Touchwood Entertainment Limited IPO

Add to Calendar 2017-12-11 12:00 AM 2017-12-13 12:00 AM Asia/Kolkata Touchwood Entertainment Limited IPO Touchwood Entertainment Limited India

Touchwood Entertainment Limited is engaged in event management where the company offers clients a complete variety of event facilities. The company has corporate office in Delhi and has presence in many countries.

Date of establishment: Touchwood Entertainment was established in 1997.  

Product & Service Offering: Touchwood Entertainment provides services ranging from event planning and marketing to production and legal services for events.

Promoters of Touchwood Entertainment Ltd.: The promoters of the firm are Mr. Manjit Singh, Mr. Vijay Arora, Ms. Priyanka Arora and Ms. Jaswinder Kaur.

Customer segment: The company offers its services to corporate, social and political clients.

Objects of the Issue:

The objects of the issue are:
-     Capital expenditure requirements
-     General corporate purposes
-     Issue related expenses
-     Repayment of existing loans

 

Company Financials:

 

 

Particulars

For the year/period ended (in Rs. Lakhs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

Total Assets

812.33

681.21

443.10

545.72

409.29

Total Revenue

1,341.99

1,277.00

621.69

393.03

194.57

Profit After Tax (PAT)

101.48

2.67

5.82

(81.11)

2.63

Issue Detail

  • Issue Open: Dec 11, 2017
  • Issue Close: Dec 13, 2017
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 40 Per Equity Share
  • Bid Lot:3000 Shares
  • Minimum Order Quantity:3000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 4.21 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 526,500 526,500 - - 1,053,000
Day 1 - Dec 11, 2017IST 0 201,000 126,000 - - 327,000
Day 2 - Dec 12, 2017IST 0 531,000 399,000 - - 930,000
Day 3 - Dec 13, 2017IST 0 2,199,000 2,871,000 - - 5,070,000

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 40.00
Open - Rs 43.50
Low - Rs 43.50
High - Rs 48.00
Last Trade - Rs 48.00
Volume - 417,000

Touchwood Entertainment Limited User Rating

Votes
0

Touchwood Entertainment Limited Life IPO Reviews

Touchwood Entertainment Limited IPO News & Updates

Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker

Comments

Start IPO Trading through SAMCO

Don't have a Trading Account !!!
Open an account with Samco and Do IPO Trading for Just Rs 20. For more details, share your contact details with us