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Open
25 Sep 2024
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Close
27 Sep 2024
3
Allotment
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Listing
Thu, Oct 3, 2024
Price Band
₹42 to ₹44
Issue Size
34,29,000 shares (agg. up to ₹15 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Oct 3, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 320.22x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 24.03 | 14.57 | 6.41 |
| Total Income | 26.70 | 22.28 | 12.45 |
| Profit After Tax | 3.09 | 2.01 | 0.37 |
| NET Worth | 11.00 | 5.73 | 3.72 |
| Reserves and Surplus | 10.12 | 4.97 | 2.96 |
| Total Borrowing | 5.43 | 4.14 | 0.29 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Mach Conferences & Events Ltd. | SME | ₹125.28 Cr | ₹225 | 16.16 | ₹295.55 | +31.36% | ₹140.00 (+0.50%) |
| E Factor Experiences Ltd. | SME | ₹25.92 Cr | ₹75 | 9.59 | ₹120.75 | +61.00% | ₹167.00 (+4.41%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or repayment of all or a portion of certain loans availed by the Company; | 2.00 |
| 2 | Funding of working capital requirements of the Company | 8.40 |
| 3 | General corporate purposes | 2.80 |
About Thinking Hats Entertainment IPO
Incorporated in February 2013, Thinking Hats Entertainment Solutions Limited specializes in concept development, event design, and production for live events, corporate functions, MICE, social and virtual events, as well as OTT content production and experiential marketing with a focus on content development, intellectual property curation, and tech-centric product development. The company makes exclusive content for OTT platforms such as Netflix, Amazon, Sony Liv, MX Player, Disney+Hotstar, Voot, Zee5, etc. The company has produced two web series for OTT platforms: "Aapkey Kamrey Me Koi Rehta Hai" and "Kathmandu Connection 2", as well as one Bengali movie titled "Onek Diner Pore". In addition to movies and OTT web series, we also create short films for YouTube content and corporate event movies. The company's clients include Tata Group, including Westside and Zudio, Goldman Sachs, McDonalds, and Uber, as well as media brands like The Times of India, HT Media, Network 18 Media & Investments, Radio Mirchi, and Fever Entertainment. Competitive Strength Talented team with a successful track record in event management, retail visual merchandising, and high-quality digital content creat
Contact Details
Thinking Hats Entertainment Solutions Ltd. AddressKU220, Kuber Kartik, New Link RoadPrem Co-operative SocietyAndheri (west)Mumbai, Maharashtra, 400053+91 976 915 6256info@thes.inVisit Website