Digikore Studios Limited is a visual effects studio that offers a full suite of visual effects services.
The company offers Visual Effects (VFX) services for Films, Web Series, TV Series, Documentaries, and Commercials. Some of the notable works of Digikore Studios include Thor: Love and Thunder, Black Panther: Wakanda Forever, Glass Onion: A Knives Out Mystery, Deadpool, Star Trek, Jumanji, Stranger Things, The Last Ship, Titanic, Gosht Rider: Spirit of Vengeance, Transformer: Age of Extinction, Crouching Tiger, Hidden Dragon: Sword of Destiny, etc.
Digikore Studios’ clientele mainly comes from India, Australia, New Zealand, the US, and European markets.
Digikore Studios IPO – Details
| IPO Opening Date | 25 September 2023 |
| IPO Closing Date | 27 September 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1,782,400 Shares Worth ₹30.48 Crore Fresh Issue: 12,60,800 Shares Worth ₹21.56 Crore Offer For Sale: 5,21,600 Shares Worth ₹8.92 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹168 – ₹171 |
| Market Lot | 800 Shares |
| Min Order | 800 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Digikore Studios IPO – Date Schedule
| IPO Open Date | 25 September 2023 |
| IPO Close Date | 27 September 2023 |
| Basis of Allotment | 29 September 2023 |
| Initiation of Refund | 03 October 2023 |
| Credit of Shares to Demat Account | 03 October 2023 |
| IPO Listing Date | 04 October 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Sep 27, 2023 |
Digikore Studios IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 800 | 1,36,800 |
| Retail (Maximum) | 1 | 800 | 1,36,800 |
| HNI (Minimum) | 2 | 1600 | 2,73,600 |
Competitive Strengths
- State of the Art Technology.
- Consistent track record of profitable growth due to a scalable business model.
- Established and proven track record;
- Leveraging the experience of the Promoter;
- Experienced management team and motivated employees;
- Cordial relations with their customers.
Company Promoters
- Mr. Abhishek Rameshkumar More
- M/s. Shree M P J Cement Works LLP
Object Of The Issue
- Funding Working Capital Requirement.
- General corporate purposes.
- Offer Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 6.16 | 6.13 | 0.02 | 4.99 |
| 31 March 2022 | 24.88 | 23.84 | 0.47 | 3.49 |
| 31 March 2023 | 35.56 | 29.83 | 4.37 | 6.08 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 4.63 |
| Market Cap | 108.29 Crore |
| ROE | 74.03 |
| ROCE | 92.23 |
| Debt/Equity | 1.03 |
| EPS (Rs) | 36.95 |
| RoNW | 74.03 |
Digikore Studios IPO Promoter Holding
| Pre Issue Share Holding | 93.38% |
| Post Issue Share Holding | 66.55% |
Digikore Studios IPO Prospectus
Company Contact Information
| Digikore Studios Limited C/o Poona Bottling Company Private Limited., 410/1, 411/2, Mumbai Pune Road, Dapodi, Pune – 411012 Phone: 020-35553555 Email: cs@digikore.com Website: https://digikorevfx.com/ |
Digikore Studios IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: investor@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Digikore Studios IPO Lead Manager(s)
| 1. Sarthi Capital Advisors Private Limited |
Digikore Studios IPO FAQs
| What is Digikore Studios IPO? Digikore Studios IPO is a SME IPO. The issue is priced at ₹168 – ₹171 per equity share. The IPO is to be listed on NSE SME. |
| When Digikore Studios IPO will open? The IPO is to open on 25 September 2023 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to Digikore Studios IPO? You can apply Digikore Studios IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Digikore Studios IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Digikore Studios”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Digikore Studios IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Digikore Studios”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Digikore Studios IPO Size? Digikore Studios IPO size is ₹30.48 crores. |
| What is Digikore Studios IPO Price Band? Digikore Studios IPO Price Band is ₹168 – ₹171. |
| What is Digikore Studios IPO Minimum and Maximum Lot Size? The minimum bid is 800 Shares with ₹1,36,800 amount while the maximum bid is 800 shares with ₹1,36,800. |
| What is the Digikore Studios IPO Allotment Date? Digikore Studios IPO allotment date is 29 September 2023. |
| What is the Digikore Studios IPO Listing Date? Digikore Studios IPO listing date is 04 October 2023. The IPO is to list on NSE SME. |
