Identical Brains Studios IPO Listing Status: The IPO of Identical Brains Studios, a player in the visual effects (VFX) studio, after its three day bidding from December 18 to December 20 made its debut on the NSE SME platform, listing at a premium of 76 per cent over its issue price of Rs 54.
The company’s shares debuted on the NSE SME platform at Rs 95 per share, a premium of 75.93 per cent.
The NSE SME IPO, during its three-day subscription period received an overwhelming response from investors.
Identical Brains Studios NSE SME IPO – GMP
Ahead of its listing on the NSE SME issue today, the shares of the company, as per the latest, were trading at a premium of Rs 25 in the grey market, indicating an estimated listing of Rs 79 or reflecting a gain of 46.30 per cent against issue’s upper price band of Rs 54.
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Identical Brains Studios IPO Details: Price Band, Lot Size, and more
The Identical Brains Studios NSE SME IPO was a book-built issue worth Rs 19.95 crores, consisting entirely of fresh equity shares. With a price band of the SME issue set at Rs 51 to Rs 54 per share, the minimum investment required for retail investors was Rs 1,08,000 (2000 shares per lot). High Net-worth Individuals (HNIs) needed to invest a minimum of Rs 2,16,000 (4000 shares or two lots).
Identical Brains Studios NSE SME IPO – Subscription Figures
On the final day of bidding on December 20, Identical Brains Studios IPO was subscribed at a rate of 544.28 times. Here is how various investor categories participated:
- Retail Investors- 544.28 times
- Qualified Institutional Buyers (QIB)- 187.36 times
- Non-Institutional Investors (NII)- 1,020.2 times
Prior to the opening of the issue, the company garnered Rs 5.66 crore in the anchor investors round on December 17.
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Furthermore, the share allotment was finalised on December 23, paving the way for today’s listing on the NSE SME platform.
The Role of Key Players
The IPO was managed by Socradamus Capital as the book-running lead manager,
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