Optimystix Entertainment IPO
Grey Market Premium (GMP)
GMP applies before listing only. This IPO has listed — see Listing Performance below for the actual debut.
Subscription Status
| Category | Subscription |
|---|---|
| QIB | 1.84x |
| NII | 1.85x |
| sNII (₹2L–₹10L) | 2.27x |
| bNII (above ₹10L) | 1.63x |
| Retail (RII) | 2.26x |
| Total | 2.05x |
Bidding day 5 · final figures at close of bidding: 14 Aug 2026, 6:30 pm IST
IPO Details
- Open Date
- 7 Aug 2026
- Close Date
- 11 Aug 2026
- Listing Date
- 14 Aug 2026
- Face Value
- ₹10
- Fresh Issue
- ₹76.65 Cr
- OFS
- ₹21 Cr
- Listing On
- NSE
- Registrar
- Maashitla Securities
Lot Size & Application Amounts
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | ₹2,80,000 |
| HNI (Min) | 3 | 2,400 | ₹4,20,000 |
Issue Reservation
| Investor category | Shares offered | % of issue |
|---|---|---|
| Anchor | 16,70,400 | 29.94% |
| QIB (ex-anchor) | 11,16,000 | 20% |
| NII | 8,40,000 | 15.05% |
| — sNII (< ₹10L) | 2,80,800 | 5.03% |
| — bNII (> ₹10L) | 5,59,200 | 10.02% |
| Retail | 19,53,600 | 35.01% |
| Total | 55,80,000 | 100% |
The anchor portion is carved out of the QIB quota. Percentages are of the total shares offered.
Financials (₹ Cr)
| Period Ended | Revenue | PAT | EBITDA | Net Worth | Total Assets | Borrowings | EPS (₹) |
|---|---|---|---|---|---|---|---|
| FY 2024 | 54.99 | 6.69 | 4.48 | 59.66 | 105.81 | 0.09 | — |
| FY 2025 | 125.07 | 17.24 | 23.93 | 97.19 | 138.93 | — | — |
| FY 2026 | 135.89 | 24.04 | 31.1 | 131.47 | 166.8 | — | 13.16 |
Restated figures from the offer document. Amounts in ₹ crore; EPS in ₹ per share. FY = the 12 months ended 31 March.
KPIs & Valuation
- P/E (pre-issue)
- 13.3x
- P/E (post-issue)
- 16.94x
- RoNW
- 18.23%
- RoE
- 18.23%
- RoCE
- 23.05%
- EPS (pre-issue)
- ₹13.16
- EPS (post-issue)
- ₹10.33
- EBITDA Margin
- 23.04%
- PAT Margin
- 17.81%
- P/BV
- 2.29x
- NAV / share
- ₹71.97
- Market Cap
- ₹407.21 Cr
As of 31 Mar 2026 (latest reported period in the offer document). Market cap is computed on a post-issue basis at the upper price band.
Objects of the Issue
| Purpose | Est. Amount |
|---|---|
| Working Capital Requirements | ₹64.38 Cr |
| General Corporate Purposes | ₹10 Cr |
| Issue Expenses | ₹16.28 Cr |
Net-proceeds utilisation as disclosed in the offer document.
Issue Expenses
| Purpose | Est. Amount |
|---|---|
| Lead manager(s) fees | ₹3 Cr |
| Underwriting fees | ₹5.42 Cr |
| Brokerage, selling commission and upload fees. | ₹0.02 Cr |
| Registrars to the issue | ₹0.03 Cr |
| Legal Advisors | ₹0.02 Cr |
| Printing expenses | ₹0.01 Cr |
| Advertising and marketing expenses | ₹0.08 Cr |
| Regulators including stock exchanges | ₹0.09 Cr |
| Others, if any (Advisors to the company, Peer Review Auditors, and other misc. expenses) | ₹7.62 Cr |
Promoters & Shareholding
Promoters: <p>Vipul D.Shah, Rajesh Darshan Bahl, Sanjay Dhirajlal Shah, Optimystix Media Pvt.Ltd.</p>
- Holding (pre-issue)
- 77.61%
- Holding (post-issue)
- 55.77%
- Dilution
- 21.84%
Documents
Anchor Investors
| Investor | Category | Shares | Price | Amount ₹Cr | Allocation |
|---|---|---|---|---|---|
| BIRCHWOOD MULTI STRATEGY FUND OPEN-ENDED PCC LTD.-BIRCHWOOD GLOBAL ALPHA FUND | FII/FPI | 2,85,600 | ₹175 | 5 | 17.1% |
| BHARAT EMERGING & STRATEGIC TECHNOLOGY FUND | Other | 2,85,600 | ₹175 | 5 | 17.1% |
| VIKASA INDIA EIF I FUND-INCUBE GLOBAL OPPORTUNITIES | FII/FPI | 1,71,200 | ₹175 | 3 | 10.25% |
