Fixed Price IPO | ₹4 Cr | Listed at NSE SME | Mon, Dec 11, 2017 - Wed, Dec 13, 2017
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Mon, Dec 11, 2017
IPO Close
Wed, Dec 13, 2017
Issue Price
₹40 per share
Market Cap (Pre-IPO)
₹16.29 Cr
| IPO Date | 11 to 13 Dec, 2017 |
| Listed on | Thu, Dec 21, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 10,53,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 54,000 shares Choice Equity Broking Pvt.Ltd. (agg. up to ₹0.2160 Cr) |
| Fresh Issue (Ex Market Maker) | 9,99,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 9,99,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 30,19,498 shares |
| Share Holding Post Issue | 40,72,498 shares |
| NSE Symbol | TOUCHWOOD |
| ISIN | INE486Y01013 |
Touchwood Entertainment IPO comprises a total issue size of 10,53,000 shares. The net offer to the public is 9,99,000 shares, after excluding 54,000 shares allotted on a firm basis. Of the Net offer 4,98,000 (49.85%) allocated to NII 5,01,000 (50.15%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 4,98,000 | 49.85% | 47.29% |
| Retail Shares Offered | 5,01,000 | 50.15% | 47.58% |
| Firm Reservations | |||
| Market Maker Shares Offered | 54,000 | 5.13% | |
| Total Shares Offered | 10,53,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| 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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
The Touchwood Entertainment IPO is subscribed [.] times on December 13, 2017 5:00:00 PM (Day 3). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | [.] | 5,26,500 | 21,99,000 |
| Retail | [.] | 5,26,500 | 28,71,000 |
| Total | [.] | 10,53,000 | 50,70,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Bankers etc. | 0.36 |
| 2 | Regulatory Fees & Other Expenses | 0.04 |
| 3 | Marketing expenses including Selling Commission & Brokerage | 0.10 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹43.50 |
| Low | ₹43.50 |
| High | ₹48.00 |
| Last Trade | ₹48.00 |
Lead Manager Reports
Touchwood Entertainment IPO is a SME IPO of 10,53,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on Mon, Dec 11, 2017, and closes on Wed, Dec 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 Mon, Dec 11, 2017 and closes on Wed, Dec 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 Thu, Dec 21, 2017.
