Sunday, June 15, 2025

Digikore Studios’ IPO to Open on September 25 on NSE EMERGE

Digikore Studios Limited (Digikore), a renowned visual effects (VFX) studio in India, is set to launch its Initial Public Offering (IPO) on NSE EMERGE. The IPO, scheduled to open on Monday, September 25, 2023, and close on Wednesday, September 27, 2023, will offer investors an opportunity to be part of Digikore’s future story.

The IPO comprises a total of 17,82,400 equity shares, including a fresh issue of 12,60,800
equity shares and an Offer for Sale (OFS) of 5,21,600 equity shares. The price band for the
IPO has been fixed at Rs. 168 to Rs. 171 per equity share. The minimum bid lot for investors is set at 800 shares. Application for one lot will be part of Retail Allocation Sarthi Capital Advisors Private Limited, a leading financial advisory firm, has been entrusted with the role of the Book Running Lead Manager for this offering. In addition, Bigshare Services Private Limited will act as the Registrar to the Offer, ensuring a seamless process for all stakeholders.

Digikore Studios has displayed robust financial performance in recent years. In the fiscal
year 2022-23, the company reported a significant increase in revenue, reaching Rs. 35.56
crores, compared to Rs. 24.88 crores in the previous fiscal year. The net profit for the same
period surged to Rs. 4.37 crores, a substantial increase from Rs. 46.54 lakhs in FY22. For the quarter ending June 2023, the company recorded revenue of Rs. 11.83 crores, accompanied by a net profit of Rs. 2.80 crores.

Pre-IPO investors have demonstrated unwavering confidence in Digikore’s growth potential.
The company successfully concluded a pre-IPO funding round, attracting investments from
prominent industry stalwarts. Notable investors include Nikhil Vora, Vijay Khetan, Mrinal
Singh, Pramod Kasat, and more, who have recognized the immense value in Digikore’s
innovative contributions to the world of Animation and Visual Effects (VFX).

Established in 2000 by Mr. Abhishek Rameshkumar More, Digikore has made a lasting impact on the global entertainment industry. The studio boasts an extensive portfolio of
collaborations with numerous blockbuster Films and TV Series. Some of their notable works
include projects like **”Thor: Love and Thunder,” “Black Panther: Wakanda Forever,” “Glass
Onion: A Knives Out Mystery,” “Deadpool,” “Star Trek,” “Jumanji,” “Stranger Things,” “The
Last Ship,” “Titanic,” “Ghost Rider: Spirit of Vengeance,” “Transformers: Age of Extinction,”
“Crouching Tiger, Hidden Dragon: Sword of Destiny,” and many other prestigious productions.

This IPO marks a significant milestone for Digikore as it opens up new avenues for growth
and expansion. With its proven track record and a promising future ahead, Digikore Studios
Limited invites investors to join hands in shaping the future of visual storytelling and
innovation.

Recent Articles

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Stay on op - Ge the daily news in your inbox