Thinking Hats Entertainment Solutions IPO
Thinking Hats Entertainment Solutions is an NSE SME IPO listed on the NSE SME platform, priced at ₹42–₹44 per share. The stock debuted at ₹60, delivering a listing gain of 36.4%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,32,000.
Thinking Hats Entertainment Solutions Limited IPO
- IPO Dates
- Sep 25, 2024 – Sep 27, 2024
- Price band
- ₹42-44 per equity share
- Minimum Investment
- ₹1,32,000
- Issue size
- ₹15.09 Cr
- Lot size
- 3000
- Allotment Date
- Sep 30, 2024
- Listing
- Oct 3, 2024
- Listing At
- NSE SME
IPO timeline
-
Sep 25, 2024
Open Date
Completed
-
Sep 27, 2024
Close Date
Completed
-
Sep 30, 2024
Allotment Date
Completed
-
Oct 3, 2024
Listing Date
Completed
Thinking Hats Entertainment Solutions IPO Essentials
Thinking Hats Entertainment Solutions IPO Details
Thinking Hats Entertainment Solutions IPO is priced at ₹42-44 per share with a total issue size of 15.09 crore. The IPO has a lot size of 3000 shares and is listed on NSE SME.
- Issue price
- ₹42-44 per equity share
- Lot size
- 3000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,429,000 shares(aggregating up to ₹15.09 Cr)
- Total issue size
- 34,29,000 shares
(aggregating up to ₹15.09 crore) - Fresh issue
- 34,29,000 shares
(aggregating up to ₹15.09 crore) - Listing at
- NSE SME
- List price
- 60.0
- Listing date
- Registrar
- Mas Services Limited
- Lead manager
-
Horizon Financial Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 3000 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 | 3000 | ₹1,32,000 |
| Retail(max) | 1 | 3000 | ₹1,32,000 |
| NII (min) | 2 | 6,000 | ₹2,64,000 |
Thinking Hats Entertainment Solutions IPO Reservation
Thinking Hats Entertainment Solutions IPO reservation details show category-wise allocation of shares. Out of the total 34,29,000 shares, approximately 9.45% are reserved for QIB, 25.55% for NII, 59.76% for retail investors, and 5.25% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 1,80,000 (5.25%) | |
| QIB Shares Offered | 3,24,000 (9.45%) | |
| NII (HNI) Shares Offered | 8,76,000 (25.55%) | |
| Retail Shares Offered | 20,49,000 (59.76%) | |
| Total Shares Offered | 34,29,000 (100%) |
Thinking Hats Entertainment Solutions IPO Analytics
Thinking Hats Entertainment Solutions IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Thinking Hats Entertainment Solutions IPO Subscription Status
Thinking Hats Entertainment Solutions 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 | 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
Earnings
- EPS Pre IPO
- ₹3.41/-
- EPS Post IPO
- ₹2.48/-
- P/E Pre IPO
- 12.89
- P/E Post IPO
- 17.77
Returns
- ROE
- 28.11%
- ROCE
- 29.37%
- RoNW
- 28.11%
- PAT Margin
- 11.61
Fundamentals
- Debt / Equity
- 0.49
- Price / Book
- 3.50
Thinking Hats Entertainment Solutions Financials( In Lakhs)
| 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 |
Thinking Hats Entertainment Solutions Company & Offer Insights
About Thinking Hats Entertainment Solutions
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)
Rajesh Bhardwaj, Gaurav Singhania, Shruti Singhania are the company's promoters of Thinking Hats Entertainment Solutions.
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 - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Thinking Hats Entertainment Solutions Limited | 3.57 | 3.57 | 12.56 | N/A | 28.11 | 3.67 | Standalone |
| E Factor Experiences Limited | 13.63 | 13.63 | 38.5 | 14.2 | 30.48 | 4.39 | Consolidated |
| Inspire Films Limited | 3.07 | 3.07 | 24.8 | 17.8 | 7.62 | 1.38 | Standalone |
Notes:
- Return on Net Worth (%) = Profit for the year ended March 31, 2024 divided by Total Equity of the Company as on March 31, 2024.
- NAV is computed as the company's Total Equity as of March 31, 2024, divided by the outstanding number of equity shares as of March 31, 2024.
Contact Information
Contact Details
Thinking Hats Entertainment Solutions
+91 976 915 6256
KU220, Kuber Kartik, New Link Road, Prem Co-operative Society, Andheri West, Mumbai - 400 053
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Thinking Hats Entertainment Solutions IPO is a book-built IPO worth ₹15.09 crore. The price band is ₹42–₹44 per share. The IPO opens on Sep 25, 2024 and closes on Sep 27, 2024. It will be listed on NSE SME Platform. Mas Services Limited is the registrar.
The price band of Thinking Hats Entertainment Solutions IPO is ₹42 to ₹44 per share.
The lot size of Thinking Hats Entertainment Solutions IPO is 3000 shares.
The minimum investment for Thinking Hats Entertainment Solutions IPO is approximately ₹1,32,000 based on the upper price band .
Thinking Hats Entertainment Solutions IPO opens on Sep 25, 2024 and closes on Sep 27, 2024.
The allotment date of Thinking Hats Entertainment Solutions IPO is Sep 30, 2024.
Thinking Hats Entertainment Solutions IPO is expected to be listed on Oct 3, 2024, on NSE SME Platform.
Thinking Hats Entertainment Solutions IPO valuation snapshot: P/E 17.77, EPS ₹2.48/-, P/B 3.50, RoNW 28.11%, and market cap N/A.
To apply for Thinking Hats Entertainment Solutions 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 Thinking Hats Entertainment Solutions 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 Thinking Hats Entertainment Solutions IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Thinking Hats Entertainment Solutions IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Thinking Hats Entertainment Solutions IPO allotment status on IPO Ji for quick and easy access.