Thinking Hats Entertainment Solutions Limited - IPO
SMEThinking Hats Entertainment Solutions Stock Price
Thinking Hats Entertainment Solutions IPO Details
Thinking Hats Entertainment Solutions IPO Subscription
Thinking Hats Entertainment Solutions IPO Application Wise Breakup
Thinking Hats Entertainment Solutions IPO Dates
- 25 Sep 2024Opening dateOPD
- 27 Sep 2024Closing dateCOD
- 30 Sep 2024Basis of AllotmentBOA
- 01 Oct 2024Initiation of RefundsIOR
- 01 Oct 2024Credit of SharesCOS
- 03 Oct 2024Listing dateLID
Thinking Hats Entertainment Solutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 3000 | ₹132,000 |
| Retain Maximum | 1 | 3000 | ₹132,000 |
| HNI Minimum | 2 | 6000 | ₹264,000 |
Thinking Hats Entertainment Solutions IPO Reservation
Promoter Holding
Thinking Hats Entertainment Solutions IPO Valuations
Thinking Hats Entertainment Solutions Limited Financial Information
Thinking Hats Entertainment Solutions Limited's revenue increased by 20% and profit after tax (PAT) rose by 54% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||
| Assets | 2,403.22 | 1,456.81 | 641.14 | |||||||||||||||||||||||||||
| Revenue | 2,670.1 | 2,227.8 | 1,245.2 | |||||||||||||||||||||||||||
| Profit After Tax | 309.16 | 200.79 | 37.21 | |||||||||||||||||||||||||||
| Net Worth | 1,099.86 | 573.26 | 372.47 | |||||||||||||||||||||||||||
| Reserves and Surplus | 1,012.28 | 497.01 | 296.22 | |||||||||||||||||||||||||||
| Total Borrowing | 543.46 | 413.65 | 29.22 | |||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||
About Thinking Hats Entertainment Solutions IPO
Incorporated in February 2013, Thinking Hats Entertainment Solutions Limited specializes in concept development, event design, and production for live events, corporate functions, MICE, social and virtual events, as well as OTT content production and experiential marketing with a focus on content development, intellectual property curation, and tech-centric product development.
The company makes exclusive content for OTT platforms such as Netflix, Amazon, Sony Liv, MX Player, Disney+Hotstar, Voot, Zee5, etc.
The company has produced two web series for OTT platforms: "Aapkey Kamrey Me Koi Rehta Hai" and "Kathmandu Connection 2", as well as one Bengali movie titled "Onek Diner Pore". In addition to movies and OTT web series, we also create short films for YouTube content and corporate event movies.
The company's clients include Tata Group, including Westside and Zudio, Goldman Sachs, McDonalds, and Uber, as well as media brands like The Times of India, HT Media, Network 18 Media & Investments, Radio Mirchi, and Fever Entertainment.
Competitive Strength
- Talented team with a successful track record in event management, retail visual merchandising, and high-quality digital content creation.
- They have established connections with their clients and key figures in the entertainment industry, such as writers, directors, and streaming platforms.
- Strong brand recognition and a reputation for excellence in successful event management and retail visual merchandising.
As of September 2024, the Company had 35 employees on payroll.
Strength Of Thinking Hats Entertainment Solutions IPO
1. Diversified service portfolio with more than 10 years of track record.
2. Geographical presence.
3. Strong in-house concept creation and designing expertise.
4. Marque Clientele.
5. Meeting expectation of clients and maintaining long term relationship with clients.
6. Well experienced management team with proven project management and implementation skills.
Risk Of Thinking Hats Entertainment Solutions IPO
1. The company significantly relies on event management division for a significant amount of revenue, and any interruption or reduction in the customers in the said division may adversely affect its business and results of operations.
2. The company is exposed to claims from inadequate performance and defects that may affect the events managed by it and which may have an adverse effect on its business, financial conditions and results of operations.
3. Its business is subject to occasional/ seasonal fluctuations that may affect the company cash flows and business operations.
4. The company depends on its long term customers for a significant portion of the company revenue, and any decrease in revenues or sales from any one of such key customers may adversely affect its business and results of operations.
5. The company typically does not have firm commitment with its customers. If the company customers choose not to source their requirements from it, there may be a material adverse effect on its business, financial condition, cash flows and results of operations.
6. The company operates in limited geographies for a significant portion of its revenue and also depends on limited number of customers for the company revenue from operations. Projects in new geographies may not be as profitable as in existing geographies.
7. Its operations are subject to risks of mishaps or accidents that could cause damage or loss to life and property and could also result in loss or slowdown in its business.
8. Its business is dependent on third party vendors for activities related to the event like décor & production, lighting, and other equipment, other services & facilities etc. Non-availability of such vendor may adversely affect its business and results of operations.
9. If the company is not able to obtain, renew or maintain its statutory and regulatory licenses, registrations and approvals required to operate its business, it may have a material adverse effect on the company's business, results of operations and financial condition.
10. Its business is dependent upon the taste and preferences of the audience. Any shift in consumer taste and preference will have a negative impact on its business.
Objectives Thinking Hats Entertainment Solutions IPO
- Prepayment or repayment of all or a portion of certain loans availed by the Company
- Funding of working capital requirements of our Company
- General Corporate Purposes
Company Contact Details
Thinking Hats Entertainment Solutions Limited
KU220, Kuber Kartik, New Link Road
Prem Co-operative Society
Andheri West, Mumbai - 400 053
Phone: +91 976 915 6256
Email: info@thes.in
Website: https://thes.in/
Registrar Contact Details
Lead Mangers
Horizon Financial Pvt Ltd
Market Maker
Giriraj Stock Broking