| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹15.09 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹15.09 Cr |
| Fresh Issue | ₹14.30 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน42.00-44.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | THESL |
| Registrar | MAS Services Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,000 shares and in multiples thereof
Incorporated in February 2013, Thinking Hats Entertainment Solutions Limited specializes in concept development, event design, and production for live events, corporate functions, MICE, social and virtual events, as well as OTT content production and experiential marketing with a focus on content development, intellectual property curation, and tech-centric product development.
The company makes exclusive content for OTT platforms such as Netflix, Amazon, Sony Liv, MX Player, Disney+Hotstar, Voot, Zee5, etc.
The company has produced two web series for OTT platforms: "Aapkey Kamrey Me Koi Rehta Hai" and "Kathmandu Connection 2", as well as one Bengali movie titled "Onek Diner Pore". In addition to movies and OTT web series, we also create short films for YouTube content and corporate event movies.
The company's clients include Tata Group, including Westside and Zudio, Goldman Sachs, McDonalds, and Uber, as well as media brands like The Times of India, HT Media, Network 18 Media & Investments, Radio Mirchi, and Fever Entertainment.
Competitive Strength
As of September 2024, the Company had 35 employees on payroll.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Prepayment or repayment of all or a portion of certain loans availed by the Company; | 2.00 |
| 2 | Funding of working capital requirements of the Company | 8.40 |
| 3 | General corporate purposes | 2.80 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 24.03 | 14.57 | 6.41 |
| Total Income | 26.70 | 22.28 | 12.45 |
| Profit After Tax | 3.09 | 2.01 | 0.37 |
| NET Worth | 11.00 | 5.73 | 3.72 |
| Reserves and Surplus | 10.12 | 4.97 | 2.96 |
| Total Borrowing | 5.43 | 4.14 | 0.29 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 28.11% |
| ROCE | 29.37% |
| Debt / Equity | 0.49% |
| RoNW | 28.11% |
| PAT Margin | 11.61% |
| Price to Book Value | 3.50 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.41 | 2.48 |
| P/E (x) | 12.89 | 17.77 |
| Promoter Holding | 78.29% | 56.78% |
| Market Cap | โน54.94 Cr. | |