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

CategoryOfferedAppliedTimes
QIB3240002192400067.67
NIB876000312804000357.08
RETAIL2049000712581000347.77
Total32490001047309000322.35
Retail Apps237527© 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
About

Thinking Hats Entertainment Solutions IPO Details

Issue Size3,429,000 shares
(aggregating up to ₹15.09 Cr)
Fresh Issue3,429,000 shares
(aggregating up to ₹15.09 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue9,058,150
Share holding post issue12,487,150
Market Maker portion180,000 shares
Giriraj Stock Broking

Thinking Hats Entertainment Solutions IPO Reservation

Investor CategoryShares Offered
QIB Shares OfferedNot more than 9.97% of the Net Issue
Retail Shares OfferedNot less than 63.07% of the Net Issue
NII (HNI) Shares OfferedNot more than 26.96% of the Net Issue

Key Performance Indicator

KPIMar-24Mar-23Mar-22
ROE28.11%35.03%9.99%
ROCE29.37%29.25%11.86%
RONW28.11%35.03%9.99%
D/E0.490.720.08
EPS
(basic)
3.572.320.43
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.

PeriodMar 2024Mar 2023Mar 2022
Assets2,403.221,456.81641.14
Revenue2,670.12,227.81,245.2
Profit309.16200.7937.21
Net Worth1,099.86573.26372.47
Reserves1,012.28497.01296.22
Borrowing543.46413.6529.22
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.

Lead Manager(s)

Horizon Financial Pvt Ltd

Strength

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.

Weakness

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.

Registrar
Mas Services Limited
Phone: (011) 2610 4142
Email: ipo@masserv.com
Website: https://www.masserv.com/opt.asp