Optimystix Entertainment India IPO
Optimystix Entertainment India IPO was a book-built SME issue of ₹108.50 crore, comprising a Fresh Issue of ₹87.50 crore and an Offer for Sale of ₹21.00 crore. The price band was ₹166 to ₹175 per share, with a lot size of 800 shares and a minimum applicat
Optimystix Entertainment India IPO Details
Optimystix Entertainment India IPO opened for public subscription on August 7, 2026 and closed on August 11, 2026. The basis of allotment was finalized on August 12, refunds and Demat credit were initiated on August 13, and the shares were listed on the NSE SME platform on August 14, 2026. The final issue price was ₹175 per share and the shares listed at ₹180 per share.
Optimystix Entertainment India IPO GMP
The reported GMP for Optimystix Entertainment IPO was ₹0 on the final day of subscription, August 11, 2026, against the upper issue price of ₹175. Earlier grey-market indications had shown a premium of around ₹5 on August 6, 8, 9 and 10. GMP is unofficial grey-market information and does not guarantee the actual listing price.
Optimystix Entertainment India IPO Timeline (Tentative)
Optimystix Entertainment India IPO opened on August 7, 2026 and closed on August 11, 2026. The basis of allotment was finalized on August 12, followed by refund initiation and Demat credit on August 13. The shares were listed on the NSE SME platform on August 14, 2026.
| Event | Tentative Date |
|---|---|
| IPO Open Date | Fri, Aug 7, 2026 |
| IPO Close Date | Tue, Aug 11, 2026 |
| Basis of Allotment | Wed, Aug 12, 2026 |
| Initiation of Refunds | Thu, Aug 13, 2026 |
| Credit of Shares to Demat | Thu, Aug 13, 2026 |
| Listing Date | Fri, Aug 14, 2026 |
| IPO Opens | August 7, 2026 |
| IPO Closes | August 11, 2026 |
| Basis of Allotment | August 12, 2026 |
| Refund Initiation | August 13, 2026 |
| Credit of Shares to Demat | August 13, 2026 |
| Listing Date | August 14, 2026 |
Optimystix Entertainment India IPO Lot Size
The Optimystix Entertainment India IPO lot size was 800 shares. Retail investors were required to apply for a minimum of 2 lots, or 1,600 shares, at the upper price band of ₹175. This resulted in a minimum retail investment of ₹2,80,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | 2,80,000 |
| Retail (Max) | 2 | 1,600 | 2,80,000 |
| S-HNI (Min) | 3 | 2,400 | 4,20,000 |
| S-HNI (Max) | 7 | 5,600 | 9,80,000 |
| B-HNI (Min) | 8 | 6,400 | 11,20,000 |
Optimystix Entertainment India IPO Reservation
The IPO allocation included Qualified Institutional Buyers, Non-Institutional Investors, Retail Individual Investors, anchor investors and market makers. The reported allocation was 18% for QIBs, 13.55% for NIIs and 31.51% for retail investors, with the remaining shares allocated to anchor investors and market makers.
Optimystix Entertainment India IPO Subscription
Optimystix Entertainment India IPO was subscribed approximately 2.21 times overall by the close of bidding. QIBs subscribed 1.84 times, NIIs 2.59 times and Retail Individual Investors 2.26 times.
| Category | Subscription (times) |
|---|---|
| QIB | 1.84x |
| NII | 2.59x |
| RII | 2.26x |
| Total | 2.21x |
About Optimystix Entertainment India
Optimystix Entertainment India Limited is a media and entertainment company engaged in creating and producing content for television, films and digital platforms. The company was originally incorporated as Optimystix Entertainment India Private Limited on October 31, 2000 and was subsequently converted into a public limited company in 2025.
The company develops and produces entertainment programming across fiction and non-fiction formats. Its business covers television content, films, digital and OTT programming and other entertainment-related content.
Since its inception, the company has produced more than 150 television shows comprising more than 7,500 hours of original programming across major national broadcasters. Its experience extends across multiple entertainment formats and distribution platforms.
Optimystix generates revenue through commissioned television programming, film production and distribution, OTT and web-series content and other content-related activities. Its clients and broadcast relationships have included major television networks and entertainment platforms.
The company has also been exploring technology-led content production. It received early access to Google's Veo 3 generative video technology and has been piloting AI-based workflows across content development, production and post-production.
Strengths
- More than two decades of experience in the Indian entertainment industry.
- Track record of producing television content across fiction and non-fiction formats.
- Experience across television, films and digital platforms.
- Large library of produced television programming.
- Relationships with broadcasters, studios and digital platforms.
- Ability to create content across multiple entertainment genres.
- Diversification into digital and OTT content.
- Focus on developing original content and intellectual property.
- Adoption of emerging AI-based content-production technologies.
- Experienced promoter and management team.
Risks to Consider
- Revenue depends on the continued demand for television, film and digital entertainment content.
- Audience preferences can change quickly and affect the commercial performance of content.
- The company operates in a highly competitive media and entertainment industry.
- Content production involves project-execution and cost-overrun risks.
- Availability of artists, technicians and other creative professionals can affect production schedules.
- Content that does not achieve expected audience acceptance may adversely affect revenues.
- A portion of television and OTT productions operates under arrangements where intellectual property rights are retained by clients.
