Thinking Hats Entertainment IPO

Thinking Hats Entertainment Solutions Ltd IPO of 34,50,000 shares worth INR 15.09 crores aims to repay loans, fund working capital, and cover general corporate purposes.

Important Details

Open Date : September 25, 2024 Close Date : September 27, 2024 Allotment Date: September 30, 2024 Listing Date: October 3, 2024

Important Details

IPO Price: INR 42-44 per share Lot Size:3000 Shares Total Issue Size: INR 15.09 crores

Fundamental Analysis

Thinking Hats Entertainment IPO shows mixed performance: 1. Steady revenue growth. 2. Significant improvement in profitability and EPS. 3. Asset growth recorded. 4. Weakening liquidity, lower current ratio.

Peer Comparison

Thinking Hats Entertainment Solutions Ltd: Strong profitability; liquidity challenges. E Factor Experiences Ltd: High earnings and excellent profitability. Inspire Films Ltd: Modest profitability, Weak liquidity position.

Objective

Main objective of Thinking Hats Entertainment Solutions Ltd: 1. Repay loans. 2. Fund working capital. 3. Ensure financial stability.

Risks And Challenges

Thinking Hats Entertainment IPO Risks: 1. Reliance on event management revenue. 2. Client shift to in-house management. 3. Third-party liabilities. 4. Seasonality impacts from weather