Thinking Hats Entertainment Solution IPO GMP : Thinking Hats Entertainment Solution IPO GMP is Open on 25 September 2024 and Close on 27 September 2024. Thinking Hats Entertainment Solution IPO to Raise 3,429,000 shares (Approx ₹15.09 Cr) via IPO. The Fresh issue of 3,429,000 shares (Approx ₹15.09 Cr).
Our Company was incorporated on February 11, 2013, Thinking Hats has evolved from a premier concept development, event design and production company that specializes
in live events, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), social and virtual events to an OTT content production and experiential marketing company with a strong focus on content development, intellectual property curation and tech centric product development.
With more than a decade of experience in creating events and experiences, Thinking Hats is a team of visionaries who convert clients dreams into reality. Our creative and personalized approach executes every event with the utmost professionalism and provides our clients with dependable solutions and the finest attention to detail.
Thinking Hats began its event management and retail visual merchandising since incorporation and has been offering event management services related to Corporates Events, Corporate Meetings, Conference Management, Brands and Product Launches, Lifestyle and Fashion Events, Exhibitions & Fairs, Entertainment Show Management, Pan-India Ground Activations and Artist Management among others in India.
Our Event Management services are offered from Media, Retail, Financial, Food, Education, Healthcare and Technology industries. We also provide prominent display and retail visual merchandise with a broad spectrum of offerings and in-store solutions to various retail stores.
We recognize that Artificial Intelligence (AI), Augmented Reality (AR), Visual Reality (VR), photos, content licencing including music & videos, animation and others are key growth areas, and we are committed to expanding our business in these areas.
Thinking Hats Entertainment Solution IPO Date & Price Band Details
| IPO Open Date | 25 Sep 2024 |
|---|---|
| IPO Close Date | 27 Sep 2024 |
| IPO Size | 3,429,000 shares (Approx ₹15.09 Cr) |
| Fresh Issue | 3,429,000 shares (Approx ₹15.09 Cr) |
| Lot Size | 3000 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹42 to ₹44 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 63.07% |
| IPO QIB Quota | 9.97% |
| IPO NII Quota | 26.96% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Thinking Hats Entertainment Solution IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 3000 | ₹132,000 |
| Retail Maximum | 1 | 3000 | ₹132,000 |
| S-HNI Minimum | 2 | 6000 | ₹264,000 |
Object of the Issue
- Prepayment or repayment of all or a portion of certain loans availed by our Company.
- Funding of working capital requirements of our Company.
- General Corporate Purposes.
Thinking Hats Entertainment Solution IPO Allotment & Listings (Details)
| IPO Open Date | 25 Sep 2024 |
|---|---|
| IPO Close Date | 27 Sep 2024 |
| Basis of Allotment | 30 Sep 2024 |
| Refunds | 1 Oct 2024 |
| Credit to Demat Account | 1 Oct 2024 |
| IPO Listing Date | 3 Oct 2024 |
Thinking Hats Entertainment Solution Financial Reports
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| 2024 | ₹26.70 | ₹22.40 | ₹3.09 |
| 2023 | ₹22.28 | ₹19.53 | ₹2.01 |
| 2022 | ₹12.45 | ₹11.97 | ₹0.37 |
Our Company Promoters
- Rajesh Bhardwaj
- Gaurav Singhania
- Shruti Singhania
Qualitative Factors
- Diversified service portfolio with more than 10 years of track record.
- Geographical presence.
- Strong in-house concept creation and designing expertise.
- Marque Clientele.
- Meeting expectation of clients and maintaining long term relationship with clients.
- Well experienced management team with proven project management and implementation skills.
Comparison of Accounting Ratios with Peer Group Companies
| Company Name | Face Value | EPS | P/E Ratio | RONW | NAV Per | Revenue (₹ in Lakhs) |
|---|---|---|---|---|---|---|
| Thinking Hats Entertainment Ltd | 10.00 | 3.57 | [.] | 28.11% | 12.56 | 2,663.18 |
| Peer Group | ||||||
| E Factor Experiences Ltd | 10.00 | 13.63 | 14.20 | 30.48% | 38.50 | 14,855.74 |
| Inspire Films Ltd | 10.00 | 3.07 | 17.8 | 7.62% | 24.80 | 3,036.82 |
Also Read: Divyadhan Recycling Industries IPO
Thinking Hats Entertainment Solution Company Contact Details
KU220, Kuber Kartik, New Link Road,
Prem Co-operative Society, Andheri West, Mumbai – 400 053,
Maharashtra, India.
Telephone: +91 976 915 6256
Contact Person: Palak Jain
Website: www.thes.in
Email: info@thes.in
Thinking Hats Entertainment Solution Lead Manager
Horizon Management Private Limited
19 R N Mukherjee Road,
Main Building, 2nd Floor,
Kolkata – 700 001, West Bengal, India.
Telephone: +91 33 4600 0607
E-mail: smeipo@horizon.net.co
Website: www.horizonmanagement.in
Investor grievance: investor.relations@horizon.net.co
Thinking Hats Entertainment Solution IPO Registrar
MAS Services Limited
T-34, 2nd Floor, Okhla Industrial Area,
Phase-II, New Delhi- 110 020,
Delhi, India.
Telephone: +91 112 638 7281/83, 114 132 0335
E-mail: ipo@masserv.com
Website: www.masserv.com
Investor grievance: investor@masserv.com
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