Business Standard

Baweja Studios Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

97.20 cr

Price Range (₹)

180

Lot Size

800

Min Investment (₹)

1,44,000.00

Listing Exchange

NSE - SME

Open Date

29-Jan-2024

Close Date

01-Feb-2024

Listing Date

06-Feb-2024

Baweja Studios Ltd News

    The Shares of Baweja Studios Ltd have now been listed.

    Baweja Studios Ltd IPO Details

    Initial public offer of upto 54,00,000* equity shares of face value of Rs. 10/- each (Equity Shares) of Baweja Studios Limited (The Company or the Issuer) for cash at a price of Rs. 180 per equity share (the Offer Price), (including a premium of Rs. 170 per equity share), aggregating upto Rs. 97.20 crores (The Offer), comprising a fresh offer of up to 40,00,000 equity shares aggregating up to Rs. 72.00 crores (the Fresh Issue) and an offer for sale of up to 14,00,000 equity shares by Harjaspal Singh Baweja aggregating up to Rs. 25.20 crores (Offered Shares) (Offer for Sale), and together with the fresh issue, the Offer). The 2,88,000 equity shares of face value of Rs. 10/- for cash at a price of Rs. 180 each aggregating Rs. 5.18 crores will be reserved for subscription by market maker to the offer (the Market Maker Reservation Portion). The offer less market maker reservation portion i.e. offer of 51,12,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 180 per equity share, aggregating to Rs. 92.02 crores is here in after referred to as the Net Offer. The offer and the net offer will constitute 29.30 % and 27.74 % respectively of the post offer paid up equity share capital of the company. *Subject to finalisation of basis of allotment

    Objective of issue

    To meet the working capital requirements. General corporate purposes.

    Baweja Studios Ltd Contact Details

    Baweja Studios Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

    Phone - 91-11-26812682

    Fax - 91-11-30857562

    Email - cs@bawejastudios.com

    Website - www.bawejastudios.com