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Picturepost Studios Ltd

Registered Office : 701,7th Flr Sapphire Building,Jun. SV Rd & 1st Rd Khar (W),Mumbai Maharashtra 400052 Phone : +91 97691 99410
Fax :

Email : investors@picturepoststudio.com

Website : www.picturepoststudio.com

Initial public offer of 78,00,000 equity shares of face value of Re. 1/- each (the "Equity Shares") of Picturepost Studios Limited ("The Company" or "Picturepost Studios" or "PPSL" or "The Issuer") for cash at a price of Rs. 24/- per equity share including a share premium of Rs. 23/- per equity share (the "Issue Price") aggregating to Rs. 18.72 crores ("The Issue"), of which 3,96,000 equity shares of face value of Re. 1/- each for cash at a price of Rs. 24/- per equity share including a share premium of Rs. 23/- per equity share aggregating to Rs. 0.95 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 74,04,000 equity shares of face value of Re. 1/- each at a price of Rs. 24/- per equity share including a share premium of Rs. 23/- per equity share aggregating to Rs. 17.77 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.62 % and 25.27 % respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Re. 1/- each. The issue price is 24/- times the face value of the equity shares.

Issue

Opens On

Closes On

02-Aug-2024

06-Aug-2024

Money Payable On

Application

Allotment

24.00

0.00

Minimum Application for shares in Nos : 6000.0 Further Multiples of : 6000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

16.54

18.72

2.93

24.00

Shreni Shares Ltd

Projects

Funding of capital expenditure requirements of the company towards purchase of equipment and software

Repayment/prepayment of all or certain of its borrowings availed by the company

General corporate purposes

Promoted By

Parish Tekriwal

Shailendra Ishwardas Chandgoti

Pooja Shailendra Chandgothia

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd