Thinking Hats Entertainment Solutions IPO subscribed 17x today. Check the GMP and other details
Thinking Hats Entertainment Solutions specializes in concept development, event design, and production for live events, corporate functions, MICE, social and virtual events, along with OTT content production and experiential marketing.
The company creates exclusive content for OTT platforms like Netflix, Amazon, and Disney+Hotstar.
Clients include Tata Group, Goldman Sachs, McDonald’s, Uber, and media brands like The Times of India and Radio Mirchi.
Thinking Hats Entertainment Solutions Other Details
| Details | Information |
|---|
| Open Date | 25 Sep, 2024 |
| Close Date | 27 Sep, 2024 |
| Allotment Date | 30 Sep, 2024 |
| Listing Date | 03 Oct, 2024 |
| Issue Price | ₹42-44 per equity share |
| Face Value | ₹10 per equity share |
| Listing at Group | NSE SME |
| Registrar | Mas Services Limited |
| Market Lot | 3000 shares (₹132,000/-) |
| Issue Size | 3,429,000 shares (aggregating up to ₹15.09 Cr) |
| Retail Portion | 35% |
Thinking Hats Entertainment Solutions IPO offers 34,29,000 shares. 3,24,000 (9.45%) to QIB, 8,76,000 (25.55%) to NII, 20,49,000 (59.76%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | – |
| 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 Financials
Amount in Lakhs
| Metric | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
|---|
| Assets | 2,403.22 | 1,456.81 | 641.14 |
| Revenue | 2,670.10 | 2,227.80 | 1,245.20 |
| PAT | 309.16 | 200.79 | 37.21 |
Thinking Hats Entertainment Solutions GMP Today
The current GMP of the company is around Rs.20-25 which is around 45% of the Issue price . It is expected that investors can get a profit of 45% per lot if the stock lists at such GMP price.
Note: The GMP fluctuates on the basis of market demand.
Issue Objectives
- Loan Repayment
- General Corporate Purposes
- Working Capital Requirement
Company Promoters
- Rajesh Bhardwaj
- Gaurav Singhania
- Shruti Singhania
Disclaimer:
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