Thinking Hats Entertainment Solutions Limited IPO
NSE SMEListed On: Oct 3, 2024 at ₹ 60.0
₹ 132000 /3000 Shares
Check AllotmentExpected 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.
25 Sep, 2024
Open Date27 Sep, 2024
Close Date30 Sep, 2024
Allotment Date03 Oct, 2024
Listing DateIssue Price
₹42-44 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Mas Services LimitedList Price
60.0Listing Date
2024-10-03Market Lot
3000 Shares (₹132,000/-)Lead Manager
Horizon Financial Pvt LtdIssue Size
3,429,000 shares(aggregating up to ₹15.09 Cr)Retail Portion
60%Subscription
322.13 times
The IPO of Thinking Hats Entertainment Solutions is priced at ₹42-44 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Mas Services Limited is the registrar of the issue.
Thinking Hats Entertainment Solutions IPO bid opening date is from Sep 25, 2024 and the bid closing date was Sep 27, 2024.
Thinking Hats Entertainment Solutions IPO allotment result will be available on Sep 30, 2024. The tentative listing date for Thinking Hats Entertainment Solutions is Oct 3, 2024.
The total issue size is 3,429,000 shares(aggregating up to ₹15.09 Cr).
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 |
Thinking Hats Entertainment Solutions Valuations
EPS Pre IPO
₹3.41/-EPS Post IPO
₹2.48/-P/E Pre IPO
12.89P/E Post IPO
17.77ROE
28.11%ROCE
29.37%Debt/Equity
0.49RoNW
28.11%PAT Margin
11.61Price to Book Value
3.50Thinking 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 |
| Net Worth | 1,099.86 | 573.26 | 372.47 |
| Reserves & Surplus | 1,012.28 | 497.01 | 296.22 |
| Total Borrowing | 543.46 | 413.65 | 29.22 |
About The Company
Founded in February 2013, Thinking Hats Entertainment Solutions Limited offers concept development, event design, and production services for live events, corporate functions, MICE, social and virtual events, and OTT content production with a focus on content development, intellectual property curation, and tech-centric product development.
The company produces original content for the likes of Netflix, Amazon, Sony Liv, MX Player, Disney+Hotstar, Voot, Zee5, and so on.
The company has already produced two web series for OTT platforms, that include Aapkey Kamrey Me Koi Rehta Hai and Kathmandu Connection 2, apart from the movie Onek Diner Pore in Bengali. This apart, it also prepares short films meant for YouTube content creation and makes films for the corporates, even for event purpose.
The company's clients include Tata Group, including Westside and Zudio, Goldman Sachs, McDonald's, and Uber, as well as media brands like The Times of India, HT Media, Network 18 Media & Investments, Radio Mirchi, and Fever Entertainment.
As of September 2024, the Company had 35 employees on payroll.
Thinking Hats Entertainment Solutions - Promoter(s)
Pre Issue Share Holding: 78.29%
Post Issue Share Holding: %
- 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
Other Details
Thinking Hats Entertainment Solutions
KU220, Kuber Kartik, New Link Road, Prem Co-operative Society, Andheri West, Mumbai - 400 053Mas Services Limited
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.
