Touchwood Entertainment IPO

Touchwood Entertainment IPO

Touchwood Entertainment IPOBusiness description - Touchwood Entertainment specializes in Events Management, offering all of its clients a complete variety of event facilities, ranging from event planning & marketing to production and legal services for the events. The company has a 35 member team with a fully developed and functional in-house production facility. The panel of skilled craftsmen and band of highly qualified designers add the extra edge to its platter of deliverables. The company’s corporate office is in New Delhi and its footprint extends to Africa, Middle East, South East and Europe, giving its work and thought process a global perspective.

Promoters of Touchwood Entertainment – Mr Manjit Singh, Mr Vijay Arora, Ms Jaswinder Kaur and Ms Priyanka Arora

Touchwood Entertainment IPO details
Subscription Dates 11 - 13 Dec 2017
IPO Price band INR40 per share
Fresh issue 1,053,000 shares (INR4.21 crore)
Offer for sale Nil
Total IPO size 1,053,000 shares (INR4.21 crore)
Minimum bid (lot size) 3,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Touchwood Entertainment's financial performance (in INR lakh)
FY2013 FY2014 FY2015 FY2016 FY2017 5M FY2018
Total revenue 194.6 393.0 621.7 1,277.0 1,342.0 380.7
Total expenses 18.1 18.7 17.7 29.5 49.9 20.7
Profit after tax 2.6 -81.1 5.8 2.7 101.5 32.6

Touchwood Entertainment Contact Details

Touchwood Entertainment Limited
11A, 2nd & 3rd Floor, Aruna Asaf Ali Road
Opp. Fortis Hospital, Kishan Garh
Vasant Kunj, New Delhi 110070

Phone: +91 011 4132 6666
Email: [email protected]
Website: www.touchwood.in

Touchwood Entertainment IPO Subscription Details

Day Subscription (no. of times)
Day 1 0.31
Day 2 0.88
Day 3 4.81

Touchwood Entertainment Valuation (latest FY)

Earnings Per Share (EPS): INR4.03

Price/Earnings (P/E) ratio: 9.92

Return on Net Worth (RONW): 36.26%

Net Asset Value (NAV): INR13.90 per share

Registrar of Touchwood Entertainment IPO

Skyline Financial Services Pvt Ltd
A49, Gundecha Onclave, Kherani Road,
Sakinaka, Mumbai – 400 072
Maharashtra, India

Phone: +91 22 2851 1022
Email[email protected]
Website: www.skylinerta.com

Touchwood Entertainment IPO Allotment Status

Touchwood Entertainment IPO allotment status is now available on Skyline Financial Services' website. Click on this link to get allotment status

LISTING PERFORMANCE OF Touchwood Entertainment IPO

IPO Opening Date: 11 December 2017

IPO Closing Date: 13 December 2017

Finalisation of Basis of Allotment: 18 December 2017

Initiation of refunds: 20 December 2017

Listing Date: 21 December 2017

Listing Price on NSE SME: INR43.5 per share (up 8.75% from IPO price)

Closing Price on NSE SME: INR48 per share (up 20% from IPO price)

8 COMMENTS

  1. Seems like a nice investment. Company performance in the past years has been good. Investing in it! let”s hope for the best. Early mover advantage stage.

  2. On performance front, TEL has posted turnover/net profits of Rs. 3.93 cr. / Rs. –(0.81) cr. (FY14), Rs. 6.22 cr. / Rs. 0.06 cr. (FY15), Rs. 12.77 cr. / Rs. 0.03 cr. (FY16) and Rs. 13.42 cr. / Rs. 1.01 cr. (FY17).
    fully avoid

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