Bookbuilding IPO | ₹29 Cr | Listed at NSE SME | Wed, Oct 12, 2022 - Fri, Oct 14, 2022
Phantom Digital Effects IPO is a book build issue of ₹29.10 crores. The issue is a combination of fresh issue of 0.26 crore shares aggregating to ₹25.08 crores and offer for sale of 0.04 crore shares aggregating to ₹4.02 crores.
Phantom Digital Effects IPO bidding started from Oct 12, 2022 and ended on Oct 14, 2022. The allotment for Phantom Digital Effects IPO was finalized on Oct 19, 2022. The shares got listed on NSE SME on Oct 21, 2022.
Phantom Digital Effects IPO price band is set at ₹95 per share. The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,14,000 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,28,000.
Corporate Capitalventures Pvt.Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is SS Corporate Securities Ltd..
Refer to Phantom Digital Effects IPO RHP for detailed Information.
IPO Open
Wed, Oct 12, 2022
IPO Close
Fri, Oct 14, 2022
Issue Price
₹95 per share
Market Cap (Pre-IPO)
₹110.58 Cr
| IPO Date | 12 to 14 Oct, 2022 |
| Listed on | Fri, Oct 21, 2022 |
| Face Value | ₹10 per share |
| Price Band | ₹91 to ₹95 |
| Issue Price | ₹95 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 30,63,600 shares (agg. up to ₹29 Cr) |
| Reserved for Market Maker | 1,53,600 shares SS Corporate Securities Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 24,86,400 shares (agg. up to ₹24 Cr) |
| Offer for Sale | 4,23,600 shares of ₹10 (agg. up to ₹4 Cr) |
| Net Offered to Public | 29,10,000 shares (agg. up to ₹28 Cr) |
| Share Holding Pre Issue | 90,00,000 shares |
| Share Holding Post Issue | 1,16,40,000 shares |
| NSE Symbol | PHANTOMFX |
| ISIN | INE0MLZ01019 |
Phantom Digital Effects IPO comprises a total issue size of 30,63,600 shares. The net offer to the public is 29,10,000 shares, after excluding 1,53,600 shares allotted on a firm basis. Of the Net offer 14,42,400 (49.57%) are allocated to QIB, 4,39,200 (15.09%) allocated to NII 10,28,400 (35.34%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 14,42,400 | 49.57% | 47.08% |
| − Anchor Investor Shares Offered | 8,65,200 | 28.24% | |
| − QIB (Ex. Anchor) Shares Offered | 5,77,200 | 18.84% | |
| NII (HNI) Shares Offered | 4,39,200 | 15.09% | 14.34% |
| Retail Shares Offered | 10,28,400 | 35.34% | 33.57% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,53,600 | 5.01% | |
| Total Shares Offered | 30,63,600 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,14,000 |
| Retail (Max) | 1 | 1,200 | ₹1,14,000 |
| HNI (Min) | 2 | 2,400 | ₹2,28,000 |
Phantom Digital Effects IPO raises ₹8.22 crore from anchor investors. Phantom Digital Effects IPO Anchor bid date is October 11, 2022.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, Oct 11, 2022 |
| Shares Offered | 8,65,200 |
| Anchor Portion (₹ Cr.) | 8.22 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Nov 18, 2022 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Jan 17, 2023 |
Incorporated in 2016, Phantom Digital Effects Limited is a Certified Trusted Partner Network (TPN) company, full-fledged creative VFX studio, based in India with offices operating in US and Canada. As a TPN Certified studio, PhantomFX offers a wide range of VFX services. The company's specializations include: Completing a Shot with final compositing, Creating 3D elements, photoreal creatures, and environments, Rig/Wire removal, paint cleanup, rotoscopy, 3D matchmove, 3D animation (storyboard, animation), Pre-visualization Game cinematics, Fire / water Fx and other natural phenomena 3D ride animation.
Phantom Digital Effects provide high-end visual effects solutions for commercials, feature films, and Web series globally. The company has two studios located in Mumbai and Chennai.
Competitive Strength:
| Period Ended | 30 Jun 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 21.08 | 14.91 | 7.32 | 5.37 |
| Total Income | 12.35 | 22.37 | 7.15 | 13.27 |
| Profit After Tax | 4.11 | 4.90 | 0.08 | 0.11 |
| NET Worth | 9.37 | 5.26 | 0.35 | 0.32 |
| Reserves and Surplus | 9.36 | 5.25 | 0.34 | 0.27 |
| Total Borrowing | 2.77 | 2.52 | 3.85 | 2.99 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for Setting up of Studios | 17.37 |
| 2 | General Corporate Expenses | 6.92 |
| KPI | |
|---|---|
| RoNW | 93.28 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.45 | |
| P/E (x) | 6.72 | |
| Promoter Holding | 87.38% | 63.92% |
| Market Cap | ₹110.58 Cr. |
The Phantom Digital Effects IPO is subscribed 164.22 times on October 14, 2022 7:00:00 PM (Day 3). The public issue subscribed 207.08 times in the retail category, 14.75 times in the QIB category, and 554.76 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 14.75 | 14,42,400 | 2,12,73,600 |
| NII* | 554.76 | 4,39,200 | 24,36,51,600 |
| Retail | 207.08 | 10,28,400 | 21,29,56,800 |
| Total | 164.22 | 29,10,000 | 47,78,82,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager fees, Advisors and commissions (including any underwriting commission, brokerage and selling commission) | 0.33 |
| 2 | Advertising and marketing expenses | 0.06 |
| 3 | Fees payable to Registrar to the Issue | 0.01 |
| 4 | Brokerage and selling commission payable to SCSBs, Registered Brokers, RTAs and CDPs, as applicable | 0.01 |
| 5 | Processing fees to the SCSBs and to the Sponsor Banks for ASBA Forms procured by Registered Brokers, RTAs or CDPs | 0.04 |
| 6 | Printing and distribution of issue stationery | 0.06 |
| 7 | Listing fees | 0.01 |
| 8 | NSE processing fees | 0.00 |
| 9 | Book Building software fees | 0.04 |
| 10 | Other regulatory expenses | |
| 11 | Fees payable to legal counsel | 0.01 |
| 12 | Miscellaneous | 0.30 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹95.00 |
| Open | ₹300.00 |
| Low | ₹290.05 |
| High | ₹315.00 |
| Last Trade | ₹312.70 |
Purva Sharegistry (India) Pvt.Ltd.
Lead Manager Reports
Phantom Digital Effects IPO is a SME IPO of 30,63,600 equity shares of the face value of ₹10 aggregating up to ₹29 Crores. The issue is priced at ₹95 per share. The minimum order quantity is 1200.
The IPO opens on Wed, Oct 12, 2022, and closes on Fri, Oct 14, 2022.
Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Phantom Digital Effects IPO using UPI as a payment gateway. Zerodha customers can apply in Phantom Digital Effects IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Phantom Digital Effects IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Phantom Digital Effects IPO opens on Wed, Oct 12, 2022 and closes on Fri, Oct 14, 2022.
Phantom Digital Effects IPO lot size is 1200, and the minimum amount required for application is ₹1,14,000.
You can apply in Phantom Digital Effects 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 Phantom Digital Effects IPO will be done on Wednesday, October 19, 2022, and the allotted shares will be credited to your demat account by Fri, Oct 21, 2022. Check the Phantom Digital Effects IPO allotment status.
The Phantom Digital Effects IPO listing date is on Fri, Oct 21, 2022.
