Thinking Hats Entertainment Solutions Limited IPO

NSE SME

Listed On: Oct 3, 2024 at ₹ 60.0

₹ 132000 /3000 Shares

Expected Premium is derived from market rumors and internet sources. It does not reflect the actual IPO listing price or value. Please review the RHP and consult a financial advisor before investing.

Thinking Hats Entertainment Solutions IPO Details

25 Sep, 2024

Open Date

27 Sep, 2024

Close Date

30 Sep, 2024

Allotment Date

03 Oct, 2024

Listing Date

Issue Price

₹42-44 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Mas Services Limited

List Price

60.0

Listing Date

2024-10-03

Market Lot

3000 Shares (₹132,000/-)

Lead Manager

Horizon Financial Pvt Ltd

Issue Size

3,429,000 shares(aggregating up to ₹15.09 Cr)

Retail Portion

60%

Subscription

322.13 times

IPO Docs

DRHP RHP

Thinking Hats Entertainment Solutions IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	324,000 / 876,000	2,049,000	3,249,000
Day 1 - 25-09-24 06:00 PM	10.03 / 7.84 x	22.50 x	17.31 x
Day 2 - 26-09-24 06:00 PM	20.07 / 30.66 x	90.30 x	67.22 x
Day 3 - 27-09-24 06:00 PM	67.67 / 357.00 x	347.45 x	322.13 x

Total No. of Applications: 2,37,405 (Approx)

Thinking Hats Entertainment Solutions Valuations

EPS Pre IPO

₹3.41/-

EPS Post IPO

₹2.48/-

P/E Pre IPO

12.89

P/E Post IPO

17.77

RoNW

28.11%

Thinking Hats Entertainment Solutions Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	2,403.22	1,456.81	641.14
Revenue	2,670.1	2,227.8	1,245.2
Profit After Tax	309.16	200.79	37.21

About The Company

Thinking Hats Entertainment Solutions Limited specializes in concept development, event design, and production for live events, corporate functions, MICE, social and virtual events, as well as OTT content production and experiential marketing with a focus on content development, intellectual property curation, and tech-centric product development.

The company makes exclusive content for OTT platforms such as Netflix, Amazon, Sony Liv, MX Player, Disney+Hotstar, Voot, Zee5, etc.

The company has produced two web series for OTT platforms: Aapkey Kamrey Me Koi Rehta Hai and Kathmandu Connection 2, as well as one Bengali movie titled Onek Diner Pore. In addition to movies and OTT web series, we also create short films for YouTube content and corporate event movies.

The company's clients include Tata Group, including Westside and Zudio, Goldman Sachs, McDonalds, and Uber, as well as media brands like The Times of India, HT Media, Network 18 Media & Investments, Radio Mirchi, and Fever Entertainment.

Thinking Hats Entertainment Solutions - Promoter(s)

Pre Issue Share Holding: 78.29%

Post Issue Share Holding: %

Company Promoter(s)

Rajesh Bhardwaj
Gaurav Singhania
Shruti Singhania

Thinking Hats Entertainment Solutions IPO - Issue Objectives

Prepayment or repayment of all or a portion of certain loans availed by the Company
Funding of working capital requirements of our Company
General Corporate Purposes

Thinking Hats Entertainment Solutions IPO - FAQs

Ans. Thinking Hats Entertainment Solutions Limited IPO is a SME IPO. The issue is priced at ₹42-44 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Sep 25, 2024, and closes on Sep 27, 2024. Mas Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Thinking Hats Entertainment Solutions Limited IPO opens on Sep 25, 2024 and closes on Sep 27, 2024.

Ans. The size of Thinking Hats Entertainment Solutions Limited IPO is 3,429,000 shares(aggregating up to ₹15.09 Cr).

Ans. The IPO price band is set between ₹42-44 per equity share.

Ans. To apply for Thinking Hats Entertainment Solutions Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Thinking Hats Entertainment Solutions Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Thinking Hats Entertainment Solutions Limited IPO is Sep 30, 2024.

Ans. The Thinking Hats Entertainment Solutions Limited IPO will be listed on Oct 3, 2024.

Ans. Follow the steps to check the allotment status for Thinking Hats Entertainment Solutions Limited IPO here.