31 Mar 2022
Assets6.41
Total Income12.45
Profit After Tax0.37
NET Worth3.72
Reserves and Surplus2.96
Total Borrowing0.29
At a glance
Updated 2026-09-13Thinking Hats Entertainment Solutions is a SME IPO with an issue size of ₹15.09 crore, proposed for listing on NSE SME. The issue structure includes a fresh issue of ₹14.30 crore.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹15.09 Cr
Fresh issue₹14.30 Cr
Face value₹10
Price band₹42.00–₹44.00
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Company
Use of proceeds
| Object | Amount |
|---|---|
| Prepayment or repayment of all or a portion of certain loans availed by the Company; | ₹2.00 Cr |
| Funding of working capital requirements of the Company | ₹8.40 Cr |
| General corporate purposes | ₹2.80 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue26.70₹ Cr · +19.8% vs prior year
PAT3.09₹ Cr · +53.7% vs prior year
Assets24.03₹ Cr · +64.9% vs prior year
Net Worth11.00₹ Cr · +92.0% vs prior year
Borrowing5.43₹ Cr · +31.2% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets14.57
Total Income22.28
Profit After Tax2.01
NET Worth5.73
Reserves and Surplus4.97
Total Borrowing4.14
31 Mar 2024
Assets24.03
Total Income26.70
Profit After Tax3.09
NET Worth11.00
Reserves and Surplus10.12
Total Borrowing5.43
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 28.11% |
| ROCE | 29.37% |
| Debt / Equity | 0.49% |
| RoNW | 28.11% |
| PAT Margin | 11.61% |
| Price to Book Value | 3.5 |
Valuation & shareholding
Pre-IPO EPS3.41
Post-IPO EPS2.48
Pre-IPO P/E12.89
Post-IPO P/E17.77
Promoter holding pre78.29%
Promoter holding post56.78%
Market cap₹54.94 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Thinking Hats Entertainment Solutions IPO | — | 17.77 x | — | — |
| Optimystix Entertainment IPO | — | 16.94 x | — | — |
| Simca Advertising IPO | — | 15.39 x | — | — |
| Value 360 IPO | — | 17.25 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Issue management fees including fees and reimbursements of Market Making fees and payment to other Intermediaries such as Legal Advisors to the IPO, Registrars and other out of pocket expenses. | ₹0.63 Cr |
| Marketing and Selling Commission and expenses | ₹1.00 Cr |
| Advertising and marketing expenses | ₹0.11 Cr |
| Printing and distribution of issue stationery | ₹0.01 Cr |
| Listing fees | ₹0.01 Cr |
| SEBI and NSE processing fees | ₹0.00 Cr |
| Book Building software fees | ₹0.04 Cr |
| Other regulatory expenses | ₹0.05 Cr |
| Miscellaneous | ₹0.05 Cr |
Registrar & lead managers
Registrar
MAS Services Ltd.Lead managers
- Horizon Financial Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-13.
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