Studio LSD IPO: Price, GMP, Analysis, And Details

Studio LSD IPO- Company Analysis 

Studio LSD IPO under the SME IPO category is a bookbuilding issue of Rs. 74.25 Cr by Studio LSD Ltd, which was incorporated in 2017. A multimedia production business that focuses on original content for television and over-the-top (OTT) platforms, it emphasizes captivating digital series with a strong creative vision. 

Ideation, distribution, project funding, casting actors and crew, site scouting, set construction, budget management, production and post-production supervision, and more are all aspects of content creation that the company manages. It produces content for OTT platforms and television. 

Services Offered-

• Development of Concepts.

• Writing scripts and developing screenplays.

• Production Line.

• Services After Production.

• Strategy development and consultation for distribution and marketing support.

• Inventiveness and flexibility.
  
  

Studio LSD IPO Details

The Studio LSD IPO date is on 18 August 2025, and its initial public offering will end on 20 Aug with IPO allotment on Aug 21, and refund initiation on Aug 22, 2025.

The Rs. 74.25 crore new SME IPO comprises a combination of fresh issue of 1.10 crore shares (Rs. 59.40 Cr) and an offer for sale (OFS) of 0.28 crore shares (Rs. 14.85 Cr).

The Studio LSD IPO listing date (expected) might be on Monday, Aug 25, 2025, and listing at the NSE and SME. 

The Studio LSD IPO price band is Rs. 51 to Rs. 54.

IPO Timetable (Tentative)

Events	Date
IPO Opening Date	Aug 18, 2025
IPO Closing Date	Aug 20, 2025
IPO Allotment Date	Aug 21, 2025
Refund Initiation	Aug 22, 2025
IPO Listing Date	Aug 25, 2025

 

Click to open demat account and apply for the IPO.

 

 

Company Financials

(Amount in Cr)

Period	31 Mar 2025	31 Mar 2024	31 Mar 2023
Total Assets	46.67	36.49	18.16
Total Revenue	105.01	102.49	46.71
PAT	11.67	10.90	2.79
EBITDA	15.51	14.82	3.74
Net Worth	27.54	15.87	4.96
Reserves & Surplus	19.36	15.86	4.95
Borrowings	-	-	0.06

 

Cash Flows

(Amount in lac)

Net Cash Flow in Multiple Activities	31 Mar 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	576.08	757.86	100.02
Net Cash Flow Investing Activities	(916.38)	(236.31)	(19.61)
Net Cash Flow Financing Activities	0.12	(6.70)	(48.14)

 

(Source: RHP)

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Working capital needs. ~ Rs. 249.2 Mn.

• Capital expenditure. ~ Rs. 180 Mn.

• General Corporate Purposes.
  
  

Listed Peers of Studio LSD Ltd.

Company Name	Face Value (Rs. per Share)	EPS (Rs.)	P/E (x)
Baweja Studios Limited	10	4.49	14.83
PicturePost Limited	1	1.72	12.21

 

Valuation

Metric	Value
ROE	53.78%
ROCE	57.29%
RoNW	53.78%
PAT Margin	11.17%
Price to Book Value	8.02
EBITDA Margin	14.85%

 

Evaluation of P/E Ratio

Considering the FY ended on 31 Mar 2024 with an EPS of Rs. 2.85 from the last year, the resulting P/E ratio is 18.94x (taking the upper price). When compared with the industry’s average P/E of 13.52x, it indicates an overvaluation (on a P/E ratio basis only). Hence, the price of the Share seems aggressively priced for the investors.

Explore the Mahendra Realtors IPO.

IPO's Strengths 

• Seasoned team and management with knowledge of the sector.

• All-inclusive production skills.

• A varied portfolio of content.
  
  

 

 

IPO’s Weaknesses 

• A select few high-end clientele account for a significant portion of revenue. Financials may be impacted if any of them are lost or if demand declines.

• The business depends on the timely completion of design assignments. Cancellations, delays, or scope modifications may have a direct effect on cash flow and revenue recognition.

• The services of architects and interior designers are very competitive and impacted by contemporary trends. Demand may decline if you don't adjust to changing consumer demands.

• With receivables and upfront expenses, the business requires a lot of working capital.  Liquidity may be strained by any client payment delay.

 

Studio LSD IPO GMP (Grey Market Premium)

Studio LSD IPO GMP today is Rs. 0 as of 16 Aug 2025 at the time of writing this information. Hence, the Studio LSD IPO listing price (estimated) might be Rs. 54 (upper price + current GMP or grey market premium).

Studio LSD IPO Summary

The Studio LSD & Infrastructure IPO has a market maker portion size of 6,88,000 Shares (Rs. 3.72 Cr).

IPO Opening & Closing Date	18 Aug, 2025 to 20 Aug, 2025
Face Value	Rs. 2 per Share
Issue Price	Rs. 51 to Rs. 54 per Share.
Lot Size	2000 Shares
Issue Size	1,37,50,000 Shares (Rs. 74.25 Cr)
Offer for Sale	27,50,000 Shares (Rs. 14.85 Cr)
Fresh Issue	1,03,12,000 Shares (Rs. 55.68 Cr)
Listing at	NSE, SME
Issue Type	Bookbuilding IPO
Registrar	Purva Sharegistry (India) Pvt. Ltd.

 

 

IPO Lot Details 

Retail investors can invest in a minimum and maximum of 2 Lots (4000 Shares) for Rs. 2,16,000 and in multiples thereof, while for S-HNI investors, the minimum Lot is 3 (6000 Shares) for Rs. 3,24,000.

Minimum Lot Investment (Retail)	2 Lots
Maximum Lot Investment (Retail)	2 Lots
S-HNI (Min)	3 Lots

 

IPO Reservation (% of Net Issue)

Institutional’s Portion	0.96%
Retail’s Portion	56.42%
Non-Institutional Portion	37.61%

Studio LSD IPO Allotment Status

To check the Studio LSD IPO Allotment Status, visit the official Registrar’s website or the BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

Promoters And Management of Studio LSD Ltd.

• Mr. Prateek Sharma

• Mrs. Suman Sharma

• Mr. Parth Shah.
  
  

Pre-Issue Promoter Shareholding	100%
Post-Issue Promoter Shareholding	73.50%

 

IPO Lead Managers

• Corpwis Advisors Pvt. Ltd.
  
  

Dividend Policy

The company has not paid any dividends during the last three years.

Conclusion

With robust revenue growth and good return ratios, the Studio LSD IPO exposes investors to India's rapidly expanding OTT and TV content market. Its aggressive valuation, working capital intensity, and excessive reliance on a small number of clients are still issues, though.  Future growth is supported by the company's innovative approach and diverse portfolio, but it is impossible to overlook the dangers associated with execution and competition.

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

Click Here To Stay Updated With The Upcoming IPOs.

DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.