What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the price band for Thinking Hats Entertainment Solutions Limited IPO?

The price band for Thinking Hats Entertainment Solutions Limited IPO is set at ₹42 to ₹44 per equity share with a minimum lot size of 3000 shares.

When does Thinking Hats Entertainment Solutions Limited IPO open and close?

The Thinking Hats Entertainment Solutions Limited IPO opens on 2024-09-25 and closes on 2024-09-27. The allotment date is 2024-09-30 and the listing date is 2024-10-03.

What is the current GMP of Thinking Hats Entertainment Solutions Limited IPO?

The current grey market premium (GMP) for Thinking Hats Entertainment Solutions Limited IPO is ₹30, implying an estimated listing price of ₹74 (68.18% gain over the upper price band).

How do I check Thinking Hats Entertainment Solutions Limited IPO allotment status?

You can check the allotment status on the registrar's official portal (Mas Services Limited) or through the BSE/NSE allotment websites once the basis of allotment is finalized.

Thinking Hats Entertainment Solutions Limited

ListedSME

Media & Entertainment · NSE

Founded in February 2013, Thinking Hats Entertainment Solutions Limited is a creative powerhouse specializing in event design, content development, and experiential marketing. From live events and corporate functions to OTT content production and virtual experiences, the company blends innovation with storytelling. It has produced exclusive content for top platforms like Netflix, Amazon, Sony Liv, Disney+ Hotstar, and Zee5, with notable works including the web series Aapkey Kamrey Me Koi Rehta Hai and Kathmandu Connection 2, as well as the Bengali film Onek Diner Pore. Thinking Hats also crafts short films for YouTube and corporate event movies, catering to clients like Tata Group, Goldman Sachs, McDonald's, Uber, and major media houses such as The Times of India and Network 18. As of September 2024, the company has a team of 35 professionals driving its creative vision forward.

Price Band

₹42 – ₹44

Issue Size

₹15.09 Cr

Lot Size

3000 shares

GMP

₹30

+68.2%

Est. Listing

₹74

at current GMP

Subscribed

322.35x

overall

Open

25 Sep 2024

27 Sep 2024

Allotment

30 Sep 2024

Refund

1 Oct 2024

Demat Credit

2 Oct 2024

Listing

3 Oct 2024

Last updated 12 days ago

Overview GMP Subscription Financials IPO Details Company Promoters Objects Peers Documents Allotment FAQs

Key Highlights

•Leading player in the Media & Entertainment segment
•Price band established at ₹42 - ₹44 per equity share
•Minimum bid lot is 3000 shares
•Estimated listing target of ₹74 based on current grey market activity