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Baweja Studios Limited IPO GMP, Date, Price Band & Review

Baweja Studios Limited IPO: SME IPO of ₹12 crore, entirely a fresh issue of 1,200,000 shares priced at ₹100 each. Subscription dates: July 1–3, 2024; lot size: 1,000 shares.

IPO Details
Baweja Studios Limited IPO

Baweja Studios Limited IPO

Baweja Studios Limited IPO Details

DetailDescription
IPO DateJanuary 29, 2024 to February 1, 2024
Listing DateFebruary 6, 2024
Face Value₹ 10 per share
Price Band₹ 170 to ₹ 180 per share
Lot Size800 Shares
Total Issue Size54,00,000 shares (aggregating up to ₹ 97.20 Cr)
Fresh Issue40,00,000 shares (aggregating up to ₹ 72.00 Cr)
Offer for Sale14,00,000 shares of ₹10 (aggregating up to ₹ 25.20 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue1,44,27,001
Share holding post issue1,84,27,001
Market Maker portion2,88,000 shares

About Baweja Studios Limited IPO

Baweja Studios is known for their dynamic quality of film-making and unique storytelling practices. Baweja Studios has set many benchmarks in the industry, Dilwale, Qayamat, Diljale to name a few. Baweja Studios has since diversified into TV series, Web Series, Animation and Ad Films. Baweja Studios is one of the leaders in the industry in terms of production quality and film-making across all formats. In this journey of creating path breaking cinema, along with pushing technological advancements, Baweja Studios continues to partner and work with the biggest names in the industry, in India and globally. Baweja Studios IPO is a book built issue of Rs 97.20 crores.

The issue is a combination of fresh issue of 40 lakh shares aggregating to Rs 72.00 crores and offer for sale of 14 lakh shares aggregating to Rs 25.20 crores. Baweja Studios IPO price band is set at ₹170 to ₹180 per share. The minimum lot size for an application is 800 Shares. Fedex Securities Pvt Ltd is the book running lead manager of the Baweja Studios IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Baweja Studios IPO is Nnm Securities.

Objectives of Baweja Studios IPO

The company proposes to utilize the net proceeds from the Offer towards funding the following objectives:

  • 1. To meet the working capital requirements.
  • 2. General corporate purposes.
Baweja Studios IPO Review

The company is a technology based production house providing content to its clients. It posted growth in its top lines for the reported periods, but marked inconsistency in its bottom lines. Based on FY24 annualized earnings, the issue appears aggressively priced. There is no harm in skipping this pricey bet.

Baweja Studios Limited IPO Financial Information

Latest Revenue

3,890.11

₹ Crore

Profit After Tax

435.33

₹ Crore

Net Worth

2,422.07

₹ Crore

Total Borrowing

810.91

₹ Crore

Period EndedAssetsRevenue From OperationsProfit After TaxNet WorthTotal Borrowing
30 Sep 20234,202.573,890.11435.332,422.07810.91
31 Mar 20234,489.987,628.31796.911,986.28142.38
31 Mar 20223,056.034,096.79275.94724.07266.86
31 Mar 20213,223.671,954.11764.60448.13179.60
Amount in ₹ Crore

Baweja Studios Limited Key Performance Indicator

KPIValues
ROE40.12%
ROCE52.55%
Debt/Equity0.07
RoNW40.12%
P/BV13.07
Pre IPOPost IPO
EPS (Rs)5.524.32
P/E (x)32.5941.62

Frequently Asked Questions

The offer size of Baweja Studio’s IPO is INR 97.20 crores. The offer includes a fresh 40 lakh equity shares and an offer to sell existing shares for INR 14 lakhs.
The price band of Baweja Studios IPO is INR 170-180 per share.
The Basis of Allotment will happen on February 02, 2024.
The IPO subscription window will open on January 29, 2024.
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Competitive Strengths

1

Official Documents

Download regulatory filings

Baweja Studios Limited IPO Timeline

IPO Open DateMonday, January 29, 2024
IPO Close DateThursday, February 1, 2024
Basis of AllotmentFriday, February 2, 2024
Initiation of RefundsMonday, February 5, 2024
Credit of Shares to DematMonday, February 5, 2024
Listing DateTuesday, February 6, 2024
Cut-off time for UPI mandate confirmation5 PM on February 1, 2024

IPO Lot Size

InvestorsNo.of lotsShares OfferedMax Bid Amount
Retail (Min)1800₹144,000
Retail (Max)1800₹144,000
HNI (Min)21,600₹288,000
Baweja Studios Limited IPO Date, Price, GMP, Review, Detail