Baweja Studios is scheduled to hit the market on January 29, 2024 and close on February 1, 2024. Baweja Studios plans to raise around ₹97.20 Cr through an IPO with a sale of up to 5,400,000 equity shares of ₹10 each. The Retail offered 42%, QIB Shares Offered 11%, HNI Shares Offered 42%.
Established on March 16, 2001, Baweja Studios Limited is a dynamic production company renowned for crafting Hindi and Punjabi films, including notable titles like “Chaar Sahibzaade,” “Love Story 2050,” “Qayamat,” and “Bhaukaal.” Additionally, the company actively engages in the trade of movie rights, acquiring rights from producers and facilitating their sale to exhibitors and streaming platforms.
As of June 2023, Baweja Studios has successfully executed 22 projects, with 6 films currently in production and 7 in the pre-production phase. Positioned as a content production house, Baweja Studios specializes in the creation of technology-driven commercial films.
Baweja Studios IPO Details
Baweja Studios IPO opens on Jan 29, 2024, and closes on Feb 01, 2024. The Listing date for Baweja Studios IPO is on Feb 06, 2024. The price band for IPO is ₹170 to ₹180 per share and lot size of 800 Shares.
| IPO Date | Jan 29, 2024 to Feb 01, 2024 |
| Listing Date | Feb 06, 2024 |
| Price | ₹170 to ₹180 per share |
| Lot Size | 800 Shares |
| Issue Size | ₹97.20 Cr |
| Face Value | ₹10 per share |
Baweja Studios IPO Tentative Timetable
Baweja Studios opening date is January 29, 2024 and close date is February 1, 2024. The IPO allotment date is February 02, 2024. The refund initiation of IPO is on February 05, 2024. The credit of shares in demat account is on February 05, 2024. The listing date is on February 06, 2024.
| Event | Date |
|---|---|
| IPO Opening | Jan 29, 2024 |
| IPO Closing | Feb 01, 2024 |
| IPO Allotment Date | Feb 02, 2024 |
| Refund Initiation | Feb 05, 2024 |
| Shares Credit to Demat | Feb 05, 2024 |
| Lisiting Date | Feb 06, 2024 |
Baweja Studios IPO Lot Size
Lot Size of this IPO is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹144,000).
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail(Minimum) | 1 | 800 | ₹144,000 |
| Retail(Maximum) | 1 | 800 | ₹144,000 |
| HNI (Minimum) | 2 | 1600 | ₹288,000 |
Baweja Studios IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding |
Baweja Studios IPO Review
Baweja Studios Limited is poised to launch its IPO, introducing 331.69 Cr. worth of equity shares. The company, under the leadership of Mr. Harman Baweja, a seasoned professional with 22 years of experience in the media and entertainment industry, has diversified into digital films, web series, animation films, Punjabi films, advertisement films, and music videos. As of June 22, 2023, the company sustains a lean and hands-on organization with 16 full-time staff, emphasizing long-standing industry relationships and a diverse, growing content library.
Financials depict a robust performance, with a significant 86.2% revenue increase and an impressive 188.8% rise in profit after tax between March 31, 2022, and March 31, 2023. Key performance indicators highlight a market capitalization of Rs. 331.69 Cr., with an ROE of 40.12%, ROCE at 52.55%, a debt/equity ratio of 0.07, RoNW at 40.12%, and a P/BV of 13.07. Pre-IPO and post-IPO EPS are reported at Rs. 5.52 and Rs. 4.32, respectively, with corresponding P/E ratios of 32.59 and 41.62.
The IPO's primary objectives include meeting working capital requirements and addressing general corporate purposes. Investors should scrutinize the company's growth strategy, the sustainability of its diverse content portfolio, and its ability to capitalize on emerging opportunities in the dynamic media and entertainment industry before making informed investment decisions.
Baweja Studios IPO Subscription Status (Bidding Details)
Table not foundBaweja Studios IPO Broker Recommendations
- Capital Market: To be updated soon
- Anand Rathi: To be updated soon
- SMC Global: To be updated soon
- Arihant Capital: To be updated soon
Baweja Studios IPO FAQs
What is Baweja Studios IPO?
Baweja Studios is issuing 5,400,000 equity shares with a face value of ₹10 each, totaling up to ₹97.20 Cr. The shares are being offered at a price of ₹170 to ₹180 each, with a minimum order quantity of 800 shares.
Skyline Financial Services Private Ltd is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.
When Baweja Studios IPO will open?
Baweja Studios will open on January 29, 2024 for QIB, NII, and Retail Investors.
When Baweja Studios IPO will end?
Baweja Studios will end on February 1, 2024.
What is Baweja Studios IPO Size?
Baweja Studios IPO size is ₹97.20 Cr.
What is Baweja Studios IPO Price Band?
Baweja Studios price band is ₹170 to ₹180 per share.
What is the Baweja Studios IPO Allotment Date?
Baweja Studios allotment date is February 02,2024.
What is the Baweja Studios IPO Listing Date?
Baweja Studios listing date is February 06, 2024. The IPO is to be listed on BSE and NSE.
How to Baweja Studios IPO through Zerodha?
To apply for the IPO “Baweja Studios” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.
How to Apply Baweja Studios IPO through Upstox?
To apply for the IPO “Baweja Studios” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.
How to check Baweja Studios IPO Allotment Status?
For Baweja Studios IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.
What is Baweja Studios IPO GMP?
You can check out here: Baweja Studios IPO GMP