The Baweja Studios IPO date has been confirmed from January 29, 2024 and closes on February 1, 2024. Read the post to learn about Baweja Studios IPO GMP.
Baweja Studios IPO is a fixed price issue of Rs 97.20 crores. The price band is set at ₹170 to ₹180 per share. The minimum lot size for an application is 800 Shares. The minimum lot size for an application is 800 shares. Retail investors require a minimum investment of ₹144,000. The minimum investment for HNI is 2 lots (1,600 shares) worth ₹288,000.
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Key Details Of Baweja Studios Limited IPO:
Bidding Dates
Jan 29-Feb 1
Price Range
₹170 to ₹180 per share
Face Value
₹10 per share
GMP
₹2
Baweja Studios Limited IPO GMP
The Baweja Studios IPO GMP Today is ₹2.
Baweja Studios Limited IPO Overview
Baweja Studios IPO is a book-built offering valued Rs 97.20 crores. The offering comprises of a new issuance of 40 lakh shares worth Rs 72.00 crores and an offer to sell 14 lakh shares for Rs 25.20 crore. Baweja Studios initial public offering (IPO) will commence on January 29, 2024 and terminate on February 1, 2024. The allocation for Baweja Studios IPO is planned to be completed on Friday, February 2, 2024. The Baweja Studios initial public offering (IPO) will be placed on NSE SME on Tuesday, February 6, 2024.
Baweja Studios IPO price ranges from ₹170 to ₹180 per share. Baweja Studios IPO GMP today is ₹2. The minimum lot size for an application is 800 shares. Retail investors must deposit a minimum of ₹144,000. The minimum investment for HNIs is 2 lots (1,600 shares) for ₹288,000.
Baweja Studios IPO Details
| IPO Date | January 29, 2024 to February 1, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹170 to ₹180 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 5,400,000 shares (aggregating up to ₹97.20 Cr) |
| Fresh Issue | 4,000,000 shares (aggregating up to ₹72.00 Cr) |
| Offer for Sale | 1,400,000 shares of ₹10 (aggregating up to ₹25.20 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 14,427,001 |
| Share holding post issue | 18,427,001 |
| Market Maker portion | 288,000 shares |
Baweja Studios IPO Financial Information
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 4,489.98 | 3,056.03 | 3,223.67 |
| Revenue | 7,628.31 | 4,096.79 | 1,954.11 |
| Profit After Tax | 796.91 | 275.94 | 764.60 |
| Net Worth | 1,986.28 | 724.07 | 448.13 |
| Reserves and Surplus | 543.58 | 181.07 | 445.13 |
| Total Borrowing | 142.38 | 266.86 | 179.60 |
| Amount in ₹ Lakhs | |||
Baweja Studios IPO Timeline
| IPO Open Date | Monday, January 29, 2024 |
| IPO Close Date | Thursday, February 1, 2024 |
| Basis of Allotment | Friday, February 2, 2024 |
| Initiation of Refunds | Monday, February 5, 2024 |
| Credit of Shares to Demat | Monday, February 5, 2024 |
| Listing Date | Tuesday, February 6, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 1, 2024 |
Company Profile
Baweja Studios Limited, formed on March 16, 2001, is a production company that makes Hindi and Punjabi films such Chaar Sahibzaade, Love Story 2050, Qayamat, and Bhaukaal. Additionally, the company trades movie rights. They buy rights from producers and then sell them to exhibitors and streaming services. By June 2023, the company will have completed 22 projects, including six films under production and seven in pre-production. Baweja Studios is a content production company that specialises in generating technology-based commercial films.
The company’s purpose is to push the limits of narrative while merging technological advancements into its industry. As part of their business model, they do script research and development, complete content creation, establish intellectual property, and monetize rights. The studio has evolved into a number of areas, including digital films, online series, animation films, Punjabi films, commercial films, and music videos. As of June 22, 2023, the firm employs 16 full-time employees in various areas. The competitive strengths of the firm are:-
- Mr. Harman Baweja, the Promoter, has contributed significantly to the growth and development of our company via his 22 years of expertise in the media and entertainment industries.
- The Directors and other Key Managerial Personnel oversee day-to-day operations, maintaining a lean and hands-on organization.
- Long-standing relationships in the industry
- Increasingly diverse The Content Library
- The technology-based business model includes leveraging a company’s ability to form a skilled team for producing innovative films, effective marketing, expert management to identify potential scripts, acquiring new OTT platforms and online digital partners and customers, budgeting for film production, and achieving economies of scale.
Registrar Info
| Name | Skyline Financial Services Private Ltd |
| Phone number | 02228511022 |
| Email ID | [email protected] |
| Website | skylinerta.com |
Contact Details
| Name | Baweja Studios Limited |
| Phone number | +91 22 3590 1403 |
| Email ID | [email protected] |
| Website | bawejastudios.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Baweja Studios IPO FAQs
When Baweja Studios IPO will open?
The Baweja Studios IPO opens on January 29, 2024 and closes on February 1, 2024.
What is the lot size of Baweja Studios IPO?
Baweja Studios IPO lot size is 800 Shares, and the minimum amount required is ₹144,000.
When is Baweja Studios IPO allotment?
The finalization of Basis of Allotment for Baweja Studios IPO will be done on Friday, February 2, 2024, and the allotted shares will be credited to your demat account by Monday, February 5, 2024.
When is Baweja Studios IPO listing date?
The Baweja Studios IPO listing date is not yet announced. The tentative date of Baweja Studios IPO listing is Tuesday, February 6, 2024.
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