Review, Price, Dates, GMP, Fundamentals: The book-built IPO for Digikore Studios is worth Rs 30.48 crores. The issuance consists of an offer for sale of 5.22 lakh shares for Rs 8.92 crores and a fresh issue of 12.61 lakh shares totaling Rs 21.56 crores.
The price range for the Digikore Studios IPO is set at 168 to 171 per share. For applications, a minimum lot size of 800 Shares is required. Retail investors are obliged to make an investment of at least 136,800. HNI requires a minimum investment of 2 lots (1,600 shares), or $273,600.
The subscription period for Digikore Studios IPO begins on September 25, 2023, and ends on September 27, 2023. On Friday, September 29, 2023, the Digikore Studios IPO’s allotment is anticipated to be completed. The proposed listing date for Digikore Studios’ IPO is set on Wednesday, October 4, 2023, on the NSE SME.
The book-running lead manager for the Digikore Studios IPO is Sarthi Capital Advisors Private Limited, while the issue’s registrar is Bigshare Services Pvt Ltd. Market maker for the Digikore Studios first public offering is Gretex Share Broking.
Digikore Studios IPO Overview
| Digikore Studios Company Overview | |
|---|---|
| Company Name | Digikore Studios |
| IPO Opening Date | 25 September, 2023 |
| IPO Closing Date | 27 September, 2023 |
| Face Value | 10₹ Per Share |
| Share Price Range | 168₹ To 171₹ |
| Lot Size | 800 Shares |
| GMP | Check Here |
| Issue Type | Book Built Issue IPO |
| Total IPO Issue Size | 17,82,400 Shares |
| Fresh Issue Size | 12,60,800 Shares |
| IPO Listing At | NSE SME |
| Share Holding Pre Issue | 50,72,000 |
| Share Holding Post Issue | 63,32,800 |
| More IPO’s | Check Here |
Digikore Studios IPO Lot Size
| IPO Lot Size | |
|---|---|
| Minimum Retail Applications | 01 Lot |
| Maximum Retail Applications | 01 Lot |
| Minimum HNI Applications | 02 Lots |
| Total Shares In Single Lot | 800 Shares |
| Amount For Single Lot | 1,36,000₹ |
Digikore Studios IPO Time Table (Tentative)
| IPO Time Table Complete Details | |
|---|---|
| IPO Initiation Date | 25 September, 2023 |
| IPO Ending Date | 27 September, 2023 |
| Basis Of Allotment | 29 September, 2023 |
| Initiation Of Refund | 03 October, 2023 |
| Shares Credit To Demat Account | 03 October, 2023 |
| Date Of Listing | 04 October, 2023 |
| Cut Off Time For UPI Mandate Confirmation | 05:00 PM, 27 September, 2023 |
Digikore Studios IPO Reservation Details
| IPO Reservation Overview | |
|---|---|
| Shares Offered To Retailers | Not Less Than 35% Of Net Offer |
| Shares Offered To HNI | Not Less Than 15% Of Net Offer |
| Shares Offered To QIB | Not More Than 50% Of Net Offer |
Digikore Studios Company Financials
| Digikore Studios Company Financials Information | |
|---|---|
| This Data Is Of | 30 June, 2023 |
| Total Revenue | 1,186.49 Cr |
| Assets | 2,518.83 Cr |
| Profit After Tax | 270.89 Cr |
| Net Worth | 813.30 Cr |
| Reserves And Surplus | 694.30 Cr |
| Debt | 912.25 Cr |
Digikore Studios Promoters Holding
| Share Holding Pre Issue | 93.38% |
| Share Holding Post Issue | 66.55% |
Digikore Studios Key Performance Indicators
| Digikore Studios Key Performance Indicators | |
|---|---|
| KPI | Values |
| Market Capitalization (In Cr.) | 108.29 Cr |
| Post P/E (X) | 4.63 |
| EPS | 36.95 |
| ROE | 74.03% |
| ROCE | 92.23% |
| RoNW | 74.03% |
Is Digikore Studios IPO Good Or Bad To Buy? Complete Review
With both domestic and international services, DSL is one of the industry’s top competitors in the VFX market. Its top and bottom lines have both shown consistent growth. According on annualized earnings for FY24, the issue seems to be fairly valued. Investors may set money aside for immediate or future gains.
What Is The Future Of Digikore Studios Stock?
Digikore Studios Limited, a visual effects firm with a broad range of visual effects services, was incorporated in 2000.
For movies, web series, TV series, documentaries, and commercials, the company provides visual effects (VFX) services. Thor: Love and Thunder, Black Panther: Wakanda Forever, Glass Onion: A Knives Out Mystery, Jumanji, Deadpool, The Last Ship, Star Trek, Stranger Things, Titanic, Gosht Rider: Spirit of Vengeance, Transformer: Crouching Tiger, Age of Extinction, Hidden Dragon: Sword of Destiny, etc. are just a few of Digikore Studios’ notable productions.
The main markets for Digikore Studios’ clients are those in India, Australia, New Zealand, the US, and Europe.
In fiscal 2023, 2022, and 2021, the company’s total revenue was Rs. 3555.83 Lacs, Rs. 2488.39 Lacs, and Rs. 615.53 Lacs, respectively.
What Is The Objective Of Digikore Studios IPO Issue?
The following items will be funded in part by the net proceeds from the issue, according to the company:
- Financial Expenses.
- Funding necessary working capital.
- Corporate objectives generally.
How To Apply For Digikore Studios IPO?
You can submit an online application for the Digikore Studios Initial Public Offer and pay using ASBA or UPI. Through the net banking feature of your bank account, you can access the ASBA IPO application. UPI IPO applications are provided by brokers who do not offer banking services. Find out more about the various brokers’ IPO application processes online.