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Home Industry Brief

Digikore Studios Limited files DRHP with NSE Emerge

by MN4U Bureau
September 1, 2023
in Industry Brief
Reading Time: 1 min read
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Digikore Studios Limited files DRHP with NSE Emerge
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Digikore Studios Limited (Digikore), a renowned visual effects (VFX) studio in India, has announced its plans to enter the primary market with an initial public offering (IPO) of 17,82,400 equity shares, comprising a fresh issue of 12,60,800 equity shares and an Offer for Sale (OFS) of 5,21,600 equity shares. Digikore has filed its Draft Red Herring Prospectus (DRHP) with NSE Emerge in preparation for the SME IPO segment.

Sarthi Capital Advisors Private Limited has been appointed as the Book Running Lead Manager to the Offer, while Bigshare Services Private Limited will serve as the Registrar to the Offer.

Digikore also successfully concluded its pre-IPO funding round with notable investments from industry luminaries. Renowned investors including Nikhil Vora, Mrinal Singh, Pramod Kasat, and more, have demonstrated their confidence in Digikore’s potential.

Established in 2000 by Abhishek More, Digikore Studios is among a select few VFX studios in India to have worked on over 200+ Hollywood films and TV series, including Thor: Love and Thunder, Black Panther: Wakanda Forever, Deadpool, Star Trek, Jumanji, Stranger Things and Game of Thrones. Notably, Digikore Studios stands among the select few studios in India that have undergone audits and garnered approval from esteemed entities such as TPN, Disney/ Marvel, Netflix, Amazon, Apple, Paramount Warner Bros. and Lionsgate.

The OTT boom has led to exponential growth in the VFX industry. Having earned the trust and recognition from key industry players including Disney/Marvel, Netflix, Apple, Paramount etc., Digikore Studios is well positioned to become a global VFX major.

As Digikore Studios ventures toward listing on NSE Emerge, it continues to redefine visual storytelling, technological innovation, and financial growth. The studio’s journey unfolds, promising limitless creativity and potential.

Feedback: [email protected]

(This information is published from a press release.)

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