Incorporated in 2016, Phantom Digital Effects Limited is a Certified Trusted Partner Network (TPN) company, full-fledged creative VFX studio, based in India with offices operating in US and Canada. As a TPN Certified studio, PhantomFX offers a wide range of VFX services. The company’s specializations include: Completing a Shot with final compositing, Creating 3D elements, photoreal creatures, and environments, Rig/Wire removal, paint cleanup, rotoscopy, 3D matchmove, 3D animation (storyboard, animation), Pre-visualization Game cinematics, Fire / water Fx and other natural phenomena 3D ride animation.
Phantom Digital Effects provide high-end visual effects solutions for commercials, feature films, and Web series globally. The company has two studios located in Mumbai and Chennai.
Competitive Strength:
- Well equipped with advance technology.
- Experienced Promoters and Technically Sound Operation Team.
- Marque Clientele.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 537.4 | 1326.72 | 11.3 | 32.46 | 26.81 | 298.69 |
| 31-Mar-21 | 731.95 | 715.41 | 7.51 | 35.32 | 34.32 | 385.25 |
| 31-Mar-22 | 1491.08 | 2236.6 | 490.21 | 525.53 | 524.53 | 251.81 |
| 30-Jun-22 | 2108.34 | 1234.88 | 411.11 | 936.64 | 935.64 | 276.91 |
| Amount in ₹ Lakhs |
Objects of the Issue
Company intends to utilize the Net Fresh Issue Proceeds for the following Objects:
1) Capital Expenditure for Setting up of Studios.
2) General Corporate Expenses.
Phantom Digital Effects IPO Details
| Phantom Digital Effects IPO Date | Oct 12, 2022 to Oct 14, 2022 |
| Phantom Digital Effects IPO Face Value | ₹10 per share |
| Phantom Digital Effects IPO Price | ₹91 to ₹95 per share |
| Phantom Digital Effects IPO Lot Size | 1200 Shares |
| Issue Size | 3,063,600 shares of ₹10 (aggregating up to ₹29.10 Cr) |
| Fresh Issue | 2,640,000 shares of ₹10 (aggregating up to ₹25.08 Cr) |
| Offer for Sale | 423,600 shares of ₹10 (aggregating up to ₹4.02 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| QIB Shares Offered | Not more than 50% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| Company Promoters | Mr. Bejoy Arputharaj Sam Manohar is the company Promoter. |
Phantom Digital Effects IPO Timeline
Phantom Digital Effects IPO opens on Oct 12, 2022, and closes on Oct 14, 2022. The Phantom Digital Effects IPO bid date is from Oct 12, 2022 10.00 A.M. to Oct 14, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Date |
|---|---|
| Phantom Digital Effects IPO Opening Date | Oct 12, 2022 |
| Phantom Digital Effects IPO Closing Date | Oct 14, 2022 |
| Basis of Allotment | Oct 19, 2022 |
| Initiation of Refunds | Oct 20, 2022 |
| Credit of Shares to Demat | Oct 21, 2022 |
| Phantom Digital Effects IPO Listing Date | Oct 25, 2022 |
Phantom Digital Effects IPO Lot Size
The Phantom Digital Effects IPO lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹114,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹114,000 |
| Retail (Max) | 1 | 1200 | ₹114,000 |
Phantom Digital Effects IPO Promoter Holding
| Pre Issue Share Holding | 87.38% |
| Post Issue Share Holding | 63.92% |
Phantom Digital Effects IPO Review
PDEL has reported bumper profits for FY22 and for Q1 of FY23 and based on this, the issue appears fully priced. While such results raise eyebrows, it is also a concern for the sustainability of similar trends going forward as the segment is highly competitive. Well-informed/cash surplus/risk seekers may consider investing in this IPO. Read detail review…
Phantom Digital Effects IPO Prospectus
Company Contact Information
Phantom Digital Effects Limited
6th Floor, Tower B,
One India Bulls Park, Plot No.14,
3rd Main Road, Ambattur, Chennai – 600058
Phone: + 91 44 43846228
Email: cs@phantom-fx.com/
Website: https://www.phantom-fx.com/index.php
Phantom Digital Effects IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: http://www.purvashare.com