The allotment date for Thinking Hats Entertainment Solutions’ IPO is likely to be today. GMP, steps to check quota status online

Thinking Hats Entertainment Solutions IPO Allotment: The initial public offering (IPO) of Thinking Hats Entertainment Solutions Ltd concluded on Friday with a robust subscription. As the tender deadline has passed, applicants now have to pay attention to Thinking Hats Entertainment Solutions’ IPO allotment, which is expected to close today.

The allotment date for Thinking Hats Entertainment Solutions’ IPO is likely to be today, September 30. The Thinking Hats Entertainment Solutions IPO was open from September 25th to 27th.

The company is expected to determine the basis for share allocation in Thinking Hats Entertainment Solutions’ IPO today. The equity shares will be credited to the demat accounts of eligible allottees on October 1 and refunds will be paid to unsuccessful bidders on the same day.

The Thinking Hats Entertainment Solutions IPO is an SME IPO and the company’s shares will be listed on the NSE SME on October 3.

Investors can check the IPO allotment status of Thinking Hats Entertainment Solutions online via the NSE website or the official portal of the IPO registrar. Mas Services is the IPO registrar for Thinking Hats Entertainment Solutions.

Here are some simple steps to help Thinking Hats Entertainment Solutions check IPO allotment status online:

Thinking Hats Entertainment Solutions IPO Allotment Status

Step 1] Visit the IPO registrar website at this link: https://www.masserv.com/ipoallotment.asp

Step 2] Click on Thinking Hats Entertainment Solutions Limited Allotment Status

step 3] Select between “Search by DP ID” or “PAN”.

Step 4] Enter the details according to the selected option

Your Thinking Hats Entertainment Solutions IPO allotment status will be displayed on the screen.

Thinking Hats Entertainment Solutions IPO GMP today

Thinking Hats Entertainment Solutions shares command a strong premium on the gray market. Thinking Hats Entertainment Solutions IPO GMP is today ₹30 per share, say stock market observers. This suggests that Thinking Hats Entertainment Solutions shares are trading 1.5% higher on the gray market ₹30 as their issue price.

Taking into account today’s IPO GMP of Thinking Hats Entertainment Solutions and the issue price, the estimated listing price of Thinking Hats Entertainment Solutions is ₹74 each, a 68.18% premium to the IPO price of ₹44 per share.

Thinking Hats Entertainment Solutions IPO details

The bidding for Thinking Hats Entertainment Solutions’ IPO began on Wednesday, September 25th and closed on Friday, September 27th. The allotment date for Thinking Hats Entertainment Solutions’ IPO is likely to be today, September 30, and the listing date is October 3. Thinking Hats Entertainment Solutions The shares are listed on the NSE SME.

Thinking Hats Entertainment Solutions IPO price range has been set at ₹42 to ₹44 per share. At the top end of the price range, the company increased ₹15.09 crore from the SME IPO, which was entirely a fresh issue of 34.29 lakh shares.

Thinking Hats Entertainment Solutions IPO received a total of 322.19 subscribers. The public issue received 347.64 times subscription in the retail category, 67.67 times subscription in the Qualified Institutional Bidders (QIB) category and 356.81 times subscription in the category Non-Institutional Investors (NII).

The Company intends to use the net proceeds for prepayment or repayment of all or a portion of certain loans, financing working capital requirements and general corporate purposes.

Horizon Financial Pvt Ltd is the book running lead manager of the IPO of Thinking Hats Entertainment Solutions while Mas Services is the IPO registrar.