Studio LSD IPO is a SME IPO Which Constitute Net Issue Size of ₹70.53 crore. It will be open for subscription to investors for apply from August 18 to August 20, 2025.
Each share has a face value of ₹2, and the price range is ₹51-₹54 per share. The lot size for this IPO is 2000 shares. For Individual investors, the minimum investment is ₹2,16,000 for 2 lot 4000 shares). For Small Non-Institutional Investors (SHNI), the minimum application is 3 lots (6000 shares), requiring an investment of ₹3,24,000. For Big Non-Institutional Investors (BHNI), the minimum application is 10 lots (20,000 shares), amounting to ₹10,80,000.
Studio LSD IPO will open for subscription on August 18, 2025, and close on August 20, 2025. The allotment is expected to be finalized on Monday, August 21, 2025, and Shares will list on the NSE on Wednesday, August 25, 2025(Tentative).
Studio LSD IPO Details
| IPO Type | SME |
|---|---|
| IPO Method | Book Building |
| IPO Open Date | 18 August 2025 (Monday) |
| IPO Close Date | 20 August 2025 (Wednesday) |
| IPO Listing Date | 25 August 2025 (Monday) |
| Price Band | ₹51 to ₹54 per share |
| Lot Size | 2000 Shares (Minimum Bids 4000 Shares) |
| Face Value | 2 |
| Gross Issue Size | ₹74.25 Crores (approx.) |
| Fresh Issue* | ₹59.40 Crores (approx.) |
| Offer for Sale (OFS)* | ₹14.85 Crores (approx.) |
| Net Issue | ₹70.53 Crores (approx.) |
| Listing Exchange | NSE(NSE is the Designated Stock Exchange) |
IPO Timeline
Studio LSD IPO Subscription Status (Day-wise)
| Day | QIB | NII | RII | Employees | Total |
|---|---|---|---|---|---|
| Day 1 | x | x | x | x | x |
| Day 2 | x | x | x | x | x |
| Day 3 | x | x | x | x | x |
Studio LSD IPO reservation table
| Investor Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
| Anchor Investors | 0 | 0 | x |
| Market Maker (A) | 6,88,000 | 6,88,000 | 1x |
| Qualified Institutional Buyers (QIB) (Other than Anchor) (B) | 1,32,000 | 1,32,000 | 1x |
| Non-Institutional Investors (NII) Total (C=C1+C2) | 51,72,000 | 71,96,000 | 1.39x |
| Non-Institutional Investors (NII) Big# (C1) | 34,48,000 | 39,98,000 | 1.16x |
| Non-Institutional Investors (NII) Small#(C2) | 17,24,000 | 31,98,000 | 1.85x |
| Retail Individual Investors (RII) (D) | 77,58,000 | 3,55,68,000 | 4.58x |
| Employee Reserved category (E) | – | – | – |
| Total (Exclude Anchor Portion) (A+B+C+D+E) | 1,37,50,000.00 | 4,28,96,000 | 3.12x |
Studio LSD IPO Lot Size
Table is Prepared at the upper end of the price band (₹54).
| Application | Lot Size | No. of Shares | Amount |
|---|---|---|---|
| Individual (Min) | |||
| Individual (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) |
Promoter Shareholding Table (Pre & Post Issue)
| Shareholder | Pre-Issue Holding (%) | Post-Issue Holding (%) |
|---|---|---|
| Promoters | 100% | 73.5% |
| Others (Public / Investors) | 0 | 26.5% |
| Total | 100% | 100% |
Company Overview
Studio LSD is a vibrant Mumbai-based multimedia production house specializing in original storytelling for television and OTT platforms. Studio LSD where LSD stands for Laxmi Saraswati and Durga, is a multimedia production house specializing in original and captivating stories, partnering with artists from the film and televisions industry. Involved in the content-making process, from idea to distribution and financing the projects, hiring actors and crew members, scouting locations, creating sets, managing the budgets, and overseeing the entire production and post-production process.
