IPO Details
Bidding Dates
29 Jan '24 - 01 Feb '24
Minimum Investment
₹1,44,000
Price Range
₹170 to ₹180 per share
Maximum Investment
₹1,44,000
Retail Discount
To be announced
Issue Size
54,00,000 Equity Shares
Investor category and sub category
Retail Individual Investors | Non-Institutional Investors | Qualified Institutional Buyers (QIB) |IPO Dates
Important dates with respect to IPO allotment and listing
Opening Date
Jan 29, 2024
Closing Date
Feb 1, 2024
Basis of Allotment
Feb 2, 2024
Initiation of Refunds
Feb 5, 2024
Credit of Shares to Demat
Feb 5, 2024
Listing Date
Feb 6, 2024
UPI Mandate Expiry Date
Feb 1, 2024
About Baweja Studios Limited
Baweja Studios Limited is involved in the business of originating, creating, developing and producing motion pictures and audio-visual content and their subsequent marketing, distribution and utilisation.
The company is a technology-based content production house that specialises in all formats of commercial films with an aim to push the boundaries of storytelling and technology advancements in our field. As part of their business process, they engage in the research and development of scripts, end-to-end production of content, intellectual property creation, and monetisation of rights. The company is diversified into digital films, animation films, web series, advertisement films, Punjabi films and music videos.
The Indian Media and Entertainment (M&E) industry is experiencing remarkable growth, poised to reach $30.9 billion by 2024. In 2021, smart connected TVs surged by 10 million units, with projections indicating a surpassing of 40 million by 2025. The digital media segment exhibited a robust 29% growth, reaching $5.2 billion in 2021. There is a rising demand for regional content, which is expected to constitute 60% of TV consumption and 50% of OTT consumption by 2025, reflecting a significant shift in content preferences. These trends can be a positive opportunity for Baweja Studios Limited.
Baweja Studios Limited IPO Details
Baweja Studios Limited IPO Date
Baweja Studios Limited’s IPO will open on January 29, 2024, and close on February 01, 2024. The IPO will be listed on the NSE Emerge on February 06, 2024.
Baweja Studios Limited IPO Price Band
Baweja Studios Limited is a fresh IPO of 54,00,000 shares. The price range of the IPO is ₹170 to ₹180 per share.
Baweja Studios Limited IPO Lot Size
Baweja Studios Limited’s IPO lot size is 800 shares.
Baweja Studios Limited IPO Objectives
The objectives of Baweja Studios Limited's IPO are listed below:
- To meet working capital requirements.
- For general corporate purposes.
Peer Details
As per DRHP, the listed peers whose business portfolio is comparable to the company are as follows:
- Shemaroo Entertainment Limited
- Eros International Media Limited
- Zee Entertainment Enterprises Limited
- Mukta Arts Limited
- Vels Film International Limited
How To Check the Baweja Studios Limited Allotment Status?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of Baweja Studios Limited IPO
- Registered office: Flat No. C/65, Ashirwad, 2nd Cross Lane, Lokhandwala Complex, Andheri, Mumbai - 400053.
- Phone: +91 22 3590 1403
- E-mail: cs@bawejastudios.com
IPO Financials
| Particulars | Year ending on March 31, 2023 (₹ lakh) | Year ending on March 31, 2022 (₹ lakh) | Year ending on March 31, 2021 (₹ lakh) |
|---|---|---|---|
| Revenue from Operations | 7,379.05 | 4,071.02 | 1,944.54 |
| Profit After Tax (PAT) | 796.91 | 275.94 | 764.60 |
| EBITDA | 902.06 | 421.86 | 1,158.73 |
| Total Borrowings | 142.38 | 266.86 | 179.60 |
| EPS (in ₹) | 7.83 | 2.82 | 7.82 |
Know before investing
Strengths
2-
The company’s technology-driven business model entails making the best use of their ability to assemble a successful team for their creative films, efficient marketing, management expertise in identifying scripts, acquiring new OTT platforms and online digital partners and customers, budgeting film production, and economies of scale.
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The company believes in a model, ‘low risk, high reward’. They collaborate with the strongest production houses and studios and work with the best platforms and distributors in the industry to mitigate their risks and exponentially grow their revenue.
Risks
2-
The company is dependent on its relationships with theatre operators and other industry participants to use its film content.
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The company’s revenues and profitability are directly linked to the utilisation and growth of its content library. Any failure to source content could adversely impact their profitability.
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Baweja Studios Limited IPO FAQs
Baweja Studios Limited is a fresh IPO of 54,00,000 shares. The price range of the IPO is ₹170 to ₹180 per share. The IPO will open on January 29, 2023.
The Basis of Allotment will happen on February 02, 2024.
The IPO subscription window will open on January 29, 2024.
The minimum lot size retail investors can subscribe to is 1 lot, and the lot size is 800 shares.
Baweja Studios Ltd IPO will be listed on the NSE Emerge on February 06, 2024.
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the IPO Section and then to IPO Orders
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange, which is February 06, 2024, for Baweja Studios Ltd.
The bank will only block the amount initially in your account. Under the new system, the money isn’t debited until the stocks are allotted to you.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
You can submit only one application using your PAN card.
