Phantom Digital Effects Ltd has launched a ₹60 crore QIP with a floor price of ₹268.85 to support expansion and working capital needs. The small-cap VFX firm reported a 76.4% rise in FY25 revenue to ₹102.16 crore and a PAT of ₹20.20 crore. Global presence, strategic acquisition, and strong ROE of 13.05% reflect solid fundamentals.