IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Baweja Studios Ltd

Registered Office : C-65 Ashirwad Lokhandwala,Complex Andheri (West),Mumbai Maharashtra 400053 Phone : +91 22 3590 1403
Fax :

Email : cs@bawejastudios.com

Website : www.bawejastudios.com

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

Issue

Opens On

Closes On

29-Jan-2024

01-Feb-2024

Money Payable On

Application

Allotment

180.00

0.00

Minimum Application for shares in Nos : 800.0 Further Multiples of : 800.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

64.80

97.20

18.43

180.00

Fedex Securities Pvt Ltd

Projects

To meet the working capital requirements

General corporate purposes

Promoted By

Harjaspal Singh Baweja

Paramjit Harjaspal Baweja

Harman Baweja

Listing At

NSE - SME

Registrar to the Issue

Skyline Financial Services Pvt