Thinking Hats Entertainment Solutions Limited (NSE SME)
Sep 25, 2024 - Sep 27, 2024
| Price | ₹42 - ₹44 |
| Premium | ₹30 |
|---|---|
| Lot size | 3000 |
| Allotment | Sep 30, 2024 |
| Listing | Oct 3, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 3000 | 132000 | 683 |
| HNI | 2 | 6000 | 264000 | 292 |
Last updated on 27-Sep-2024 18:37:10
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 324000 | 21924000 | 67.67 |
| NIB | 876000 | 312804000 | 357.08 |
| RETAIL | 2049000 | 712581000 | 347.77 |
| Total | 3249000 | 1047309000 | 322.35 |
| Retail Apps | 237527 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹21.09 | @8% ₹24.11 | @9% ₹27.12 | @10% ₹30.13 | @11% ₹33.14 | @12% ₹36.16 |
Thinking Hats Entertainment Solutions IPO Details
| Issue Size | 3,429,000 shares (aggregating up to ₹15.09 Cr) |
| Fresh Issue | 3,429,000 shares (aggregating up to ₹15.09 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 9,058,150 |
| Share holding post issue | 12,487,150 |
| Market Maker portion | 180,000 shares Giriraj Stock Broking |
Thinking Hats Entertainment Solutions IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 9.97% of the Net Issue |
| Retail Shares Offered | Not less than 63.07% of the Net Issue |
| NII (HNI) Shares Offered | Not more than 26.96% of the Net Issue |
Key Performance Indicator
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 28.11% | 35.03% | 9.99% |
| ROCE | 29.37% | 29.25% | 11.86% |
| RONW | 28.11% | 35.03% | 9.99% |
| D/E | 0.49 | 0.72 | 0.08 |
| EPS (basic) | 3.57 | 2.32 | 0.43 |
| P/E Pre IPO | 12.89 | ||
| P/E Post IPO | 17.77 |
Company Financials
Thinking Hats Entertainment Solutions Limited Financial Information (Restated)
Thinking Hats Entertainment Solutions Limited's revenue increased by 20% and profit after tax (PAT) rose by 54% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period | Mar 2024 | Mar 2023 | Mar 2022 | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 2,403.22 | 1,456.81 | 641.14 | |||||||||||||||||||||||||||
| Revenue | 2,670.1 | 2,227.8 | 1,245.2 | |||||||||||||||||||||||||||
| Profit | 309.16 | 200.79 | 37.21 | |||||||||||||||||||||||||||
| Net Worth | 1,099.86 | 573.26 | 372.47 | |||||||||||||||||||||||||||
| Reserves | 1,012.28 | 497.01 | 296.22 | |||||||||||||||||||||||||||
| Borrowing | 543.46 | 413.65 | 29.22 | |||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||
About Company
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, along with OTT content production and experiential marketing. The company focuses on content creation, intellectual property curation, and tech-centric product development, producing exclusive content for major OTT platforms such as Netflix, Amazon, Sony Liv, Disney+Hotstar, Zee5, and others. Notable productions include the web series "Aapkey Kamrey Me Koi Rehta Hai" and "Kathmandu Connection 2," as well as the Bengali movie "Onek Diner Pore." Additionally, the company creates short films for YouTube and corporate event movies. Clients include prominent names like Tata Group, Goldman Sachs, McDonalds, and Uber, as well as media brands such as The Times of India, HT Media, and Network 18. As of September 2024, the company employed 35 people.
Horizon Financial Pvt Ltd
Diversified Service Portfolio: Over a decade of experience in various areas such as event design, OTT content production, and experiential marketing demonstrates versatility and reliability.
Geographical Presence: Established presence across multiple regions enhances market reach and client accessibility.
In-House Expertise: Strong capabilities in concept creation and design support high-quality, innovative solutions for diverse client needs.
Revenue Dependence: Heavy reliance on the event management division means any decrease in clients or disruptions in this area could impact overall revenue and operations.
Client Retention Risks: Dependence on key customers for revenue could be detrimental if these customers reduce their business or shift to competitors.
Seasonal Fluctuations: Occasional or seasonal variations in demand may lead to cash flow issues and affect business stability.
Phone: (011) 2610 4142
Email: ipo@masserv.com
Website: https://www.masserv.com/opt.asp