Optimystix Entertainment IPO was an SME book-built public issue of Optimystix Entertainment India Limited. The company raised approximately ₹108.50 crore through a combination of a fresh issue of 50,00,000 equity shares and an Offer for Sale of up to 12,00,000 equity shares. The shares had a face value of ₹10 each and were offered in the price band of ₹166 to ₹175 per share. The issue was listed on the NSE SME platform.
The IPO opened for subscription on August 7, 2026, and closed on August 11, 2026. The basis of allotment was finalised on August 12, refunds were initiated on August 13, and the shares were credited to eligible demat accounts on August 13. The listing took place on August 14, 2026.
Optimystix Entertainment India Limited operates in the media and entertainment industry. The company creates and produces content for television, films and digital platforms. It has produced more than 150 television shows and over 7,500 hours of programming across fiction and non-fiction formats.
The company’s portfolio includes comedy, crime, drama, reality and children’s programming. Its recognised productions include Comedy Circus, Crime Patrol, Indian Idol, Laughter Chefs, Rising Star and Baalveer. The company has also expanded its activities into films and digital content.
For FY2026, Optimystix reported revenue from operations of ₹134.99 crore and profit after tax of approximately ₹24.04 crore. Revenue and profitability increased substantially compared with FY2025.
IPO Details
| Information | Details |
|---|---|
| IPO Name | Optimystix Entertainment IPO |
| Company Name | Optimystix Entertainment India Limited |
| IPO Type | Book Built Issue |
| IPO Category | SME IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹166 to ₹175 Per Share |
| Issue Size | Approx. ₹108.50 Crore |
| Fresh Issue | 50,00,000 Equity Shares |
| Offer for Sale | 12,00,000 Equity Shares |
| Total Issue Shares | 62,00,000 Equity Shares |
| IPO Open Date | 7 August 2026 |
| IPO Close Date | 11 August 2026 |
| Anchor Investor Bidding | 6 August 2026 |
| Basis of Allotment | 12 August 2026 |
| Refund Initiation | 13 August 2026 |
| Shares Credited to Demat | 13 August 2026 |
| Listing Date | 14 August 2026 |
| Listing Exchange | NSE SME |
| Lot Size | 800 Shares |
| Minimum Retail Application | 2 Lots / 1,600 Shares |
| Registrar | Maashitla Securities Private Limited |
| Lead Managers | Nexgen Financial Solutions Pvt. Ltd. and LSI Financial Services Pvt. Ltd. |
The issue consisted of a fresh issue of up to 50 lakh shares and an OFS of up to 12 lakh shares. The RHP structure also provided for a market-maker reservation of 6.20 lakh shares.
Optimystix Entertainment IPO Dates
| IPO Event | Date |
|---|---|
| Anchor Investor Bidding | 6 August 2026 |
| IPO Opening Date | 7 August 2026 |
| IPO Closing Date | 11 August 2026 |
| Basis of Allotment | 12 August 2026 |
| Refund Initiation | 13 August 2026 |
| Shares Credited to Demat | 13 August 2026 |
| Listing Date | 14 August 2026 |
Optimystix Entertainment IPO Reservation
| Investor Category | Shares Offered | Approx. Allocation |
|---|---|---|
| Anchor Investors | 16,70,400 Shares | 26.94% |
| QIB – Excluding Anchor | 11,16,000 Shares | 18.00% |
| Non-Institutional Investors | 8,40,000 Shares | 13.55% |
| Retail Individual Investors | 19,53,600 Shares | 31.51% |
| Market Maker | 6,20,000 Shares | 10.00% |
| Total | 62,00,000 Shares | 100% |
The issue included separate reservations for QIBs, NIIs, retail investors, anchor investors and the market maker.
