Thinking Hats Entertainment IPO GMP, Review, Price, Allotment

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Last updated on October 3, 2024

Thinking Hats Entertainment IPO GMP

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.

Thinking Hats Entertainment IPO Allotment Status

Promoters of Thinking Hats Entertainment – Mr Rajesh Bhardwaj, and Mr Gaurav Singhania


Thinking Hats Entertainment IPO Details

Thinking Hats Entertainment IPO Dates25 – 27 September 2024
Thinking Hats Entertainment Issue PriceINR 42 – 44 per share
Fresh issue34,29,000 shares (INR 14.40 – 15.09 crore)
Offer For SaleNIL
Total IPO size34,29,000 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 Allocation35%
Listing OnNSE EMERGE

Thinking Hats Entertainment Financial Performance

 FY 2022FY 2023FY 2024
Revenue11.6022.1526.63
Expenses11.9719.5322.40
Net income0.372.013.09
Figures in INR Crores unless specified otherwise

Thinking Hats Entertainment Offer News


Thinking Hats Entertainment Valuations & Margins

FY 2022FY 2023FY 2024
EPS0.432.323.57
PE ratio––11.76 – 12.32
RONW (%)9.9935.0328.11
NAV4.887.5212.56
ROCE (%)11.8629.2529.37
EBITDA (%)4.6613.5418.76
Debt/Equity 0.080.720.49
*Compiled by IPO Central from Prospectus

Thinking Hats Entertainment IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
2 October 202425–60,000
1 October 202425–60,000
30 September 202425–60,000
28 September 202428–62,000
27 September 202428–62,000
26 September 202425–56,000
25 September 202425–56,000
24 September 202422–42,000
23 September 202417–25,000
21 September 202412–19,000
20 September 202410–18,000

Thinking Hats Entertainment IPO Subscription – Live Updates

CategoryQIBNIIRetailTotal
Shares Offered3,24,0008,76,00020,49,00032,49,000
27 Sep 202467.67357.02347.64322.25
26 Sep 202420.0730.7388.4766.08
25 Sep 202410.037.7321.8516.86

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 Date25 September 2024
IPO Closing Date27 September 2024
Finalization of Basis of Allotment30 September 2024
Initiation of refunds1 October 2024
Transfer of shares to demat accounts1 October 2024
IPO Listing Date3 October 2024
Opening Price on NSE SMEINR 60 per share (up 36.36%)
Closing Price on NSE SMEINR 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: +91 33 4600 0607
Email: [email protected]
Website: 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: +91 112 638 7281/83
Email: [email protected]
Website: 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.

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