Optimystix Entertainment India IPO Details
Issue Date
07 Aug - 11 Aug'26
Price Band
₹166 - ₹175
Lot Size
800 Shares
IPO Size
₹109 Cr
Listing At
NSE
Optimystix Entertainment India IPO Listing Details
Listing On
14 Aug'26
Issue Price
₹175
Listed Price
₹ 180
Retail Gain/Listing Gain
2.86%Increase
Schedule of Optimystix Entertainment India IPO
IPO Open Date
07/08/2026
IPO Close Date
11/08/2026
Basis of Allotment
12/08/2026
Refund Initiation
13/08/2026
Credit of Shares
13/08/2026
Listing on exchange
14/08/2026
Optimystix Entertainment India IPO Subscription Status Live
(Last updated on 11 Aug 2026 03:45 PM)
Day 1 07-Aug-2026 | 0.63x | 1.02x | 0.56x | 0.44x |
Day 2 10-Aug-2026 | 0.81x | 1.02x | 0.89x | 0.54x |
Day 3 11-Aug-2026 | 1.67x | 1.81x | 1.94x | 1.21x |
Optimystix Entertainment India IPO Subscription Rate
Qualified Institutions | 1.84x |
Non-Institutional (HNI) | 1.45x |
Retail | 2.14x |
Total Subscription | 1.84x |
About Optimystix Entertainment India IPO
The Optimystix Entertainment India IPO, an SME IPO, opens on Friday, August 07, 2026 and closes on Tuesday, August 11, 2026. The allotment of shares will take place on Wednesday, August 12, 2026. The credit of shares to the demat account will take place on Thursday, August 13, 2026. The initiation of refunds will take place on Thursday, August 13, 2026. The listing of shares will take place on Friday, August 14, 2026.
The equity shares of the company are proposed to be listed on the NSE SME platform. The offer consists of both a fresh issue and an offer for sale component. The fresh issue will include 50,00,000 shares aggregating up to ₹88 crores. The offer for sale portion includes 12,00,000 shares of ₹10 aggregating up to ₹21 crores. The total number of shares and aggregate amount are 62,00,000 shares aggregating up to ₹109 crores.
Optimystix Entertainment India IPO's price band is set at ₹166 to ₹175 per share. The lot size for an application is 800 shares. The minimum amount of investment required by a retail investor is ₹2,80,000 based on the upper price.
Optimystix Entertainment India was founded in 2000 and produces content for television, films, and digital platforms.
Objectives of Optimystix Entertainment India IPO
- Funding the working capital requirements of the company.
- General corporate purposes.

Optimystix Entertainment IPO | ₹108.5 Cr SME IPO | Should You Apply?
Kotak Neo
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Optimystix Entertainment India IPO Valuation
Upper Price Band | ₹175 |
Fresh Issue | 50,00,000 shares (₹88 crores) |
Offer for Sale | 12,00,000 shares (₹21 crores) |
EPS Diluted (₹) for FY26 | 13.36 |
IPO Lot Size
Individual investors (Retail) (Min) | 2 | 1,600 | ₹2,80,000 |
Individual investors (Retail) (Max) | 2 | 1,600 | ₹2,80,000 |
S-HNI (Min) | 3 | 2,400 | ₹4,20,000 |
S-HNI (Max) | 7 | 5,600 | ₹9,80,000 |
B-HNI (Min) | 8 | 6,400 | ₹11,20,000 |
IPO Share Offer and Subscription Details
QIBs | Not more than 50% of the net offer |
Non-institutional Investors (NIIs) | Not less than 15% of the net offer |
Retail-individual Investors (RIIs) | Not less than 35% of the net offer |
Industry Outlook
India's media and entertainment sector is large and growing. The industry reached a size of ₹2.50 trillion in CY 2024, up from ₹1.92 trillion in CY 2019, a compound annual growth rate of roughly 5.7%. It is projected to expand at about 7.2% to ₹2.68 trillion in CY 2025 and further to ₹3.06 trillion by CY 2027. Digital media has led this shift, overtaking television in CY 2024 with a 32% market share.
