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21 Feb, 2026
Thinking Hats Entertainment Solutions Limited IPO, GMP, Details, Price, And Review
Evolved from being a premier concept development, production and event design company, Thinking Hats has now evolved as an OTT content production and experiential marketing company. With more than a decade of experience, the company now has a stronger focus on intellectual property curation, tech-centric product development, and OTT content production.
As a team, every organisation member is trying to create events and experiences by converting their client’s dreams into reality. Following a personalized and creative approach while giving the finest attention to detail, they are further bringing in professionalism and dependable solutions for all.
Thinking Hats Entertainment Solutions IPO Overview:
- Issue Size: ₹15.09 crores
- Type of Issue: Fresh issue of equity shares
- Total Shares Offered: 34.29 lakh shares
- Key Dates
- Subscription Opens: September 25, 2024
- Subscription Closes: September 27, 2024
- Price Band
- Price Range: ₹42 to ₹44 per share
- Management Team
- Book Running Lead Manager: Horizon Financial Pvt Ltd
- Registrar: Mas Services Limited
- Market Maker: Giriraj Stock Broking
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Thinking Hats Entertainment Solutions Limited IPO, GMP, Details, Price, And Review GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 2024-10-03 | 44 | 30 (68.18%) | 2024-10-03 |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Thinking Hats Entertainment Solutions Limited IPO, GMP, Details, Price, And Review Details
| Detail | Description |
|---|---|
| IPO Date | September 25, 2024 to September 27, 2024 |
| Listing Date | - |
| Face Value | ₹10 per share |
| Price Band | ₹42 to ₹44 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 3,429,000 shares (aggregating up to ₹15.09 Cr) |
| Fresh Issue | 3,429,000 shares (aggregating up to ₹15.09 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 9,058,150 |
| Shareholding post issue | 12,487,150 |
| Market Maker portion | 180,000 shares Giriraj Stock Broking |
Thinking Hats Entertainment Solutions Limited IPO, GMP, Details, Price, And Review Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Wednesday, September 25, 2024 |
| IPO Close Date | Friday, September 27, 2024 |
| Basis of Allotment | Monday, September 30, 2024 |
| Initiation of Refunds | Tuesday, October 1, 2024 |
| Credit of Shares to Demat | Tuesday, October 1, 2024 |
| Listing Date | Thursday, October 3, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 27, 2024 |
Thinking Hats Entertainment Solutions Limited IPO, GMP, Details, Price, And Review Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹132,000 |
| Retail (Max) | 1 | 3000 | ₹132,000 |
| HNI (Min) | 2 | 6000 | ₹264,000 |
Thinking Hats Entertainment Solutions Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 9.97% of the Net Issue |
| Retail Shares Offered | Not less than 63.07% of the Net Issue |
| NII (HNI) Shares Offered | Not more than 26.96% of the Net Issue |
Thinking Hats Entertainment Solutions Limited IPO, GMP, Details, Price, And Review Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 78.29% | - |
Company & Financials
Thinking Hats Entertainment Solutions Limited was incorporated in February 2013. It specializes in concept development, production for live events, event design, corporate functions, social and virtual events, MICE, OTT content production and experiential marketing. The organisation's focus is highly on content development, tech-centric product development and intellectual property curation. The company produced 2 web series for the OTT platforms,
- 1.Aapke Kamre Mein Koi Rehta Hai
- 2.Kathmandu Connection 2
The company also produced a Bengali movie, "Onek Diner Pore." In addition to OTT web series and movies, Thinking Hats Entertainment Solutions is focused on creating YouTube content and corporate event movies.
With its dedication and professionalism, the company today has some renowned names as its clients, like,
- 1.Tata Group
- 2.Zudio
- 3.Goldman Sachs
- 4.McDonald’s
- 5.Uber
In addition to them, some media brands like Network 18 Media & Investments, Radio Mirchi, Fever Entertainment, HT Media, and The Times of India are also on the company’s list of clients.
Competitive Strength:
- The organization's talented team has a successful track record in retail visual merchandising, event management, and quality digital content creation.
- Established connections with clients and key figures of the entertainment industry, like, directors, writers and streaming platforms.
- Strong brand recognition along with an excellent reputation in successful event management and retail visual merchandising.
Thinking Hats Entertainment Solutions Limited IPO, GMP, Details, Price, And Review Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2024 | 2,403.22 | 2,670.1 | 309.16 | 1,099.86 | - | 543.46 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 1,456.81 | 2,227.8 | 200.79 | 573.26 | - | 413.65 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 641.14 | 1,245.2 | 37.21 | 372.47 | - | 29.22 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 28.11% |
| ROCE | 29.37% |
| Debt/Equity | 0.49 |
| RoNW | 28.11% |
| P/BV | 3.5 |
| PAT Margin (%) | 11.61 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.41 | 2.48 |
| P/E (x) | 12.89 | 17.77 |
Objectives of Thinking Hats Entertainment Solutions IPO
The company proposes the use of Net Proceeds from the issue towards objectives, including,
- 1.Prepayment/repayment of all or a portion of some loans that have been availed by the company.
- 2.Funding the company’s working capital requirements.
- 3.General corporate purposes.
Thinking Hats Entertainment Solutions IPO Review
Thinking Hats Entertainment Solutions Limited engaged within the business of,
- 1.Event design
- 2.Production
- 3.Corporate MICE
- 4.Social and Virtual Events, etc.
The company marked the growth in the bottom and top lines for reported periods. As per FY24 earnings, the issue seems aggressively priced. It continues to operate in the highly fragmented and competitive segment. It marked growth in its top and bottom lines for the reported periods. Based on FY24 earnings, the issue appears to be aggressively priced. It is operating in a highly competitive and fragmented segment. The well-informed investors might park the moderate funds for the medium term.
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Frequently Asked Questions (FAQs)
-
Which IPO is being launched by Thinking Hats Entertainment?
The company is launching an SME IPO that will be listed on the NSE. It is expected to raise ₹15.09 Crores through this. The issue has been priced at ₹42-₹44 per equity share.
-
When does the subscription for Thinking Hats Entertainment IPO open?
The subscription for the QIB, NII, and Retail Investors opens on September 25, 2024, and closes on September 27, 2024.
-
What is the issue size of Thinking Hats Entertainment's IPO?
₹15.09 crores is Hats Entertainment's IPO issue size.
-
What is the Price Band for Thinking Hats Entertainment's IPO?
₹42 to ₹44 is the Price Band for Thinking Hats Entertainment's IPO.
-
What is the Allotment date for Thinking Hats Entertainment IPO?
September 30, 2024, is the allotment date for Thinking Hats Entertainment's IPO.
