Baweja Studios Limited IPO
Baweja Studios Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹170–₹180 per share. The stock debuted at ₹183, delivering a listing gain of 1.7%. The IPO had a lot size of ₹800 shares and a minimum investment of ₹1,44,000.
Baweja Studios Limited IPO
- IPO Dates
- Jan 29, 2024 – Feb 1, 2024
- Price band
- ₹170-180 per equity share
- Minimum Investment
- ₹1,44,000
- Issue size
- ₹97.2 Cr
- Lot size
- 800
- Allotment Date
- Feb 2, 2024
- Listing
- Feb 6, 2024
- Listing At
- NSE SME
IPO timeline
-
Jan 29, 2024
Open Date
Completed
-
Feb 1, 2024
Close Date
Completed
-
Feb 2, 2024
Allotment Date
Completed
-
Feb 6, 2024
Listing Date
Completed
Baweja Studios Limited IPO Essentials
Baweja Studios Limited IPO Details
Baweja Studios Limited IPO is priced at ₹170-180 per share with a total issue size of 97.2 crore. The IPO has a lot size of 800 shares and is listed on NSE SME.
- Issue price
- ₹170-180 per equity share
- Lot size
- 800 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 5,400,000 shares(aggregating up to ₹97.20 Cr)
- Total issue size
- 54,00,000 shares
(aggregating up to ₹97.2 crore) - Fresh issue
- 40,00,000 shares
(aggregating up to ₹72 crore) - Offer for sale (OFS)
- 14,00,000 shares
(aggregating up to ₹25.2 crore) - Listing at
- NSE SME
- List price
- 183.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Fedex Securities Pvt 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 reservation details show category-wise allocation of shares. Out of the total 5,400,000 shares, approximately 4.03% are reserved for QIB, 42.3% for NII, 42.3% for retail investors, 5.33% for market maker, and 6.04% for 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 Analytics
Baweja Studios Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Baweja Studios Limited IPO Subscription Status
Baweja Studios Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹5.52/-
- EPS Post IPO
- ₹4.32/-
- P/E Pre IPO
- 32.59
- P/E Post IPO
- 41.62
Returns
- ROE
- 40.12%
- ROCE
- 52.55%
- RoNW
- 40.12%
Fundamentals
- Debt / Equity
- 0.07
- Price / Book
- 13.07
Baweja Studios Limited Financials( In Lakhs)
| 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 |
Baweja Studios Limited Company & Offer Insights
About Baweja Studios Limited
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 are the company's promoters of Baweja Studios Limited.
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 Information
Contact Details
Baweja Studios Limited
+91 22 3590 1403
https://www.bawejastudios.com/
Flat No. C/65, Ashirwad, 2nd Cross Lane, Lokhandwala Complex, Andheri, Mumbai - 400053
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Frequently Asked Questions
Click any question to reveal the answer
Baweja Studios Limited IPO is a book-built IPO worth ₹97.2 crore. The price band is ₹170–₹180 per share. The IPO opens on Jan 29, 2024 and closes on Feb 1, 2024. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The price band of Baweja Studios Limited IPO is ₹170 to ₹180 per share.
The lot size of Baweja Studios Limited IPO is 800 shares.
The minimum investment for Baweja Studios Limited IPO is approximately ₹1,44,000 based on the upper price band .
Baweja Studios Limited IPO opens on Jan 29, 2024 and closes on Feb 1, 2024.
The allotment date of Baweja Studios Limited IPO is Feb 2, 2024.
Baweja Studios Limited IPO is expected to be listed on Feb 6, 2024, on NSE SME Platform.
Baweja Studios Limited IPO valuation snapshot: P/E 41.62, EPS ₹4.32/-, P/B 13.07, RoNW 40.12%, and market cap N/A.
To apply for Baweja Studios Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Baweja Studios Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Baweja Studios Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Baweja Studios Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Baweja Studios Limited IPO allotment status on IPO Ji for quick and easy access.