The mix is changing fast. New media, spanning digital platforms and online gaming, grew from a 20% share in 2019 to 41.3% in 2024, while traditional television, print, radio, and cinema slipped from 76% to 46%.
Streaming is another driver. India is among the fastest-growing OTT markets, with over 500 million monthly active video users, and the OTT segment is projected to grow at a CAGR of approximately 14.9% between FY 2024 and FY 2029. Television still anchors the industry, contributing nearly 40% of revenues in FY 2024 across more than 230 million television households. Optimystix produces both fiction and non-fiction content across television, films, and digital platforms, positioning it across each of these growth pools. About Optimystix Entertainment India
Optimystix Entertainment India was incorporated in Mumbai on October 31, 2000. It creates and produces content for television, films, and digital platforms. The Company and its promoters have been active in the Indian entertainment industry for over 25 years. It has produced more than 150 television shows comprising over 7,500 hours of original programming across all major national broadcasters.
Its catalogue includes long-running franchises. Comedy Circus ran for eight years and features in the Limca Book of Records, Crime Patrol has exceeded 1,100 episodes, and Baalveer has crossed 2,000 episodes. The Company operates across fiction and non-fiction formats at scale, one of the few Indian production houses to do so. Over the last four years it has also expanded into feature films and web series, with theatrical titles such as OMG 2, Khel Khel Mein, and The Diplomat that later streamed on Netflix.
Strengths of Optimystix Entertainment India
- The company has produced more than 150 shows and over 7,500 hours of programming across all major Indian broadcasters over a 25-year track record.
- A diversified revenue mix across films, television, and OTT content reduces dependence on any single genre or platform.
- The company operates an end-to-end, vertically integrated production model spanning ideation, creative development, production, post-production, and delivery.
- It secured preferred early access to Google's generative video platform Veo-3, giving it a first mover position in India for AI-powered content creation.
- Long standing relationships with all major broadcasters and leading OTT platforms translate into prime slots, faster greenlights, and reliable content pipelines.
- A partnership with T-Series funds production and monetisation while the Company retains a 50% share of intellectual property rights and profits.
Risks of Optimystix Entertainment India
- The Company's top five customers contributed 85.05% of revenue in FY 2026, so the loss of a key customer could materially hurt its financial results.
- Commercial success depends on unpredictable audience acceptance of shows and films, and there is no guarantee that future projects will repeat past hits.
- Production is complex and prone to talent, location, and scheduling delays, which can cause cost overruns that may not be recoverable from clients.
- The shift from a commissioned model to owning intellectual property raises capital intensity and earnings volatility, and underperforming content can trigger inventory impairment.
- The Company reported negative cash flow from operating activities of ₹8.05 crores in FY 2026 and sustained negative cash flows could constrain its ability to fund operations.
- The Company does not own the intellectual property for much of its commissioned television and OTT content, limiting its ability to monetise that content independently.
Optimystix Entertainment India Financials
Peer Comparison
Optimystix Entertainment India | 134.99 | 13.36 | - | 71.97 |
Panorama Studios International Ltd | 308.50 | 0.60 | 83.20 | 8.48 |
Cinevista Ltd | 23.97 | 1.06 | 14.19 | 9.80 |
Balaji Telefilms Ltd | 210.83 | (4.09) | (21.95) | 5.19 |
Notes:
(1) Based on restated consolidated financial statements for the year ended March 31, 2026.
(2) Source: As per Audited/Unaudited Financial Results for Year Ended March 31, 2026 (Consolidated Figures).
(3) Diluted EPS is taken into consideration for calculation of P/E.
NAV per share = Shareholders' funds (Share Capital + Reserves and Surplus excluding revaluation reserves) / paid-up number of shares outstanding as on March 31, 2026. RoNW = PAT / Shareholders' funds (Share Capital + Reserves and Surplus excluding revaluation reserves) × 100. The peer group listed companies stated above are engaged in the media and entertainment business.
Anchor Investor Bidding Date
Thursday, August 06, 2026
IPO Registrar and Book Running Lead Managers
IPO Registrar
Maashitla Securities Private Limited
Email: investor.ipo@maashitla.com
Tel. Number: 0 11 47581432
Book Running Lead Manager(s)
LSI Financial Services Private Limited
NexGen Financial Solutions Private Limited
Optimystix Entertainment India Contact Details
21, Svp Nagar, Jankidevi Public School Road, Near Versova Telephone Exchange, Andheri, (West), Mumbai City, Mumbai-400053, Maharashtra.
