Optimystix Entertainment shares to debut today. Here's what GMP suggests ahead of listing

Optimystix Entertainment is set to list on the NSE SME platform today after its Rs 108.5-crore IPO received 2.05x subscription. With the shares trading at zero GMP, a muted debut is expected. The company raised Rs 29.23 crore from anchor investor...

ETMarkets.com

The company plans to deploy the net IPO proceeds largely towards strengthening its working capital position.

Shares of Optimystix Entertainment India Ltd. are set to make their debut on the NSE SME platform on Friday, August 14. Ahead of the listing, the company’s shares are commanding no grey market premium (GMP), pointing towards expectations of a largely flat opening.

The IPO, which remained open for subscription from August 7 to August 11, received a moderate response from investors and was subscribed 2.05 times overall. The retail portion was subscribed 2.26 times, while the QIB category saw 1.84 times subscription. The NII segment was subscribed 1.85 times.

The Optimystix Entertainment IPO comprised a fresh issue of 50 lakh equity shares worth Rs 87.5 crore, along with an offer for sale (OFS) of 12 lakh shares amounting to Rs 21 crore. The total issue size stood at Rs 108.5 crore.


The shares were offered in a price band of Rs 166-Rs 175 per share.

LSI Financial Services Pvt. Ltd. acted as the book-running lead manager, while Maashitla Securities Pvt. Ltd. was appointed as the registrar to the issue.

Adding to the institutional interest around the IPO, Optimystix Entertainment raised Rs 29.23 crore from anchor investors on August 6, a day before the issue opened for subscription.
ADVERTISEMENT

Utilisation of IPO Proceeds

The company plans to deploy the net IPO proceeds largely towards strengthening its working capital position.

Of the funds raised, Rs 55.88 crore has been earmarked for working capital requirements. The allocation is expected to support production activities, meet operational expenses and provide greater financial flexibility as the company pursues future growth opportunities.

About Optimystix Entertainment India Ltd.

Founded in 2000, Optimystix Entertainment India Limited is a prominent content creation and production company catering to the television, film, and digital entertainment industries. Over the years, the company has created more than 150 television shows, producing over 7,500 hours of original content for leading national broadcasters.

The company has a diverse portfolio spanning both fiction and non-fiction formats, with popular television shows including Laughter Chefs, Baalveer, Rising Star, Saas Bina Sasural, and Ladies Special. Its successful franchises in comedy, crime, and children’s entertainment have established a strong presence in the Indian television landscape and continue to attract audiences across platforms.
ADVERTISEMENT

With over 60 industry awards recognising its creative excellence, Optimystix has built long-standing relationships with broadcasters, production houses, and OTT platforms. These partnerships provide the company with a diversified revenue stream and recurring business opportunities.

The company has also expanded its presence in film production, with notable projects such as OMG 2, featuring Akshay Kumar, Pankaj Tripathi, and Yami Gautam; The Diplomat, starring John Abraham and Sadia Khateeb; and the Khel Khel Mein, featuring an Akshay Kumar-led ensemble.
ADVERTISEMENT

As of July 30, 2026, Optimystix Entertainment had a team of 38 full-time employees.

Financial Performance

Optimystix Entertainment India Ltd. delivered steady financial growth in FY26, with its total income increasing 9% to Rs 135.89 crore, compared with Rs 125.07 crore in FY25. The growth reflects continued momentum in the company’s revenue generation and content production business.

The company also recorded a significant improvement in profitability, with profit after tax (PAT) rising 39% to Rs 24.04 crore in FY26, from Rs 17.24 crore in the previous financial year.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
ADVERTISEMENT
READ MORE

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Markets › IPOs/FPOs › Optimystix Entertainment shares to debut today. Here's what GMP suggests ahead of listing
Text Size:AAA
Success
This article has been saved

*

+