| SHINE STAR BUILD-CAP PVT.LTD. | Other | 1,71,200 | ₹175 | 3 | 10.25% |
| ASAS GLOBAL FUND INCORPORATED VCC SUB FUND | FII/FPI | 1,14,400 | ₹175 | 2 | 6.85% |
| VENTUREX FUND I | Other | 1,14,400 | ₹175 | 2 | 6.85% |
| ASHIKA GLOBAL FINANCE PVT.LTD. | FII/FPI | 1,14,400 | ₹175 | 2 | 6.85% |
| CP Capital Ltd. | Other | 1,14,400 | ₹175 | 2 | 6.85% |
| NORTH STAR OPPORTUNITIES FUND VCC-BULL VALUE INCORPORATED VCC SUB FUND | Other | 68,800 | ₹175 | 1.2 | 4.12% |
| STRATEGIC SIXTH SENSE CAPITAL FUND | Other | 57,600 | ₹175 | 1.01 | 3.45% |
| PARADISE MOON INVESTMENT FUND I | Other | 57,600 | ₹175 | 1.01 | 3.45% |
| VIJIT GROWTH FUND | Other | 57,600 | ₹175 | 1.01 | 3.45% |
| SERENE ALPHA CAPITAL TRUST | Other | 57,600 | ₹175 | 1.01 | 3.45% |
Anchor bidding took place on 6 Aug 2026. Anchor lock-in: 50% of shares unlock on 11 Sept 2026, the remainder on 10 Nov 2026.
Peer Comparison
| Company | EPS (₹) | NAV (₹) | P/E | RoNW | P/BV |
|---|---|---|---|---|---|
| Optimystix Entertainment | 13.37 | 71.97 | — | 18.23% | — |
| Balaji Telefilms | -4.09 | 5.19 | -21.95x | 7.99% | 12x |
| Cinevista | 1.06 | 9.8 | 14.19x | 11% | 1.44x |
| Panorama Studios International | 0.6 | 8.48 | 83.2x | 4.52% | 24.88x |
Peer group as disclosed in the offer document, figures as of 31 Mar 2026. The issuer’s P/E is computed at the upper price band.
Lead Managers (BRLMs)
Tap a lead manager to see every IPO it has run and how those listings fared.
Listing Performance
About the Optimystix Entertainment IPO
The Optimystix Entertainment SME IPO is open between 7 Aug 2026 and 11 Aug 2026, offered at a price band of ₹166–175 per share, and is set to list on NSE. The IPO seeks to raise ₹108.5 crore. Retail investors bid in lots of 800 shares, a minimum application of ₹2,80,000.
Issue structure
The offer combines a fresh issue of ₹76.65 crore with an offer for sale (OFS) of ₹21 crore by existing shareholders. Money raised through the fresh issue goes to the company for its stated objects, while OFS proceeds go to the selling shareholders rather than the business.
Objects of the issue
Per the offer document, the company intends to deploy the net proceeds primarily toward working capital requirements (₹64.38 crore), alongside issue expenses (₹16.28 crore). In all, 3 objects are disclosed — the full break-up is in the table above.
Financials
In FY2026, Optimystix Entertainment reported revenue of ₹135.89 crore and a net profit of ₹24.04 crore. Revenue grew from ₹54.99 crore in FY2024 to ₹135.89 crore in FY2026 (+147.0%). Net worth stood at ₹131.47 crore at the end of FY2026. At the upper band, that puts the issue at roughly 13.3× FY2026 earnings (P/E), a figure worth comparing against listed peers in the sector.
Valuation
At the upper band, the issue is priced at 16.94× post-issue earnings and 2.29× book value, against a return on net worth of 18.23%. These ratios come from the offer document and are for comparison, not a recommendation.
Peer comparison
The offer document names listed peers including Balaji Telefilms and Cinevista, with a median peer P/E of about 14.2×. The issue's own post-issue P/E works out to 16.94×.
Promoters
The promoters of the company are <p>Vipul D.Shah, Rajesh Darshan Bahl, Sanjay Dhirajlal Shah, Optimystix Media Pvt.Ltd.</p>. Promoter holding stands at 77.61% before the issue and comes down to 55.77% after listing.
