Avi Ansh Textile IPO vs Thinking Hats Entertainment Solutions IPO

Comparision between Avi Ansh Textile IPO and Thinking Hats Entertainment Solutions IPO.

IPO Details

Avi Ansh Textile 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.

	Avi Ansh Textile IPO	Thinking Hats Entertainment Solutions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	3Dimension Capital Services Limited	Horizon Financial Pvt Ltd
Registrar	Skyline Financial Services Private Ltd	Mas Services Limited
Market Maker	Nikunj Stock Brokers Limited	Giriraj Stock Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Avi Ansh Textile IPO is up to ₹25.99 Cr whereas the issue size of the Thinking Hats Entertainment Solutions IPO is up to ₹15.09 Cr. The final issue price of Avi Ansh Textile IPO is ₹62.00 per share and of Thinking Hats Entertainment Solutions IPO is ₹44.00 per share.

	Avi Ansh Textile IPO	Thinking Hats Entertainment Solutions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹42.00 per share
Issue Price (Upper)		₹44.00 per share
Issue Price (Final)	₹62.00 per share	₹44.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	41,92,000 shares	34,29,000 shares
Fresh Issue Size (Amount)	up to ₹25.99 Cr	up to ₹15.09 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	41,92,000 shares	34,29,000 shares
Issue Size Total (Amount)	up to ₹25.99 Cr	up to ₹15.09 Cr

IPO Timetable

Avi Ansh Textile IPO opens on Sep 20, 2024, while Thinking Hats Entertainment Solutions IPO opens on Sep 25, 2024. The closing date of Avi Ansh Textile IPO and Thinking Hats Entertainment Solutions IPO is Sep 24, 2024, and Sep 27, 2024, respectively.

	Avi Ansh Textile IPO	Thinking Hats Entertainment Solutions IPO
Anchor Bid Date
Issue Open	Sep 20, 2024	Sep 25, 2024
Issue Close	Sep 24, 2024	Sep 27, 2024
Basis Of Allotment (Tentative)	Sep 25, 2024	Sep 30, 2024
Initiation of Refunds (Tentative)	Sep 26, 2024	Oct 01, 2024
Credit of Share (Tentative)	Sep 26, 2024	Oct 01, 2024
Listing date (Tentative)	Sep 27, 2024	Oct 03, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Avi Ansh Textile IPO P/E ratio is 18.31, as compared to Thinking Hats Entertainment Solutions IPO P/E ratio of 12.89.

Avi Ansh Textile IPO

Thinking Hats Entertainment Solutions IPO

Financial

Avi Ansh Textile Limited Financial Information (Restated)

Avi Ansh Textile Limited's revenue increased by 17% and profit after tax (PAT) rose by 1053% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,522.64	4,692.35	4,336.85	4,694.81
Revenue	14,214.65	12,149.57	12,016.76	7,264.3
Profit After Tax	331.35	28.74	155.55	68.2
Net Worth	1,587.22	1,256.74	1,229.62	1,076.34
Reserves and Surplus	608.73	278.25	251.13	97.85
Total Borrowing	4,481.21	3,193.46	2,659.87	3,375.46
Amount in ₹ Lakhs

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)

95.67%

78.29%

Promoter Shareholding (Post-Issue)

66.98%

P/E Ratio

18.31

12.89

Market Cap

₹86.67 Cr.

₹54.94 Cr.

ROE

20.88%%

28.11%%

ROCE

15.88%%

29.37%%

Debt/Equity

2.82

0.49

EPS

₹3.39

₹3.41

RoNW

20.88%%

28.11%%

Shares Offered

In the Avi Ansh Textile IPO retail investors (RII) are offered 19,89,835 shares while in Thinking Hats Entertainment Solutions IPO retail investors are offered 19,89,835 shares. Qualified institutional buyers (QIB) are offered 0 shares in Avi Ansh Textile IPO and 3,24,000 shares in Thinking Hats Entertainment Solutions IPO.

	Avi Ansh Textile IPO	Thinking Hats Entertainment Solutions IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,12,000 shares	1,80,000 shares
QIB	0 shares	3,24,000 shares
NII	19,91,706 shares	8,76,000 shares
RII	19,89,835 shares	20,49,000 shares
Employee	0 shares	0 shares
Others
Total	39,81,542 shares	32,49,000 shares

Bids Received (Subscription)

Avi Ansh Textile IPO subscribed 8.32x in total, whereas Thinking Hats Entertainment Solutions IPO subscribed 90.94x.

	Avi Ansh Textile IPO	Thinking Hats Entertainment Solutions IPO
QIB (times)		20.07x
NII (times)	5.25x	47.59x
Big NII (times)
Small NII (times)
RII (times)	11.38x	120.68x
Employee (times)
Other (times)
Total (times)	8.32x	90.94x

Compare with others

Avi Ansh Textile IPO	Thinking Hats Entertainment Solutions IPO
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BikeWo GreenTech IPO	Avi Ansh Textile IPO

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