Baweja Studios Limited IPO : Key Information

Baweja Studios Limited IPO is set to launch on 29 January, 2023. The company initiated its business operations in the year 2001. It works as a production company, which works with Hindi and Punjabi Films. The company also does business in trading movie rights. The rights of the movie are purchased by the company and sold to streaming platforms and exhibitors. Baweja Studios Limited has completed 22 projects till date with 7 films in pre-production and 6 into production. It has diversified its business into various segments such as web series, digital films, Punjabi films, animation films, music videos and advertisement films. It employs 16 people.

Baweja Studios Limited IPO DETAILS

Baweja Studios Limited IPO is set to launch on 29 January, 2023. The subscription timeline extends till 1 February, 2023. The size for the IPO is 97.20 Crore Rs. Shares issued through fresh issue mode are worth Rs 72 Crore. Shares issued through offer for sale mode 25.20 Crore Rs. The lot size is 800 shares and the price is 170 Rs to 180 Rs per share. The company is going to get listed at NSE SME. The face value per share is Rs.10 and this is a Book Built Issue. The registrar for the company is Skyline Financial Services Private Limited.

Tabular Description of Baweja Studios Limited IPO

IPO OPENING DATE	29 January, 2023
CLOSING DATE FOR IPO	1 February, 2023
ISSUE TYPE	Book Built Issue
Face Value per share	10 Rs. per share
IPO price band	170 Rs to 180 Rs per share
LOT SIZE	800 shares
MINIMUM ORDER QUANTITY	800 shares
ISSUE SIZE	97.20 Crore Rs.
OFFER FOR SALE	72 Crore Rs.
FRESH ISSUE	25.20 Crore Rs.
LISTING AT	NSE SME
LISTING DATE	6 February, 2023

Baweja Studios Limited IPO : IMPORTANT DATES

IPO OPENING DATE	29 January, 2023
CLOSING DATE FOR IPO	1 February, 2023
IPO ALLOTMENT DATE	2 February, 2023
REFUNDS	5 February, 2023
DEMAT A/C CREDITED ON	5 February, 2023
IPO LISTING DATE	6 February, 2023

Baweja Studios Limited IPO begins for subscription from 29 January 2023. The IPO subscription would continue till 1 February, 2023. The allotment status for the shareholders who applied would come on 2 February, 2023. The refunds for the ones who did not get allotment would be initiated on 5 February, 2023. The DEMAT accounts of shareholders would be credited on 5 February, 2023. The listing of the company would be completed on 6 February, 2023.

Baweja Studios Limited IPO : Lead Managers

The lead managers are :

• Fedex Securities Private Limited

The minimum lot size for the company is decided at 800 shares. This holding accounts to 144000 Rs.. The maximum lot size is decided at 1600 shares (HNI). This amounts to 288000 Rs.. Hence the company’s final holdings would be set as :

	Shares	Amount
Minimum	800 shares	144000 Rs.
Maximum	1600 shares	288000 Rs.

OBJECTIVES FOR THE IPO

• IPO proceeds would be used for general corporate purposes.
• The company will use the IPO money for further working capital requirements.

COMPANY FINANCIALS

Particularly (in Lakh Rs.)	2020-21	2021-22	2022-23
Asset	3223	3056	4489
Revenue	1954	4096	7628
PAT	764	275	796

Baweja Studios Limited had an asset base of 3223 Lakh rs in 2021 which decreased to 3056 in the next year. Again in the year 2023 the asset base of the company increased to 4489 lakh Rs. The revenue of the firm was 1954 Lakh Rs in 2021 which increased to 4096 Lakh Rs in 2022. The revenue of the company increased to 7628 Lakh Rs in 2023. The profit of the company was 764 Lakh Rs in 2021. This decreased to 275 Lakh Rs in 2022. However in 2023 the profit again came back to 796 Lakh Rs.

PROS

• The company also does business in trading movie rights. The rights of the movie are purchased by the company and sold to streaming platforms and exhibitors.
• Baweja Studios Limited has completed 22 projects till date with 7 films in pre-production and 6 into production.
• It has diversified its business into various segments such as web series, digital films, Punjabi films, animation films, music videos and advertisement films.
• It employs 16 people.

Baweja Studios Limited IPO Application Process with Zerodha

It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :

1. Logging into Zerodha console through its website or KITE platform. Clicking the IPO section present in the ORDER tab.
2. Click the Baweja Studios Limited IPO button and press the BID button.
3. Entering the details asked for like UPI ID, Quantity and price.
4. Submit the application form for the IPO.
5. Visiting the application of UPI for approving the transaction.

Now, applying for an IPO online is possible with most of the Discount and online brokers.