Company has experience in crafting compelling narratives and engaging storylines that captivate audiences, in the competitive world of soap opera production. The company has produced shows for various television channels, Companies promoters Prateek Sharma and Parth Shah creates original and modern concepts across various genres, meeting audience expectations while preserving the essence of episodic storytelling.
Objects of the Offer
- Capital Expenditure.
- Working Capital requirements.
- General Corporate Purposes.
Financial Snapshot (As of and For the Fiscal Ended on)
| Particulars | 31-Mar-2025 | 31-Mar-2024 | 31-Mar-2023 |
|---|---|---|---|
| Revenue (₹ Cr) | 104.48 | 102.48 | 46.68 |
| Revenue (₹ Cr)(Including Other Income) | 105.01 | 102.49 | 46.71 |
| Profit After Tax (₹ Cr) | 11.67 | 10.90 | 2.80 |
| Profit After Tax Margin (%)(On Total Revenue) | 11.17% | 10.64% | 5.99% |
| Earnings per share (in ₹) | 2.85 | 2.67 | 0.68 |
| Total Assets (₹ Cr) | 46.67 | 36.49 | 18.16 |
| Total Borrowings (₹ Cr) | 0.0 | 0.0 | 0.06 |
| Net Worth (₹ Cr) | 27.54 | 15.87 | 4.96 |
| NAV per equity share (in ₹) | 6.73 | 4.65 | 1.46 |
Studio LSD IPO Key Performance Indicators
| Particulars | FY2024-25 | FY2023-24 | FY2022-23 |
|---|---|---|---|
| EBITDA (₹ Cr) | 15.51 | 14.82 | 3.74 |
| EBITDA Margin (%) | 14.85% | 14.46% | 8.01% |
| Return on Equity (RoE %) | 53.78% | 104.71% | 78.42% |
| Return on Capital Employed (RoCE %) | 57.29% | 92.44% | 74.29% |
| Debt to Equity Ratio (In Times) | - | - | 0.01 |
| Operating Cash Flows(₹ Cr) | 2.33 | 5.73 | 0.58 |
Comparison with Listed Competitors
| Company Name | Closing Price(₹) as on July 30, 2025 | Revenue from Operations (FY24-25, ₹ in Cr) | Face Value (₹) | EPS (₹) | P/E Ratio (x) | RoNW (%) | NAV (₹) |
|---|---|---|---|---|---|---|---|
| Studio LSD Limited | - | 2 | 2.85 | - | 53.78 | 6.73 | |
| Baweja Studios Limited | 66.75 | 75.57 | 10 | 4.49 | 14.83 | 7.97 | 56.44 |
| Picture Post Studios Limited | 21 | 37.12 | 1 | 1.72 | 12.21 | 17.76 | 9.68 |
Source: All the financial information for listed industry peer mentioned above is sourced from the annual audited financial results of the listed peer for the year ended March 31, 2025.
Strengths & Risks
Key Strengths
- Creative Quality – Strong focus on innovative storytelling that resonates with audiences.
- Comprehensive Production Capabilities – End-to-end in-house production ensures better control over quality, cost, and timelines.
- Adaptability & Innovation – Early adoption of new technologies (VR, AR, AI) fosters creative experimentation.
- Diverse Content Portfolio – Wide range of genres (drama, reality, events) reduces dependency on a single format.
- Strategic Partnerships – Collaborations with celebrities, artists, and production houses expand reach and market influence.
- Strong Industry Reputation – Established credibility with broadcasters and OTT platforms attracts top talent and contracts.
Key Risks
- Revenue Dependence – Dependent upon a few customers and the loss of or a significant reduction in the award of contracts by such customers could adversely affect business.
- Shifting Audience Preferences – Rapidly changing taste and preferences of the audience can negative impact on business.
- Contractual arrangements - Business is dependent on the contractual arrangements, termination the the same can negative impact on business. In Past some of the Broadcaster terminate the contracts after some episodes.
