Studio LSD IPO

About Studio LSD Limited IPO

Studio LSD Limited IPO is an IPO of up to 1,37,50,000 equity shares. It consists of an offer for sale of up to 27,50,000 equity shares and a fresh issue of up to 1,10,00,000 equity shares. The shares will be allotted on TBA. The credit of shares to the demat account will take place on TBA and the initiation of refunds will take place on TBA.

Objective of Studio LSD Limited IPO

• Capital expenditure.
• Working capital requirements.
• General corporate purposes.

Industry Outlook

The Indian Media & Entertainment (M&E) sector is set for substantial growth, with a projected 10.2% increase, reaching ₹2,55,000 crore (US$ 30.8 billion) by 2024 and a 10% CAGR, hitting ₹3,08,000 crores (US$ 37.2 billion) by 2026. The Indian media and entertainment sector posted a robust 19.9% growth in 2022 and crossed the ₹2,00,000 crores (US$ 24 billion) mark in annual revenue for the first time, led by a sharp jump in the digital advertising mop-up. India’s OTT video industry is expected to reach ₹21,032 crore (US$ 2.63 billion) by 2026. India’s newspapers and consumer magazines industry is expected to reach ₹29,945 crore (US$ 3.756 billion) by 2026.

Company Information

Studio LSD where LSD stands for Laxmi Saraswati and Durga, is a multimedia production house specialising in original and captivating stories, partnering with artists from the film and television industry. They are involved in every aspect of 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.

Risks of Studio LSD Limited IPO

• The company relies on distributors, broadcasters, and TV channels for the display of the shows. Any delay in payment from these distributors and TV channels will significantly affect our revenues and profitability.

• Regulatory compliance and litigation risk can cause business disruptions and an increase in compliance costs.

• The business is dependent upon the taste and preferences of the audience. Any shift in consumer taste and preference will have a negative impact on their business.

Anchor Investor Information

The Anchor Investor Bid/Offer Period shall be one Working Day prior to the Bid/Offer Opening Date

IPO Registrar and Book Running Lead Managers

Book running lead managers:

Corpwis Advisors Private Limited

Registrar for the IPO is Purva Sharegistry (India) Private Limited

Business Model

The company earns its revenue by offering the following services:

• Concept Development
• Scriptwriting and Screenplay Development
• Line Production
• Post-Production Services
• Distribution and Marketing Support
• Consultation and Strategy Development
• Innovation and Adaptation
• Customised Solutions

Company Growth Trajectory

The revenue from operations consists of revenue from production of TV daily soaps and serials. Their revenue from operations as a percentage of total revenue was 99.66%, 99.98%, 99.92% and 99.98% for 6M FY25, FY24, FY23 and FY22 respectively. Other income comprises of interest income from fixed deposits with banks, dividends and gains from mutual funds. Other income as a percentage of total revenue was 0.34%, 0.02%, 0.08% & 0.02% for 6M FY25, FY24, FY23 and FY22 respectively.

Company Market Position

With a track record of successful productions and longstanding relationships with major broadcasters and streaming platforms, the company enjoys a strong industry reputation. This reputation not only attracts top-tier talent but also secures lucrative production contracts and distribution opportunities.

How To Check Allotment Status of Studio LSD Limited IPO?

You can check the allotment status of shares either on the website of the National Stock Exchange (NSE) or on the website of the registrar Purva Sharegistry (India) Private Limited. To check the status on the NSE website:

• Visit the NSE website
• Click on “Investor Services” and choose “Application Status Check”
• Choose the issue type — Equity or Debt (Equity in this case)
• Select the Issue Name from the drop-down. The issue name is the company’s name, which is Studio LSD Limited
• Enter your application number or PAN number
• Check the box which says “I’m not a Robot” and click on “Search” to know the allotment status

Follow these steps to know the allotment status on the registrar’s website:

• Visit the Purva Sharegistry (India) Private Limited website
• Choose “Public Issues” from the “Investor Services” drop-down
• Select Studio LSD Limited from the drop-down
• Enter your PAN number or Application number
• Click on “Submit” to know the allotment status