Business description – Touchwood Entertainment specializes in Events Management, offering all of its clients a complete variety of event facilities, ranging from event planning & marketing to production and legal services for the events. The company has a 35 member team with a fully developed and functional in-house production facility. The panel of skilled craftsmen and band of highly qualified designers add the extra edge to its platter of deliverables. The company’s corporate office is in New Delhi and its footprint extends to Africa, Middle East, South East and Europe, giving its work and thought process a global perspective.
Promoters of Touchwood Entertainment – Mr Manjit Singh, Mr Vijay Arora, Ms Jaswinder Kaur and Ms Priyanka Arora
| Touchwood Entertainment IPO details | |
| Subscription Dates | 11 – 13 Dec 2017 |
| IPO Price band | INR40 per share |
| Fresh issue | 1,053,000 shares (INR4.21 crore) |
| Offer for sale | Nil |
| Total IPO size | 1,053,000 shares (INR4.21 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
| Touchwood Entertainment’s financial performance (in INR lakh) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | 5M FY2018 | |
| Total revenue | 194.6 | 393.0 | 621.7 | 1,277.0 | 1,342.0 | 380.7 |
| Total expenses | 18.1 | 18.7 | 17.7 | 29.5 | 49.9 | 20.7 |
| Profit after tax | 2.6 | -81.1 | 5.8 | 2.7 | 101.5 | 32.6 |
Touchwood Entertainment Limited
11A, 2nd & 3rd Floor, Aruna Asaf Ali Road
Opp. Fortis Hospital, Kishan Garh
Vasant Kunj, New Delhi 110070
Phone: +91 011 4132 6666
Email: [email protected]
Website: www.touchwood.in
| Day | Subscription (no. of times) |
| Day 1 | 0.31 |
| Day 2 | 0.88 |
| Day 3 | 4.81 |
Earnings Per Share (EPS): INR4.03
Price/Earnings (P/E) ratio: 9.92
Return on Net Worth (RONW): 36.26%
Net Asset Value (NAV): INR13.90 per share
Skyline Financial Services Pvt Ltd
A49, Gundecha Onclave, Kherani Road,
Sakinaka, Mumbai – 400 072
Maharashtra, India
Phone: +91 22 2851 1022
Email: [email protected]
Website: www.skylinerta.com
Touchwood Entertainment IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status
IPO Opening Date: 11 December 2017
IPO Closing Date: 13 December 2017
Finalisation of Basis of Allotment: 18 December 2017
Initiation of refunds: 20 December 2017
Listing Date: 21 December 2017
Listing Price on NSE SME: INR43.5 per share (up 8.75% from IPO price)
Closing Price on NSE SME: INR48 per share (up 20% from IPO price)
It’s a good investment
Good IPO to invest in
Really good investment
Would love to invest
nice investment to do!
On performance front, TEL has posted turnover/net profits of Rs. 3.93 cr. / Rs. –(0.81) cr. (FY14), Rs. 6.22 cr. / Rs. 0.06 cr. (FY15), Rs. 12.77 cr. / Rs. 0.03 cr. (FY16) and Rs. 13.42 cr. / Rs. 1.01 cr. (FY17).
fully avoid
Seems like a nice investment. Company performance in the past years has been good. Investing in it! let”s hope for the best. Early mover advantage stage.
Any one. Sugeeest wats. Listing. Rate?