OPTIMYSTIX ENTERTAINMENT IPO
OPTIMYSTIX ENTERTAINMENT is a NSE SME IPO with a current status of LISTED. The price band is 166 - 175. The issue opens on O7 AUG and closes on 11 AUG. The listing date is 14 AUG.
Price Band
166 - 175
Unofficial GMP
₹1
Lot Size
800 shares
Minimum Investment
₹2,80,000
OPTIMYSTIX ENTERTAINMENT IPO GMP
The latest available GMP is ₹1. Grey Market Premium is unofficial, may change frequently and does not guarantee the listing price, listing gains or investment returns.
Estimated Listing Price
₹176.00
Estimated Gain
+0.6%
OPTIMYSTIX ENTERTAINMENT IPO GMP History
0
05 AUG
5
06 AUG
5
07 AUG
5
09 AUG
5
10 AUG
1
11 AUG
OPTIMYSTIX ENTERTAINMENT IPO Details
- IPO Type
- NSE SME
- Status
- LISTED
- Price Band
- 166 - 175
- Issue Size
- 108.50 Cr
- Issue Type
- Book Build Issue
- Fresh Issue
- ₹76.65 Cr
- Offer for Sale
- ₹21.00 Cr
- Face Value
- 10
- Lot Size
- 800
- Minimum Investment
- 2,80,000
- Exchange
- NSE SME
- Registrar
- Maashitla Securities Pvt.Ltd.
- Lead Managers
- NEXGEN Financial Solutions Pvt.Ltd.
- Market Maker
- ₹10.85 Cr
OPTIMYSTIX ENTERTAINMENT IPO Dates
- Open Date
- O7 AUG
- Close Date
- 11 AUG
- Allotment Date
- 12 AUG
- Refund Date
- 12 AUG
- Demat Credit Date
- 12 AUG
- Listing Date
- 14 AUG
OPTIMYSTIX ENTERTAINMENT IPO Subscription
- QIB
- 1.30X
- NII / HNI
- 0.93X
- Retail
- 1.61X
- Total
- 1.31X
OPTIMYSTIX ENTERTAINMENT IPO Financials
Revenue
FY2026
₹134.99 Cr
+8.52% vs FY2025
PAT
FY2026
₹24.04 Cr
+39.44% vs FY2025
Total Assets
FY2026
₹166.80 Cr
+20.15% vs FY2025
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 54.76 | 124.39 | 134.99 |
| Net Profit | 6.69 | 17.24 | 24.04 |
| Total Assets | 105.70 | 138.83 | 166.80 |
OPTIMYSTIX ENTERTAINMENT IPO Valuation
- Valuation
- FAIR
OPTIMYSTIX ENTERTAINMENT IPO Market Lot
| Category | Lots | Shares | Investment |
|---|---|---|---|
| Retail Minimum | 2 | 1,600 | ₹2,80,000 |
| Retail Maximum | 2 | 1,600 | ₹2,80,000 |
| Small HNI | 3 | 2,400 | ₹4,20,000 |
| Big HNI | 8 | 6,400 | ₹11,20,000 |
OPTIMYSTIX ENTERTAINMENT IPO Reservation
- QIB
- 49.94%
- NII / HNI
- 15.05%
- Retail
- 35.01%
OPTIMYSTIX ENTERTAINMENT Promoter Holding and Anchor Allocation
- Pre-IPO Promoter Holding
- 77.61%
- Post-IPO Promoter Holding
- 55.77%
- Anchor Allocation
- 22.39%
OPTIMYSTIX ENTERTAINMENT Company Overview
COMPANY OVERVIEW 1. Optimystix Entertainment India Limited is an established Indian television and digital-content production company with more than two decades of experience in entertainment programming. The company traces its origins to 2000/2001 and operates in the development, creation and production of content for television broadcasters, OTT/digital platforms and other media customers. Its own website highlights a diversified catalogue of fiction and non-fiction programming across comedy, drama, reality, crime and kids' entertainment 2. Optimystix has been associated with several recognised television programmes. Its current and recent portfolio displayed by the company includes Laughter Chefs, Baalveer, Crime Aaj Kal, Tulsi Hamari Badi Sayani, and other entertainment properties. Historically, the company has worked across both fiction and non-fiction formats, providing it with experience in multiple genres and audience categories. 3. The company's customers primarily include leading television broadcasters and digital/OTT platforms. This gives Optimystix access to large audiences but also creates customer-concentration risk. Its top ten customers accounted for approximately 95.81% of FY26 revenue, showing the significance of a relatively limited group of clients. 4. Financially, the company has shown substantial improvement. Revenue increased from approximately ₹54.76 crore in FY24 to ₹124.39 crore in FY25 and ₹134.99 crore in FY26. PAT rose from ₹6.69 crore to ₹17.24 crore and then ₹24.04 crore during the same period. At the same time, the balance sheet became almost debt-free, with debt falling from ₹0.44 crore in FY24 to ₹0.09 crore in FY25 and effectively nil in FY26.
