Baweja Studios Limited IPO
NSE SMEListed On: Feb 6, 2024 at ₹ 183.0
₹ 288000 /1600 Shares
*Min Investment
29 Jan, 2024
Open Date01 Feb, 2024
Close Date02 Feb, 2024
Allotment Date06 Feb, 2024
Listing DateBaweja Studios Limited IPO Issue Details
- Issue Price ₹170-180 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 54,00,000 shares(aggregating up to ₹97.2 crore)
- Fresh Share 40,00,000 shares(aggregating up to ₹72 crore)
- Offer For Sale 14,00,000 shares(aggregating up to ₹25.2 crore)
- Listing at NSE SME
- List Price 183.0
- Listing Date 2024-02-06
- Lead Manager Fedex Securities Pvt Ltd
- Registrar Skyline Financial Services Private Ltd
Market Lot Size
Investors can bid for a minimum of 800 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 800 | ₹1,44,000 |
| Retail(max) | 1 | 800 | ₹1,44,000 |
| NII (min) | 2 | 1,600 | ₹2,88,000 |
Baweja Studios Limited IPO Reservation
Baweja Studios Limited IPO offers total 5,400,000 shares. Out of which 217,600 (4.03%) allocated to QIB, 2,284,000 (42.3%) allocated to NII,2,284,000 (42.3%) allocated to RII, NA (NA%) allocated to employees and 326,400 (6.04%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 326,400 (6.04%) | |
| Market Maker Shares Offered | 288,000 (5.33%) | |
| QIB Shares Offered | 217,600 (4.03%) | |
| NII (HNI) Shares Offered | 2,284,000 (42.3%) | |
| Retail Shares Offered | 2,284,000 (42.3%) | |
| Total Shares Offered | 5,400,000 (100%) |
Baweja Studios Limited IPO Details
Baweja Studios Limited IPO is an SME IPO, priced at ₹170-180 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 54,00,000 equity shares, aggregating up to ₹97.2 crores..
The IPO bidding window is open from Jan 29, 2024 to Feb 1, 2024. The allotment is expected to be finalized on Feb 2, 2024, and the tentative listing date is Feb 6, 2024.
The minimum lot size for Retail investors is 800 shares, with a minimum investment of ₹1,44,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,88,000.
Fedex Securities Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Skyline Financial Services Private Ltd, and Nnm Securities Private Limited will act as the market maker for this issue.
Baweja Studios Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 217,600 / 2,284,000 | 2,284,000 | 4,785,600 |
Day 1 29-01-24 06:00 PM | 0.00 / 0.24 x | 0.59 x | 0.39 x |
Day 2 30-01-24 06:00 PM | 0.01 / 0.23 x | 1.31 x | 0.74 x |
Day 3 31-01-24 06:00 PM | 0.01 / 0.35 x | 2.00 x | 1.12 x |
Day 4 01-02-24 06:00 PM | 2.17 / 1.20 x | 4.19 x | 2.67 x |
Baweja Studios Limited Valuations
Baweja Studios Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 4,489.98 | 3,056.03 | 3,223.67 |
| Revenue | 7,628.31 | 4,096.79 | 1,954.11 |
| Profit After Tax | 796.91 | 275.94 | 764.60 |
About Baweja Studios Limited Company
Baweja Studios Limited was incorporated on March 16, 2001, as a production company, producing Hindi and Panjabi films, such as Chaar Sahibzaade, Love Story 2050, Qayamat, and Bhaukaal. The Company is also into trading movie rights. The company purchases the rights from producers and sells them to exhibitors and streaming platforms.
The company has completed 22 projects, with 6 films in production and 7 pre-production by June 2023.
Baweja Studios was a production house focused on creating technology-based commercial films. They sought to push the boundaries of storytelling and incorporate the latest technological advancements in their field. Amongst their line of business activities are researching and developing scripts, production end-to-end for content, generating intellectual property, and monetizing rights.
The company had diversified into fields such as digital films, web series, animation films, Punjabi films, advertisement films, and music videos.
In terms of personnel, as on June 22, 2023, there are 16 full-time employees in the group working in diverse departments.
Baweja Studios Limited - Promoter(s)
Harjaspal Singh Baweja
Paramjit Harjaspal Baweja
Harman Baweja
Rowena Baweja
Pre Issue Share Holding : %
Post Issue Share Holding : %
Baweja Studios Limited IPO - Issue Objectives
To meet the working capital requirements
General corporate purposes
Baweja Studios Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Baweja Studios Limited | 5.52 | 5.52 | 13.77 | 32.59 | 40.12 | 13.07 | Consolidated |
| Shemaroo Entertainment Ltd | 3.45 | 3.45 | 216.11 | 48.3 | 1.59 | 0.49 | Standalone |
| Eros International Media Ltd. | -12.48 | -12.48 | 107.16 | -2.31 | -11.34 | 0.2 | Standalone |
| Zee Entertainment Enterprises Ltd. | 0.5 | 0.5 | 111.63 | 500.1 | 0.45 | 1.9 | Standalone |
| Mukta Arts Ltd. | 8.33 | 8.33 | 90.19 | 11.24 | 90.99 | 0.49 | Standalone |
| Vels Film International Limited | 1.5 | 1.5 | 41.81 | 66.43 | 3.39 | N/A | Standalone |
Notes:
- The figures for Baweja Studios Limited are based on the Restated Financial Statements for the period ending March 31, 2023.
- The figures for the peer group are for the year ended March 31, 2023, and are based on their respective standalone financial statements filed with the Stock Exchange.
- CMP of the peer group is as per the closing price as of January 12, 2024, as available on www.bseindia.com and www.nseindia.com.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.
- Net worth has been computed as the aggregate of share capital and reserves and surplus (excluding Revaluation Reserves) and as attributable to the owners of the Company.
- The P/E Ratio for the peer has been computed based on the closing market price of respective equity shares as on March 31, 2023, sourced from the website of the Stock Exchange and divided by the Basic/diluted EPS as applicable.
- RoNW is computed as net profit after tax, as attributable to the owners of the Company, divided by closing net worth.
Contact Details
Baweja Studios Limited
Flat No. C/65, Ashirwad, 2nd Cross Lane, Lokhandwala Complex, Andheri, Mumbai - 400053
+91 22 3590 1403
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Baweja Studios Limited IPO - FAQs
Ans. Baweja Studios Limited IPO is a SME IPO. The issue is priced at ₹170-180 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Jan 29, 2024, and closes on Feb 1, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Baweja Studios Limited IPO opens on Jan 29, 2024 and closes on Feb 1, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Baweja Studios Limited IPO is 5,400,000 shares(aggregating up to ₹97.20 Cr).
Ans. The Baweja Studios Limited IPO price band is set between ₹170-180 per equity share.
Ans. To apply for Baweja Studios Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Baweja Studios 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 Baweja Studios Limited IPO is Feb 2, 2024.
Ans. The Baweja Studios Limited IPO will be listed on Feb 6, 2024.
Ans. Follow the steps to check the Baweja Studios Limited IPO allotment status online.