Grey market premium (GMP)
In the unofficial grey market, Optimystix Entertainment shares are quoted at a premium of ₹0 implying an expected listing around ₹175, about +0.0% over the upper band. Grey market premium is a sentiment indicator set by private dealers, not the company or the exchange — it moves quickly and is not a reliable predictor of the actual listing price.
Subscription
The Optimystix Entertainment IPO was subscribed 2.05 times overall. The strongest demand came from retail investors at 2.26 times, with qualified institutional buyers (QIB) at 1.84× and non-institutional investors (NII) at 1.85×.
Listing performance
Optimystix Entertainment listed on 14 Aug 2026 at ₹180, a premium of +2.9% over the issue price of ₹175.
What to weigh
When evaluating the Optimystix Entertainment IPO, the data points most investors look at are the fresh-issue-versus-OFS split, the revenue and profitability trend, subscription demand across investor categories and the grey market premium. Grey market premium and subscription figures reflect short-term sentiment rather than long-term fundamentals; the figures on this page are for information only and are not investment advice.
About Optimystix Entertainment
Incorporated in 2000, Optimystix Entertainment India Limited is engaged in the business of content creation and production for television, films, and digital platforms. The company has produced over 150 television shows, delivering more than 7,500 hours of original programming across major national broadcasters. It operates across both fiction and non-fiction formats, with popular shows such as Laughter Chefs, Baalveer, Rising Star, Saas Bina Sasural, and Ladies Special. The company’s franchises in comedy, crime, and children’s genres rank among the longest-running formats in the Indian entertainment industry. Optimystix has earned more than 60 industry awards for its creative excellence and continues to maintain strong relationships with broadcasters, studios, and OTT platforms, ensuring recurring business and a diversified revenue base. Its notable film productions include OMG 2 (starring Akshay Kumar, Pankaj Tripathi, and Yami Gautam), The Diplomat (starring John Abraham and Sadia Khateeb), and Khel Khel Mein. As of August 31, 2025, the company employs 25 full-time professionals and 13 consultants.
Optimystix Entertainment — Contact Details
- Registered office
- 21, Svp Nagar, Jankidevi Public School Road,, Near Versova Telephone Exchange, Andheri, (West),, Mumbai, Maharashtra, 400053
- Phone
- +91-22-42935005
- Website
- www.optimystix.com/
- Registrar (IPO queries)
- ipo@maashitla.com
Frequently asked questions
- What is the Optimystix Entertainment IPO price band?
- The Optimystix Entertainment IPO price band is ₹166 to ₹175 per share, with a lot size of 800 shares.
- What was the Optimystix Entertainment IPO GMP before listing?
- The final grey market premium recorded before the Optimystix Entertainment IPO listed was ₹0. The IPO listed on 14 Aug 2026 at ₹180, +2.9% against the issue price. GMP is an unofficial figure and was never a guarantee of the listing price.
- When does the Optimystix Entertainment IPO open and close?
- The Optimystix Entertainment IPO opens on 7 Aug 2026 and closes on 11 Aug 2026.
- When is the Optimystix Entertainment IPO allotment and listing date?
- Allotment is expected on 12 Aug 2026. The shares are scheduled to list on 14 Aug 2026 on NSE.
- How many times was the Optimystix Entertainment IPO subscribed?
- The Optimystix Entertainment IPO was subscribed 2.05 times in total across all investor categories.
- What is the reservation split in the Optimystix Entertainment IPO?
- Of the total shares offered, retail investors get 35.01%, QIBs 20% (plus 29.94% anchor), non-institutional investors 15.05%. The full category-wise break-up is in the Issue Reservation table on this page.
- Who are the promoters of Optimystix Entertainment and what is their holding?
- The promoters are <p>Vipul D.Shah, Rajesh Darshan Bahl, Sanjay Dhirajlal Shah, Optimystix Media Pvt.Ltd.</p>. Promoter holding is 77.61% before the issue and 55.77% after listing.
- What is the P/E ratio of the Optimystix Entertainment IPO?
- At the upper price band, the Optimystix Entertainment IPO is valued at 13.3× pre-issue earnings and 16.94× post-issue earnings, based on the financials disclosed in the offer document.
- What are the objects of the Optimystix Entertainment IPO?
- The net proceeds go primarily toward working capital requirements, among 3 disclosed objects. See the Objects of the Issue table for the full break-up.
- Who are the lead managers and registrar of the Optimystix Entertainment IPO?
- The book-running lead managers are NEXGEN Financial Solutions Pvt.Ltd., LSI Financial Services Pvt.Ltd.. Maashitla Securities is the registrar to the issue.
- Is Optimystix Entertainment a Mainboard or SME IPO?
- Optimystix Entertainment is an SME IPO, listing on NSE (SME platform).