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Thinking Hats Entertainment Solutions IPO Details

25 September - 27 September 2024 Closed
SME NSE

The Thinking Hats Entertainment Solutions IPO is a book build issue with a total issue size of ₹15.09 cr, comprising of fresh issue of 3429000 equity shares. Thinking Hats Entertainment Solutions IPO opened for subscription on Sep 25, 2024 and closed on Sep 27, 2024. Thinking Hats Entertainment Solutions IPO is set price band at ₹42 to ₹44 per share, with a lot size of 3000 shares. Minimum investment for Retail investors was ₹264,000.00 (at the upper price band) to apply for one lot.

The basis of allotment got finalized on Sep 30, 2024, and listed on the NSE on Oct 03, 2024.

Mas Services Limited has been appointed as the registrar. are the Book Running Lead Manager for the issue.

Before investing in the Thinking Hats Entertainment Solutions IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.

Price Band
₹ 42 – 44
Lot Size
3000
Issue Size
₹15.09 Cr
Minimum Investment
₹264000 (6000 Shares)
Listing Date
03 October 2024

Current GMP

₹30 (+68.18%)

Open Date 25 September, 2024
Close Date 27 September, 2024
Market Cap -
Industry
Sector
Subscription 322.35x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

About Thinking Hats Entertainment Solutions Limited

Thinking Hats has evolved from a leading concept development and event production company—specializing in live events, corporate functions, MICE (Meetings, Incentives, Conferences, and Exhibitions), social gatherings, and virtual events—into an OTT content production and experiential marketing firm. The company now focuses on content development, intellectual property curation, and tech-driven product innovation.

Thinking Hats Entertainment offers a comprehensive range of event management services, including corporate events, meetings, conference management, product launches, lifestyle and fashion events, exhibitions, entertainment shows, pan-India ground activations, and artist management. These services cater to various industries such as media, retail, finance, food, education, healthcare, and technology. Additionally, the company provides retail visual merchandising and in-store solutions, enhancing displays for various retail environments.

The company creates exclusive content for platforms like Netflix, Amazon, Sony Liv, MX Player, Disney+ Hotstar, Voot, and Zee5. It recognizes key growth areas in Artificial Intelligence (AI), Augmented Reality (AR), Virtual Reality (VR), photography, content licensing (including music and videos), animation, and more.

Thinking Hats Entertainment Solutions IPO Promoters

  1. Rajesh Bhardwaj
  2. Gaurav Singhania
  3. Shruti Singhania
Promoters Holding

Holding Pre Issue

78.29%

Holding Post Issue

0.00%

Thinking Hats Entertainment Solutions IPO Objective

The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:

  1. Prepayment or repayment of all or a portion of certain loans availed by the Company
  2. Funding of working capital requirements of our Company
  3. General Corporate Purposes

Address / Contact Info

Thinking Hats Entertainment Solutions Limited
KU220, Kuber Kartik, New Link Road
Prem Co-operative Society
Andheri West, Mumbai - 400 053

Phone: +91 976 915 6256
Email: info@thes.in
Website: https://thes.in

IPO Snapshot

Face Value₹10 per share
Price Band₹ 42 – 44
Lot Size3000
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 15.09 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 15.09 Cr
Listing AtNSE
Industry
Sector
QIB Quota9.45%
Retail Quota59.76%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Thinking Hats Entertainment Solutions IPO is a Book-building IPO with a total issue size of ₹15.09 crore. The Thinking Hats Entertainment Solutions IPO price band is ₹42 to 44 per share. The Thinking Hats Entertainment Solutions IPO subscription opens on Wed, Sep 25, 2024, and closes on Fri, Sep 27, 2024. The Thinking Hats Entertainment Solutions IPO will be listed on the NSE. Mas Services Limited is the registrar for the Thinking Hats Entertainment Solutions IPO.

The Thinking Hats Entertainment Solutions IPO opens on Wed, Sep 25, 2024 and closes on Fri, Sep 27, 2024

Thinking Hats Entertainment Solutions IPO Price Band is ₹42 to 44 per share.

Thinking Hats Entertainment Solutions IPO lot size is 3000 shares, Retail investors need a minimum investment of ₹264000 based on the upper price band

The minimum investment for Thinking Hats Entertainment Solutions IPO is ₹264000, based on one lot of 3000 shares at the upper price band of ₹44 per share.

Investors can apply for the Thinking Hats Entertainment Solutions IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Sep 27, 2024. The application amount remains blocked until the Thinking Hats Entertainment Solutions IPO allotment is finalized.

Thinking Hats Entertainment Solutions IPO issue size is ₹15.09 crores.

Thinking Hats Entertainment Solutions IPO allotment date is Wed, Jul 1, 2026.

The registrar for Thinking Hats Entertainment Solutions IPO is Mas Services Limited. Investors can go to Mas Services Limited website to check Thinking Hats Entertainment Solutions IPO allotment status, refund processing, and other IPO-related information.

The Thinking Hats Entertainment Solutions IPO GMP (Grey Market Premium) is ₹30 as of Thu, Oct 3, 2024. Based on the upper price band of ₹44 per share, the estimated Thinking Hats Entertainment Solutions IPO listing price is ₹74, indicating a potential listing gain of approximately 0% over the issue price.