Thinking Hats IPO GMP : The SME IPO market is witnessing a boom with each passing day. In the last few months, many SME IPOs have received a great response. Another name added to this list is Thinking Hats Entertainment Solutions Limited. The IPO of Rs 15.09 crore has received applications worth Rs 3408 crore till around 3 pm on Friday, the last day of the issue. Its IPO has been subscribed 238.42 times.

What is the price band in IPO (Thinking Hats IPO Price Band)

Its IPO opened on September 25 and is going to close today on September 27. The price band of the shares in its IPO is Rs 42-44.

What is the lot size (Thinking Hats IPO Lot Size)

The lot size is 3000 shares. That means you can apply for a minimum of 3000 shares and then multiples of the same.

How much did the gray-market premium reach (Thinking Hats IPO GMP)

According to IPO Watch, the GMP of Thinking Hats Entertainment has reached Rs 30. That is, if the final price of the shares in its IPO is fixed at Rs 44, then on listing, it can get more than 68 percent return based on the current GMP.

What is the business of the company?

Starting in 2013, Thinking Hats Entertainment is engaged in event production and OTT content creation. It has created shows for Netflix, Amazon and Disney+Hotstar, including "Kathmandu Connection 2". Its clients include Tata Group, McDonald's and Uber.

Disclaimer: Here information about an IPO is given and not investment advice. There is risk in the equity market, so invest at your own risk. Do take expert advice before investing.