Baweja Studios IPO
The initial public offering (IPO) of Baweja Studios will open for subscription on January 29 and close on February 01, it comprised a fresh & offer for sale issue (OFS) of Rs. 97.20 crore. An investor can apply for the issue for a minimum of 800 shares and the listing will happen on February 06, 2024.
#1. Quick Intro to Baweja Studios
Baweja Studios Limited (2001) is a technology-based content production house specializing in all formats of commercial films, including Research and development of scripts, end-to-end production of content, etc.
Love Story 2050, Qayamat, Bhaukaal, Chaar Sahibzaade are some of the popular films of the company. As of now, the company has produced over 22 projects 6 films under production and another 7 under pre-production stages.
Harjaspal Singh Baweja commonly known as Harry Baweja, is one of the promoters of the company and has had a long production journey since 1994.
Check out the IPO allotment status on IPO Deliver.
#2. IPO Object of Baweja Studios
The company intends to use the IPO Funds for the following purposes:
- To meet the working capital requirement.
- General corporate purposes.
#3. Baweja Studios Core Strengths
- Leveraging the experience of promoters & Qualified senior management team.
- Long-standing relationships in the Industry.
- Quality assurance and standards.
- Diverse and growing content library.
- Scalable business model.
- Distribution and co-production model.
#4. Baweja Studios IPO Review & Rating
| Issue Size | Rs.97.20 Crore |
| Issue Price | Rs.170 to Rs.180 per share |
| Minimum Lot Size | 800 Shares |
| Total Profit (March 2023) | Rs.796.91 (lakhs) |
| ROE | 40.12% |
| ROCE | 52.55% |
| Listing on | NSE SME |
| IPO Deliver Rating | Three |
#5. Baweja Studios IPO Dates, Price Band & Details
Baweja Studios IPO will open on January 29, 2024, and close on February 01, 2024. The IPO is to be listed on February 06, 2024.
| Type of issue | Book Built Issue IPO |
| Issue Size | Rs.97.20 Crore |
| Price Brand | Rs.170 to Rs.180 per share |
| Face Value | Rs. 10/- per share |
| IPO Open Date | January 29, 2024 |
| IPO Close Date | February 01, 2024 |
| IPO Allotment Date | February 02, 2024 |
| Refund Date | February 05, 2024 |
| Share Credit Date | February 05, 2024 |
| Listing Date | February 06, 2024 |
#6. Baweja Studios IPO Offer Details
Baweja Studios IPO’s total issue size is 5,400,000 shares, comprising the below-mentioned categories.
| Offer Category | Shares Offer | Amount (Crore) |
| Fresh Issue | 40,00,000 | 72.00 |
| Offer for Sale (OFS) | 14,00,000 | 25.20 |
#7. Baweja Studios Financials Overview (Lakhs)
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category (Rs.) | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| Total Revenue | 7,379.05 | 4,071.02 | 1,944.54 |
| Net Worth | 1,986.28 | 724.07 | 448.13 |
| Profit | 796.91 | 275.94 | 764.60 |
| Total Borrowings | 142.38 | 266.86 | 179.60 |
#8. Baweja Studios Quantitative Factors
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| EPS (Rs.) | 7.83 | 2.82 | 7.82 |
| RoNW (%) | 40.12 | 38.11 | 170.62 |
| NAV (Rs.) | 19.51 | 7.41 | 4.59 |
#9. Baweja Studios Comparison with Other Peer Companies (Top 2)
Listed companies in India are comparable in all aspects of the business.
| Company Names | Total Revenue
(Rs. in Lakhs)) |
RoNW (%) | NAV (Rs.) |
| Shemaroo Entertainment | 55,660.70 | 1.59 | 216.11 |
| Eros International Media | 68,063 | (11.34) | 107.16 |
#10. Baweja Studios Company Promoters
The company has four promoters as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP).
| Sr. No. | Name of Promoters |
| 01. | Harjaspal Singh Baweja |
| 02. | Paramjit Harjaspal Baweja |
| 03. | Harman Baweja |
| 04. | Rowena Baweja |
#11. Baweja Studios Pre-offer and Post-Offer Promoters Shareholding
| Promoters Holding | Percentage (%) |
| Pre-issue | 99.99 |
| Post-issue | – |
#12. Baweja Studios IPO Reservation Details
Baweja Studios IPO total reservation shares are distributed between the below-mentioned categories.
