Identical Brains Studios IPO opened for subscription on December 18, 2024, and ended on December 20, 2024.
It was a book-built issue of ₹19.95 crore. The issue was a fresh issue of 36.94 lakh shares. The Identical Brains Studios IPO price band was set at ₹51 to ₹54 per share.
On Day 3 of subscription, December 20, as of 6:20 PM, Identical Brains Studios IPO was subscribed 544.28 times. QIBs subscribed 187.36x, NIIs subscribed 1,020.2x, and retail investors subscribed 544.28x.
The share allotment was finalised on December 23, 2024, and the shares were listed on NSE SME on December 26, 2024.
On the listing day, on the NSE, Identical Brain Studios share price opened at ₹95.00, up from its issue price of ₹54.00. At 10:18 AM, the share price was trading at ₹99.75, up by 5% from its opening price of ₹95.00. As of the same time, the stock touched its day’s high at ₹99.75. The company’s market cap was ₹139.91 crore.
Identical Brains Studios Ltd was incorporated in 2019. The company offers visual effect services, films, video production, and distribution services.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
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