Touchwood Entertainment IPO: GMP, Price, Size & Dates

0
160
Rate this post

Touchwood Entertainment Limited is a Delhi-based event management company that has been in operation since 1997. The company offers a comprehensive range of services related to event management, including event planning, marketing, production, and legal services. With a focus on wedding planning and decor, Touchwood Entertainment Limited assists clients in all aspects of event planning, facilitating, negotiating, and handling. 

The company provides a wide range of event management services that cater to diverse entertainment and promotional needs. These services include organizing mega ground concerts, private social events, political activations, artist management, and destination weddings. The company is well-versed in handling all possible aspects of an event, making it a reliable and all-encompassing partner for event planning needs. 

Touchwood Entertainment

Touchwood Entertainment IPO Details 

IPO Date Dec 11, 2017 to Dec 13, 2017 
Listing Date Dec 21, 2017 
Face Value ₹10 per share 
Price ₹40 per share 
Lot Size 3000 Shares 
Total Issue Size 1,053,000 shares 
(aggregating up to ₹4.21 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At NSE SME 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Industry Overview 

The event management industry in India has seen significant growth in recent years, with the market size estimated to be around INR 10,000-12,000 crore. The industry includes a wide range of services, from corporate events and product launches to weddings and social events. 

In terms of industry growth, the event management industry in India is projected to grow at a compound annual growth rate (CAGR) of around 12-15% over the next few years, driven by factors such as increasing disposable income, rising consumer spending on entertainment and leisure activities, and growing corporate events and conferences. 

Objects of the Issue 

The objects of the Issue are: – 
1. Capital Expenditures for Business Expansion; 
2. Repayment of existing loans; 
3. General corporate purposes; and 
4. Issue related expenses 

Touchwood Entertainment IPO Prospectus

Company Contact Information

Touchwood Entertainment Limited
11A, 2nd & 3rd Floor, Aruna Asaf Ali Road,
Opp. Fortis Hospital, Kishan Garh,
Vasant Kunj, New Delhi 110070
Phone: 011-41326666/67/68/69
Email: cs@touchwood.in
Websitehttp://www.touchwood.in

Touchwood Entertainment IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: virenr@skylinerta.com
Websitehttps://www.skylinerta.com/

Touchwood Entertainment IPO Lead Manager(s)

  1. Corporate CapitalVentures Pvt Ltd (Past IPO Performance)

LEAVE A REPLY

Please enter your comment!
Please enter your name here