E-mail: compliance@optimystix.com
Tel: +91 22 42935005
Optimystix Entertainment India Business Model
The company earns its revenue through the creation, production, and delivery of entertainment content across television, films, and digital/OTT platforms. Income is generated from commissioned television programming for broadcasters such as Sony, Colors, Zee TV, Star India, and SAB TV, from the production and distribution of feature films through theatrical and direct-to-digital releases, and from OTT and web series content.
Optimystix Entertainment India Growth Trajectory
Optimystix Entertainment India Limited's Total Income for FY26 was ₹135.89 crores, whereas in FY25 and FY24 it was ₹125.07 crores and ₹54.99 crores, respectively. The Profit After Tax for FY26 was ₹24.04 crores, whereas in FY25 and FY24 it was ₹17.24 crores and ₹6.69 crores, respectively.
Their EBITDA for FY26 was ₹31.10 crores, whereas in FY25 and FY24 it was ₹23.93 crores and ₹4.48 crores, respectively.
Optimystix Entertainment India Market Position
The Company maintains long-standing relationships with all major Indian broadcasters, namely Sony, Colors, Zee, Star, and SAB, as well as leading OTT platforms including Netflix, Amazon Prime Video, JioStar, and Zee5. It has produced more than 150 shows and over 7,500 hours of programming and has been recognised with more than 60 industry awards. Its top ten customers accounted for 95.81% of revenue in FY 2026, reflecting deep, repeat relationships with a concentrated set of large broadcaster and platform clients.
As of 31 March 2026, the company's Total Income, Profit After Tax, and EBITDA were ₹135.89 crores, ₹24.04 crores, and ₹31.10 crores, respectively.
Optimystix Entertainment India Profit and Loss Statement (in ₹ crores)
Total Income | 135.89 | 125.07 | 54.99 |
Profit Before Tax | 31.20 | 24.34 | 4.12 |
Profit After Tax | 24.04 | 17.24 | 6.69 |
EPS (Diluted) ₹ | 13.36 | 12.92 | 5.02 |
EBITDA | 31.10 | 23.93 | 4.48 |
Optimystix Entertainment India Balance Sheet (in ₹ crores)
Profit Before Tax | 31.20 | 24.34 | 4.12 |
Net Cash from Operating Activities | (8.05) | 0.87 | (2.81) |
Net Cash from Investing Activities | (13.51) | 0.01 | 0.08 |
Net Cash from Financing Activities | 10.22 | 19.86 | (0.58) |
Cash & Cash Equivalents | 9.52 | 20.86 | 0.12 |
Note: () denotes negative
How to apply for Optimystix Entertainment India IPO?
- Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
- Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.
Optimystix Entertainment India IPO FAQs
The Optimystix Entertainment India IPO opens for subscription from 07-08-2026 to 11-08-2026, with a total issue size of ₹109 Cr. The IPO price band is ₹166 to ₹175 per share with a lot size of 1600. The company aims to list the shares on BSE & NSE on 14-08-2026.
The Optimystix Entertainment India IPO will open for subscription on 07-08-2026 and will close on 11-08-2026 for investors.
The lot size of Optimystix Entertainment India IPO is 1600 equity shares, requiring a minimum investment of ₹140000/2 Lots for retail investors applying in the IPO.
The price band of the Optimystix Entertainment India IPO has been fixed at ₹166 to ₹175 per equity share.
You can apply for the Optimystix Entertainment India IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.
Optimystix Entertainment India IPO allotment will take place on 12-08-2026.
You can check the Optimystix Entertainment India IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.
Optimystix Entertainment India shares will list on the stock exchanges on 14-08-2026.
You can find detailed information about the Optimystix Entertainment India IPO, including its business operations, financial performance, risk factors, and IPO objectives, in the Draft or Red Herring Prospectus (RHP).
Vipul D. Shah is the Chairman and Managing Director of Optimystix Entertainment India Limited.
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.
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