Phantom Digital Effects was incorporated on February 2, 2016. The company has a full-fledged creative VFX studio, based in India, with offices operating in US and Canada. It is a certified trusted partner network company.
| Bidding Dates |
|---|
| 12 Oct 2022 - 14 Oct 2022 |
| Subscription |
|---|
| 164.21x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,14,000 | 1 | 1 | 1200 | 3.1 M | ₹91 - ₹95 | 73.68 % | ₹278.8 M - ₹291.0 M | RHP DOC |
Phantom Digital IPO SUBSCRIPTION STATUS
14 Oct '22Phantom Digital IPO overall subscription rate was 164.21 times the total available shares
Phantom Digital IPO retail subscription rate was 207.03 times in the retail segment
Phantom Digital IPO non-institutional investor subscription rate was 554.76 times in the non-institutional investor category
Phantom Digital IPO Qualified Institutional Bidder subscription rate was 14.75 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
14 Oct 2022 (Day 3) | 207.03x | 554.76x | 14.75x |
13 Oct 2022 (Day 2) | 37.87x | 25.45x | 0.55x |
12 Oct 2022 (Day 1) | 7.6x | 1.68x | 0x |
Phantom Digital FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) |
| Q1FY23 | 41.1 | 121.9 | 2.3 | -7.6 |
| FY22 | 49.0 | 223.3 | 21.2 | 18.3 |
| FY21 | 0.8 | 67.6 | -6.3 | -6.8 |
| FY20 | 1.1 | 129.4 | 18.4 | 15.6 |
Phantom Digital IPO SUBSCRIPTION STATUS DETAILS
Phantom Digital had 3.1 M shares on offer
Phantom Digital IPO offer price was in the range ₹91 - ₹95
Phantom Digital IPO minimum Investment was ₹114000
Phantom Digital IPO issue size was ₹ 278.8 M - ₹ 291.0 M
Phantom Digital had a minimum lot size of 1200 Shares per application
Phantom Digital NUMBER OF SHARES ON OFFER
Phantom Digital IPO IMPORTANT DATES
| Issue Open Date | 12 Oct 2022 |
| Issue close Date | 14 Oct 2022 |
| Allotment Date | 19 Oct 2022 |
| Refund Date | 20 Oct 2022 |
| Demat Account Credit Date | 21 Oct 2022 |
| Listing Date | 21 Oct 2022 |
| Listing on Exchange(s) | NSE |
| Phantom Digital Allotment Status | Exchange |
Phantom Digital IPO subscription opened on 12 Oct 2022, and closed on 14 Oct 2022
IPO allotment for Phantom Digital was finalized on Wednesday, 19 Oct 2022
IPO listing for Phantom Digital was on NSE on Friday, 21 Oct 2022
Phantom Digital IPO LISTING GAINS
| Issue Price (adjusted) | 95.0 |
| Listing Open Price | 300.0 |
| Listing Close Price | 312.7 |
| Listing Gain% | 215.8% |
| Current Gain% | 63.3% |
Phantom Digital Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Digital Effects Ltd. | 155.2 | 180.6 | 12.2 | -0.3 | 1.8 | 12.2 | 8.9 | 100.7 | 11.4 | 20.2 | -16.2 | 12.7 | -38.7 |
| Prime Focus Ltd. | 287.6 | 22397.5 | 148.4 | 0.8 | 4.6 | 14.4 | 2.8 | 4783.4 | 25 | 301.4 | 179.9 | 1.9 | 177 |
| PVR INOX Ltd. | 1156 | 11351.9 | 25.5 | 0.1 | 1.7 | 4.5 | 2.1 | 6903.9 | 16 | 333.6 | 219.3 | 45.3 | 387 |
| Saregama India Ltd. | 519.2 | 10010.7 | 45.4 | 5.5 | 9.6 | 12.2 | 8.9 | 1026.9 | -16.5 | 207.1 | 1.4 | 11.4 | 8.2 |
| Tips Music Ltd. | 645.4 | 8249.6 | 38.4 | 1.4 | 20.9 | 83.4 | 59.9 | 394.3 | 19.6 | 216.7 | 30.1 | 16.8 | 27.1 |
| Panorama Studios International Ltd. | 48.3 | 1198.2 | 86.1 | -1.3 | 3.9 | 4.5 | 1.2 | 317.4 | -13.9 | 10 | -76.2 | 0.6 | -66 |
Phantom Digital INFORMATION ON IPO ISSUE
About Phantom Digital
Phantom Digital Effects was incorporated on February 2, 2016. The company has a full-fledged creative VFX studio, based in India, with offices operating in US and Canada. It is a certified trusted partner network company.
Object of the Issue
- Capital expenditure for setting up of studios
- General corporate expenses
Phantom Digital - PROMOTERS
| Name |
|---|
| Bejoy Arputharaj Sam Manohar |
Phantom Digital Lead Manager to the Issue
Corporate Capital Ventures Private Limited
smeipo@ccvindia.com
Phantom Digital Registrar to the issue
Purva Sharegistry (India) Private Limited
support@purvashare.com
Phantom Digital Strengths
Well equipped with advanced technology
The company is well equipped with all the advanced equipment needed in the industry and it gives the company an edge over its competitors
Experienced promoters
The promoters have significant industry experience and have been instrumental in the consistent growth of the company
Marquee clientele
The company has worked with a large number of marquee clients which includes KJR Studios, DRP-Gunaa Teamworks, Zoic INC, RaajKamal Film International, Retrophiles Private, etc.
Phantom Digital Risks
Constantly evolving market
The company operates in the constantly evolving VFX market, which is subject to rapidly changing clients' behaviour and tastes. It also depends on audience acceptance of content for which the company provides VFX services
Delayed filing
The company in the past has delayed filing certain statutory forms under the Companies Act and such delay may attract penalties
Negative cash flows
The company has reported certain negative cash flows from its operating activity, investing activity and financing activity
IPO FAQs
This IPO consists of an offer for sale of up to Rs 4.0 crore, of 423,600 shares. It also consists of a fresh issue of Rs 25.1 crore.
The promoter of the company is Bejoy Arputharaj Sam Manohar.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 91.0 - 95.0.
The IPO application opens on Oct 12, 2022 and closes on Oct 14, 2022.
The minimum lot size for the IPO is 1200. The maximum lot size for the IPO is 1200.
For all category investors, the minimum application amount for this IPO is Rs. 114,000.0, the maximum value for this IPO is Rs 114,000.0.
This IPO will be allotted on Oct 19, 2022.
The refund will be credited to your account on Oct 20, 2022.
The allotted shares will be credited to your demat on Oct 21, 2022.
Phantom Digital Effects Ltd.’s shares listed on the stock exchanges on Oct 21, 2022.