Digikore Studios IPO Review, Price, Dates, GMP, Fundamentals

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.

Digikore Studios IPO

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.

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