BAJAJ BROKING

Notification
No new Notification messages
Nisus Finance Services IPO is Open!
Apply for the Nisus Finance Services IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Q2 FY'24-25 Results of Top Companies
Reliance, TCS, HDFC Bank & more: Explore key financial highlights from India's top quarterly results.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Thinking Hats Entertainment Solutions IPO: Things Smart Investors Need to Know

Listen to our Podcast: Grow your wealth and keep it secure.

0:00 / 0:00

Thinking Hats Entertainment Solutions Limited, incorporated in February 2013, is a specialized firm offering services in concept development, event design, and live production. They cater to a diverse range of sectors including corporate functions, OTT content, and experiential marketing. The company has a solid foothold in content production, particularly for OTT platforms such as Netflix, Amazon Prime, Sony Liv, MX Player, and Disney+Hotstar. Their portfolio also includes notable works like “Kathmandu Connection 2” and “Aapkey Kamrey Me Koi Rehta Hai.”

Core Business and Market Position:

The company is known for its high-quality production capabilities and innovative content development, solidifying its position in the entertainment and event management industry. With rising demand in OTT and experiential marketing, the company is well-positioned to grow.

Thinking Hats Entertainment Solutions IPO Details and Objectives

The IPO aims to raise ₹15.09 Cr through the issue of 3,429,000 shares. The company plans to utilize the proceeds for prepayment of loans, working capital needs, and general corporate purposes.

IPO Details

Description

IPO Open Date

September 25, 2024

IPO Close Date

September 27, 2024

Issue Type

Book Built Issue IPO

Face Value

₹10 per share

Price Band

₹42 to ₹44 per share

Lot Size

3,000 shares

Total Issue Size

3,429,000 shares

Purpose of the IPO:

  • Prepayment or repayment of loans.
  • Funding working capital requirements.
  • General corporate purposes.

Timeline of Thinking Hats Entertainment Solutions IPO

Event

Date

IPO Open Date

September 25, 2024

IPO Close Date

September 27, 2024

Allotment Date

September 30, 2024

Refunds Initiation

October 1, 2024

Shares Credited to Demat

October 1, 2024

Listing Date

October 3, 2024

Pricing and Lot Size of Thinking Hats Entertainment Solutions IPO

  • Price Band: ₹42 to ₹44 per share
  • Minimum Lot Size: 3,000 shares
  • Retail Investors Minimum Investment: ₹132,000 for one lot
  • HNI Minimum Investment: ₹264,000 for two lots

How to Apply for the Thinking Hats Entertainment Solutions IPO?

Online Application Process:

  1. Log into your Bajaj Broking account through the website or the Trading App.
  2. Navigate to the IPO section.
  3. Select "Thinking Hats Entertainment Solutions IPO" and enter your bid details.
  4. Confirm UPI mandate and block funds.
  5. Monitor allotment updates.

Financial Health and Performance

Key Financial Metrics:

  • Assets (FY 2024): ₹2,403.22 Lakhs
  • Revenue (FY 2024): ₹2,670.1 Lakhs
  • Profit After Tax (FY 2024): ₹309.16 Lakhs

Recent Performance and Growth Prospects:

The company’s revenue grew by 20% in FY 2024, while profit after tax surged by 54%. The company has a strong growth trajectory backed by increasing demand for OTT content and experiential marketing.

Investment Risks and Opportunities

Potential Risks of Investing in the IPO:

  • Dependence on client contracts for a large portion of revenues.
  • High competition in the event management and OTT content sector.

Opportunities and Growth Potential:

  • Expansion in OTT production with partnerships on platforms like Netflix and Amazon.
  • Growth in the corporate event management space due to increasing demand for experiential marketing.

Key Performance Indicator (KPI)

KPI

Values (FY 2024)

ROE

28.11%

ROCE

29.37%

Debt/Equity

0.49

PAT Margin (%)

11.61%

Thinking Hats Entertainment Solutions IPO Registrar

Registrar

Contact Details

MAS Services Limited

T-34, 2nd Floor, Okhla Industrial Area, Phase-II, New Delhi- 110 020

Conclusion

The Thinking Hats Entertainment Solutions IPO offers investors an opportunity to invest in a growing entertainment company with a diverse portfolio. With strong financial growth and increasing demand for content production, the IPO presents promising prospects. However, potential investors should carefully assess the risks and market conditions before making a decision.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://bit.ly/3Tcsfuc

Frequently Asked Questions

What is the Thinking Hats Entertainment Solutions IPO and why is it significant?

Answer Field

The IPO allows Thinking Hats Entertainment to raise funds for debt repayment, working capital, and corporate purposes, positioning it for growth in the entertainment sector.

What is the price band for the Thinking Hats Entertainment Solutions IPO, and how was it determined?

Answer Field

The price band is set between ₹42 and ₹44 per share based on the company’s financials and market conditions.

No Result Found

Read More Blogs

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs + Users

icon-with-text

4.8+ App Rating

icon-with-text

4 Languages

icon-with-text

₹5000+ Cr MTF Book

icon-with-text