Baweja Studios IPO will open for subscription from 29 January 2024. The company aims for an issue size of ₹97.20 Cr through this IPO.
Company Overview
| Full name | Baweja Studios Limited |
| Sector | Media & Entertainment |
| Industry | Film Production, Distribution & Entertainment |
| Company Website | https://www.bawejastudios.com/ |
About Company
Baweja Studios is involved in the trade of movie rights, acquiring rights from producers and trading them to exhibitors or streaming platforms. The company has expanded its portfolio to include digital films, web series, animation films, Punjabi films, advertisement films, and music videos. Baweja Studios has been consistently expanding its presence in the realm of motion picture production since its establishment. As of 22 June 2023, the company has completed 22 projects, with 6 films currently in production and an additional 7 in the pre-production stages. Furthermore, the company is actively involved in various other projects that are currently in the research and development stage.
In addition to the primary goal of film production, the secondary objective is to enhance the intellectual property of the films through diverse derivatives. These may include remakes, sequels, and/or prequels (like Chaar Sahibzaade: 2), foreign language productions, stage plays, web series, television productions, documentaries, electronic books (currently in production), comic books, print publications, games (Super V), merchandising, adaptations in various formats across different modes and media, spin-offs, and more. As of 22 June 2023, Baweja Studios boasts a total workforce of 16 full-time employees spread across various departments.
The Objectives of the Issue
- To meet the working capital requirements;
- General corporate purposes
Baweja Studios IPO Timetable
| IPO Opening date | 29 January 2024 |
| IPO Closing | 01 February 2024 |
| Basis of Allotment | 02 February 2024 |
| Initiation Refund | 05 February 2024 |
| Credit to Demat Account | 05 February 2024 |
| Listing Date | 06 February 2024 |
Baweja Studios IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹97.20 Cr – 5,400,000 shares |
| Fresh Issue | ₹72.00 Cr – 4,000,000 shares |
| Offer for sale | ₹25.20 Cr – 1,400,000 shares |
| Face value | ₹10 per share |
| Price Band | ₹170 to ₹180 per share |
| Lot size | 800 Shares |
| Market Maker portion | 288,000 shares |
| Shareholding pre-issue | 14,427,001 |
| Shareholding post-issue | 18,427,001 |
| Listing Exchange | NSE SME |
Baweja Studios IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹144,000 |
| Retail (Max) | 1 | 800 | ₹144,000 |
| HNI (Min) | 2 | 1,600 | ₹288,000 |
Baweja Studios IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 326,400 (6.04%) |
| Market Maker Shares Offered | 288,000 (5.33%) |
| QIB Shares Offered | 217,600 (4.03%) |
| NII (HNI) Shares Offered | 2,284,000 (42.30%) |
| Retail Shares Offered | 2,284,000 (42.30%) |
| Total Shares Offered | 5,400,000 (100%) |
Baweja Studios Financial Performance
| FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 | |
| Revenue | 19.45 | 40.71 | 73.79 | 38.66 |
| Expenses | 7.96 | 36.88 | 65.59 | 33.09 |
| Net income | 7.65 | 2.76 | 7.97 | 4.35 |
Baweja Studios 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 |
Company Promoters
- Harjaspal Singh Baweja
- Paramjit Harjaspal Baweja
- Harman Baweja
- Rowena Baweja.
Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | – |
Baweja Studios Lead Manager(s)
FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email: mb@fedsec.in
Website: www.fedsec.in
Baweja Studios Registrar
SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91- 11-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com
Baweja Studios Contact Details
BAWEJA STUDIOS LIMITED
C-65, Aashirwad, Lokhandwala Complex,
Andheri (West) Mumbai City – 400053, Maharashtra
Phone: +91 22 3590 1403
E-mail: cs@bawejastudios.com
Website: www.bawejastudios.com
Baweja Studios IPO Allotment Status
Baweja Studios IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
Final thoughts
Baweja Studios IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
