Open SME IPO OEIL

Optimystix Entertainment India

Optimystix Entertainment India Limited is an entertainment content company engaged in the production of television serials, digital content, and films. The company’s revenue from operations is primarily derived from the creation, production, and delivery of its content to various platforms. Its business is diversified across three main segments: Television Programming, OTT/Web Series Content, and the Production and distribution of Films and associated rights. The company’s model relies on producing content for major broadcasters, film studios, and OTT streaming platforms, with arrangements typically made on a project-by-project basis. A significant portion of its revenue is dependent on a limited number of these major customers. The company operates a dedicated film and OTT business division, Wakaoo Films, and has also entered into strategic partnerships for co-producing films.

IPO Details

Complete IPO information

Current GMP ₹5
Estimated Listing Gain +2.86%
Price Band ₹166.00 - ₹175.00
Issue Price ₹175.00
Listing Price TBA
Lot Size 800 Shares
Issue Type SME
Issue Size Approx ₹108.50 Cr
Registrar TBA
Exchange NSE, BSE
Retail Quota TBA
Overall Subscription 0.62x
Listing Date 14 Aug 2026
Minimum Investment ₹2,80,000
Timeline

IPO roadmap at a glance

01
Bidding Opens 07 Aug 2026
02
Bidding Closes 11 Aug 2026
03
Allotment 12 Aug 2026
04
Listing 14 Aug 2026
Grey Market Premium

Daily GMP status

Date GMP Change Gain
07 Aug 2026 ₹5.00 - 2.86%
Market Lot

Application size breakdown

Category Lots Shares Amount
Retail Minimum 2 Lot 1,600 ₹2,80,000
Retail Maximum 2 Lot 1,600 ₹2,80,000
S-HNI Minimum 3 Lot 2,400 ₹4,20,000
S-HNI Maximum 7 Lot 5,600 ₹9,80,000
B-HNI Minimum 8 Lot 6,400 ₹11,20,000
Issue Notes

Important takeaways before applying

Strengths

  • Established track record of over 25 years in the Indian entertainment industry.
  • Diverse content portfolio across television, films, and digital platforms.
  • Long-standing relationships with major broadcasters and OTT platforms.
  • End-to-end in-house production capabilities from ideation to post-production.
  • Creator of iconic, long-running shows and recognised with over 60 industry awards.

Risks

  • A significant portion of revenue is dependent on a limited number of customers.
  • Business is subject to the evolving and unpredictable nature of audience preferences.
  • Arrangements with broadcasters and platforms are typically project-based with no guarantee of renewal.
  • The loss of key customers could materially and adversely affect business and financial results.
  • This is the first public offering of shares, so there is no prior market for them.
Analysis

Optimystix Entertainment IPO Details

Optimystix Entertainment Limited is launching its Initial Public Offering (IPO) through the Book Building Issue route. The IPO consists of a combination of a Fresh Issue of equity shares and an Offer for Sale (OFS) by existing shareholders. The proceeds from the fresh issue are expected to support the company's expansion plans, business operations, and general corporate purposes, while the OFS allows eligible shareholders to partially monetize their investment.

The equity shares of Optimystix Entertainment Limited are proposed to be listed on the NSE SME platform. Investors can subscribe to the IPO during the issue period at the announced price band.

Particular Details
IPO Open Date August 7, 2026
IPO Close Date August 11, 2026
Face Value ₹10 Per Equity Share
IPO Price Band ₹166 to ₹175 Per Share
Issue Size Approx ₹108.50 Crores
Fresh Issue Approx ₹87.50 Crores
Offer for Sale (OFS) Approx 12,00,000 Equity Shares
Issue Type Book Building Issue
IPO Listing NSE SME
Analysis

Optimystix Entertainment IPO Reservation

The Optimystix Entertainment IPO follows the SEBI-prescribed reservation structure for a Book Building Issue. The IPO is allocated among Anchor Investors, Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs), ensuring balanced participation from institutional and retail investors.

The category-wise reservation of shares is provided below. The final allotment in each category will be determined after the IPO closes based on investor demand and the Basis of Allotment finalized by the registrar.

Investor Category Shares Offered Reservation (%)
Anchor Investor 16,70,400 Shares 26.94%
Qualified Institutional Buyers (QIB) (Excluding Anchor) 11,16,000 Shares 18.00%
Non-Institutional Investors (NII) 8,40,000 Shares 13.55%
Retail Individual Investors (RII) 19,53,600 Shares 31.51%
Note: The above reservation details are based on the proposed IPO structure. The final allocation of shares across investor categories will be completed after the issue closes in accordance with SEBI regulations and the approved basis of allotment.
Analysis

Optimystix Entertainment IPO Anchor Investors

Optimystix Entertainment Limited has reserved a portion of its IPO for eligible Anchor Investors before the public issue opens for subscription. Anchor investors are Qualified Institutional Buyers (QIBs) who participate in the IPO one working day before the issue opens, helping improve price discovery and strengthen market confidence in the public offering.