- Content objectionable - If viewers or civil society organisations find Content objectionable then they may assert legal claims, seek to ban the exhibition of serials, protest against company or against serials or object in a variety of other ways. which can impect Business
- Intense Competition – High Competition in entertainment/OTT sector may impact market share.
For detailed information on Strengths and Risks, please refer to the sections ‘Our Competitive Strengths’ and Section II – Risk Factors of the RHP.
Key Contacts for Studio LSD IPO
| Company Contact Kiran Parmanand Goklani Company Secretary & Compliance Officer Address: Unit No. 302,301, 3rd Floor, Laxmi Mall, Laxmi Industrial Estate, New Link Road, Andheri West, Andheri, Mumbai, Mumbai, Maharashtra, India, 400053 Contact No: +91 91371 95384 Email ID: compliance@studiolsd.in Website: www.studiolsd.in | Registrar to the Issue Purva Sharegistry (India) Private Limited Address: 9 Shiv Shakti Industrial Estate, J.R. Boricha Marg, Near Lodha Excelus, Lower Parel East, Mumbai - 400 011, Maharashtra, India Telephone: 022 4961 4132 / 3522 0056 Email: newissue@purvashare.com (Investor grievance) Website: www.purvashare.com Contact Person: Ms. Deepali Dhuri SEBI Registration No.: INR000001112 |
Book Running Lead Managers (BRLMs)
| BRLM Full Name |
|---|
| Corpwis Advisors Private Limited |
For full contact details including representatives, emails, and phone numbers, of BRLM's please refer to the Red Herring Prospectus (RHP).
Important IPO Documents
- Red Herring Prospectus (RHP)
- Draft Red Herring Prospectus (DRHP)
- Anchor Investors Allocation Report.
- Studio LSD Basis of Allotment (Published After allotment)
FAQ’s
1. What is the Studio LSD IPO IPO?
Studio LSD IPO is a book-built issue aiming to raise ₹74.25 crore. It comprises a fresh issue of ₹59.40 crore and an offer for sale of ₹14.85 crore Which Includes market maker portion.
2. When does the Studio LSD IPO open and close?
Opening Date: August 18, 2025
Closing Date: August 20, 2025
3. What is the price band for the Studio LSD IPO?
The price band is set between ₹51 and ₹54 per share.
4. What is the lot size and minimum investment for the Studio LSD IPO?
Lot Size: 2000 shares (Minimum Bids 4000 Shares)
Minimum Investment: ₹216000.
5. What is the issue size of the Studio LSD IPO?
The total issue size is ₹74.25 crore, which includes:
Fresh Issue: ₹59.40 crore
Offer for Sale: ₹14.85 crore Including Market Maker.
6. Who are the lead managers for the Studio LSD IPO?
The IPO is managed by Corpwis Advisors Private Limited
7. Who is the registrar for the Studio LSD IPO?
The registrar for this IPO is Purva Sharegistry (India) Private Limited .
8. Where will the Studio LSD shares be listed?
The shares are proposed to be listed on the NSE (NSE is the designated stock exchange).
9. When will the allotment be finalized?
The basis of allotment is expected to be finalized on 21 August 2025.
10. When is the Studio LSD IPO listing date?
The shares are expected to be listed on 25 August 2025.
11. What are the objectives of the Studio LSD IPO?
Capital Expenditure, Working Capital requirements, General Corporate Purposes.
12. How can I check the allotment status?
You can check the allotment status by visiting our dedicated page here: IPO Allotment Status.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. Recipients should conduct their own research and assessments and consult their investment advisor before making any investment decisions. This does not constitute a personal recommendation/investment advice.
IPO Listing Details
| IPO Listing Date | 26 August 2025 (Tuesday) |
| ISIN | |
| NSE Symbol | |
| Issue Price | ₹ |
| Listing Price | [₹0] |
| Listing Gain/Loss (%) | [+0%] |
Listing Day Trading Information
| Price | NSE |
|---|---|
| Share Allotment Price(Issue Price) | 15 |
| Open | 20 |
| High | 25 |
| Low | 0 |
| VWAP | 0 |
| Close | 0 |