Thinking Hats Entertainment Solutions Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 324,000 (9%) | — | ₹14 Cr |
| NII (HNI) | — | 876,000 (26%) | — | ₹385 Cr |
| Retail | — | 2,049,000 (60%) | — | ₹902 Cr |
| Market Maker | — | 180,000 (5%) | — | ₹8 Cr |
| Σ Total | — | 3,429,000 (100%) | — | ₹15,088 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹132,000 |
| Retail (Max) | 13 | 39,000 | ₹1,716,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,848,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,844,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 2,670 | 2,228 | 1,245 |
| Profit After Tax | 309 | 201 | 37 |
| Net Worth | 1,100 | 573 | 372 |
| Total Assets | 2,403 | 1,457 | 641 |
| Reserves & Surplus | 1,012 | 497 | 296 |
| Total Borrowing | 543 | 414 | 29 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
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 –
Company Overview
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 creation.
- They have established connections with their clients and key figures in the entertainment industry, such as writers, directors, and streaming platforms.
- Strong brand recognition and a reputation for excellence in successful event management and retail visual merchandising.
As of September 2024, the Company had 35 employees on payroll.