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IPO

IPO Synopsis
Baweja Studios Ltd
Registered Office: C-65 Ashirwad Lokhandwala,Complex Andheri (West) , Mumbai - 400053 , Maharashtra , India.
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 Money Payable On
Opens On Closes On Application Allotment
29-Jan-24 01-Feb-24 Rs180.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :800

  Rs Cr Lead Managers to the Issue
Project Cost 64.80
Fedex Securities Pvt Ltd
Project Financed through Current Offer 97.20  
Post Issue Equity Share Capital 18.43  
Issue Price Rs180.00  
 
Projects
To meet the working capital requirementsGeneral corporate purposes
Promoted By
Harjaspal Singh Baweja
Paramjit Harjaspal Baweja
Harman Baweja
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt