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Shares of Identical Brains Studios were listed on NSE at Rs 95, a 76% premium to its IPO price. The company raised Rs 20 crore. The funds will be used for office renovation, a new branch in Lucknow, equipment purchases, and working capital. The studio's portfolio includes notable projects and award-winning visuals.
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While predicting the first two is difficult, Indias economic fundamentals should improve as fiscal spending ramps up and liquidity eases, thereby supporting credit growth and economic activity.
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Indias buoyant economic performance has played a critical role in attracting NRI investments. Supportive regulatory measures, Improved ease of doing business have further catalyzed the asset management industry, opening avenues such as Alternative Investment Funds (AIFs), Portfolio Management Services (PMS), Real Estate Investment Trusts (REITs), and Infrastructure Investment Trusts (InvITs) for foreign capital.
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