Baweja Studios Limited IPO

Price
₹170 - ₹180
Lot
800
Subs.
2.62
Expected Listing Earning

Exp. Premium(GMP):
8.33(4.63%)
IPO Details

Open Date: 29-Jan-2024
Close Date: 01-Feb-2024
Allotment Date: 02-Jan-2024
Listing Date: 06-Feb-2024
Listing Price: N/A
Face Value: ₹10 Per Equity Share
Issue Price: ₹170-180 Per Equity Share
Issue Size: Total Issue Size 5,400,000 shares (aggregating up to ₹97.20 Cr) : Fresh Issue 4,000,000 shares (aggregating up to ₹72.00 Cr) : Offer for Sale 1,400,000 shares of ₹10 (aggregating up to ₹25.20 Cr)
Market Lot (Min Amount): Retail - ₹144,000 : HNI - ₹288,000
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved217,6002,284,0002,284,0004,785,600
Day 1 - 29-01-24 
05:00 PM
0.00x0.24x0.59x0.39x
Day 2 - 30-01-24 
05:00 PM
0.01x0.23x1.31x0.74x
Day 3 - 31-01-24 
05:00 PM
0.01x0.35x2.00x1.12x
Day 4 - 01-02-24 
05:00 PM
2.17x1.08x4.20x2.62x
Total No. of Application:11,993 (Approx.)
Retail Subscription on the basis of Apps:4.20x
Valuations

Earning Per Share(EPS)5.52/-
P/E Ratio32.59
RoNW40.12%
Net Asset Value (NAV) - Post Issue:13.77/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Mar,20234,489.987,628.31796.91
31 Mar,20223,056.034,096.79275.94
31 Mar,20213,223.671,954.11764.60
Promoter(s)

Pre Issue Share Holding99.99%
Post Issue Share HoldingN/A%
Company Promoter(s)
1. Harjaspal Singh Baweja
2. Paramjit Harjaspal Baweja
3. Harman Baweja
4. Rowena Baweja
Issue Objective(s)

The company proposes to utilize the net proceeds from the Offer towards funding the following objects and achieve the benefits of listing on NSE Emerge platform of National Stock Exchange of India Limited:

  1. To meet the working capital requirements;
  2. General corporate purposes
About Company

Incorporated in March 16, 2001, Baweja Studios Limited is a production company, producing Hindi and Panjabi films such as Chaar Sahibzaade, Love Story 2050, Qayamat and Bhaukaal. Also, the Company is in the business of trading movie rights. They purchase rights from producers and sell them to exhibitors and streaming platforms.

By June 2023, the company ;has completed 22 projects, with 6 films in production and 7 in pre-production.

Baweja Studios is a content production house that focuses on creating technology-based commercial films. The goal of the company is to push the boundaries of storytelling and incorporate technological advancements in its field. As part of their business process, they research and develop scripts, produce content end-to-end, create intellectual property, and monetize rights.

The company has diversified into various areas including digital films, web series, animation films, Punjabi films, advertisement films, and music videos.

As of June 22, 2023, the company employs a total of 16 full-time staff across various departments.

The competitive strength of the company are :-

  • The Promoter, Mr. Harman Baweja, has played a significant role in the growth and development of our business with his 22 years of experience in the media and entertainment industry.
  • The Directors and other Key Managerial Personnel lead day-to-day activities, ensuring a lean and hands-on organization.
  • Long-standing relationships in the industry
  • Diverse and growing Content Library
  • The business model that relies on technology involves utilizing a company's ability to form a skilled team for producing innovative films, effective marketing, expert management to identify potential scripts, acquiring new OTT platforms and online digital partners and customers, budgeting for film production, and achieving economies of scale.
Disclaimer

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

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