Optimystix Entertainment IPO Lot Size
The IPO lot size was 800 shares. Individual investors were required to apply for a minimum of two lots, or 1,600 shares. At the upper price band of ₹175, the minimum application amount was ₹2,80,000.
| Application | Lots | Shares | Amount at ₹175 |
|---|---|---|---|
| Retail Minimum | 2 Lots | 1,600 Shares | ₹2,80,000 |
| Retail Maximum | 2 Lots | 1,600 Shares | ₹2,80,000 |
| S-HNI Minimum | 3 Lots | 2,400 Shares | ₹4,20,000 |
| S-HNI Maximum | 7 Lots | 5,600 Shares | ₹9,80,000 |
| B-HNI Minimum | 8 Lots | 6,400 Shares | ₹11,20,000 |
Optimystix Entertainment IPO Anchor Investors
Optimystix Entertainment completed its anchor-investor bidding on August 6, 2026, one day before the public issue opened.
| Particular | Details |
|---|---|
| Anchor Bidding Date | 6 August 2026 |
| Anchor Shares | 16,70,400 Shares |
| Anchor Allocation | ₹29.23 Crore |
| Price Per Share | ₹175 |
| 50% Lock-in End Date | 11 September 2026 |
| Remaining 50% Lock-in End Date | 10 November 2026 |
The anchor allocation was made at the upper end of the IPO price band.
About Optimystix Entertainment India Limited
Optimystix Entertainment India Limited was incorporated in 2000 and operates as a content creation and production company. The company works across television, films and digital platforms and has developed experience in both fiction and non-fiction programming.
The company began with a focus on non-fiction programming and later expanded into comedy, drama, reality, crime and other formats. Its portfolio includes long-running television properties and content created for major broadcasters and digital platforms.
Optimystix states that it has produced more than 150 shows and over 7,500 hours of content across diverse genres. The company’s current portfolio includes Laughter Chefs, Baalveer, Rising Star, Crime Patrol and Comedy Circus among other productions.
The company has also expanded into films and digital content, reflecting the changing consumption patterns of India’s media and entertainment industry.
Business Operations
Optimystix operates across several areas of content production and entertainment:
- Television Content: Producing fiction and non-fiction programmes for broadcasters.
- Comedy Programming: Developing comedy and entertainment formats.
- Reality Shows: Creating reality and competition-based programmes.
- Crime Content: Producing crime and investigation-related programming.
- Children’s Content: Creating children’s entertainment properties.
- Digital and OTT Content: Developing content for digital platforms and streaming services.
- Film Production: Expanding its production activities into feature films.
- Content Development: Creating concepts and intellectual property for different entertainment formats.
- Production Services: Managing production, creative, technical and operational requirements for entertainment projects.
Industry Overview
India’s media and entertainment industry has been undergoing significant changes due to the growth of digital platforms, OTT services and online video consumption.
Television remains an important source of entertainment in India, while streaming platforms have created additional demand for original and regional content. Content producers increasingly have opportunities to work across television, OTT, digital video and film formats.
For production companies, the ability to develop commercially successful content and maintain relationships with broadcasters and platforms is important. Content budgets, audience preferences, platform strategies and advertising conditions can directly affect production opportunities.
The industry is also highly competitive. New production houses, independent creators, digital-first studios and established entertainment companies compete for audiences, talent and commissioning opportunities.
Business Strategy
Optimystix’s strategy focuses on developing content across multiple formats and platforms rather than depending exclusively on one type of programming.
The company’s long operating history and experience in both fiction and non-fiction content provide a foundation for producing different formats. Its expansion into films and digital content also creates opportunities beyond traditional television production.
The company is also focused on developing and monetising intellectual property. Building original formats and content libraries can potentially create additional revenue opportunities through licensing, distribution and digital exploitation.
The company’s relationships with broadcasters, studios and OTT platforms remain important to its business model because content commissioning and distribution are major drivers of revenue.
Optimystix Entertainment IPO Financial Information
Optimystix reported substantial growth in its financial performance over the reported period.
Revenue from operations increased from ₹54.76 crore in FY2024 to ₹124.39 crore in FY2025 and ₹134.99 crore in FY2026. PAT increased from ₹6.69 crore in FY2024 to ₹17.24 crore in FY2025 and ₹24.04 crore in FY2026.
EBITDA also improved from ₹4.48 crore in FY2024 to ₹23.93 crore in FY2025 and ₹31.10 crore in FY2026.
