The Digikore Studios IPO is a book-built offering for Rs 30.48 crores. The offering consists of a fresh issue of 12.61 lakh shares worth Rs 21.56 crores and an offer for sale of 5.22 lakh shares worth Rs 8.92 crores.
The Digikore Studios IPO goes on sale on September 25, 2023, and closes on September 27, 2023. The Digikore Studios IPO allotment is planned to be completed on Friday, September 29, 2023. Digikore Studios’ initial public offering (IPO) will be listed on the NSE SME on Wednesday, October 4, 2023.
The IPO price range for Digikore Studios is set at 168 to 171 per share. An application requires a minimum lot size of 800 Shares. Retail investors must make a minimum investment of $136,800. For HNI, the minimum lot size investment is two lots (1,600 shares), totaling $273,600.
Digikore Studios IPO Details
| IPO Date | September 25, 2023 to September 27, 2023 |
| Listing Date | [.] |
| Face Value | Rs 10 per share |
| Price Band | Rs 168 to Rs 171 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 1,782,400 shares (aggregating up to Rs 30.48 Cr) |
| Fresh Issue | 1,260,800 shares (aggregating up to Rs 21.56 Cr) |
| Offer for Sale | 521,600 shares of Rs 10 (aggregating up to Rs 8.92 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 5,072,000 |
| Share holding post issue | 6,332,800 |
| Market Maker portion | 178,400 shares |
Digikore Studios IPO Timeline
| IPO Open Date | Monday, September 25, 2023 |
| IPO Close Date | Wednesday, September 27, 2023 |
| Basis of Allotment | Friday, September 29, 2023 |
| Initiation of Refunds | Tuesday, October 3, 2023 |
| Credit of Shares to Demat | Tuesday, October 3, 2023 |
| Listing Date | Wednesday, October 4, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 27, 2023 |
Digikore Studios IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | Rs 136,800 |
| Retail (Max) | 1 | 800 | Rs 136,800 |
| HNI (Min) | 2 | 1,600 | Rs 273,600 |
