Touchwood Entertainment Ltd

touchwood entertainment

About the company:

Touchwood Entertainment specializes in Events Managements,offering their clients a complete variety of event facilities, ranging from event planning & marketing to production and legal services for the events.

They provide end-to-end solutions for all kinds of events – be they corporate, social or political.

They are a 35 member team with a fully developed and functional in-house production facility.

Company provides Event Management services for personal functions like marriages and birthday parties have become important social matters.

They also arrange guest appearances and performances of various artists in events organized by us viz. live shows, high class weddings, parties and opening ceremonies.

Company aims at providing artists for shows according to client’s desire and budget and execute in best possible manner giving the client for their money.They also have exclusive tie ups with various singers and Musicians for performing this service.

Company’s corporate office is in New Delhi and their footprint extends to the Africa, Middle East, South East and Europe, giving their work and thought process a global perspective.

Company provides the following Services:

  • Mega Ground Concerts.
  • Private Social Events.
  • Wedding Planning and Wedding Decor.
  • Political Activation.
  • Artist Management.
  • Destination Wedding.


Management Team:

  1. Mr. Manjit Singh (Designation: Managing Director)
  2. Mr. Vijay Arora (Designation: Whole Time Director)
  3. Mr. Jaswinder Kaur (Designation: Director)


Promoters Average Acquisition Cost:

Name of the Promoter No. of Shares held Average Acquisition Cost (in Rs.)
Manjit Singh 1342920 4.42
Vijay Arora 1265388 4.57
Priyanka Arora 100714 3.68
Jaswinder Kaur 112971 8.50


Peer group Comparison:

Touchwood Entertainment is in Event & Wedding Management and Political Activation Industry and there are no listed peers engaged in same line of business hence comparison with industry peers are not applicable.

Objectives of the Issue:

  • Capital Expenditures for Business Expansion
  • Repayment of existing loans
  • General corporate purposes
  • Issue related expenses


Fund Utilization:

Particulars Amount (Rs. in Crores)
Capital Expenditures for Business Expansion 1.9
General Corporate Purposes 0.97
Repayment of Loans 0.85
Issue Expenses 0.49
Net Proceeds 4.21 cr


Financials of the Company:

(in Crores) FY 13 FY 14 FY 15 FY 16 FY 17 31st Aug 17
Revenue  1.94  3.93  6.21  12.77  13.42  3.81
Net Profit  0.026 (-0.81)  0.058  0.026  1.01  0.33


IPO Details:

Details Info
Issue Opens on 11th December 2017
Issue Closes on:. 13th December 2017
Issue Price Rs.40
Face Value Rs.10
Minimum Lot 3000
Minimum Investment Rs.1,20,000
Issue Constitutes 25.86%
Issue Size Rs.4.21 cr
Market Cap Rs.16.28 cr
Listing at NSE SME
Total Equity Shares Offered (Fresh) 10,53,000
Equity Shares Prior 30,19,498
Equity Shares after the issue 40,72,498


Important Dates:

Finalization of Basis of Alottment on or Before 18th December 2017
Initiation of Refunds on or Before 20th December 2017
Credit of Equity Shares: on or Before 21st December 2017
Listing Date: on or Before 22nd December 2017


IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
4.03 9.93 36.26% 13.90

Markets Guruji Opinion:

IPO View Apply For: Expected listing Gain:
Subscribe Listing Gains 10%

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Company Contact Info:
Touchwood Entertainment Ltd
11A, 2nd & 3rd Floor,
Aruna Asaf Ali Road
Opp. Fortis Hospital, Kishan Garh,
Vasant Kunj New Delhi 110070 INDIA
Telephone No- 011-41326666


IPO Registrar Info:
SEBI Regn. No.: INR000003241
Address : D-153 A, 1st Floor, Okhla Industrial Area,
Phase-I, New Delhi-110020.
Contact Person: Mr. Virender Rana
Tel No.: +91-11-26812682, 64732681-88
Email id.:


Lead Manager to the Issue:
SEBI Registration Number: INM000012276
Address: 160, Lower Ground Floor, Vinoba Puri,
Lajpat Nagar – II, New Delhi – 110 024.
Contact Person: Mr. Kulbhushan Parashar
Tel No.: +91–11–41704066; +91–11–2983 2706
Email Id: