Touchwood Entertainment Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 498,000 (47%) | — | ₹199 Cr |
| Retail | — | 501,000 (48%) | — | ₹200 Cr |
| Market Maker | — | 54,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 1,053,000 (100%) | — | ₹4,212 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 | ₹120,000 |
| Retail (Max) | 13 | 39,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,040,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31-Aug-2017 | 31-mar-2017 | 31-mar-2016 |
|---|---|---|---|
| Revenue | 381 | 1,342 | 1,277 |
| Profit After Tax | 33 | 101 | 3 |
| Net Worth | — | 280 | 188 |
| Total Assets | 776 | 812 | 681 |
| Reserves & Surplus | 66 | 79 | -14 |
| Total Borrowing | 122 | 51 | 63 |
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
- Capital Expenditures for Business Expansion – 1.9
- General Corporate Purposes – 0.97
- Repayment of Loans – 0.85
- Issue Expenses – 0.50
Company Overview
Incorporated in 1997, Touchwood Entertainment Limited is Delhi based Events Management Company. Touchwood services include event planning, marketing, production and legal services for the events. Company mainly assist with all the planning, facilitating, negotiating, and handling of various aspects of wedding planning.
The services offered by company include:
1. Mega Ground Concerts
2. Private Social Events
3. Wedding Planning and Wedding Decor
4. Political Activation
5. Artist Management
6. Destination Wedding
Company handles all possible aspects of an event and caters to varying entertainment and promotional needs.