Thinking Hats Entertainment Solutions Limited launched its IPO on September 25, 2024. The Thinking Hats Entertainment Solutions Limited IPO is a book-built issue that aims to raise ₹15.09 crores through a fresh issue of 34.29 lakh shares. With its IPO segment, the company plans to raise ₹15.09 crores by offering 34.29 lakh shares at a price between ₹42 and ₹44. Retail investors can participate with a minimum lot size of 3,000 shares. The IPO allotment is expected on September 30, 2024, with listing on the BSE and NSE set for October 3, 2024.
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Thinking Hats Entertainment Solutions IPO Timeline (Tentative Schedule)
| Detail | Information |
| IPO Opening Date | September 25, 2024 |
| IPO Closing Date | September 27, 2024 |
| Listing Date | October 3, 2024 |
| Face Value | ₹10 |
| Price Range | ₹42 – ₹44 |
| Lot Size | 3,000 shares |
| Total Issue Size | ₹15.09 crores |
| Fresh Issue | 34.29 lakh shares |
| IPO Segment | Book Built |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 78.29% |
Thinking Hats Entertainment Solutions Limited| Company Overview
Thinking Hats Entertainment Solutions Limited, established in 2013, is a concept development and event production company. It provides services for live events, corporate functions, MICE (Meetings, Incentives, Conferences, and Exhibitions), social and virtual events, and OTT content production. The company has collaborated with clients like Tata Group, Goldman Sachs, McDonald’s, Uber, and The Times of India.
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Key IPO Details
- Thinking Hats Entertainment Solutions IPO Opening Date: September 25, 2024
- Thinking Hats Entertainment Solutions Limited IPO Closing Date: September 27, 2024
- Thinking Hats Entertainment Solutions IPO Allotment Date: September 30, 2024
- Thinking Hats Entertainment Solutions Limited IPO Price Band: ₹42 – ₹44
- Thinking Hats Entertainment Solutions Limited IPO Lot Size: 3,000 shares
- IPO Refunds Initiated: October 1, 2024
- Shares Credited to Demat: October 1, 2024
- IPO Listing Date: October 3, 2024
- IPO Subscription Status: 6.35 times on Sep 25, 2024 12:20:00 PM
- Thinking Hats Entertainment Solutions GMP – ₹25, as on Sep 25th 2024 09:53 AM.
Thinking Hats Entertainment Solutions Ltd: Financial Highlights
Thinking Hats Entertainment Solutions Limited has shown significant growth in its financial performance. The company’s revenue increased by 20% from the previous year, and profit after tax (PAT) rose by 54%.
Financial Summary
| Period Ended | Assets (₹ Cr) | Revenue (₹ Cr) | Profit After Tax (₹ Cr) | Net Worth (₹ Cr) |
| FY 2023 | ₹14.5 | ₹2,220 | ₹200 | ₹1,200 |
| FY 2024 | ₹16.2 | ₹2,670 | ₹309.16 | ₹1,500 |
FAQs | Thinking Hats Entertainment Solutions Limited IPO
Thinking Hats Entertainment Solutions Limited is a company focused on concept development and production for live and virtual events.
The bidding date for the Thinking Hats Entertainment Solutions Limited IPO is from September 25, 2024 to September 27, 2024.
The IPO lot size for Thinking Hats Entertainment Solutions Limited is 3,000 shares.
The Thinking Hats Entertainment Solutions Limited IPO launch date is September 25, 2024. It will remain open for subscription until September 27, 2024.
You can check the allotment of IPO shares through the official registrar’s website.
The IPO allotment is expected to be finalized on September 30, 2024.
The IPO face value is set at ₹10.
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