February 6, 2024
admin
Baweja Studios IPO Watch, Guidance & Subscription Status at Chanakyanipothi.com,
👉A legacy of 31 Years.
India`s Oldest Investment & IPO website.
👉Most Trusted by Investors across India.
Baweja Studios IPO Post Listing Review :
Listed at Rs. 183, at premium of 1.67% over the issue price of Rs. 180. The listing has been at par with the expectations of the grey market.
Baweja Studios IPO Subscription
On 1 February 2024 3.00 pm (Day 4) (Closed)
Review: Very unimpressive response on D3.
QIB: 217600 Shares 2.17 T
NII: 2284000 Shares 1.08 T
RII: 2284000 Shares 4.20 T
Total: 4785600 Shares 2.62 T
Total Bids of Rs.254.66 Cr
What is the business of Baweja Studios?
Harjaspal Singh Baweja (commonly known as Harry Baweja), its founder, has been instrumental in setting up the business of this Company as a production house in the bollywood film industry. Starting out his producing journey with a blockbuster, “Dilwale” in 1994, he quickly maneuvered his way in getting a deeper understanding of the industry. Over the years he produced and directed over 14 films and established himself and we believe that he soon become a key player in the industry with a very strong goodwill. With an experience of over three decades in the film industry, Harry Baweja with his vast experience has handled various areas of business including strategic planning, implementation and has led the Company’s operation over the years.
Its current Chairman and Managing Director, Harman Baweja is one of the Promoter of the Company.
The Promoters have a long history of creating Hindi and Punjabi films backed by an extensive film library. Chaar Sahibzaade, Love Story 2050, Qayamat, Bhaukaal, are some of the popular productions of our Company. Further, the Company has also been engaged in the business of trading of movie rights, where we purchase rights connected to a movie from producers and onward trade them to the exhibitors / streaming platforms.
The Company has been steadily growing in the field of motion picture production since its inception. As on the date of DRHP, it has produced over 22 projects and have 6 films under production and
another 7 under pre-production stages. It believes that it would be able to release the under-production project in the next fiscal. Further, the Company is also engaged in various other projects which are presently under the research & development stage.
It is a technology-based content production house that specializes in all formats of commercial films with an aim to push the boundaries of storytelling and technology advancements in its field.
Get more information about the company @ www.bawejastudios.com
| Baweja Studios IPO Details | |
| IPO opens on | 29 January 2024 |
| IPO closes on | 01 February 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 5400000 Sh /Rs 97.20 Cr |
| * Fresh Issue | 4000000 Sh /Rs 72.00 Cr |
| * Offer for Sale | 1400000 Sh /Rs 25.20 Cr |
| Market Maker Portion | 288000 Sh. |
| Net offer to Public | 5112000 Sh./Rs.92.02 Cr |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 170-180 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 800 Shares |
| Listing will at | NSE SME |
| Shares offered in Baweja Studios IPO | ||
| Shares | Rs. (Cr) | |
| QIB (0%) | – | – |
| NII (50%) | – | – |
| RII (50%) | – | – |
| Total Shares | 5112000 | 92.02 |
| Retail portion will be oversubscribed by | ? | |
| Forms | ||
| How much Shares to Apply in Baweja Studios IPO? | ||
| Min Retail Application | 800 Sh | Rs. 144000 |
| Min HNI Application | 1600 Sh | Rs.288000 |
Who are the Promoters of Baweja Studios IPO?
THE PROMOTERS OF THE COMPANY ARE HARJASPAL SINGH BAWEJA, PARAMJIT HARJASPAL BAWEJA, HARMAN BAWEJA AND ROWENA BAWEJ
What are the Objects of Baweja Studios IPO?
The Offer comprises of a Fresh Issue of Equity shares, by the Company and an Offer for Sale.
The Company proposes to utilize the net proceeds from the Offer towards funding the following objects and achieve the benefits of listing
1. To meet the working capital requirements;
2. General corporate purposes
| Baweja Studios IPO Tentative timetable | |
| IPO opens on | 29 January 2024 |
| IPO Closes on | 01 February 2024 |
| IPO Allotment on | 02 February2024 |
| Refund Initiation | 05 February 2024 |
| Credit of Shares | 05 February 2024 |
| Listing on | 06 February 2024 |
| Registered Office of the Company Baweja Studios LIMITED Flat No. C/65, Ashirwad, 2nd Cross Lane, Lokhandwala Complex, Andheri, Mumbai – 400053 |
| Who is the Lead Manager of Baweja Studios IPO? FEDEX SECURITIES Pvt ltd |
| Who is the Registrar to IPO? SKYLINE FINANCIAL SERVICES Pvt Ltd |
| Baweja Studios IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Cr | Rs.in Cr | Rs. | % | |
| 2020-21 | 19.54 | 7.65 | 7.82 | 170.62 |
| 2021-22 | 40.97 | 2.76 | 2.82 | 38.11 |
| 2022-23 | 76.28 | 7.97 | 7.83 | 40.12 |
| Book Value of the Share on | 31.03.2023 | Rs 19.51 | ||
| BV of the Share at cap price | after the IPO | Rs. ? | ||
| Offer Price/upper band | Rs. 180 | |||
| Baweja Studios IPO Key Performance indicators |
|
| Price/last EPS of 22-23 | 22.99 |
| Price/BV Ratio | 9.22 |
| Upper price/BV after IPO | |
How Baweja Studios IPO compares with the Peers?
| As per DRHP | FV | Total Income | PE Ratio |
| In Rs. Cr | |||
| Baweja Studios | 10 | 73.79 22.99 | |
| Shemaroo | 10 | 583.24 | 63.56 |
| Zee Entertainment | 7695 | 101.37 | |
| Mukta Arts | 34 | 13.47 | |
| VELS Films | 57.69 | 14.71 | |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Baweja Studios IPO To the point Guidance
The company has a long history of creating Hindi and Punjabi films backed by an extensive film library. Chaar Sahibzaade, Love Story 2050, Qayamat, Bhaukaal, are some of the popular productions of the Company. Further, the Company has also been engaged in the business of trading of movie rights, where it purchases rights connected to a movie from producers and onward trade them to the exhibitors / streaming platforms.
Size: Being a SME IPO, the size of the IPO (Rs 97.20 Cr) is very large, as per the recent trend. However, considering, the hunger of the investors, IPO may get oversubscribed easily.
Financial Snapshot: The company has shown strong the topline and the bottomline during last 3 years, however because of the business nature, the fluctuations in the topline and bottomline are natural. The price is very reasonable. One may apply this IPO.
Quicklinks
Baweja Studios IPO GMP Detail IPO GMP today details?
Baweja Studios IPO
Baweja Studios IPO FAQs
What is Baweja Studios IPO?
Baweja Studios IPO is a SME IPO of 5400000 equity shares of the face value of Rs. 10 aggregating up to Rs.97.20 Crores. The issue is priced at Rs.170-180 per share. The minimum order quantity is 800 Shares.
When Baweja Studios IPO will open?
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 Rs.144000.
How to apply for Baweja Studios IPO?
You can apply in Baweja Studios 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 Baweja Studios IPO allotment?
The finalization of Basis of Allotment for Baweja Studios IPO will be done on February 2, 2024, and the allotted shares will be credited to your demat account by February 5, 2024.
When is Baweja Studios IPO listing date?
Baweja Studios IPO listing date is not yet announced. The tentative date of Baweja Studios IPO listing is February 6, 2024.
