IPO Issue Details
Issue Price / Price Band₹40 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size10,53,000 shares (aggregating up to ₹4.21 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 11 Dec 2017
Subscription CloseWed, 13 Dec 2017
Anchor AllotmentSun, 10 Dec 2017
Basis of AllotmentMon, 18 Dec 2017
Initiation of RefundsMon, 18 Dec 2017
Credit of Shares to DematTue, 19 Dec 2017
Listing DateThu, 21 Dec 2017
UPI Mandate Deadline2017-12-13
Application & Investment Details
Retail — Min (1 Lots)120000 — 3000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)240000 — 6000 shares
Net Offer to Public9,99,000 shares (aggregating up to ₹4.00 Cr)
Reserved for Market Maker54,000 shares (aggregating up to ₹0.2160 Cr)
Pre-IPO Promoter Holding30,19,498 shares
Post-IPO Promoter Holding40,72,498 shares
About Touchwood Entertainment Ltd
Incorporated in 1997, Touchwood Entertainment Limited is Delhi based Events Management Company. Touchwood services include event planning, marketing, production and legal services for the events. Company mainly assist with all the planning, facilitating, negotiating, and handling of various aspects of wedding planning. The services offered by company include:1. Mega Ground Concerts2. Private Social Events3. Wedding Planning and Wedding Decor4. Political Activation5. Artist Management6. Destination Wedding Company handles all possible aspects of an event and caters to varying entertainment and promotional needs.
Objects of the Issue
Touchwood Entertainment Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Capital Expenditures for Business Expansion
1.9
2
General Corporate Purposes
0.97
Shareholding & Lock-in
Pre-IPO Promoter Holding
30,19,498 shares
Post-IPO Promoter Holding
40,72,498 shares