Baweja Studios IPO Review – GMP, Details, Price & More

Baweja Studios IPO review – is coming up with its Initial public offering. The IPO will be open for subscription on January 29, 2024

 

Baweja Studios IPO – Details

 

IPO Open Date 29 January 2024
IPO Close Date 01 February 2024
Issue Type Book Built Issue IPO
Issue Size 54,00,000 Shares Worth ₹97.20 Crore

Fresh Issue: 40,00,000 Shares Worth ₹72.00 Crore

Offer For Sale: 14,00,000 Shares Worth ₹25.20 Crore

Face Value ₹10 per equity share
IPO Price ₹170 – ₹180
Market Lot 800 Shares
Minimum Order 800 Shares (1 Lot)
Listing At NSE SME
Register Skyline Financial Services Private Ltd
Retail Shares Offered 35%
QIB Shares Offered 50%
NII (HNI) Shares Offered 15%

 

Baweja Studios IPO – Date Schedule

 

IPO Opening Date 29 January 2024
IPO Closing Date 01 February 2024
Finalization of Basis of Allotment 02 February 2024
Refunds Initiation 05 February 2024
Transfer of shares to demat accounts 05 February 2024
Listing Date of IPO 06 February 2024

 

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Baweja Studios IPO – About Company 

 

Baweja Studios Limited operates as a production company, producing Hindi and Panjabi films such as Chaar Sahibzaade, Love Story 2050, Qayamat and Bhaukaal. Additionally, the company engages in the trade of movie rights, procuring rights from producers and facilitating their sale to exhibitors and streaming platforms.

As of June 2023, Baweja Studios has successfully completed 22 projects, with 6 films currently in production and 7 in the pre-production phase.

Functioning as a content production house, Baweja Studios is dedicated to crafting technology-driven commercial films. The company strives to redefine storytelling boundaries by incorporating technological advancements into its projects. Their business process involves comprehensive activities such as script research and development, end-to-end content production, intellectual property creation, and rights monetization.

With a commitment to diversification, Baweja Studios has expanded into various realms, encompassing digital films, web series, animation films, Punjabi films, advertisement films, and music videos.

As of June 22, 2023, the company maintains a workforce of 16 full-time staff members distributed across different departments.

Baweja Studios IPO Review
Baweja Studios IPO ReviewBaweja Studios IPO Review

 

Baweja Studios IPO – Industry Overview 

 

India’s media and entertainment (M&E) industry is expected to report revenues amounting to INR 1.6 trillion in FY24 as television (TV) and print media is expected to witness a rebound in advertising revenues, according to a report from rating agency Crisil.

According to the report, the TV industry is expected to see INR 73,500 crore in revenue next year, followed by print media at INR 29,300 crore and digital at INR 28,700 crore. Additionally, the film exhibition segment’s market size will reach INR 25,000 crore in FY24.

As per the latest report by the PwC, India’s Media and entertainment Industry is expected to reach Rs. 4,30,401 crores (US$ 53.99 billion) by 2026. Advertising revenue in India is projected to reach Rs. 394 billion (US$ 5.42 billion) by 2024. Television would account for 40% of the Indian media market in 2024, followed by print media (13%), digital advertising (12%), cinema (9%), and the OTT and gaming industries (8%).

 

Baweja Studios IPO Financial Performance

 

  FY 2022 FY 2023 H1 FY 2024
Revenue 40.71 73.79 38.66
Expenses 36.88 65.59 33.09
Net income 2.76 7.97 4.35

Figures in INR Crores

 

Baweja Studios IPO – Valuations & Margins

 

FY 2021 FY 2022 FY 2023
EPS 7.82 2.82 7.83
PE ratio 21.71 – 22.99
RONW (%) 170.62 38.11 40.12
NAV 4.59 7.41 19.51
ROCE (%) 185.63 44.08 52.55
EBITDA (%) 59.59 10.36 12.22
Debt/Equity 0.40 0.37 0.07

 

Baweja Studios IPO – Prospectus

 

 

Competitive Strengths

  • Leveraging experience of company’s promoter;
  • Qualified senior management team;
  • Long standing relationship in the industry;
  • Diverse and growing Content library; and
  • Distribution and Collaboration model.

 

Object Of The Issue

  • To meet Working Capital requirements.
  • General Corporate Purpose.

 

Baweja Studios IPO GMP Today

 

Date Day-wise IPO GMP Kostak Subject to Sauda
Coming soon

 

Baweja Studios IPO – Allotment Status

Baweja Studios IPO allotment status will be available on Skyline Financial Services’ website. Click on this link to get allotment status.

Baweja Studios IPO – Lots Size & Price

 

Application Lots Shares Amount ( Cut-Off)
Retail (Min) 1 800 1,44,000
Retail (Max) 1 800 1,44,000
HNI (Min) 2 1600 2,88,000

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Disclaimer: No content on this website should be treated as investment advice. All the content offered on the website is for informational purposes only. Please contact your adviser before making an investment. 

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