Bookbuilding IPO | ₹74 Cr | Listed at NSE SME | Mon, Aug 18, 2025 - Wed, Aug 20, 2025

Studio LSD IPO is a book build issue of ₹74.25 crores. The issue is a combination of fresh issue of 1.10 crore shares aggregating to ₹59.40 crores and offer for sale of 0.28 crore shares aggregating to ₹14.85 crores.
Studio LSD IPO bidding started from Aug 18, 2025 and ended on Aug 20, 2025. The allotment for Studio LSD IPO was finalized on Aug 21, 2025. The shares got listed on NSE SME on Aug 25, 2025.
Studio LSD IPO price band is set at ₹54 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹2,16,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,24,000.
Corpwis Advisors 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 Rikhav Securities Ltd..
Refer to Studio LSD IPO RHP for detailed Information.
IPO Open
Mon, Aug 18, 2025
IPO Close
Wed, Aug 20, 2025
Issue Price
₹54 per share
Market Cap (Pre-IPO)
₹280.22 Cr
| IPO Date | 18 to 20 Aug, 2025 |
| Listed on | Mon, Aug 25, 2025 |
| Face Value | ₹2 per share |
| Price Band | ₹51 to ₹54 |
| Issue Price | ₹54 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 1,37,50,000 shares (agg. up to ₹74 Cr) |
| Reserved for Market Maker | 6,88,000 shares Rikhav Securities Ltd. (agg. up to ₹4 Cr) |
| Fresh Issue (Ex Market Maker) | 1,03,12,000 shares (agg. up to ₹56 Cr) |
| Offer for Sale | 27,50,000 shares of ₹2 (agg. up to ₹15 Cr) |
| Net Offered to Public | 1,30,62,000 shares (agg. up to ₹71 Cr) |
| Share Holding Pre Issue | 4,08,91,755 shares |
| Share Holding Post Issue | 5,18,91,755 shares |
| NSE Symbol | STUDIOLSD |
| ISIN | INE17VO01028 |
Studio LSD IPO comprises a total issue size of 1,37,50,000 shares. The net offer to the public is 1,30,62,000 shares, after excluding 6,88,000 shares allotted on a firm basis. Of the Net offer 1,32,000 (1.01%) are allocated to QIB, 51,72,000 (39.60%) allocated to NII 77,58,000 (59.39%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 1,32,000 | 1.01% | 0.96% |
| NII (HNI) Shares Offered | 51,72,000 | 39.60% | 37.61% |
| − bNII > ₹10L | 34,48,000 | 25.08% | |
| − sNII < ₹10L | 17,24,000 | 12.54% | |
| Retail Shares Offered | 77,58,000 | 59.39% | 56.42% |
| Firm Reservations | |||
| Market Maker Shares Offered | 6,88,000 | 5.00% | |
| Total Shares Offered | 1,37,50,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,16,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,16,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,24,000 |
| S-HNI (Max) | 9 | 18,000 | ₹9,72,000 |
| B-HNI (Min) | 10 | 20,000 | ₹10,80,000 |
Incorporated in February 2017, Studio LSD Limited is a multimedia production house specializing in original content for television and OTT platforms, known for innovative storytelling and high-quality, genre-defining shows across India, focusing on captivating digital series with a strong creative vision.
The company engages in all aspects of content creation, including idea development, distribution, project financing, hiring actors and crew, scouting locations, building sets, managing budgets, and overseeing production and post-production.
The company creates content for television and OTT platforms.
The company's services include the following
As of January 31 2025, the company has 16 department employees.
Competitive Strength
Studio LSD Ltd.'s revenue increased by 2% and profit after tax (PAT) rose by 7% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 46.67 | 36.49 | 18.16 |
| Total Income | 105.01 | 102.49 | 46.71 |
| Profit After Tax | 11.67 | 10.90 | 2.79 |
| EBITDA | 15.51 | 14.82 | 3.74 |
| NET Worth | 27.54 | 15.87 | 4.96 |
| Reserves and Surplus | 19.36 | 15.86 | 4.95 |
| Total Borrowing | 0.00 | 0.00 | 0.06 |
| 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 | 18.00 |
| 2 | Working Capital Requirement | 27.40 |
| 3 | General Corporate Purposes | 8.50 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 53.78% |
| ROCE | 57.29% |
| RoNW | 53.78% |
| PAT Margin | 11.17% |
| EBITDA Margin | 14.85% |
| Price to Book Value | 8.02 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 2.85 | 2.25 |
| P/E (x) | 18.92 | 24.01 |
| Promoter Holding | 100% | 73.5% |
| Market Cap | ₹280.22 Cr. |
The Studio LSD IPO is subscribed 2.35 times on August 19, 2025 6:55:00 PM (Day 2). The public issue subscribed 3.26 times in the individual investors category, 1.00 times in the QIB category, and 1.02 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1.00 | 1,32,000 | 1,32,000 | 1 |
| NII* | 1.02 | 51,72,000 | 52,68,000 | 391 |
| bNII (bids above ₹10L) | 0.84 | 34,48,000 | 28,82,000 | |
| sNII (bids below ₹10L) | 1.38 | 17,24,000 | 23,86,000 | |
| Individual Investors | 3.26 | 77,58,000 | 2,53,04,000 | 6,326 |
| Total | 2.35 | 1,30,62,000 | 3,07,04,000 | 6,718 |
Total Application : 6,718
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the LMs (including mandatory underwriting, commission, brokerage and selling commission, as applicable) | 0.77 |
| 2 | Fee Payable to the Underwriter to the Offer | 3.71 |
| 3 | Fee Payable to the Market Maker to the Offer | 0.11 |
| 4 | Fees payable to the Registrar to the Offer | 0.01 |
| 5 | Fees payable to the legal advisors to the Offer | 0.02 |
| 6 | Fees payable to the Monitoring Agency to the Offer | 0.05 |
| 7 | Advertising and marketing expenses | 1.87 |
| 8 | Listing fees, upload fees, NSE processing fees, book building software fees and other regulatory expenses | 0.19 |
| 9 | Printing and stationery | 0.01 |
| 10 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the offer. Brokerage and selling commission and bidding charges or Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.01 |
| 11 | Others: a. Fee payable to Professionals and Experts in relation to the Offer | 0.09 |
| 12 | Miscellaneous | 0.04 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹54.00 |
| Open | ₹43.20 |
| Low | ₹41.05 |
| High | ₹43.20 |
| Last Trade | ₹41.05 |
Purva Sharegistry (India) Pvt.Ltd.
Lead Manager Reports
Studio LSD IPO is a SME IPO of 1,37,50,000 equity shares of the face value of ₹2 aggregating up to ₹74 Crores. The issue is priced at ₹54 per share. The minimum order quantity is 2000.
The IPO opens on Mon, Aug 18, 2025, and closes on Wed, Aug 20, 2025.
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 Studio LSD IPO using UPI as a payment gateway. Zerodha customers can apply in Studio LSD IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Studio LSD IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Studio LSD IPO opens on Mon, Aug 18, 2025 and closes on Wed, Aug 20, 2025.
Studio LSD IPO lot size is 2000, and the minimum amount required for application is ₹2,16,000, with 2 lots being the minimum application size.
You can apply in Studio LSD 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 Studio LSD IPO will be done on Thursday, August 21, 2025, and the allotted shares will be credited to your demat account by Fri, Aug 22, 2025. Check the Studio LSD IPO allotment status.
The Studio LSD IPO listing date is on Mon, Aug 25, 2025.