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.
Open Date : September 25, 2024 Close Date : September 27, 2024 Allotment Date: September 30, 2024 Listing Date: October 3, 2024
IPO Price: INR 42-44 per share Lot Size:3000 Shares Total Issue Size: INR 15.09 crores
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.
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.
Main objective of Thinking Hats Entertainment Solutions Ltd: 1. Repay loans. 2. Fund working capital. 3. Ensure financial stability.
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