Digikore Studios IPO Details ( Digikore Studios Limited IPO Review )
(25 Sep 2023 – 27 Sep 2023)
Digikore Studios Limited was founded in the year 2000, and it’s a studio specializing in visual effects services.
They provide Visual Effects (VFX) services for a variety of projects, including films, web series, TV shows, documentaries, and commercials. Some of their notable works include movies like Thor: Love and Thunder, Black Panther: Wakanda Forever, Glass Onion: A Knives Out Mystery, Deadpool, Star Trek, Jumanji, as well as popular TV series like Stranger Things, The Last Ship, and classics like Titanic. They’ve also worked on movies like Ghost Rider: Spirit of Vengeance, Transformers: Age of Extinction, and Crouching Tiger, Hidden Dragon: Sword of Destiny, among others.
Digikore Studios primarily serves clients in India, Australia, New Zealand, the United States, and European markets.
In terms of their financial performance, they reported total revenues of Rs. 3555.83 Lacs, Rs. 2488.39 Lacs, and Rs. 615.53 Lacs for the fiscal years 2023, 2022, and 2021, respectively.
Digikore Studios Limited IPO Competitive Strength
- Enhance customer base by entering new geographies
- Leveraging our market skills and relationships
- Focus on quality
Digikore Studios IPO Financials Performance ( Results )
Digikore Studios Limited Financial Information (Restated Consolidated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 797.83 | 615.53 | 1.80 | 0.15 | 106.94 | -11.46 | |
| 31-Mar-22 | 825.24 | 2,488.39 | 46.54 | 3.93 | 153.48 | 35.08 | 349.46 |
| 31-Mar-23 | 1,932.41 | 3,692.38 | 389.17 | 36.95 | 542.66 | 424.26 | 608.55 |
| 30-Jun-23 | 2,518.83 | 1,186.49 | 270.89 | 23.62 | 813.30 | 694.30 | 912.25 |
Objective of IPO Issue
- Funding Working Capital requirements
- General Corporate Purposes
- Offer Expenses
Digikore Studios IPO Basic Details
| IPO Date | Sep 25, 2023 to Sep 27, 2023 |
| Listing Date | Tuesday, September , 2023 |
| Face Value | ₹10 per share |
| Price | ₹168 to ₹171 per share |
| Lot Size | 800 Shares |
| Issue Size | 1,782,400 shares of ₹10 (aggregating up to ₹30.48 Cr) |
| Fresh Issue | 1,260,800 shares of ₹10 (aggregating up to ₹21.56 Cr) |
| Offer for Sale | 521,600 shares of ₹10 (aggregating up to ₹8.92 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 5,072,000 |
| Share holding post issue | 6,332,800 |
| Company Promoters | Mr. Abhishek Rameshkumar More and M/s. Shree M P J Cement Works LLP |
Digikore Studios IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
Digikore IPO Timetable
Digikore IPO will open on September 25, 2023 and close on September 27, 2023. You can join Digikore IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 25 September 2023 (Monday) |
| Closing Date | 27 September 2023 (Wednesday) |
| Basis of Allotment | 29 September 2023 (Friday) |
| Initiation of Refunds | 3 October 2023 (Tuesday) |
| Credit of Shares to Demat | 3 October 2023 (Tuesday) |
| Listing Date | 4 October 2023 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 27 September 2023 |
Digikore IPO Lot Size
For retail investors in Digikore IPO, 800 shares will come in 1 lot or the minimum investment will be ₹136,800. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹136,800.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 800 | ₹136,800 |
| Retail (Max) | 1 | 800 | ₹136,800 |
| S-HNI (Min) | 2 | 1600 | ₹273,600 |
Digikore Studios IPO Promoter Holding
The company’s promoters include Mr. Abhishek Rameshkumar More and M/s. Shree M P J Cement Works LLP.
| Pre Issue Share Holding | 93.38% |
| Post Issue Share Holding | 66.55% |
Digikore Studios Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 108.29 |
| Earning Per Share (EPS) | ₹36.95 per Equity Share |
| Net Asset Value (NAV) | ₹49.91 per Equity Share |
| P/E Ratio (P/E) (x) | 4.63 |
| Post P/E Ratio (P/E) (x) | 9.99 |
| Return on Net Worth (RoNW) (%) | 74.03 |
| Return on equity (ROE) (%) | 74.03 |
| Return on Capital Employed (ROCE) (%) | 92.23 |
| Debt/Equity Ratio | 1.03 |
Digikore Studios Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio |
| Digikore Studios Limited | Standalone | 171 | 10 | 36.95 | 9.99 |
| Peer Group | |||||
| Phantom Digital Effects Limited | Standalone | 487 | 10 | 15.97 | 33.25 |
| Prime Focus Limited | Standalone | 81.05 | 1 | -0.82 | -106.95 |
Digikore Studios IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 26 September 2023 | ₹120 | – | – |
| 25 September 2023 | ₹130 | – | – |
| 24 September 2023 | ₹140 | – | – |
| 23 September 2023 | ₹140 | – | – |
| 22 September 2023 | ₹130 | – | – |
Digikore Studios IPO Detail Video:
Digikore Studios IPO Subscription Status (Bidding Detail)
The Digikore Studios IPO on September 27, 2023 at 7:30:00 PM was subscribed 281.58 times, with the retail category being subscribed 370.17 times, the NII (Non-Institutional Investor) category being subscribed 362.65 times, QIB (Qualified-Institutional Buyers) category being subscribed 65.63 times.
