Thinking Hats Entertainment IPO Details
| IPO Open Date: | September 25, 2024 |
| IPO Close Date: | September 27, 2024 |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹42 to ā¹44 Per Share |
| Issue Size: | Approx ā¹15.09 Crores |
| Fresh Issue: | Approx ā¹15.09 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 ā¹132,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3000 | ā¹132,000 |
| Retail Maximum | 1 | 3000 | ā¹132,000 |
| HNI Minimum | 2 | 6000 | ā¹264,000 |
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 companyās 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 companyās 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 ā¹26.70 crores in 2024 against ā¹22.28 crore in 2023. The company reported profit of ā¹3.09 crores in 2024 against profit of ā¹2.01 crores in 2023.
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ā¹12.45 | ā¹11.97 | ā¹0.37 | ā¹6.41 |
| 2023 | ā¹22.28 | ā¹19.53 | ā¹2.01 | ā¹14.57 |
| 2024 | ā¹26.70 | ā¹22.40 | ā¹3.09 | ā¹24.03 |
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.
| KPI | Values |
| ROE: | 28.11% |
| ROCE: | 29.37% |
| EBITDA Margin: | 18.76% |
| PAT Margin: | 11.61% |
| Debt to equity ratio: | 0.49 |
| Earning Per Share (EPS): | ā¹3.57 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 28.11% |
| Net Asset Value (NAV): | ā¹12.56 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| E Factor Experiences Ltd | 13.63 | 14.20 | 30.48% | 38.50 | 148.56 Cr. |
| Inspire Films Ltd | 3.07 | 17.8 | 7.62% | 24.80 | 30.37 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/
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