Thinking Hats IPO GMP grey market premium, review, Subscription, allotment, listing estimate @

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What is the business of Thinking Hats?

Mach Conferences provides comprehensive array of services tailor made for MICE (Meeting, Incentives, Conferences, Exhibitions) and Events sector. Its experience ranges for arranging small corporate events to large global events. It is specialized in conference management, Exhibition management and Global Event Planning. It also manages all logistical aspects of events at specific destinations. This includes venue selection, accommodation arrangements, transportation logistics, local activities, and on-site coordination. It has a team of MICE and Events professionals working on the key essence of attention to detail, continuous budget control and endless creativity to help the client to explore new venues and new ways to impress its clients.

Majorly, its clientele is from Banking, Finance and Insurance Sector. However, it has worked for various industries including Hospitality, Infrastructure, FMCG etc. During last financial years i.e. 2023-24, it has completed 90 events including events conducted at London, Mussoorie, Bangalore, South Korea, Paris, Goa, Srinagar, Singapore etc. The average revenue for the conducting such events in the FY 2023-24 was Rs. 263.62 lakhs per event

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Who are the Promoters of Thinking Hats IPO?

Amit Bhatia and Laveena Bhatia are the company promoters

What are the Objects of Thinking Hats IPO?

The Offer comprises of fresh issue of shares.

The Net Proceeds from the Fresh Issue will be utilized towards the following objects:

1. To Meet Working Capital Requirements
2. General Corporate Purpose

Thinking Hats IPO GMP grey market premium, review, Subscription, allotment, listing estimate

Thinking Hats IPO Review

Mach Conferences provides comprehensive array of services tailor made for MICE (Meeting, Incentives, Conferences, Exhibitions) and Events sector.

Size:  Net size of the IPO is Rs.118.53 crore, comprising of 5268000 shares. The size of the IPO is very large and so oversubscription is a bit difficult.
Financial Snapshot: The company has shown sharp rise in its bottomline in the year prior to the IPO.  
+ from fundamental angle: Must Apply
+ from grey market angle: ?

Quicklinks

• Staffavailable.com
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Thinking Hats IPO GMP today allotment, review?

Thinking Hats IPO GMP grey market premium

Thinking Hats IPO FAQs

What is Thinking Hats IPO?

This is a SME IPO of 5568000 equity shares of the face value of Rs. 10 aggregating up to Rs.125.28 Crores. The issue is priced at Rs.214-225 per share. The minimum order quantity is 600 Shares.

When will Thinking Hats IPO subscription open?

Thinking Hats IPO opens on September 4, 2024, and closes on September 8, 2024.

What is the lot size of Thinking Hats IPO?

Thinking Hats IPO lot size is 600 Shares, and the minimum amount required is Rs.135000

How to apply for Thinking Hats IPO?

You can apply in Thinking Hats IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

When is Thinking Hats IPO allotment?

The finalization of Basis of Allotment for Thinking Hats IPO will be done on September 9, 2024, and the allotted shares will be credited to your demat account by September 10, 2024.

When is Thinking Hats IPO listing date?

Thinking Hats IPO listing date is September 11, 2024.