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Objective of the Issue

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

IPO Details, Price, Market Lot

Thinking Hats Entertainment Solutions IPO Details
IPO Open Date 25 September 2024
IPO Close Date 27 September 2024
IPO Issue Size 3,429,000 Shares (Aggregating up to ₹15.09 Cr)
Fresh Issue 3,429,000 Shares (Aggregating up to ₹15.09 Cr)
Offer for Sale NIL
Retail Portion Not less than 63.07% of the offer
NII Portion Not more than 26.96% of offer
QIB Portion Not more than 9.97% of the offer
Listing At NSE SME
Thinking Hats Entertainment Solutions IPO Price
Face Value ₹10 Per Share
IPO Price Band ₹42 to ₹44 Per Share
Employee Discount
IPO Issue Type Book Built Issue
Thinking Hats Entertainment Solutions IPO Market Lot For Retail Investor
No. of Shares Per Lot 3000 Shares
Minimum Lot Size 1 Lot (3000 Shares)
Minimum Amount (Cut-off price) ₹1,32,000
Maximum Lot Size 1 Lot (3000 Shares)
Maximum Amount (Cut-off price) ₹1,32,000
Thinking Hats Entertainment Solutions IPO Market Lot For HNI
No. of Shares Per Lot 3000 Shares
Minimum Lot Size 2 Lots (6000 Shares)
Minimum Amount (Cut-off price) ₹2,64,000

IPO Date, Listing Date, Allotment Date

Thinking Hats Entertainment Solutions  IPO Time Table (Tentative)
IPO Open Date 25 September 2024
IPO Close Date 27 September 2024
Basis of Allotment Date 30 September 2024
Initiation of Refunds 1 October 2024
Credit of Share to Demat Account 1 October 2024
IPO Listing Date 3 October 2024

Financial Report

Period Ended Assets
(₹ in Lakh)
Revenue
(₹ in Lakh)
P A T
(₹ in Lakh)
Net Worth
(₹ in Lakh)
Borrowings
(₹ in Lakh)
31 March 2024 2,403.22 2,670.10 309.16 1,099.86 543.46
31 March 2023 1,456.81 2,227.80 200.79 573.26 413.65
31 March 2022 641.14 1,245.20 37.21 372.47 29.22
Period Ended 31 March 2024 31 March 2023 31 March 2022
Assets 2,403.22 1,456.81 641.14
Revenue 2,670.10 2,227.80 1,245.20
P A T 309.16 200.79 37.21
Net Worth 1,099.86 573.26 372.47
Borrowings 543.46 413.65 29.22
Amount in ₹ Lakh

Company Promotor & Promotor’s Holding

The promoters of the company are Rajesh Bhardwaj, Gaurav Singhania and Shruti Singhania.

Pre Issue Promotor Holding 78.29%
Post Issue Promotor Holding  

Company Address

IPO Registrar, Lead Manager, Prospectus

IPO Prospectus
IPO Registrar
Mas Services Limited
IPO Lead Manager
Horizon Financial Pvt Ltd