Optimystix Entertainment Financial Summary
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue from Operations | ₹54.76 Crore | ₹124.39 Crore | ₹134.99 Crore |
| EBITDA | ₹4.48 Crore | ₹23.93 Crore | ₹31.10 Crore |
| Profit Before Tax | ₹4.12 Crore | ₹24.34 Crore | ₹31.20 Crore |
| Profit After Tax | ₹6.69 Crore | ₹17.24 Crore | ₹24.04 Crore |
| EBITDA Margin | 8.19% | 19.24% | 23.04% |
| PAT Margin | 12.21% | 13.86% | 17.81% |
| RoNW | 11.21% | 17.74% | 18.23% |
| ROCE | 6.68% | 24.42% | 23.05% |
The company recorded strong revenue and profit growth, with margins also improving over the three-year period.
Optimystix Entertainment IPO Key Performance Indicators (KPIs)
| KPI | FY2026 |
|---|---|
| Revenue from Operations | ₹134.99 Crore |
| EBITDA | ₹31.10 Crore |
| EBITDA Margin | 23.04% |
| PAT | ₹24.04 Crore |
| PAT Margin | 17.81% |
| ROE / RoNW | 18.23% |
| ROCE | 23.05% |
| EPS | ₹13.36 |
| NAV Per Share | ₹71.97 |
| Debt-to-Equity | Nil |
The company reported no debt-equity ratio in FY2026, while its return ratios and operating margins remained positive.
Optimystix Entertainment IPO Valuation
At the upper price band of ₹175, the IPO valuation was based on FY2026 earnings and the post-issue capital structure.
| Particular | Details |
|---|---|
| Upper Price Band | ₹175 |
| FY2026 EPS | ₹13.36 |
| NAV Per Share | ₹71.97 |
| P/E at Upper Price Band | Approx. 13.10x |
| Price-to-Book | Approx. 2.43x |
The valuation should be considered alongside the company’s growth, customer concentration, content-production risks and the operating characteristics of the media and entertainment industry. The FY2026 financial metrics and valuation inputs are based on the restated financial information available for the issue.
Objects of the Optimystix Entertainment IPO
The fresh issue proceeds are primarily intended to strengthen the company’s working capital position and support general corporate purposes.
| Purpose | Details |
|---|---|
| Working Capital Requirements | Funding the company’s working capital needs |
| General Corporate Purposes | Supporting permitted business and corporate requirements |
| Offer Expenses | Meeting expenses associated with the public issue |
Working capital is important for the company’s content-production business because production activities can require funding before revenues are realised from broadcasters, platforms and other customers.
The proceeds from the Offer for Sale are received by the selling shareholder and do not accrue to the company.
Optimystix Entertainment IPO GMP
Grey Market Premium is an unofficial market indicator and should not be considered a guaranteed listing price or investment return.
| Date | GMP |
|---|---|
| 31 July 2026 | ₹0 |
| 3 August 2026 | ₹0 |
| 4 August 2026 | ₹0 |
| 5 August 2026 | ₹0 |
| 6 August 2026 | ₹0 |
| 7 August 2026 | ₹5 |
| 8 August 2026 | ₹5 |
| 10 August 2026 | ₹5 |
| 11 August 2026 | ₹5 |
| 12 August 2026 | ₹5 |
| 13 August 2026 | ₹5 |
| 14 August 2026 | ₹5 |
The GMP moved from ₹0 before the issue opened to around ₹5 during the subscription period and remained around ₹5 near listing. The shares ultimately listed at ₹180 against the issue price of ₹175.
Optimystix Entertainment IPO Listing Performance
Optimystix Entertainment shares were listed on the NSE SME platform on August 14, 2026.
| Particular | Value |
|---|---|
| Listing Exchange | NSE SME |
| Listing Date | 14 August 2026 |
| Issue Price | ₹175 Per Share |
| Listing Price | ₹180 Per Share |
| Listing Gain | ₹5 Per Share |
| Listing Gain (%) | 2.86% |
The shares opened at ₹180 against the issue price of ₹175, delivering a listing gain of 2.86%.
Optimystix Entertainment IPO Subscription Status
The IPO received subscription across QIB, NII and retail categories.
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 1.84x |
| Non-Institutional Investors (NII) | 1.85x |
| Retail Individual Investors (RII) | 2.24x |
| Total Subscription | 1.90x |
The retail category recorded the strongest subscription among the three major investor categories.
Optimystix Entertainment IPO Review
Optimystix Entertainment operates in the media and entertainment industry and has built a long operating history in television content production. Its expansion into films, OTT and digital platforms gives the company exposure to multiple content-consumption channels.