The details below include the anchor bidding schedule, number of shares reserved, proposed anchor issue size, and the applicable SEBI-prescribed lock-in periods. The final list of anchor investors will be announced after the completion of the anchor allocation process.

Particular Details
Anchor Bidding Date August 6, 2026
Anchor Investors List To be announced
Shares Offered 16,70,400 Shares
Anchor Issue Size [.] Crores
Lock-in Period End Date (50% Shares – 30 Days) 2026
Lock-in Period End Date (Remaining 50% Shares – 90 Days) 2026
Note: The final anchor investor list, anchor issue size, and exact lock-in period end dates will be updated after the completion of the anchor allocation process. The lock-in period for anchor investors will be applicable in accordance with SEBI regulations.
Analysis

Optimystix Entertainment IPO Dates

The Optimystix Entertainment IPO will open for subscription on August 7, 2026 and close on August 11, 2026. The basis of allotment is expected to be finalized on August 12, 2026. Refunds for unsuccessful applicants and the credit of allotted equity shares to successful investors' demat accounts are scheduled for August 13, 2026.

The equity shares of Optimystix Entertainment Limited are proposed to be listed on the NSE SME platform on August 14, 2026. Investors should keep track of these important dates to monitor the IPO subscription, allotment process, and listing schedule.

IPO Event Date
IPO Open Date August 7, 2026
IPO Close Date August 11, 2026
Basis of Allotment August 12, 2026
Refunds August 13, 2026
Credit to Demat Account August 13, 2026
IPO Listing Date August 14, 2026
Note: The above IPO schedule is tentative and may be revised by the company, the registrar, or the stock exchange. Investors should refer to the official IPO documents and exchange announcements for the latest updates regarding the issue timeline.
Analysis

Optimystix Entertainment IPO Promoters and Holding Pattern

The promoters of Optimystix Entertainment Limited have played an important role in the company's growth and expansion within the entertainment and media industry. Following the IPO, the promoter group will continue to retain a significant stake in the company while public shareholding will increase through the fresh issue and Offer for Sale (OFS).

The table below presents the promoter and public shareholding pattern before and after the IPO based on the proposed issue structure.

Promoters of Optimystix Entertainment Limited

  • Optimystix Media Pvt. Ltd.
  • Rajesh Darshan Bahl
  • Sanjay Dhirajlal Shah
  • Vipul D. Shah
Category Pre IPO Shares Pre IPO Holding Post IPO Shares Post IPO Holding
Promoter and Promoter Group 1,41,77,800 77.61% 1,29,77,800 55.77%
Others* 40,91,100 22.39% 1,02,91,100 44.23%
Total 1,82,68,900 100% 2,32,68,900 100%
Note: The post-IPO shareholding pattern is based on the proposed issue structure and may change after the final allotment of shares. Following the listing, the promoter group is expected to retain majority ownership while complying with SEBI's minimum public shareholding requirements.
Analysis

Optimystix Entertainment IPO Objects of the Issue & Utilisation of Proceeds

Optimystix Entertainment Limited intends to utilize the net proceeds from its Initial Public Offering (IPO) primarily to strengthen its working capital position. Adequate working capital will enable the company to support ongoing business operations, finance future growth, improve operational efficiency, and meet day-to-day funding requirements across its entertainment and media business.

The remaining proceeds, if any, will be utilized for general corporate purposes in accordance with the objectives outlined in the offer documents and applicable regulatory requirements.

Purpose Amount
Working Capital Requirements ₹55.88 Crores
General Corporate Purposes ₹-
Note: The proposed utilization of IPO proceeds is based on the objectives disclosed in the Draft Red Herring Prospectus (DRHP)/Red Herring Prospectus (RHP). The company may revise the utilization of funds in accordance with business requirements and applicable regulatory guidelines.
Analysis

Optimystix Entertainment About Ipo


Incorporated in 2000, Optimystix Entertainment India Limited is a content production company that creates television shows, films, and digital content. It has produced over 150 TV shows and more than 7,500 hours of original programming for leading broadcasters.


The company produces both fiction and non-fiction content, with popular shows including Laughter ChefsBaalveerRising StarSaas Bina Sasural, and Ladies Special. Its comedy, crime, and children’s shows are among the longest-running formats in the Indian entertainment industry. 


Optimystix has won over 60 industry awards for its creative work and has built strong relationships with broadcasters, studios, and OTT platforms, helping it secure repeat business and maintain a diversified revenue stream.

Analysis

Optimystix Entertainment IPO Company Financial Report

Optimystix Entertainment Limited has delivered strong financial growth over the last three financial years. The company has reported a significant increase in revenue, improving profitability, and continuous growth in its asset base, reflecting healthy operational performance and expanding business activities ahead of its Initial Public Offering (IPO).

