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
Money Payable On
Opens On
Closes On
Application
Allotment
02-Aug-2024
06-Aug-2024
₹ 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
16.54
Shreni Shares Ltd
Project Financed through Current Offer
18.72
Post Issue Equity Share Capital
2.93
Issue Price
₹24.00
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