Thinking Hats Entertainment Solutions Ltd., established in 2013, operates in the Services - Others sector. The company's IPO opened on September 25, 2024 and closed on September 27, 2024, with an ... Read more
Thinking Hats has evolved from a premier concept development, event design and production company that specializes in live events, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), social and virtual events to an OTT content production and experiential marketing company with a ... Read more
| Investors Category | Shares Offered |
|---|---|
| Market Makers | 1,80,000 (5.25%) |
| Non Institutional Investors | 8,76,000 (25.55%) |
| Qualified Institutional Buyers (QIBs) | 3,24,000 (9.45%) |
| Retail Individual Investors (RIIs) | 20,49,000 (59.76%) |
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2024 | 26.70 Cr | 3.09 Cr | 10.12 Cr |
| 31 Mar 2023 | 22.28 Cr | 2.01 Cr | 4.97 Cr |
| 31 Mar 2022 | 12.45 Cr | 37.21 Lakh | 2.96 Cr |
1. Prepayment or repayment of all or a portion of certain loans availed by our Company
2. Funding of working capital requirements of our Company
3. General corporate purposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | - | ₹ 44.00 |
| Open | - | ₹ 60.00 |
| Low | - | ₹ 57.00 |
| High | - | ₹ 61.00 |
| Last Trade | - | ₹ 57.00 |
1. Rajesh Bhardwaj
2. Gaurav Singhania
3. Shruti Singhania
The India Events & Exhibition Market is Segmented by Type (B2B, B2C, Mixed/Hybrid), Revenue Stream (Exhibitor Fee, Sponsorship Fee, Entrance Fee, Services), End User (Consumer Goods and Retail, Automotive and Transportation, Industrial, Entertainment, Real Estate and Property, Hospitality, ... Read more
When does Thinking Hats Entertainment Solutions Ltd. IPO opens and closes?
What is the size of Thinking Hats Entertainment Solutions Ltd. IPO?
What is the price range of Thinking Hats Entertainment Solutions Ltd. IPO?
What is the minimum investment and lot size required for the Thinking Hats Entertainment Solutions Ltd. IPO?
When is Thinking Hats Entertainment Solutions Ltd. IPO listing date?
What is the objective of Thinking Hats Entertainment Solutions Ltd. IPO?
The Initial Public Offering (IPO) of Thinking Hats Entertainment Solutions Ltd, which opened for subscription on Wednesday, has been met with strong investor interest. The IPO was heavily oversubscribed within a few hours of its launch. Seeking to raise Rs 15.09 crores, the IPO consists entirely of fresh equity shares, totaling 34.29 lakh shares. The allocation among investor categories is as follows: 9.45% to Qualified Institutional Buyers (QIBs), 25.55% to Non-Institutional Investors (NIIs), and 59.76% to Retail Individual Investors (RIIs).
The IPO opened for subscription on September 25, 2024, and will close on September 27, 2024. The allotment for the IPO is expected to be finalized by September 30, 2024. Following the allotment, the shares of Thinking Hats Entertainment Solutions are anticipated to list on the NSE on 3rd October 2024. The price band for the IPO has been set at Rs.42 to Rs.44 per share. Retail investors can participate with a minimum investment of Rs.132,000, which corresponds to a lot size of 3000 shares. For HNIs, the minimum investment is Rs.264,000, requiring the purchase of 2 lots.
Thinking Hats Entertainment Solutions Limited, founded in 2013, specializes in event planning and production. They offer services for live events, corporate functions, MICE, social events, virtual events, and OTT content.
The company's revenue grew by 20% and profit after tax rose by 54% in the past year, indicating a promising future.
25 September 2024
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