Optimystix Entertainment IPO GMP Today

Optimystix Entertainment India Limited is a media and entertainment company engaged in creating and producing content for television, films, and digital platforms. Established in 2000, the company has produced more than 150 television shows comprising over 7,500 hours of original programming across fiction, non-fiction, comedy, crime, reality, and children’s formats. Its television productions include Comedy Circus, Crime Patrol, Laughter Chefs, Baalveer, Rising Star, Saas Bina Sasural, and Ladies Special. The company has also expanded into feature films and digital content, producing films and web series released through theatres and OTT platforms. Its film productions include OMG 2, Khel Khel Mein, The Diplomat, Vicky Vidya Ka Woh Wala Video, and Double XL. Its digital projects include Candy and Lukkha. The company undertakes end-to-end content creation activities, including ideation, scripting, production, and post-production. It operates across multiple content formats and platforms, including television broadcasters, theatres and digital streaming services. Use of proceeds: The IPO consists of both a fresh issue of shares and an offer for sale (OFS).​ Net proceeds from the OFS will go to the respective selling shareholders, while the net proceeds from the fresh issue will be utilised for the following purposes:​ Funding working capital requirements of the company — Rs 64.37 crore General corporate purposes.