| Category | Subscription |
| QIB | 65.63x |
| NII | 362.65x |
| Retail | 370.17x |
| Total | 281.58x |
Digikore Studios IPO Prospectus
| Digikore Studios IPO DRHP | Download |
| Digikore Studios IPO RHP | Download |
| Digikore Studios IPO Anchor Investors Details PDF | Download |
Digikore Studios IPO Rating
| Our Rating | 4.0/5.0 |
Digikore Studios Company Contact Information
Digikore Studios Limited
Registered Office: C/o Poona Bottling Company Private Limited,
410/1, 411/2, Mumbai Pune Road, Dapodi, Pune-411012
Corporate Office: Lalwani Tirumph, Sakore Nagar, Viman Nagar,
Pune-411014
Tel. No: 020-35553555
E-mail: cs@digikore.com
Website: www.digikorevfx.com
Contact Person: Mrs. Heny Pahuja
The Promoters of Our Company Are Mr. Abhishek Rameshkumar More and
M/s Shree M P J Cement Works Llp
Digikore Studios IPO Registrar
Bigshare Services Private Limited
CIN: U99999MH1994PTC076534
Registered Office: Office No S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri (East), Mumbai – 400093
Tel. No.: +91 22 6263 8200
Email: ipo@bigshareonline.com
Investor Grievance E-Mail: investor@bigshareonline.com
Contact Person: Mr. Babu Raphael C.
SEBI Registration No.: INR000001385
Website: www.bigshareonline.com
Digikore Studios IPO Lead Manager
Sarthi Capital Advisors Private Limited
CIN: U65190DL2012PTC238100
Registered Office: 401, 4thFloor, Manek Plaza, 167, Vidyanagari Marg, Kalina,
Santacruz (E), Mumbai – 400 098
Tel No.: +91 22 2652 8671/ 72
Email Id: compliance@sarthiwm.in
Website: www.sarthiwm.in
Contact Person: Mr. Taher Engineer
SEBI Registration No.: INM000012011
Digikore Studios IPO FAQs
What is the lot size of Digikore Studios IPO?
The total size of Digikore Studios IPO is ₹30.48 crores out of which ₹21.56 crores is fresh issue and ₹8.92 crores is offer for sale (OFS).
When will Digikore Studios IPO start?
Digikore Studios IPO will open from 25 September 2023 and IPO will close on 27 September 2023.
What is the open date of Digikore Studios IPO?
Digikore Studios IPO will open date from 25 September 2023.
What is the last date ( close date ) of Digikore Studios IPO?
Digikore Studios IPO will close from 27 September 2023.
What is the price band of Digikore Studios IPO?
Digikore Studios IPO price band is ₹168 to ₹171. ( Upper Price Band: ₹171, Lower Price Band: ₹168 )
What is the minimum amount required to apply for Digikore Studios IPO?
The minimum investment for retailers to apply for Digikore Studios IPO is ₹136,800 and the maximum investment is ₹136,800.
What is going on gray market premium of Digikore Studios IPO?
View gray market premium of Digikore Studios IPO by Clicking Here
How much is the GMP of Digikore Studios IPO?
Watch Digikore Studios IPO GMP Today: Click Here
What is the allotment date of Digikore Studios IPO?
The allotment date of Digikore Studios IPO is 29 September 2023.
How to check allotment status in Digikore Studios IPO?
To check the allotment status of Digikore Studios IPO, first of all go to the registrar website by clicking here, select your bad Digikore Studios IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Digikore Studios IPO?
The listing date of Digikore Studios IPO is 4 October 2023.
How much will be the listing gain in Digikore Studios IPO?
View listing gain of Digikore Studios IPO by Clicking Here
How much time Digikore Studios IPO is subscribed?
Total 281.58 times subscribed in Digikore Studios IPO out of which 370.17 times subscription was done in retail quota, 362.65 times subscription in NII quota and 65.63 times subscription in QIB quota.
How to apply for Digikore Studios IPO from Upstox?
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How to apply for Digikore Studios IPO from Zerodha?
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How to apply for Digikore Studios IPO from Angle One?
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