Thinking Hats Entertainment Solutions Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹30(68.18%)
Premium (ELP)
Thinking Hats Entertainment Solutions Limited's successfully transitioned to public market status with its listing on NSE on Oct 03, 2024. The IPO mobilized 34,29,000 Shares in cumulative capital, including 34,29,000 Shares for corporate expansion.
The public offering was conducted within the price parameters of ₹42 to ₹44, with minimum investment lots of 3000 shares. subscription activity between Sep 25, 2024 and Sep 27, 2024 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on Sep 30, 2024, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Founded in February 2013, Thinking Hats Entertainment Solutions Limited is a creative powerhouse specializing in event design, content development, and experiential marketing. From live events and corporate functions to OTT content production and virtual experiences, the company blends innovation with storytelling. It has produced exclusive content for top platforms like Netflix, Amazon, Sony Liv, Disney+ Hotstar, and Zee5, with notable works including the web series Aapkey Kamrey Me Koi Rehta Hai and Kathmandu Connection 2, as well as the Bengali film Onek Diner Pore. Thinking Hats also crafts short films for YouTube and corporate event movies, catering to clients like Tata Group, Goldman Sachs, McDonald's, Uber, and major media houses such as The Times of India and Network 18. As of September 2024, the company has a team of 35 professionals driving its creative vision forward.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Diversified Services:10+ years of experience across event design, OTT production, and experiential marketing shows strong versatility.
- Wide Presence:Presence across multiple regions improves reach and accessibility.
- In-House Expertise: Strong concept creation and design team delivers quality and innovative solutions.
- Revenue Dependence: Heavy reliance on the event management division makes the business vulnerable if demand drops in this segment.
- Client Retention Risk: Dependence on key clients means losing any major customer could significantly affect revenue.
- Seasonal Fluctuations: Seasonal demand variations may impact cash flow and overall business stability.
- Rajesh Bhardwaj
- Gaurav Singhania
- Shruti Singhania
Thinking Hats Entertainment Solutions Limited
Mas Services Limited