Optimystix Entertainment India IPO
Optimystix Entertainment India IPO — dates, price band, GMP & allotment.
Timetable
Issue Summary
| Price Band | ₹166-175 |
| Face Value | ₹10 |
| Lot Size | 800 Shares |
| Issue Size | ₹108.5 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | NSE SME |
| NSE Symbol | OPTIMYSTIX-SM.NS |
| BSE Scrip Code | OPTIMYSTIX |
| Min Investment | ₹140,000 |
Reservation
What Will It Cost Me?
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹140,000 |
| Retail (Max) | 1 | 800 | ₹140,000 |
| HNI (Min) | 2 | 1,600 | ₹280,000 |
Strengths & Risks
Strengths
- Profit has grown strongly for three years, from Rs 6.69 crore in FY2024 to Rs 17.24 crore in FY2025 and Rs 24.04 crore in FY2026.
- Total income more than doubled in two years, from Rs 54.99 crore in FY2024 to Rs 135.89 crore in FY2026.
- The company is practically debt free. Total borrowing was only Rs 0.09 crore in FY2024 and nil in the two years after that.
- Net worth has grown well, from Rs 59.66 crore in FY2024 to Rs 131.47 crore in FY2026.
- EBITDA rose sharply from Rs 4.48 crore in FY2024 to Rs 31.10 crore in FY2026.
- It has a long record of over 25 years and more than 150 TV shows with 7,500 hours of programming.
- Television serials give regular monthly billing, which is steadier than film income alone.
- It has worked with all the major broadcasters and has also moved into films and OTT, so the revenue base is spread across formats.
Risks
- Growth has slowed in the latest year. Total income rose only 9% in FY2026, from Rs 125.07 crore to Rs 135.89 crore, against a very big jump the year before.
- The whole business depends on a small number of broadcasters. If a channel stops a show or does not renew it, revenue falls at once.
- Content is a hit or miss business. A show can be taken off air quickly if ratings drop, and a film can fail at the box office.
- The company is very small in people terms with only 38 full time employees, so it depends heavily on the promoters and a few key creative persons.
- Promoter holding falls sharply from 77.61% to 53.04% after the issue, which is close to the halfway mark.
- Rs 55.88 crore of the money is for working capital. In this business, money stays blocked in shows already made but not yet paid for.
- Competition is heavy from large production houses and from OTT platforms that now make their own content in-house.
- This is an SME issue. One lot is 800 shares, which is about Rs 1.40 lakh at the upper band of Rs 175, and SME shares usually trade in low volume after listing.
Valuation & Key Ratios
Financials (Rs. Crore)
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 166.80 | 138.93 | 105.81 |
| Total Income | 135.89 | 125.07 | 54.99 |
| Profit After Tax | 24.04 | 17.24 | 6.69 |
| EBITDA | 31.10 | 23.93 | 4.48 |
| NET Worth | 131.47 | 97.19 | 59.66 |
| Reserves and Surplus | 113.20 | 96.65 | 59.30 |
| Total Borrowing | 0.09 |
About The Company
Optimystix Entertainment India Limited was started in 2000. The company makes content for television, films and digital platforms. Till now it has produced more than 150 television shows and over 7,500 hours of original programming for the big national channels.
The company works in both fiction and non-fiction formats. Its well known shows include Laughter Chefs, Baalveer, Rising Star, Saas Bina Sasural and Ladies Special. Its comedy, crime and children shows are among the longest running formats on Indian television. It has also produced films such as OMG 2 with Akshay Kumar, Pankaj Tripathi and Yami Gautam, The Diplomat with John Abraham, and Khel Khel Mein.
The company has won more than 60 industry awards and works regularly with broadcasters, studios and OTT platforms, which gives it repeat business. As on 30 July 2026 it had 38 full time employees.
Company & Registrar
Subscription By Category
| Category | Subscribed | Shares Offered | Shares Bid For |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 1.84× | 1,116,000 | — |
| Non-Institutional Investors (NII) | 1.49× | 1,460,000 | — |
| Retail Individual Investors (RII) | 2.26× | 1,953,600 | — |
| Employee | 0× | — | — |
| Total | 1.91× | 4,529,600 | — |
GMP History
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