Thinkink Picturez Ltd Rights Issue (Thinkink Picturez Rights Issue 2024) Detail

₹48.89 Crores | Listing at BSE | Mon, Nov 4, 2024 - Fri, Nov 22, 2024

Thinkink Picturez Ltd Logo

Thinkink Picturez Ltd Rights Issue comprises 32.59 Cr equity shares aggregating to ₹48.89 Cr, offered at an issue price of ₹1.5 per share with a face value of ₹1 per share.

The record date for determining eligible shareholder is Oct 18, 2024, with the Rights Issue being offered in the entitlement ratio of 11 : 5.

The term of payment is defined as following : The entire amount of the Issue Price of Rs 1.50 per Rights Equity Share shall be payable at the time of Application.

The Rights Entitlements are expected to be credited to eligible demat accounts on Nov 29, 2024.

The Rights Issue opens on Nov 4, 2024, and closes on Nov 22, 2024, with renunciation of Rights Entitlements permitted up to Nov 18, 2024.

The deemed date of allotment is Nov 29, 2024, following which the equity shares are expected to be credited to demat accounts on Dec 5, 2024 and listed at the BSE on Dec 3, 2024.

Skyline Financial Services Pvt.Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Thinkink Picturez Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Fri, Oct 18, 2024

Entitlement Ratio

11 : 5

Open Date

Mon, Nov 4, 2024

Close Date

Fri, Nov 22, 2024

Rights Issue Details

Rights Issue Timetable

Thinkink Picturez Ltd Financial Information (Restated)

Thinkink Picturez Ltd's revenue decreased by -59% and profit after tax (PAT) dropped by -44% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 2023
Assets128.6291.96
Revenue10.5225.6
Profit After Tax2.514.45
Net Worth102.0178.19
Total Borrowing26.6113.14
Amount in ₹ Crore

About Thinkink Picturez Ltd

Incorporated in April 2008, Thinkink Picturez Limited is a film production company that creates fiction and nonfiction films, TV shows, and web shows.

The company plans and coordinates various aspects of film production. This includes selecting the script, coordinating writing, directing, editing, and arranging financing. The company also handles budgeting, scheduling, scripting, hiring the cast and crew, managing film production, post-production, and distribution and marketing.

The company's services can be divided into following categories

  • Film Production
  • Script Creation
  • TV Production
  • Web Series Production
  • Creative Production

Competitive Strength

  • Access a talented pool of writers, directors, actors, and crew who consistently create high-quality content.
  • Known for making commercially successful films, boosting credibility and attracting top talent.
  • State-of-the-art studios, equipment, and facilities that streamline filmmaking and ensure high production values.

As of March 31 2024, the company has a total of 8 employees.

Objects of the Issue:

The Company proposes to utilize the Net Proceeds to:

  1. To augment the existing and incremental working capital requirement of the company;
  2. Part-payment for Land Acquisition; and
  3. General Corporate Purposes.

Rights Issue Review

[Dilip Davda] The company is engaged in providing all services for film production. It is operating in a highly competitive and fragmented segment. It marked inconsistency in its top and bottom lines for the reported periods. The promoters’ holding at 0% remains a major concern. There is no harm in skipping this “High Risk/Low Return” bet. Read detail review...

Rights Issue Subscription Status

Thinkink Picturez Rights Issue 2024 got oversubscribed by 1.24 times by the end of the bidding period with total bid quantity received by BSE of 40,41,78,881 shares. Check Day by Day Subscription Details (Live Status)

DateBSE Bid Quantity Subscription Times

Nov 22 2024 17:00:00

40,41,78,881

1.24x

Company Contact Information

Thinkink Picturez Ltd
A-206, Eversun CHS Ltd Sahakar Nagar
J P Road, Andheri West
Andheri, Mumbai-400053
Andheri, Maharashtra, 400053

Rights Issue Registrar

Skyline Financial Services Pvt.Ltd.

Rights Issue FAQs

The Thinkink Picturez Rights Issue 2024 opens on Mon, Nov 4, 2024, and closes on Fri, Nov 22, 2024.

Thinkink Picturez Rights Issue 2024 Schedule

Last Date for credit of Rights EntitlementsMon, Nov 18, 2024
Last Date for renunciation of Rights EntitlementsMon, Nov 18, 2024
Issue Opening DateMon, Nov 4, 2024
Issue Closing DateFri, Nov 22, 2024
Date of Allotment (on or about)Fri, Nov 29, 2024
Date of Credit (on or about)Thu, Dec 5, 2024
Date of Listing (on or about)Tue, Dec 3, 2024
Thinkink Picturez Rights Issue 2024 price is set at ₹1.5 per share.
The eligible shareholders are being offered 11 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date (Fri, Oct 18, 2024).
The record date for the Thinkink Picturez Rights Issue 2024 is Fri, Oct 18, 2024.
The issue size of Thinkink Picturez Rights Issue 2024 is of 32,59,08,000 equity shares at ₹1.5 per share aggregating up to ₹48.89 Crores.
The Letter of Offer for Thinkink Picturez Rights Issue 2024 can be downloaded here.

You can apply for Thinkink Picturez Rights Issue 2024 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Thinkink Picturez Rights Issue 2024 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Thinkink Picturez Rights Issue 2024 is available on the list.
  4. Click the Apply button next to the Thinkink Picturez Rights Issue 2024.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Thinkink Picturez Rights Issue 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Thinkink Picturez Rights Issue 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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