58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Thinking Hats Entertainment Solutions Limited IPO (Thinking Hats Entertainment Solutions IPO) Detail

Thinking Hats Entertainment Solutions IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Advertising And Media sector. Horizon Management Private is the merchant banker of Thinking Hats Entertainment Solutions IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 10th June 2024.

Thinking Hats Entertainment Solutions IPO open date is 25th November 2024 and close date is 27th September 2024. IPO Allotment Date is 30th September 2024 and Listing date is 3rd October 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

Thinking Hats Entertainment Solutions IPO Date

Date of DRHP:
10th June 2024
IPO Allotment Date:
30th September 2024
IPO Open Date:
25th November 2024
Initiation of Refund:
1st October 2024
IPO Closing Date:
27th September 2024
IPO Listing Date:
3rd October 2024

Thinking Hats IPO Info, Size, Subscription

Thinking Hats Entertainment Solutions IPO size is Rs 15.09 Cr. crores with IPO price of Rs 44.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 15.09 Cr.

Issue Price:
₹ 44.00

Market Capitalisation :
₹ 54.94 Cr.

PE multiple :
17.77

Subscription :
322.19 times

Pre Issue Promoter Holding :
78.29 %

Post Issue Promoter Holding :
0.00%

Thinking Hats Entertainment Solutions IPO Information

Sub Sector : Specializes in concept development, event design, and production for live events, corporate functions, MICE, social and virtual events
Thinking Hats has evolved from a premier concept development, event design and production company that specializes in live events, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), social and virtual events to an OTT content production and experiential marketing company with a strong focus on content development, intellectual property curation and tech centric product development. With more than a decade of experience in creating events and experiences, Thinking Hats is a team of visionaries who convert clients dreams into reality. Their creative and personalized approach executes every event with the utmost professionalism and provides their clients with dependable solutions and the finest attention to detail. Thinking Hats began its event management and retail visual merchandising since incorporation and has been offering event management services related to
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Object of Issue (Thinking Hats IPO Objectives)

  • 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

Horizon Management Private Limited is the book-running lead manager of the Thinking Hats Entertainment Solutions IPO. MAS services Limited is the Registrar and Market Maker is Giriraj Stock Broking Private Limited for Thinking Hats Entertainment Solutions IPO.

Thinking Hats IPO Market Maker

Giriraj Stock Broking Private Limited

Thinking Hats IPO Registrar (RTA)

MAS services Limited

Thinking Hats IPO Lead Manager (BRLM)

Horizon Management Private Limited

Thinking Hats Entertainment Solutions IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Thinking Hats Entertainment Solutions IPO?

Thinking Hats Entertainment Solutions IPO, based in Mumbai, operates in the   Advertising And Media sector with a focus on Specializes in concept development, event design, and production for live events, corporate functions, MICE, social and virtual events. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Thinking Hats Entertainment Solutions IPO size is ₹ 15.09 Cr. Crores with fresh issue size of Rs 15.09 Cr. Crores and Offer for sale being Nil.

When is Thinking Hats IPO allotment?

The IPO allotment date for Thinking Hats Entertainment Solutions IPO is expected to be 30th September 2024, after the finalization of basis of allotment. Investors can check Thinking Hats Entertainment Solutions IPO allotment status on the registrars website, MAS services Limited. Thinking Hats Entertainment Solutions IPO refund dates are 1st October 2024.

When is Thinking Hats Entertainment Solutions IPO listing date?

Thinking Hats Entertainment Solutions IPO is expected to be listed on 3rd October 2024.

What is the price band for Thinking Hats IPO?

The upper price band for the Thinking Hats Entertainment Solutions IPO is set at ₹ 44.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Thinking Hats Entertainment Solutions IPO Review?

For IPO analysis on Thinking Hats Entertainment Solutions IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Thinking Hats Entertainment Solutions IPO?

To apply for the Thinking Hats Entertainment Solutions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 27th September 2024. After submission, funds are blocked until the basis of allotment of Thinking Hats Entertainment Solutions IPO is finalised.

Who is the merchant banker of Thinking Hats IPO?

The merchant banker for Thinking Hats Entertainment Solutions IPO is Horizon Management Private Limited . Horizon Management Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Thinking Hats Entertainment Solutions IPO RHP for further details.

Who is the Registrar of Thinking Hats Entertainment Solutions IPO?

The registrar for Thinking Hats Entertainment Solutions IPO is MAS services Limited. Investors can go to MAS services Limited registrar website for IPO allotment status, refund processing, and other queries related to Thinking Hats Entertainment Solutions IPO through their official website or helpline.

What is the Thinking Hats Entertainment Solutions IPO subscription?

Thinking Hats Entertainment Solutions IPO was subscribed 322.19 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 15.09 Cr. Avg IPO Size (Sector Based) : ₹ 24.70 Cr.
  • Sector: Advertising And Media SME IPO so far: 23
  • Merchant Banker: Horizon Management SME IPO by BRLM so far: 47
  • City: Mumbai SME IPO so far: 280
  • Revenue (annualised): ₹ 0.27 cr.
            PAT: (annualised): ₹ 0.03 cr.
  • PE Ratio: 17.77x Average Sector PE Ratio: 16.89x
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FAQs

Thinking Hats Entertainment Solutions IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Thinking Hats Entertainment Solutions Financial Review Page

Thinking Hats Entertainment Solutions IPO subscription was 322.19 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Thinking Hats Entertainment Solutions IPO listed at a listing price of 57.00 against the offer price of 44.00.

The current market price of Thinking Hats Entertainment Solutions is 31.75.

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