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.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 1 Oct 2024.

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 Live GMP Live Subscription Allotment Status

Official Registrar Verification

Thinking Hats Entertainment Solutions Limited Allotment Status

Designated Registrar: Mas Services Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

30 Sep 2024

Basis finalization

Refunds Initiate

1 Oct 2024

Mandate release

Demat Credit

2 Oct 2024

Shares in demat

Listing Debut

3 Oct 2024

Trading begins

How to Check Thinking Hats Entertainment Solutions Limited IPO Allotment Status

Click the Check on Registrar button above to visit Mas Services Limited's allotment portal.
Select Thinking Hats Entertainment Solutions Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Thinking Hats Entertainment Solutions Limited Public Issue & Market Profile

Thinking Hats Entertainment Solutions Limited is bringing an initial public offering (IPO) in the Media & Entertainment sector with an aggregate issue size of ₹15.09 Crores. The shares are offered at a price band of ₹42 to ₹44 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,32,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Mas Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-10-02, while un-allotted funds or UPI block mandates will be released on 2024-10-01.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.