| Category | Share Offered |
| Retail Share Offered | Not less than 42% of the issue size |
| QIB Shares Offered | Not more than 11% of the issue size |
| NII (HNI) Shares Offered | Not less than 42% of the issue size |
#13. Baweja Studios IPO – Lot Size
An investor can apply for a minimum of 800 Shares in multiple thereof. Market lot sizes for the retail individual investors and non-institutional investor (NII)/ HNI investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
| Retail (Min.) | 1 | 800 | 1,44,000 |
| Retail (Max.) | 1 | 800 | 1,44,000 |
| HNI (Min.) | 2 | 1,600 | 2,88,000 |
| HNI (Max.) | – | – | – |
#14. Baweja Studios IPO – Prospectus Copy
An investor can download/view the Baweja Studios prospectus copy, which the company filed to exchange, details are as follows.
| Baweja Studios IPO Prospectus |
| Draft Red Herring Prospectus (DRHP) |
| Red Herring Prospectus (RHP) |
#15. Baweja Studios IPO Registrar
Skyline Financial Services Private Limited
Phone No.: 011-40450193-97
E-Mail: ipo@skylinerta.com
Website: www.skylinerta.com
#16. Baweja Studios IPO Lead Manager
Fedex Securities Private Limited
Phone No.: +91-81049 85249
E-Mail: mb@fedsec.in
Website: www.fedsec.in
#17. Baweja Studios IPO Application (How to Apply for an IPO)
There are three primary options for applying for a Baweja Studios IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Baweja Studios Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Baweja Studios Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your account or refunded if no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your bank account or refunded if no allotment is made to you.
#18. Baweja Studios Company Details
Baweja Studios Limited
Registered Office: Flat No C/65, Ashirwad, 2nd Cross Lane, Lokhandwala Complex, Andheri, Mumbai-400053.
Phone No: +91-22-35901403
Email: cs@bawejastudios.com
Website: www.bawejastudios.com
Investor Grievances/Compliance Officer: Nidhi Gajera
#19. Baweja Studios Subsidiary Companies (Top 2)
| Sr.No. | Name of Companies (Indian) |
| 01. | – |
| 02. | – |
#20. Baweja Studios Company Board (Top 2)
| Sr. No. | Name of Directors |
| 01. | Harman Baweja |
| 02. | Paramjit Harjaspal Baweja |
Baweja Studios IPO – Frequently Asked Questions (FAQs)
| #1. What is a Baweja Studios IPO?
Baweja Studios brings its IPO of Rs. 97.20 Crore, on January 29, 2024, with a price band of Rs.170 to Rs.180 per share. |
| #2. What is the Baweja Studios IPO Open date?
Baweja Studios IPO’s opening date is January 29, 2024. |
| #3. What is the Baweja Studios IPO Close Date?
Baweja Studios IPO’s closing date is February 01, 2024. |
| #4. What is the Baweja Studios IPO Listing date?
Baweja Studios’s IPO listing date is February 06, 2024. |
| #5. What is the Baweja Studios IPO Minimum investment amount?
Baweja Studios IPO’s minimum investment amount is Rs. 1,44,000. |
| #6. What is the Baweja Studios IPO offer issue Size?
Baweja Studios offers an issue size of Rs. 97.20 Crore. |
| #7. What is the Baweja Studios IPO Price Band?
Baweja Studios’s IPO price band is Rs.170 to Rs.180 per share. |
| #8. Is Baweja Studios IPO mainboard IPO or SME IPO?
Baweja Studios IPO is an SME IPO. |
hi!,I love your writing very a lot! percentage we communicate more approximately your post on AOL? I require an expert in this area to resolve my problem. Maybe that is you! Taking a look ahead to see you.
But wanna input on few general things, The website design and style is perfect, the content is very great : D.
Great job site admin! You have made it look so easy talking about that topic, providing your readers some vital information. I would love to see more helpful articles like this, so please keep posting! I also have great posts about Cosmetics, check out my weblog at QN6
Saved as a favorite, I really like your blog!
Howdy very cool site!! Man .. Beautiful .. Wonderful .. I will bookmark your site and take the feeds additionally…I’m glad to seek out a lot of useful info right here within the publish, we need develop more techniques in this regard, thanks for sharing. . . . . .
Very wonderful visual appeal on this site, I’d value it 10 10.
Aw, this was a very nice post. In concept I wish to put in writing like this additionally – taking time and precise effort to make an excellent article… however what can I say… I procrastinate alot and not at all appear to get something done.