The financial summary below presents the company's revenue, expenses, Profit After Tax (PAT), and total assets for the reported financial years. These audited financial figures provide investors with an overview of Optimystix Entertainment Limited's historical financial performance and financial position before its proposed listing.

Period Ended Revenue Expense PAT Assets
2024 ₹55.88 Cr. ₹50.86 Cr. ₹6.69 Cr. ₹105.81 Cr.
2025 ₹125.07 Cr. ₹100.72 Cr. ₹17.24 Cr. ₹138.93 Cr.
2026 ₹135.89 Cr. ₹104.70 Cr. ₹24.04 Cr. ₹166.80 Cr.
Amount in ₹ Crores: The above financial figures are based on the audited financial statements disclosed by Optimystix Entertainment Limited in its IPO documents. These figures provide a summary of the company's historical financial performance and financial position prior to its proposed listing.
Analysis

Optimystix Entertainment IPO Valuation – FY2026

The valuation metrics of Optimystix Entertainment Limited provide investors with insights into the company's profitability, financial strength, operational efficiency, and overall valuation before the IPO. Key indicators such as Earnings Per Share (EPS), Return on Equity (ROE), Return on Capital Employed (ROCE), EBITDA Margin, Return on Net Worth (RoNW), Debt-to-Equity Ratio, and Net Asset Value (NAV) help investors evaluate the company's financial performance and investment potential.

Based on the FY2026 audited financial statements, Optimystix Entertainment has reported healthy profitability, strong operating margins, and efficient utilization of shareholders' funds. The final Price-to-Earnings (P/E) ratio will be determined after the IPO price is finalized and the company's equity shares are listed on the NSE SME platform.

KPI Values
ROE 18.23%
ROCE 23.05%
EBITDA Margin 23.04%
PAT Margin 17.81%
Debt to Equity Ratio
Earning Per Share (EPS) ₹13.36 (Basic)
Price / Earnings (P/E) Ratio N/A
Return on Net Worth (RoNW) 18.23%
Net Asset Value (NAV) ₹71.97
Note: The above valuation metrics are based on the FY2026 audited financial statements of Optimystix Entertainment Limited. The final Price-to-Earnings (P/E) ratio will be available after the IPO price is finalized and the company's equity shares are listed on the NSE SME platform.
Analysis

Optimystix Entertainment IPO Peer Group Comparison

Optimystix Entertainment Limited operates in the entertainment and media production industry. Comparing the company with other listed players in the sector helps investors evaluate its profitability, valuation, financial efficiency, and growth potential relative to established peers.

The table below compares key financial metrics such as Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), Net Asset Value (NAV), and income of comparable listed companies.

Company EPS P/E Ratio RoNW (%) NAV (₹) Income
Panorama Studios International Ltd 0.60 83.20 4.52% 8.48 – Cr.
Cinevista Ltd 1.06 14.19 11.00% 9.80 – Cr.
Balaji Telefilms Ltd (4.09) (21.95) 7.99% 5.19 – Cr.
Note: The peer group comparison is based on financial information disclosed in the IPO offer documents. Investors should consider these metrics along with Optimystix Entertainment Limited's financial performance, valuation, business model, and future growth prospects before making an investment decision.
Analysis

IPO Lead Managers aka Merchant Bankers

  • NEXGEN Financial Solutions Pvt. Ltd.
  • LSI Financial Services Pvt. Ltd.
FAQ

Optimystix Entertainment India IPO FAQs

Optimystix Entertainment India IPO GMP today is Rs 5. Investors can use this GMP along with price band and subscription status for a better IPO review.
Optimystix Entertainment India IPO price band is Rs 166.00 to Rs 175.00. Check the latest issue price, lot size and GMP together before applying.
Optimystix Entertainment India IPO open date is 07 Aug 2026, close date is 11 Aug 2026, and listing date is 14 Aug 2026.
Optimystix Entertainment India IPO lot size is 800 shares. The minimum retail investment is Rs 2,80,000.
Optimystix Entertainment India is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Optimystix Entertainment India IPO subscription status currently shows Retail 0.38x, QIB 0.91x, Overall 0.62x.
Optimystix Entertainment India Limited is an entertainment content company engaged in the production of television serials, digital content, and films. The company’s revenue from operations is primarily derived from the creation, production, and delivery of its content to various platforms. Its business is diversified across three main segments: Television Programming, OTT/Web Series Content, and the Production and distribution of Films and associated rights. The company’s model relies on producing content for major broadcasters, film studios, and OTT streaming platforms, with arrangements typically made on a project-by-project basis. A significant portion of its revenue is dependent on a limited number of these major customers. The company operates a dedicated film and OTT business division, Wakaoo Films, and has also entered into strategic partnerships for co-producing films.
Optimystix Entertainment India IPO issue size is 108.50 and the expected allotment date is 12 Aug 2026.
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