OPTIMYSTIX ENTERTAINMENT Business Model
BUSINESS MODEL 1. Optimystix's business model revolves around developing, producing and delivering entertainment content for broadcasters, television channels and digital platforms. It identifies audience and programming requirements, conceptualises show formats, manages writers and creative teams, organises casting, sets, shoots and post-production, and delivers completed episodes or programmes to media customers. 2. Unlike companies primarily dependent on advertising or owning television channels, Optimystix functions mainly as a content production house. Revenue is therefore tied to programme commissioning, production contracts and content-related arrangements with broadcasters and OTT/digital clients. 3. The company produces content across different genres, including comedy, drama, reality, crime, children's programming and fiction/non-fiction formats. This genre diversification can reduce dependence on one particular type of television programme. Optimystix's own portfolio includes properties such as Laughter Chefs, Baalveer and crime/drama programming. 4. A major requirement of this business is working capital. Production houses frequently incur production expenditure before receiving complete payments from broadcasters. This explains why the largest planned use of IPO proceeds is incremental working capital rather than repayment of large debt or construction of factories. 5. The company proposes to deploy approximately ₹64.38 crore of fresh-issue proceeds towards additional working-capital requirements, while the remaining eligible amount is intended for general corporate purposes. 6. The model can scale if Optimystix increases the number of commissioned programmes and expands relationships with television and digital platforms. However, content success, client renewals, production costs and working-capital collection remain critical variables.
OPTIMYSTIX ENTERTAINMENT Objects of the Issue
The major object of the fresh issue is: Funding incremental working-capital requirements – approximately ₹64.38 crore
OPTIMYSTIX ENTERTAINMENT Strengths
STRENGTHS 1. Optimystix's strongest positive is its long operating history and established position in Indian television content production. The company has been operating for more than two decades and has worked across multiple entertainment genres. Its ability to produce fiction as well as non-fiction content gives it greater diversification than a production house focused on only one programming format. 2. The second major strength is its recent financial performance. Revenue increased from ₹54.76 crore in FY24 to ₹124.39 crore in FY25 and ₹134.99 crore in FY26. PAT rose much more strongly, from ₹6.69 crore in FY24 to ₹17.24 crore in FY25 and ₹24.04 crore in FY26. The rise in profitability resulted in FY26 RoNW of around 18.23% and EBITDA margin of approximately 23%. 3. A particularly important strength is the balance sheet. The company had approximately ₹0.44 crore debt in FY24, only ₹0.09 crore in FY25 and effectively negligible debt by FY26. This means Optimystix enters the IPO with very low financial leverage, materially reducing interest-payment and refinancing risk. 4. Another positive is that IPO proceeds are largely intended for working capital. Because content production can require funding before customer collections arrive, additional working capital can support larger production volumes without relying heavily on external borrowing. Lastly, the company already maintains relationships with large media/broadcast customers, demonstrating the ability to win and execute significant content assignments.
OPTIMYSTIX ENTERTAINMENT Risks
RISKS 1. The biggest risk is customer concentration. Optimystix's top ten customers contributed approximately 95.81% of FY26 revenue. Although these relationships can indicate recurring business with leading broadcasters and platforms, dependence on a small group of customers means the loss or reduction of orders from even one major broadcaster could materially affect revenue and profits. 2. The second major risk is the nature of the entertainment industry. Television and digital-content preferences change rapidly. A successful programme can produce attractive margins, but content may fail to attract audiences, seasons may not be renewed, broadcaster strategies may change, and viewing can shift between traditional television and digital platforms. 3. The company is also exposed to working-capital risk. Production expenses, artist payments, sets, technical crews and other costs may have to be incurred before the complete amount is recovered from customers. The fact that approximately ₹64.38 crore of fresh-issue proceeds is intended for incremental working capital illustrates the importance of working capital to its model. 4. Another risk is competition. The Indian entertainment-content market includes listed and private production houses such as Balaji Telefilms, Cinevista, Panorama Studios and numerous independent producers. Competition can put pressure on production contracts, talent costs and margins. 5. The IPO is also an SME listing, which can carry greater post-listing liquidity and volatility risk than many mainboard companies. Finally, current GMP is only around ₹5, so investors expecting significant immediate listing gains currently have limited grey-market support.
OPTIMYSTIX ENTERTAINMENT Frequently Asked Questions
What is the OPTIMYSTIX ENTERTAINMENT IPO price band?
The OPTIMYSTIX ENTERTAINMENT IPO price band is 166 - 175.
What is the latest OPTIMYSTIX ENTERTAINMENT IPO GMP?
The latest available OPTIMYSTIX ENTERTAINMENT IPO GMP in the IPOWEB database is ₹1. GMP is unofficial and does not guarantee a listing gain.
When does the OPTIMYSTIX ENTERTAINMENT IPO open and close?
The OPTIMYSTIX ENTERTAINMENT IPO opens on O7 AUG and closes on 11 AUG.
When is the OPTIMYSTIX ENTERTAINMENT IPO allotment date?
The OPTIMYSTIX ENTERTAINMENT IPO allotment date is 12 AUG.
When is the OPTIMYSTIX ENTERTAINMENT IPO listing date?
The OPTIMYSTIX ENTERTAINMENT IPO listing date is 14 AUG.
What is the OPTIMYSTIX ENTERTAINMENT IPO subscription?
The latest total subscription available for the OPTIMYSTIX ENTERTAINMENT IPO is 1.31X.