Thinking Hats Entertainment Solutions IPO Allotment Today – Here’s How to Check Your Status

The Thinking Hats Entertainment Solutions IPO, which closed last Friday, saw strong interest from investors. Now, applicants are eagerly awaiting the allotment date, expected to be today, September 30. The IPO was open for bidding from September 25 to September 27.

Today, the company will finalize how shares will be allotted. Eligible investors will see their shares credited to their demat accounts on October 1, while unsuccessful bidders will receive refunds on the same day.

As an SME IPO, Thinking Hats Entertainment Solutions shares will be listed on the NSE SME on October 3.

Investors can check their allotment status online through the NSE website or by visiting the official site of the IPO registrar, Mas Services. Here’s how to check your allotment status:

Steps to Check IPO Allotment Status:

1. Go to the IPO registrar’s website: Mas Services.
2. Click on “Thinking Hats Entertainment Solutions Limited Allotment Status.”
3. Choose either “Search on DP ID” or “PAN.”
4. Enter the required details based on your selection.

Your allotment status will then be displayed on the screen.

Thinking Hats Entertainment Solutions IPO GMP Today: The shares are currently trading at a strong premium in the grey market, with a Grey Market Premium (GMP) of ₹30 per share. This suggests that the shares are expected to list at around ₹74 each, a 68.18% premium over the issue price of ₹44.

IPO Details:

• The bidding period was from September 25 to September 27.
• The allotment date is today, and the listing date is October 3.
• The price band for the IPO was set between ₹42 and ₹44 per share, raising ₹15.09 crore entirely through a fresh issue of 34.29 lakh shares.
• The IPO was highly subscribed, with a total subscription of 322.19 times, including 347.64 times in the retail category, 67.67 times in Qualified Institutional Buyers (QIB), and 356.81 times in Non-Institutional Investors (NII).

The funds raised will be used for repaying loans, covering working capital needs, and for general corporate purposes. Horizon Financial Pvt Ltd is the lead manager for this IPO, while Mas Services is the registrar.