The Baweja Studios IPO started on January 29, 2024, and ended on February 1, 2024. Shares were allocated on February 2, 2024, and refund processes began on February 5, 2024. On February 5, 2024, the shares were credited to investors demat accounts. Baweja Studios was officially listed on the stock exchange on February 6, 2024.
During the IPO, Baweja Studios offered shares at a price range of ₹170 to ₹180 per share, and the lot size was 800 shares. The total issue size was ₹97.20 crores, with ₹72.00 crores from new shares and ₹25.20 crores from shares for sale. The IPO was listed on the NSE SME.
Baweja Studios IPO Subscription Update Video
Baweja Studios IPO Subscription Status
The Baweja Studios IPO on February 1, 2024 was subscribed 2.62 times, with the retail category being subscribed 4.20 times, the NII (Non-Institutional Investor) category being subscribed 1.08 times, the QIB (Qualified-Institutional Buyers) category being subscribed 2.17 times.
| Category | Subscription |
| QIB | 2.17x |
| NII | 1.08x |
| Retail | 4.20x |
| Total | 2.62x |
Baweja Studios IPO Basic Details
| Company Name | Baweja Studios Limited |
| Domain of Company | Film Production Company |
| Baweja Studios IPO Open Date | January 29, 2024 |
| Baweja Studios IPO Close Date | February 1, 2024 |
| Baweja Studios IPO Allotment Date | February 2, 2024 |
| Baweja Studios IPO Listing Date | February 6, 2024 |
| Face Value | ₹10 per share |
| Price | ₹170 to ₹180 per share |
| Lot Size | 800 Shares |
| Issue Size | 5,400,000 shares of ₹10 (aggregating up to ₹97.20 Cr) |
| Fresh Issue | 4,000,000 shares of ₹10 (aggregating up to ₹72.00 Cr) |
| Offer for Sale | 1,400,000 shares of ₹10 (aggregating up to ₹25.20 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Harjaspal Singh Baweja, Paramjit Harjaspal Baweja, Harman Baweja and Rowena Baweja |
About Baweja Studios Limited
Founded on March 16, 2001, Baweja Studios Limited is a film production company that creates Hindi and Punjabi movies like Chaar Sahibzaade, Love Story 2050, Qayamat, and Bhaukaal. They also engage in trading movie rights, buying from producers and selling to exhibitors and streaming platforms.
As of June 2023, the company has completed 22 projects, with 6 films in production and 7 in pre-production.
Baweja Studios is a creative hub dedicated to producing technology-driven commercial films. Their aim is to redefine storytelling by integrating the latest technological advancements. Their process involves researching and developing scripts, handling end-to-end content production, generating intellectual property, and capitalizing on rights.
The company has expanded its reach into digital films, web series, animation films, Punjabi films, advertisement films, and music videos.
As of June 22, 2023, Baweja Studios employs a team of 16 full-time staff across different departments, all contributing to the company’s creative endeavors.
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Baweja Studios IPO FAQs
What is the start and end date of Baweja Studios IPO Subscription?
The Baweja Studios IPO started on January 29, 2024 and ended on February 1, 2024.
When does Baweja Studios IPO Subscription open?
The Baweja Studios IPO open on January 29, 2024.
When does Baweja Studios IPO Subscription close?
The Baweja Studios IPO Close on February 1, 2024.
What is the allotment date of Baweja Studios IPO?
The allotment date for Baweja Studios IPO is February 2, 2024.
When is the initial refund date of Baweja Studios IPO?
The initial Refund date for Baweja Studios IPO is February 5, 2024.
When were the shares credited to investors demat accounts for the Baweja Studios IPO?
The shares for the Baweja Studios IPO were credited to investors demat accounts on February 5, 2024.
When will Baweja Studios IPO be listed on the stock market?
Baweja Studios IPO stock market will be listed on February 6, 2024 at 10 am.
What was the price range of the Baweja Studios IPO shares?
The Baweja Studios IPO shares were offered at a price range of ₹170 to ₹180 per share.
What was the lot size for the Baweja Studios IPO shares?
The lot size for the Baweja Studios IPO shares was 800 shares.
What was the total issue size of the Baweja Studios IPO?
The total issue size of the Baweja Studios IPO was ₹97.20 crores.
On which stock exchanges was the Baweja Studios IPO listed?
The Baweja Studios IPO was listed on the NSE SME.
What is the Baweja Studios IPO Subscription Status?
Baweja Studios IPO is subscribed 2.62 Times.
