TechEra Engineering IPO vs Thinking Hats Entertainment Solutions IPO

Comparision between TechEra Engineering IPO and Thinking Hats Entertainment Solutions IPO.

IPO Details

TechEra Engineering IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Thinking Hats Entertainment Solutions IPO is a SME Book Built Issue proposed to list at NSE SME.

	TechEra Engineering IPO	Thinking Hats Entertainment Solutions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	SKI Capital Services Limited	Horizon Financial Pvt Ltd
Registrar	Kfin Technologies Limited	Mas Services Limited
Market Maker	SKI Capital Services Limited	Giriraj Stock Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of TechEra Engineering IPO is up to ₹35.90 Cr whereas the issue size of the Thinking Hats Entertainment Solutions IPO is up to ₹15.09 Cr. The final issue price of TechEra Engineering IPO is ₹82.00 per share and of Thinking Hats Entertainment Solutions IPO is ₹44.00 per share.

	TechEra Engineering IPO	Thinking Hats Entertainment Solutions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹75.00 per share	₹42.00 per share
Issue Price (Upper)	₹82.00 per share	₹44.00 per share
Issue Price (Final)	₹82.00 per share	₹44.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	3000 shares
Fresh Issue Size	43,77,600 shares	34,29,000 shares
Fresh Issue Size (Amount)	up to ₹35.90 Cr	up to ₹15.09 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	43,77,600 shares	34,29,000 shares
Issue Size Total (Amount)	up to ₹35.90 Cr	up to ₹15.09 Cr

IPO Timetable

TechEra Engineering IPO opens on Sep 25, 2024, while Thinking Hats Entertainment Solutions IPO opens on Sep 25, 2024. The closing date of TechEra Engineering IPO and Thinking Hats Entertainment Solutions IPO is Sep 27, 2024, and Sep 27, 2024, respectively.

	TechEra Engineering IPO	Thinking Hats Entertainment Solutions IPO
Anchor Bid Date	Sep 24, 2024
Issue Open	Sep 25, 2024	Sep 25, 2024
Issue Close	Sep 27, 2024	Sep 27, 2024
Basis Of Allotment (Tentative)	Sep 30, 2024	Sep 30, 2024
Initiation of Refunds (Tentative)	Oct 01, 2024	Oct 01, 2024
Credit of Share (Tentative)	Oct 01, 2024	Oct 01, 2024
Listing date (Tentative)	Oct 03, 2024	Oct 03, 2024
Anchor Lockin End date 1	Oct 30, 2024
Anchor Lockin End date 2	Dec 29, 2024

Financials

TechEra Engineering IPO P/E ratio is 20.65, as compared to Thinking Hats Entertainment Solutions IPO P/E ratio of 12.89.

TechEra Engineering IPO

Thinking Hats Entertainment Solutions IPO

Financial

TechEra Engineering LImited Financial Information (Restated)

TechEra Engineering LImited's revenue increased by 47% and profit after tax (PAT) rose by 270% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	37.24	39.21	21.36
Revenue	39.08	26.59	7.37
Profit After Tax	4.82	1.31	-6.29
Net Worth	15.9	11.08	9.78
Reserves and Surplus	3.76	-2.72	-4.02
Total Borrowing	14.3	13.77	8.87
Amount in ₹ Crore

Thinking Hats Entertainment Solutions Limited Financial Information (Restated)

Thinking Hats Entertainment Solutions Limited's revenue increased by 20% and profit after tax (PAT) rose by 54% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2,403.22	1,456.81	641.14
Revenue	2,670.1	2,227.8	1,245.2
Profit After Tax	309.16	200.79	37.21
Net Worth	1,099.86	573.26	372.47
Reserves and Surplus	1,012.28	497.01	296.22
Total Borrowing	543.46	413.65	29.22
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

57.48%

78.29%

Promoter Shareholding (Post-Issue)

P/E Ratio

20.65

12.89

Market Cap

₹135.47 Cr.

₹54.94 Cr.

ROE

30.33%%

28.11%%

ROCE

23..47%%

29.37%%

Debt/Equity

0.9

0.49

EPS

₹3.97

₹3.41

RoNW

30.33%%

28.11%%

Shares Offered

In the TechEra Engineering IPO retail investors (RII) are offered 14,56,000 shares while in Thinking Hats Entertainment Solutions IPO retail investors are offered 14,56,000 shares. Qualified institutional buyers (QIB) are offered 8,32,000 shares in TechEra Engineering IPO and 3,24,000 shares in Thinking Hats Entertainment Solutions IPO.

	TechEra Engineering IPO	Thinking Hats Entertainment Solutions IPO
Anchor Investor Reserveration	12,46,400 shares
Market Maker Reserveration	2,19,200 shares	1,80,000 shares
QIB	8,32,000 shares	3,24,000 shares
NII	6,24,000 shares	8,76,000 shares
RII	14,56,000 shares	20,49,000 shares
Employee	0 shares	0 shares
Others
Total	29,12,000 shares	32,49,000 shares

Bids Received (Subscription)

TechEra Engineering IPO subscribed 69.80x in total, whereas Thinking Hats Entertainment Solutions IPO subscribed 322.19x.

	TechEra Engineering IPO	Thinking Hats Entertainment Solutions IPO
QIB (times)	31.22x	67.67x
NII (times)	128.88x	356.81x
Big NII (times)
Small NII (times)
RII (times)	66.52x	347.64x
Employee (times)
Other (times)
Total (times)	69.80x	322.19x

Compare with others

TechEra Engineering IPO	Thinking Hats Entertainment Solutions IPO
Forge Auto International IPO	HVAX Technologies IPO
Sahasra Electronics Solutions IPO	Nexxus Petro Industries IPO
Saj Hotels IPO	Forge Auto International IPO
Thinking Hats Entertainment Solutions IPO	Sahasra Electronics Solutions IPO
Unilex Colours and Chemicals IPO	Saj Hotels IPO
Divyadhan Recycling Industries IPO	Unilex Colours and Chemicals IPO
Kalana Ispat IPO	TechEra Engineering IPO
Avi Ansh Textile IPO	Divyadhan Recycling Industries IPO
Rappid Valves (India) IPO	Kalana Ispat IPO
Phoenix Overseas IPO	Avi Ansh Textile IPO

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