Thinking Hats Entertainment Solutions Limited IPO

Thinking Hats Entertainment Solutions Limited’s IPO opens on September 25, 2024, and closes on September 27, 2024. The allotment for the IPO is expected to be finalized on Monday, September 30, 2024. The IPO will list on NSE SME, with a tentative listing date fixed as Thursday, October 3, 2024.

Thinking Hats Entertainment Solutions IPO price band is set at ₹42 to ₹44 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹132,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹264,000.

Thinking Hats Entertainment Solutions IPO is a book-built issue of Rs 15.09 crores. The issue is entirely a fresh issue of 34.29 lakh shares.

Thinking Hats Entertainment Solutions IPO Details

Thinking Hats Entertainment Solutions IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The table below depicts the minimum and maximum investment by retail investors and HNI regarding shares and amounts.

Thinking Hats Entertainment Solutions IPO Objectives

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 Purpose.

About Thinking Hats Entertainment Solutions Limited

Founded in February 2013, Thinking Hats Entertainment Solutions Limited excels in concept development, event design, and production for a variety of live and virtual events, as well as OTT content creation and experiential marketing. The company specializes in crafting exclusive content for platforms like Netflix, Amazon, and Disney+Hotstar, having produced notable web series such as “Aapkey Kamrey Me Koi Rehta Hai” and “Kathmandu Connection 2,” along with the Bengali film “Onek Diner Pore.” Their diverse client portfolio includes major brands like Tata Group, Goldman Sachs, and Uber, as well as prominent media outlets. With a talented team of 35 employees, Thinking Hats is recognized for its strong industry connections and commitment to delivering high-quality digital content and event management solutions.

Thinking Hats Entertainment Solutions Limited Financial Information

Thinking Hats Entertainment Solutions IPO Reservation

Thinking Hats Entertainment Solutions IPO Timeline

Thinking Hats Entertainment Solutions IPO opens on September 25, 2024, and closes on September 27, 2024.