One of the company’s key strengths is its established content-production experience. Optimystix states that it has produced more than 150 shows and over 7,500 hours of programming. It has also worked across comedy, crime, reality, drama and children’s formats.
Financial performance has improved significantly. Revenue from operations increased from ₹54.76 crore in FY2024 to ₹134.99 crore in FY2026, while PAT increased from ₹6.69 crore to ₹24.04 crore. EBITDA margin also improved from 8.19% to 23.04%.
The company has relationships with major broadcasters, studios and OTT platforms, which can support repeat production opportunities. However, this also creates customer concentration risk. The top five customers accounted for 85.05% of revenue in FY2026, while the largest customer accounted for 36.21%.
Another major risk is the unpredictable nature of content. The commercial success of a television show, film or digital series depends on audience acceptance, programming decisions and changing viewer preferences.
The company’s cash-flow profile also requires attention. FY2026 operating cash flow was negative ₹8.05 crore, while investing cash flow was negative ₹13.51 crore.
Overall, Optimystix Entertainment combines a recognised content-production track record with improving revenue and profitability. However, investors should assess customer concentration, content-performance risk, working-capital requirements and the volatility inherent in the entertainment industry before making an investment decision.
Optimystix Entertainment IPO Strengths
- More than two decades of experience in content production.
- Produced more than 150 shows and over 7,500 hours of programming.
- Presence across television, films and digital platforms.
- Experience across fiction and non-fiction formats.
- Portfolio covering comedy, crime, drama, reality and children’s content.
- Relationships with major broadcasters and OTT platforms.
- Strong revenue growth between FY2024 and FY2026.
- PAT increased substantially during the reported period.
- EBITDA margin improved to 23.04% in FY2026.
- ROCE stood at 23.05% in FY2026.
- The company reported no debt-equity ratio for FY2026.
Optimystix Entertainment IPO Risk Factors
- Significant dependence on a limited number of customers.
- Top five customers contributed 85.05% of FY2026 revenue.
- The largest customer contributed 36.21% of FY2026 revenue.
- Revenue depends on the commercial performance of produced content.
- Audience preferences can change quickly.
- Television and OTT platforms can change commissioning strategies and content budgets.
- Content production requires working capital before revenues are realised.
- FY2026 operating cash flow was negative.
- The entertainment industry is highly competitive.
- The company is listed on the SME platform, which may involve lower liquidity and greater price volatility.
Optimystix Entertainment IPO Promoters
The promoters of Optimystix Entertainment India Limited are Vipul Dhirajlal Shah, Rajesh Darshan Bahl, Sanjay Dhirajlal Shah and Optimystix Media Private Limited.
Before the IPO, the promoter and promoter-group holding was approximately 77.61%. The post-issue holding reduced as new shares were issued and shares were offered to public investors.
Optimystix Entertainment IPO Promoters Details
| Promoter | Status |
|---|---|
| Vipul Dhirajlal Shah | Promoter |
| Rajesh Darshan Bahl | Promoter |
| Sanjay Dhirajlal Shah | Promoter |
| Optimystix Media Private Limited | Promoter |
Vipul D. Shah is the Chairman and Managing Director and founded Optimystix in 2000. He has more than 25 years of experience in the Indian entertainment industry.
Optimystix Entertainment IPO Management Team
The company’s key management personnel include the Chairman and Managing Director, Chief Financial Officer and Company Secretary and Compliance Officer.
| Name | Designation |
|---|---|
| Vipul Dhirajlal Shah | Chairman & Managing Director |
| Paresh Parekh | Chief Financial Officer |
| Mansi Gandhi | Company Secretary & Compliance Officer |
The company’s corporate governance information identifies these officials and provides their responsibilities and investor-contact details.
Optimystix Entertainment IPO Registrar Details
| Particular | Details |
|---|---|
| Registrar Name | Maashitla Securities Private Limited |
| Role | Registrar to the Issue |
| Contact Number | 011-45121795 |
| Email ID | [email protected] |
Maashitla Securities Private Limited acted as the registrar for the IPO and handled application and allotment-related investor services.
