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  3. Thinking Hats Entertainment Solutions IPO
Thinking Hats Entertainment Solutions logo

Thinking Hats Entertainment Solutions

Listed
Listed

IPO Timeline

Issue open date

25 Sep 2024

Issue close date

27 Sep 2024

UPI mandate deadline

27 Sep 2024

Allotment finalization

30 Sep 2024

Refund initiation

1 Oct 2024

Share credit

1 Oct 2024

Listing date

3 Oct 2024

Mandate end date

12 Oct 2024

Lock-in end date for anchor investors (50%)

30 Oct 2024

Lock-in end date for anchor investors (remaining)

29 Dec 2024

Key Dates

Open
25 Sep 2024
Close
27 Sep 2024
Listing
3 Oct 2024

Quick Stats

Issue Size:15cr
Lot Size:3000 shares

About the Company

Thinking Hats Entertainment Solutions Private Limited, founded in 2013, operates across various areas, including live events, corporate events, MICE (Meetings, Incentives, Conferences, and Exhibitions), as well as social and virtual events. The company provides services such as event management, music concerts, artist management and contracting, project management, campaign management, launch campaigns, brand/marketing activations, exclusive events, fashion shows, crew management, marketing events, employee engagement programs, and design and production. It also focuses on OTT content production, experiential marketing, and tech-driven product development.

Strengths

  • Over 10 years of experience offering a wide range of services.
  • Business presence across multiple locations.
  • Strong ability to create and design concepts in-house.
  • Prestigious and well-known clients.
  • Experienced management team with proven project management and implementation skills.

Risks

  • The company heavily relies on its event management division for a large portion of its revenue, and losing customers in this area could hurt its business.
  • Occasional fluctuations in demand or seasonal factors may impact the company’s cash flow and day-to-day operations.
  • The company depends on a few long-term customers for most of its revenue, and losing any of them could negatively affect its business.
  • It often doesn’t have long-term contracts with clients, so if customers choose other providers, it could harm the company’s financial health.
  • The company relies on third-party vendors for many event-related tasks, and their unavailability could disrupt its operations.

Thinking Hats Entertainment Solutions IPO – Frequently Asked Questions

  • The Thinking Hats Entertainment Solutions IPO opens on September 25, 2024 and closes on September 27, 2024.
  • The tentative listing date for the Thinking Hats Entertainment Solutions IPO is October 3, 2024.
  • You can apply for the Thinking Hats Entertainment Solutions IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Thinking Hats Entertainment Solutions, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Thinking Hats Entertainment Solutions IPO is 3000 shares. Investors must apply for at least one lot (i.e., 3000 shares).