Thinking Hats Entertainment IPO description – Thinking Hats has transformed from a leading concept development and event production company, specializing in live events, corporate functions, MICE (Meetings, Incentives, Conferences, and Exhibitions), social, and virtual events, into an OTT content production and experiential marketing firm. The company now emphasizes content development, intellectual property curation, and tech-driven product innovation.
Thinking Hats Entertainment provides a wide 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 industries such as media, retail, finance, food, education, healthcare, and technology. Additionally, the company offers retail visual merchandising and in-store solutions, delivering prominent display services to various retail stores.
The company creates exclusive content for platforms like Netflix, Amazon, Sony Liv, MX Player, Disney+ Hotstar, Voot, and Zee5. It recognizes that key growth areas include Artificial Intelligence (AI), Augmented Reality (AR), Virtual Reality (VR), photography, content licensing (including music and videos), animation, and more.
Promoters of Thinking Hats Entertainment – Mr Rajesh Bhardwaj, and Mr Gaurav Singhania
Table of Contents
Thinking Hats Entertainment IPO Details
| Thinking Hats Entertainment IPO Dates | 25 – 27 September 2024 |
| Thinking Hats Entertainment Issue Price | INR 42 – 44 per share |
| Fresh issue | 34,29,000 shares (INR 14.40 – 15.09 crore) |
| Offer For Sale | NIL |
| Total IPO size | 34,29,000 shares (INR 14.40 – 15.09 crore) |
| Minimum bid (lot size) | 3,000 shares (INR 1,32,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Thinking Hats Entertainment Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 11.60 | 22.15 | 26.63 |
| Expenses | 11.97 | 19.53 | 22.40 |
| Net income | 0.37 | 2.01 | 3.09 |
Thinking Hats Entertainment Offer News
- Thinking Hats Entertainment RHP
- Thinking Hats Entertainment Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Thinking Hats Entertainment Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.43 | 2.32 | 3.57 |
| PE ratio | – | – | 11.76 – 12.32 |
| RONW (%) | 9.99 | 35.03 | 28.11 |
| NAV | 4.88 | 7.52 | 12.56 |
| ROCE (%) | 11.86 | 29.25 | 29.37 |
| EBITDA (%) | 4.66 | 13.54 | 18.76 |
| Debt/Equity | 0.08 | 0.72 | 0.49 |
Thinking Hats Entertainment IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 2 October 2024 | 25 | – | 60,000 |
| 1 October 2024 | 25 | – | 60,000 |
| 30 September 2024 | 25 | – | 60,000 |
| 28 September 2024 | 28 | – | 62,000 |
| 27 September 2024 | 28 | – | 62,000 |
| 26 September 2024 | 25 | – | 56,000 |
| 25 September 2024 | 25 | – | 56,000 |
| 24 September 2024 | 22 | – | 42,000 |
| 23 September 2024 | 17 | – | 25,000 |
| 21 September 2024 | 12 | – | 19,000 |
| 20 September 2024 | 10 | – | 18,000 |
Thinking Hats Entertainment IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 3,24,000 | 8,76,000 | 20,49,000 | 32,49,000 |
| 27 Sep 2024 | 67.67 | 357.02 | 347.64 | 322.25 |
| 26 Sep 2024 | 20.07 | 30.73 | 88.47 | 66.08 |
| 25 Sep 2024 | 10.03 | 7.73 | 21.85 | 16.86 |
The market maker reservation portion of 1,80,000 shares is not included in the above calculations.
Thinking Hats Entertainment IPO Allotment Status
Thinking Hats Entertainment IPO allotment status is now available on Mas Services’ website. Click on Mas Services IPO weblink to get allotment status.
Thinking Hats Entertainment IPO Dates & Listing Performance
| IPO Opening Date | 25 September 2024 |
| IPO Closing Date | 27 September 2024 |
| Finalization of Basis of Allotment | 30 September 2024 |
| Initiation of refunds | 1 October 2024 |
| Transfer of shares to demat accounts | 1 October 2024 |
| IPO Listing Date | 3 October 2024 |
| Opening Price on NSE SME | INR 60 per share (up 36.36%) |
| Closing Price on NSE SME | INR 57 per share (up 29.55%) |
Thinking Hats Entertainment Offer Lead Manager
HORIZON MANAGEMENT PRIVATE LIMITED
19 R N Mukherjee Road, Main Building, 2nd Floor,
Kolkata- 700 001, West Bengal, India
Phone:Â +91 33 4600 0607
Email:Â [email protected]
Website:Â www.horizonmanagement.in
Thinking Hats Entertainment Offer Registrar
MAS SERVICES LIMITED
T-34, 2nd Floor, Okhla Industrial Area,
Phase-II New Delhi- 110 020
Phone:Â +91 112 638 7281/83
Email:Â [email protected]
Website:Â www.masserv.com
Thinking Hats Entertainment Issue Contact Details
THINKING HATS ENTERTAINMENT SOLUTIONS LIMITED
5th Floor, B 9 Pinnacle Business,
Park Sector 3 Noida, Gautam Buddha
Nagar, Noida – 201 301, Uttar Pradesh, India
Phone: +91 981 033 4264
E-mail: [email protected]
Website: www.thes.in
IPO FAQs
What is Thinking Hats Entertainment’s IPO size?
Thinking Hats Entertainment’s offer size is INR 14.40 – 15.09 crores.
What is the Thinking Hats Entertainment IPO price band?
Thinking Hats Entertainment’s public offer price is INR 42 – 44 per share.
What is the lot size of Thinking Hats Entertainment Offer?
Thinking Hats Entertainment’s offer lot size is 3,000 shares.
What is Thinking Hats Entertainment IPO GMP today?
Thinking Hats Entertainment IPO GMP today is INR 25 per share.
What is the Thinking Hats Entertainment kostak rate today?
Thinking Hats Entertainment’s kostak rate today is INR NA per application.
What is Thinking Hats Entertainment Subject to Sauda rate today?
Thinking Hats Entertainment is Subject to Sauda rate today is INR 60,000 per application.
