Thinking Hats Entertainment IPO Date, Review, Price, Allotment Details

Thinking Hats Entertainment IPO open date is September 25, 2024 and the IPO will close on September 27, 2024. Thinking Hats Entertainment IPO is a Book Built Issue. The company to raise around ₹15.09 crores via IPO that comprises fresh issue of ₹15.09 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Thinking Hats Entertainment IPO price band is ₹42 to ₹44 per share. The retail quota is 63.07%, QIB is 9.97%, and HNI is 26.96%. Thinking Hats Entertainment IPO to list on NSE on October 3, 2024. The allotment of Thinking Hats Entertainment IPO date is September 30, 2024.

The company reported revenue of ₹26.70 crores in 2024 against ₹22.28 crore in 2023. The company reported profit of ₹3.09 crores in 2024 against profit of ₹2.01 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Thinking Hats Entertainment IPO

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Thinking Hats Entertainment IPO Details

IPO Open Date:September 25, 2024
IPO Close Date:September 27, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹42 to ₹44 Per Share
Issue Size:Approx ₹15.09 Crores
Fresh Issue:Approx ₹15.09 Crores
Issue Type:Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 63.07%
QIB Quota:Not more than 9.97%
NII Quota:Not more than 26.96%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Thinking Hats Entertainment IPO IPO Market Lot

The Thinking Hats Entertainment IPO minimum market lot is 3000 shares with ₹132,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum13000₹132,000
Retail Maximum13000₹132,000
HNI Minimum26000₹264,000

Thinking Hats Entertainment IPO Dates

The Thinking Hats Entertainment IPO date is September 25 and the close date is September 27. The Thinking Hats Entertainment IPO allotment will be finalized on September 30 and the IPO listing on October 3.

IPO Open Date:September 25, 2024
IPO Close Date:September 27, 2024
Basis of Allotment:September 30, 2024
Refunds:October 1, 2024
Credit to Demat Account:October 1, 2024
IPO Listing Date:October 3, 2024

Promoters of Thinking Hats Entertainment IPO

The promoters of the company are Rajesh Bhardwaj, Gaurav Singhania and Shruti Singhania.

About Thinking Hats Entertainment IPO

Thinking Hats Entertainment Solutions Private Limited was incorporated on February 11, 2013, as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. This Company was converted into a public limited company on August 18, 2023. 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 strong focus on content development, intellectual property curation and tech centric product development. Owing to their dedication and decades of experience this company became a team of visionaries who convert client’s dreams into reality.

The company’s Event Management services are offered in the Media, Retail, Financial, Food, Education, Healthcare and Technology industries. They also provide prominent display and retail visual merchandise with a broad spectrum of offerings and in-store solutions to various retail stores.

This company’s Promoters, Rajesh Bhardwaj, Managing Director, Gaurav Singhania, Wholetime Director and CFO, and Shruti Singhania, Non-Executive Non- Independent have been leading the Company’s strategy and operations. This Company has been achieving a dynamic service and customer portfolio adding clients under various genres from the Media, Retail, Financial, Food, Education, and Technology industries.

Thinking Hats Entertainment IPO Company Financial Report

The company reported revenue of ₹26.70 crores in 2024 against ₹22.28 crore in 2023. The company reported profit of ₹3.09 crores in 2024 against profit of ₹2.01 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹12.45₹11.97₹0.37₹6.41
2023₹22.28₹19.53₹2.01₹14.57
2024₹26.70₹22.40₹3.09₹24.03

Thinking Hats Entertainment IPO Valuation – FY2024

Check Thinking Hats Entertainment IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:28.11%
ROCE:29.37%
EBITDA Margin:18.76%
PAT Margin:11.61%
Debt to equity ratio:0.49
Earning Per Share (EPS):₹3.57 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):28.11%
Net Asset Value (NAV):₹12.56

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
E Factor Experiences Ltd13.6314.2030.48%38.50148.56 Cr.
Inspire Films Ltd3.0717.87.62%24.8030.37 Cr.

Objects of the Issue

  • 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 IPO Review

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Thinking Hats Entertainment IPO Registrar

Mas Services Limited
Phone: (011) 2610 4142
Email: [email protected]
Website: https://www.masserv.com/opt.asp

IPO Lead Managers aka Merchant Bankers

  • Horizon Financial Pvt Ltd

Company Address

Thinking Hats Entertainment Solutions Limited
KU220, Kuber Kartik, New Link Road
Prem Co-operative Society
Andheri West, Mumbai – 400 053
Phone: +91 976 915 6256
Email: [email protected]
Website: https://thes.in/

Thinking Hats Entertainment IPO FAQs

What is Thinking Hats Entertainment IPO?

Thinking Hats Entertainment IPO is a SME IPO. The company is going to raise ₹15.09 Crores via IPO. The issue is priced at ₹42 to ₹44 pr equity share. The IPO is to be listed on NSE.

When Thinking Hats Entertainment IPO will open for subscription?

The IPO is to open on September 25, 2024 for QIB, NII, and Retail Investors. The IPO will close on September 27, 2024.

What is Thinking Hats Entertainment IPO Investors Portion?

The investors’ portion for QIB is 9.97%, NII is 26.96%, and Retail is 63.07%.

How to Apply the Thinking Hats Entertainment IPO?

You can apply for Thinking Hats Entertainment IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Thinking Hats Entertainment IPO Issue Size?

Thinking Hats Entertainment IPO issue size is ₹15.09 crores.

What is Thinking Hats Entertainment IPO Price Band?

Thinking Hats Entertainment IPO Price Band is ₹42 to ₹44.

What is Thinking Hats Entertainment IPO Lot Size?

The minimum bid is 3000 Shares with ₹132,000 amount.

What is the Thinking Hats Entertainment IPO Allotment Date?

Thinking Hats Entertainment IPO allotment date is September 30, 2024.

What is the Thinking Hats Entertainment IPO Listing Date?

Thinking Hats Entertainment IPO listing date is October 3, 2024. The IPO is to list on NSE.

Note: The Thinking Hats Entertainment IPO price band and date are officially announced. The (Thinking Hats Entertainment IPO grey market premium) will be added to the IPO GMP page as it will start).
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