Optimystix Entertainment India has launched its initial public offering (IPO) for public subscription on August 7, targeting to raise up to ₹107.88 crore. The price band has been fixed at ₹165-174 per share, valuing the company at ₹405 crore. The IPO comprises a fresh issue of 50 lakh equity shares worth ₹87 crore, while founder and promoter Vipul D. Shah will raise ₹20.88 crore by offloading 12 lakh shares through an offer for sale (OFS). The one-day anchor book will open on August 6, while the public issue will remain open until August 11.
The share allotment is expected to be finalised by August 12, and the company's shares are likely to be listed on the NSE Emerge platform on August 14. Optimystix Entertainment will be the fourth SME company to launch its public issue in the first week of August, alongside Anawil Wire & Engineering, Aegeus Technologies, and LAPL Automotive. The issue allocation includes 50% for qualified institutional buyers (QIBs), 35% for retail investors, and 15% for non-institutional investors (NIIs).
Incorporated in 2000, Optimystix Entertainment creates content for television, films, and digital platforms. The company has produced more than 150 television shows, including Comedy Circus, Crime Patrol, Laughter Chefs, Baalveer, Rising Star, Saas Bina Sasural, and Ladies Special. It has also produced six films, including OMG 2, The Diplomat, Double XL, and Dear Jassi, besides two web series—Candy and Lukkha. The company reported strong financial performance with profit growing 39% to ₹24 crore in FY26 from ₹17.2 crore in the previous year, while revenue increased 8.5% to ₹135 crore from ₹124.4 crore during the same period.
Post-issue, the promoters' shareholding in the company will decline to 52.29% from 76.61% currently, while the public shareholding will increase to 42.06%. T-Series owner Super Cassettes Industries, with a 6.56% stake, is the largest public shareholder in Optimystix Entertainment, followed by individual investors Manisha Gupta (2.13%), Rahul Mahesh Agarwal (1.91%), and Ankit Agarwal (1.37%). The company intends to utilise ₹64.37 crore from the net fresh issue proceeds towards working capital requirements, while the remaining funds will be used for general corporate purposes.
LSI Financial Services and Nexgen Financial Solutions have been appointed as the book-running lead managers for the Optimystix Entertainment India IPO. The company's content creation spans across multiple platforms, with productions ranging from popular television shows to feature films and web series, positioning it as a comprehensive entertainment content provider in the Indian market.
