Picture Post Studios Limited IPO Message Board (Page 2)

Applied 15/15/1/1/1/1/1

Big zero again..ROI is taking a big hit ..

Applied 6 retail application

0/6 no allotment

Applied retail aplications....

7/4/4/1/1

Applied 8lot n 4lot app 🤞🤞 any of our member there 🙏

Big 0 🙏 it did not take good photo so i did not book them 🤣🤣

Applying 7 lot applications. Please join

Applied 4 retail applications

Applying 5lot / 6 application
Please join

Small issue size, but the number of shares are huge as face value per share is unusually 1 instead of 10. Co. needs to work going ahead to raise funds.

LM/MM has a decent record. Listing of Utssav should give insights how well they can manage listing in difficult times.

Promoter has good background and industry experience and already has managed other businesses.

They have certifications from US for Trusted Network so that will help their export revenues going ahead. In VFX, OTT sector in local markets they have done their work with some of the known titles like Half CA, Dry Day, Chote Miyan Bade Miyan movie, Panchayat 3, some adverts for brands like Kalyan Jewellers and Jockey.

Issue objectives include Capex in form of upgraded systems to create better VFX visuals. This is positive when the last year expenditure has resulted in revenue and PAT growth. Margins are in line with Digikore currently. Number of clients have doubled from FY23 but there is a de-growth in sticky clients but the number of projects executed in FY24 has become 3 times that of FY23.

Borrowings will be almost fully paid out of issue proceeds saving around 0.4 cr on interest costs which brings it currently around 17 P/E which is in line with peers currently and only topline expansion will ease its valuations.

Will be applying @Iposs

Thank You Sir! @MuStrFc

It is audacity of the promoters to show rosy picture through evergreening of financial in FY 2024 to trap innocent retailers.