Baweja Studios Limited IPO
- IPO Date29 Jan, 2024 to 01 Feb, 2024
- Listing Date06 Feb, 2024
- Face Value₹10 per share
- Issue Price₹170 to ₹180 per share
- Lot Size800 Shares
- Minimum Investment₹1,44,000
- Listing AtNSE SME
- Total Issue Size54,00,000 Shares
(aggregating up to ₹97.20 Cr) - Fresh Issue40,00,000 Shares
(aggregating up to ₹72.00 Cr)
- Offer for Sale14,00,000 Shares
(aggregating up to ₹25.20 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue1,44,27,001
- Shareholding post issue1,84,26,999
IPO Dates
Closing Date
01 Feb, 2024
Initiation of Refunds
05 Feb, 2024
Listing Date
06 Feb, 2024
29 Jan, 2024
Opening Date
02 Feb, 2024
Basis of Allotment
05 Feb, 2024
Credit of Shares
Baweja Studios Limited Lot Size
Investors can bid for a minimum of 800 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,44,000 |
| Retail (Max) | 1 | 800 | ₹1,44,000 |
| HNI (Min) | 2 | 1600 | ₹2,88,000 |
Baweja Studios Limited Promoter Holding
The promoter of the company are Harjaspal Singh Baweja, Paramjit Harjaspal Baweja, Harman Baweja and Rowena Baweja.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 99.99% | - |
Baweja Studios Limited COMPANY INFORMATION
Baweja Studios IPO is a book built issue of Rs 97.20 crores. The issue is a combination of fresh issue of 40 lakh shares aggregating to Rs 72.00 crores and offer for sale of 14 lakh shares aggregating to Rs 25.20 crores. Baweja Studios IPO bidding started from January 29, 2024 and ended on February 1, 2024. The allotment for Baweja Studios IPO was finalized on Friday, February 2, 2024. The shares got listed on NSE SME on February 6, 2024. Baweja Studios IPO price band is set at ₹170 to ₹180 per share. The minimum lot size for an application is 800 Shares. The minimum amount of investment required by retail investors is ₹144,000. The minimum lot size investment for HNI is 2 lots (1,600 shares) amounting to ₹288,000. Fedex Securities Pvt Ltd is the book running lead manager of the Baweja Studios IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Baweja Studios IPO is Nnm Securities. Refer to Baweja Studios IPO RHP for detailed information.
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.
FAQs About Baweja Studios Limited Ipo
Baweja Studios Limited IPO will open on 29 Jan, 2024 and close on 01 Feb, 2024. Investors must apply within this period to participate.
The Baweja Studios Limited IPO price band is set between ₹170.00 and ₹180.00 per share. The minimum lot size is 800, requiring an investment of at least ₹144000.00.
The Baweja Studios Limited IPO shares are expected to be listed on 06 Feb, 2024, subject to regulatory approvals and final allotment.
You can track your Baweja Studios Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Baweja Studios Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.