Optimystix Entertainment IPO Lead Manager Details
| Particular | Details |
|---|---|
| Lead Manager | Nexgen Financial Solutions Pvt. Ltd. |
| Lead Manager | LSI Financial Services Pvt. Ltd. |
| Role | Book Running Lead Managers |
Both institutions acted as the lead managers for the public issue.
Optimystix Entertainment Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Optimystix Entertainment India Limited |
| Registered Office | 21, SVP Nagar, Jankidevi Public School Road, Near Versova Telephone Exchange, Andheri (West), Mumbai – 400053 |
| Website | https://optimystix.tv/ |
| Investor Email | [email protected] |
| Compliance Email | [email protected] |
| Contact Number | +91 22 42935005 |
| CIN | U59113MH2000PLC129417 |
The company identifies its registered office in Andheri West, Mumbai, and provides investor and compliance contact details through its corporate governance information.
How to Check Optimystix Entertainment IPO Allotment Status
Investors can check the Optimystix Entertainment IPO allotment status through the registrar’s online facility.
Through Maashitla Securities
- Open the IPO allotment facility.
- Select Optimystix Entertainment India Limited.
- Choose the applicable search option.
- Enter the PAN, application number or DP/Client ID.
- Complete the required verification.
- Submit the details to view the allotment status.
Through Stock Exchange
Investors can also check the allotment information through the relevant exchange facility using their application details.
The basis of allotment was finalised on August 12, 2026, refunds and demat-credit activities were scheduled for August 13, and the shares were listed on August 14, 2026.
Optimystix Entertainment IPO Conclusion
Optimystix Entertainment IPO provided investors with exposure to an established Indian content-production company operating across television, films and digital platforms. The company has a long history in entertainment production and has produced more than 150 shows and over 7,500 hours of content.
The financial performance showed strong improvement. Revenue from operations increased from ₹54.76 crore in FY2024 to ₹134.99 crore in FY2026, while PAT increased from ₹6.69 crore to ₹24.04 crore. EBITDA margin also improved substantially during the period.
The company benefits from its relationships with broadcasters, studios and OTT platforms and its ability to produce multiple entertainment formats. Its expansion into digital content and films provides additional opportunities for future growth.
At the same time, customer concentration remains a major consideration. The top five customers accounted for 85.05% of FY2026 revenue, while the largest customer contributed 36.21%. The commercial performance of individual shows and changing audience preferences can also make revenue less predictable.
The IPO was priced at ₹166 to ₹175 per share and received overall subscription of approximately 1.90 times. The shares listed at ₹180 against the issue price of ₹175, resulting in a listing gain of 2.86%.
For long-term evaluation, investors should focus on the company’s ability to maintain content quality, diversify its customer base, generate consistent cash flows and successfully expand across television, OTT, digital and film businesses.
Optimystix Entertainment IPO FAQs
What is Optimystix Entertainment IPO?
Optimystix Entertainment IPO was an SME book-built public issue of Optimystix Entertainment India Limited comprising a fresh issue of 50,00,000 equity shares and an Offer for Sale of up to 12,00,000 equity shares.
What was the Optimystix Entertainment IPO price band?
The price band was ₹166 to ₹175 per equity share.
What was the Optimystix Entertainment IPO issue size?
The total issue size was approximately ₹108.50 crore.
What was the Optimystix Entertainment IPO lot size?
The lot size was 800 shares. Individual investors had to apply for a minimum of two lots, or 1,600 shares, requiring ₹2,80,000 at the upper price band.
When was the Optimystix Entertainment IPO allotment date?
The basis of allotment was finalised on August 12, 2026.
When was the Optimystix Entertainment IPO listing date?
Optimystix Entertainment shares were listed on the NSE SME platform on August 14, 2026.
What was the Optimystix Entertainment IPO listing price?
The shares listed at ₹180 against the issue price of ₹175.
What was the Optimystix Entertainment IPO listing gain?
The shares delivered a listing gain of ₹5 per share, equivalent to approximately 2.86%.
What was the Optimystix Entertainment IPO subscription status?
The IPO was subscribed approximately 1.90 times overall, with QIBs at 1.84x, NIIs at 1.85x and retail investors at 2.24x.
What does Optimystix Entertainment India Limited do?
Optimystix Entertainment India Limited creates and produces entertainment content for television, films and digital platforms, covering fiction, non-fiction, comedy, crime, reality and children’s programming.
