Thinking Hats Entertainment Solutions SME IPO Details, Financials, Valuation & Peers

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Explore Thinking Hats Entertainment Solutions IPO details, including IPO dates, financial statements, valuation, peer comparison and more.

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Status
Listed
Biding Dates
25 Sep - 27 Sep 2024
Price Range
₹42 - ₹44
Issue Size
₹15.09 crore
Listed Price
₹6036.36%

Overview

Incorporated in 2013, Thinking Hats Entertainment Solutions Limited is a entertainment and event management company that has evolved into a leading player in the event curation, OTT content production and experiential marketing space. With expertise spanning over a decade, the company initially started as a premier event design and production firm, specializing in corporate and social events, MICE (Meetings, Incentives, Conferences, and Exhibitions), and retail visual merchandising. It has since expanded into producing content for major OTT platforms, creating a diverse portfolio that includes web series, films, short films and corporate videos. Thinking Hats is recognized for its cutting-edge event management services across industries such as media, retail, finance, food, education, and technology. Its foray into the OTT space has led to successful projects on platforms like Netflix, Amazon Prime, Sony Liv, MX Player, and Disney+Hotstar.

Key Points:

  • Service Offerings:
    • Event Management: Specializing in corporate events, product launches, lifestyle events, exhibitions, ground activations and artist management.
    • Retail Visual Merchandising: Offering in-store solutions across retail industries.
    • OTT Content Production: Produces web series, films and corporate videos for major platforms like Netflix, Amazon and Sony Liv.
  • OTT Success: Known for popular OTT projects such as Aapkey Kamrey Me Koi Rehta Hai, Kathmandu Connection 2 and the Bengali film Onek Diner Pore.
  • Clientele: Has worked with notable brands such as the Tata Group, Goldman Sachs, McDonald's, Uber, Times of India and Radio Mirchi.
  • Innovative IPs: Created trailblazing intellectual properties such as the music festivals Holi Moly and Live with Shafqat Amanat Ali, which have been well-received by audiences.
  • EAGER Strategy:
    • Experience: Expertise in event management, OTT production, and visual merchandising.
    • Agility: Diverse client base spanning multiple industries.
    • Game-awareness: Transitioned from events to content production.
    • Energy: Youth-driven, connecting with audiences through music and innovative content.
    • Revenue Generation: Focused on creating value for clients by engaging their target audiences.

IPO Docs

Objects of the Issue

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

IPO Details

Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.

FieldsDetails
IPO Dates25 Sep - 27 Sep 2024
IPO Price Band₹42 - ₹44 per share
Fresh Issue34,29,000 shares
Offer For SaleNIL
Total IPO Size₹15.09 crore
Face Value₹10
Listing OnNSE

IPO Timeline

Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.

EventDate
IPO Opening Date25 Sep 2024
IPO Closing Date27 Sep 2024
Basis Of Allotment30 Sep 2024
Refunds01 Oct 2024
Demat Transfer01 Oct 2024
IPO Listing Date03 Oct 2024

Financial Statements

Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.

Period Ended31st March 202231st March 202331st March 2024
Total Income12.4522.2826.70
Total Expenses11.9719.5322.40
Net Profit/Loss0.372.013.09
NPM (*)3.219.0711.61
Total Assets6.4114.5724.03
Total Liabilities2.698.8413.03

* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)

Valuation

Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.

Period Ended31st March 202231st March 202331st March 2024
EPS0.432.323.57
ROE (%)9.9935.0328.11
ROCE (%)11.8629.2529.37
D/E RatioNA0.720.49
Current Ratio2.101.611.84
EBITDA MARGIN (%)4.6613.5418.76

* Compiled from DRHP/RHP for valuation purposes.

Peer Comparison

Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.

NameRevenueP/EEPSRoNWNAV
Thinking Hats Entertainment Solutions Limited26.6312.323.5728.1112.56
E Factor Experiences Ltd148.5614.2013.6330.4838.50
Inspire Films Ltd30.3717.83.077.6224.80

* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.

Subscription Data from NSE and BSE

Investor TypeSubscribed
Qualified Institutional Buyer (QIB)67.67
Non-Institutional Investor (NII/HNI)356.81
Retail Individual Investor (RII)347.64
Total322.19

* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.

IPO Registrar

MAS Services Limited
Phone: +91 112 638 7281/83, 114 132 0335
Email: ipo@masserv.com
Website: www.masserv.com

Company Promoters

  • RAJESH BHARDWAJ
  • GAURAV SINGHANIA
  • SHRUTI SINGHANIA

Lead Managers

  • HORIZON MANAGEMENT PRIVATE LIMITED

Company Address

Thinking Hats Entertainment Solutions Limited

KU220, Kuber Kartik, New Link Road, Prem Co-operative Society, Andheri West, Mumbai - 400 053, Maharashtra, India.

Phone: +91 981 033 4264

Email: info@thes.in

Website: www.thes.in

FAQs

  • What is the issue size of the Thinking Hats Entertainment Solutions SME IPO?
    The Thinking Hats Entertainment Solutions SME IPO has an issue size of ₹15.09 crore. This includes a fresh issue of 34,29,000 shares and an offer for sale (OFS) of NIL.
  • What is the price band of the Thinking Hats Entertainment Solutions IPO?
    The price band for the Thinking Hats Entertainment Solutions IPO is ₹42 - ₹44 per share.
  • What are the bidding dates for the Thinking Hats Entertainment Solutions IPO?
    The Thinking Hats Entertainment Solutions IPO will open for bidding on 25 Sep 2024 and close on 27 Sep 2024.
  • What is the allotment date for the Thinking Hats Entertainment Solutions IPO?
    The allotment date for the Thinking Hats Entertainment Solutions IPO is 30 Sep 2024.
  • What is the listing date for the Thinking Hats Entertainment Solutions IPO?
    The listing date for the Thinking Hats Entertainment Solutions IPO is 03 Oct 2024.
  • What is the Thinking Hats Entertainment Solutions IPO grey market premium?
    The grey market premium (GMP) for the Thinking Hats Entertainment Solutions IPO is currently at ₹30, with an expected listing gain of approximately 68.18%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.

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