Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Touchwood Entertainment IPO is a fixed price issue of ₹4.21 crores. The issue is entirely a fresh issue of 0.11 crore shares of ₹4.21 crore.
Touchwood Entertainment IPO bidding started from Dec 11, 2017 and ended on Dec 13, 2017. The shares got listed on NSE SME on Dec 21, 2017.
Touchwood Entertainment IPO price is ₹40.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,40,000.
Corporate Capitalventures Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Choice Equity Broking Pvt.Ltd..
Refer to Touchwood Entertainment IPO RHP for detailed Information.
| IPO Date | December 11, 2017 to December 13, 2017 |
| Listing Date | December 21, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 10,53,000 shares (aggregating up to ₹4.21 Cr) |
| Reserved for Market Maker | 54,000 shares Choice Equity Broking Pvt.Ltd. (aggregating up to ₹0.2160 Cr) |
| Net Offered to Public | 9,99,000 shares (aggregating up to ₹4.00 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 30,19,498 shares |
| Share Holding Post Issue | 40,72,498 shares |
Touchwood Entertainment IPO offers total 10,53,000 shares. Out of which 4,98,000 (47.29%) allocated to NII, 5,01,000 (47.58%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 54,000 (5.13%) |
| NII (HNI) Shares Offered | 4,98,000 (47.29%) |
| Retail Shares Offered | 5,01,000 (47.58%) |
| Total Shares Offered | 10,53,000 (100.00%) |
Touchwood Entertainment IPO opens on December 11, 2017, and closes on December 13, 2017.
| IPO Open Date | Mon, Dec 11, 2017 |
| IPO Close Date | Wed, Dec 13, 2017 |
| Tentative Listing Date | Thu, Dec 21, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Dec 13, 2017 |
Investors can bid for a minimum of 3,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,20,000 |
| Retail (Max) | 1 | 3,000 | ₹1,20,000 |
| HNI (Min) | 2 | 6,000 | ₹2,40,000 |
Incorporated in 1997, Touchwood Entertainment Limited is Delhi based Events Management Company. Touchwood services include event planning, marketing, production and legal services for the events. Company mainly assist with all the planning, facilitating, negotiating, and handling of various aspects of wedding planning.
The services offered by company include:
1. Mega Ground Concerts
2. Private Social Events
3. Wedding Planning and Wedding Decor
4. Political Activation
5. Artist Management
6. Destination Wedding
Company handles all possible aspects of an event and caters to varying entertainment and promotional needs.
The Company Touchwood Entertainment IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Capital Expenditures for Business Expansion | 1.90 |
| 2 | General Corporate Purpose | 0.97 |
| 3 | Repayment of Loans | 0.85 |
| 4 | Issue Expenses | 0.49 |
[Dilip Davda] There is no harm is giving this aggressively priced issue a miss. (Avoid). Read detail review...
| Listing Date | December 21, 2017 |
| BSE Script Code | |
| NSE Symbol | TOUCHWOOD |
| ISIN | INE486Y01013 |
| Final Issue Price | ₹40 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹43.50 |
| Low | ₹43.50 |
| High | ₹48.00 |
| Last Trade | ₹48.00 |
Touchwood Entertainment Ltd.
11A, 2nd & 3rd Floor, Aruna Asaf Ali Road,
Opp. Fortis Hospital, Kishan Garh,
Vasant Kunj,
Delhi, New Delhi, 110070
Phone: 011-41326666/67/68/69
Email: cs@touchwood.in
Website: http://www.touchwood.in
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: virenr@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Touchwood Entertainment IPO is a SME IPO of 10,53,000 equity shares of the face value of ₹10 aggregating up to ₹4.21 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on December 11, 2017, and closes on December 13, 2017.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Touchwood Entertainment IPO using UPI as a payment gateway. Zerodha customers can apply in Touchwood Entertainment IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Touchwood Entertainment IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Touchwood Entertainment IPO opens on December 11, 2017 and closes on December 13, 2017.
Touchwood Entertainment IPO lot size is 3000, and the minimum amount required for application is ₹1,20,000.
You can apply in Touchwood Entertainment IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Touchwood Entertainment IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Touchwood Entertainment IPO allotment status.
The Touchwood Entertainment IPO listing date is on Thursday, December 21, 2017.
Useful Articles
RHP