Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Digikore Studios IPO is a book build issue of ₹30.48 crores. The issue is a combination of fresh issue of 0.13 crore shares aggregating to ₹21.56 crores and offer for sale of 0.05 crore shares aggregating to ₹8.92 crores.
Digikore Studios IPO bidding started from Sep 25, 2023 and ended on Sep 27, 2023. The allotment for Digikore Studios IPO was finalized on Sep 29, 2023. The shares got listed on NSE SME on Oct 4, 2023.
Digikore Studios IPO price band is set at ₹171.00 per share . The lot size for an application is 800. The minimum amount of investment required by an retail is ₹1,34,400 (800 shares). The minimum lot size investment for HNI is 2 lots (1,600 shares), amounting to ₹2,73,600.
Sarthi Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Gretex Share Broking Pvt.Ltd..
Refer to Digikore Studios IPO RHP for detailed Information.
| IPO Date | September 25, 2023 to September 27, 2023 |
| Listing Date | October 4, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹168 to ₹171 per share |
| Issue Price Final | ₹171 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 17,82,400 shares (aggregating up to ₹30.48 Cr) |
| Reserved for Market Maker | 1,78,400 shares Gretex Share Broking Pvt.Ltd. (aggregating up to ₹3.05 Cr) |
| Fresh Issue (Ex Market Maker) | 10,82,400 shares (aggregating up to ₹18.51 Cr) |
| Offer for Sale | 5,21,600 shares of ₹10 (aggregating up to ₹8.92 Cr) |
| Net Offered to Public | 16,04,000 shares (aggregating up to ₹27.43 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 50,72,000 shares |
| Share Holding Post Issue | 63,32,800 shares |
Digikore Studios IPO offers total 17,82,400 shares. Out of which 8,01,600 (44.97%) allocated to QIB, 3,20,800 (18.00%) allocated to QIB, 2,40,800 (13.51%) allocated to NII, 5,61,600 (31.51%) allocated to RII and 4,80,800 (26.97%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,78,400 (10.01%) |
| QIB Shares Offered | 8,01,600 (44.97%) |
| − Anchor Investor Shares Offered | 4,80,800 (26.97%) |
| − QIB (Ex. Anchor) Shares Offered | 3,20,800 (18.00%) |
| NII (HNI) Shares Offered | 2,40,800 (13.51%) |
| Retail Shares Offered | 5,61,600 (31.51%) |
| Total Shares Offered | 17,82,400 (100.00%) |
Digikore Studios IPO raises ₹8.22 crore from anchor investors. Digikore Studios IPO Anchor bid date is September 22, 2023. Digikore Studios IPO Anchor Investors list
| Bid Date | September 22, 2023 |
| Shares Offered | 4,80,800 |
| Anchor Portion Size (In Cr.) | 8.22 |
| Anchor lock-in period end date for 50% shares (30 Days) | October 29, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | December 28, 2023 |
Digikore Studios IPO opens on September 25, 2023, and closes on September 27, 2023.
| IPO Open Date | Mon, Sep 25, 2023 |
| IPO Close Date | Wed, Sep 27, 2023 |
| Tentative Allotment | Fri, Sep 29, 2023 |
| Initiation of Refunds | Tue, Oct 3, 2023 |
| Credit of Shares to Demat | Tue, Oct 3, 2023 |
| Tentative Listing Date | Wed, Oct 4, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Sep 27, 2023 |
Investors can bid for a minimum of 800 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,36,800 |
| Retail (Max) | 1 | 800 | ₹1,36,800 |
| HNI (Min) | 2 | 1,600 | ₹2,73,600 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2000, 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.
The company recorded Rs. 3555.83 Lacs, Rs. 2488.39 Lacs, and Rs. 615.53 Lacs in Total Revenue in fiscal 2023, 2022, and 2021 respectively.
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 | 30 Jun 2023 |
| Assets | 797.83 | 825.24 | 1,932.41 | 2,518.83 |
| Total Income | 615.53 | 2,488.39 | 3,692.38 | 1,186.49 |
| Profit After Tax | 1.80 | 46.54 | 389.17 | 270.89 |
| Net Worth | 106.94 | 153.48 | 542.66 | 813.30 |
| Reserves and Surplus | -11.46 | 35.08 | 424.26 | 694.30 |
| Total Borrowing | 349.46 | 608.55 | 912.25 |
The market capitalization of Digikore Studios IPO is ₹108.29 Cr.
| KPI | Values |
|---|---|
| ROE | 74.03% |
| ROCE | 92.23% |
| Debt/Equity | 1.03 |
| RoNW | 74.03% |
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
[Dilip Davda] DSL is one of the leading players in the VFX segment with international and domestic services. It has posted steady growth in its top and bottom lines. Based on annualized FY24 earnings, the issue appears reasonably priced. Investors may park funds for short to long-term rewards. Read detail review...
| Listing Date | October 4, 2023 |
| BSE Script Code | |
| NSE Symbol | DIGIKORE |
| ISIN | INE0QJ901011 |
| Final Issue Price | ₹171 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹171.00 |
| Open | ₹270.00 |
| Low | ₹270.00 |
| High | ₹283.50 |
| Last Trade | ₹283.50 |
Digikore Studios Ltd.
C/o Poona Bottling Company Private Limited.,
410/1, 411/2, Mumbai Pune Road,
Dapodi,
Pune, Maharashtra, 411012
Phone: 020-35553555
Email: cs@digikore.com
Website: https://digikorevfx.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: investor@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Digikore Studios IPO is a SME IPO of 17,82,400 equity shares of the face value of ₹10 aggregating up to ₹30.48 Crores. The issue is priced at ₹171 per share. The minimum order quantity is 800.
The IPO opens on September 25, 2023, and closes on September 27, 2023.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Digikore Studios IPO using UPI as a payment gateway. Zerodha customers can apply in Digikore Studios IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Digikore Studios IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Digikore Studios IPO opens on September 25, 2023 and closes on September 27, 2023.
Digikore Studios IPO lot size is 800, and the minimum amount required for application is ₹1,36,800.
You can apply in Digikore Studios IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Digikore Studios IPO will be done on Friday, September 29, 2023, and the allotted shares will be credited to your demat account by Tuesday, October 3, 2023. Check the Digikore Studios IPO allotment status.
The Digikore Studios IPO listing date is on Wednesday, October 4, 2023.
Useful Articles
RHP