DCR Tech Group, a visual content and effects producer in China, raised the proposed deal size for its upcoming IPO on Tuesday.
The Beijing, China-based company now plans to raise $25 million by offering 5 million shares at a price range of $4 to $6. The company had previously filed to offer 2 million shares at the same price range. At revised deal size, DCR Tech Group will raise 150% more in proceeds than previously anticipated and command a market cap of $225 million.
Through its PRC subsidiaries, the company specializes in visual effects production for various sectors, such as film and television, over-the-top video, games, animations, digital cultural tourism, advertising, and extended reality. Its comprehensive service offerings span the entire visual content production pipeline, from storyboard design, previsualization, to final production. The company generates revenue primarily by providing visual content production services, mainly through fixed-price contracts and milestone-based payments. Clients include producers, production managers, and visual effect producers, and since inception, the company has served approximately 48 clients.
DCR Tech Group was founded in 2021 and booked $29 million in revenue for the 12 months ended June 30, 2025. It plans to list on the Nasdaq under the symbol DCR. D. Boral Capital is the sole bookrunner on the deal.