- Dependence on broadcasters, OTT platforms and other commissioning customers creates customer concentration risk.
- Changes in advertising expenditure and media consumption patterns can affect the industry.
- Expansion into new formats and technologies may require additional investment and execution capabilities.
- Intellectual-property ownership and monetisation opportunities may vary depending on contractual arrangements.
Optimystix Entertainment India Financials (₹ Cr)
Optimystix Entertainment reported strong growth in revenue and profitability between FY2024 and FY2026. Revenue from operations increased from approximately ₹54.99 crore in FY2024 to ₹135.89 crore in FY2026, while PAT increased from ₹6.69 crore to ₹24.04 crore. Net worth increased to ₹131.47 crore in FY2026.
| Period | Revenue | PAT | Total Assets | Net Worth |
|---|---|---|---|---|
| FY2024 | 54.99 | 6.69 | 105.81 | 59.66 |
| FY2025 | 125.07 | 17.24 | 138.93 | 97.19 |
| FY2026 | 135.89 | 24.04 | 166.80 | 131.47 |
KPIs & Valuation
At the upper issue price of ₹175, Optimystix Entertainment had pre-IPO EPS of ₹13.16 and an estimated post-IPO EPS of approximately ₹10.33. The corresponding P/E ratios were approximately 13.30x and 16.94x. FY2026 RoNW was 18.23%, ROCE was 23.05% and NAV was ₹71.97 per share.
Objects of the Issue
The company proposed to use the Net Proceeds from the Fresh Issue primarily to meet its working-capital requirements and for general corporate purposes. The Offer for Sale proceeds were to accrue to the selling shareholders and were not received by the company.
- The company proposed to utilise the IPO proceeds for:
- Funding working-capital requirements – approximately ₹55.88 crore.
- General corporate purposes – balance amount.
Promoters, Lead Managers & Registrar
Optimystix Entertainment India Limited is promoted by Vipul Dhirajlal Shah, Rajesh Darshan Bahl and Optimystix Media Private Limited. LSI Financial Services Private Limited and NEXGEN Financial Solutions Private Limited acted as the Book Running Lead Managers, while Maashitla Securities Private Limited acted as the Registrar to the Issue.
Promoters
Lead Managers (BRLM)
Registrar
| Name | Maashitla Securities Private Limited |
|---|---|
| Phone | +91 11 45121795 |
| mailto:ipo@maashitla.com | |
| Website | https://maashitla.com/ |
Optimystix Entertainment India IPO Review
Optimystix Entertainment reported revenue from operations of approximately ₹54.99 crore in FY2024, ₹125.07 crore in FY2025 and ₹135.89 crore in FY2026. Profit after tax increased from approximately ₹6.69 crore in FY2024 to ₹17.24 crore in FY2025 and ₹24.04 crore in FY2026.
The company's EBITDA increased from ₹4.48 crore in FY2024 to ₹23.93 crore in FY2025 and ₹31.10 crore in FY2026. Net worth increased from ₹59.66 crore in FY2024 to ₹97.19 crore in FY2025 and ₹131.47 crore in FY2026.
Optimystix has an established presence in television content production and has expanded its activities into films, digital content and OTT programming. Its long operating history and experience across different formats provide a base for its content-production business.
The company has also focused on building and monetising content capabilities while exploring AI-assisted production workflows. However, the entertainment business remains dependent on audience preferences, content performance, commissioning opportunities and relationships with broadcasters and digital platforms.
The IPO consisted of both a Fresh Issue and an Offer for Sale. The Fresh Issue was intended primarily to support working-capital requirements, while the Offer for Sale provided an exit opportunity to the selling shareholders.
At the upper issue price of ₹175, the reported pre-IPO EPS was ₹13.16. Based on the post-issue share capital, the post-IPO EPS works out to approximately ₹10.33, implying pre-IPO and post-IPO P/E ratios of approximately 13.30x and 16.94x respectively.
For FY2026, the company reported RoNW of 18.23%, ROCE of 23.05%, EBITDA margin of 23.04%, PAT margin of 17.81% and debt-to-equity of approximately 0.00x. NAV was approximately ₹71.97 per share.
Investors should consider the company's content-execution capabilities alongside industry competition, audience risk, customer dependence, intellectual-property arrangements and working-capital requirements.
How to Apply
Optimystix Entertainment India IPO applications could be made through the applicable ASBA and UPI-supported IPO application process. The minimum retail application was 1,600 shares, requiring ₹2,80,000 at the upper price band of ₹175.
Through UPI
- Log in to your stockbroker app or website.
- Go to the IPO section.
- Select Optimystix Entertainment India IPO.
- Enter the required number of lots.
- Select the applicable bid price or Cut-off option where permitted.
- Enter your valid UPI ID.
- Submit the IPO application.
- Open your UPI application after receiving the mandate request.
- Approve the mandate using your UPI PIN.
- The application amount will be blocked in your bank account until the allotment process is completed.
Prospectus & Documents
nvestors can refer to the company's official website and IPO offer documents for information relating to its business, financial statements, risk factors, objects of the issue, capital structure and statutory disclosures. The RHP identifies the company website as www.optimystix.com and contains the detailed disclosures relating to the public issue.
Last updated Sep 1, 2026.