BAWEJA STUDIOS LIMITED

Baweja Studios Limited was incorporated as 'Baweja Movies Private Limited' on March 16, 2001 with the Registrar of Companies, Mumbai. Further, name of the Company was changed to 'Baweja Studios Private Limited' on September 6, 2021. Subsequently, Company converted from a Private Company to a Public Limited Company and the name of the Company was changed to 'Baweja Studios Limited' dated December 1, 2021. Harjaspal S. Baweja, the Founder Promoter of Company, had set up his business as a production house in the Bollywood Film Industry. Starting out his producing journey with a blockbuster, 'Dilwale' in 1994, he quickly maneuvered his way in getting a deeper understanding of the industry. Over the years, he produced and directed over 14 films. The Promoters have a long history of creating Hindi and Punjabi films backed by an extensive film library. Chaar Sahibzaade, Love Story 2050, Qayamat, Bhaukaal, are some of the popular productions of Company. Further, Company has also been engaged in the business of trading of movie rights, where it purchase rights connected to a movie from producers and onward trade them to the exhibitors / streaming platforms. Since incorporation, Company has been steadily growing in the field of motion picture production. It has nearly produced over 22 projects and have 6 films under production and another 7 under pre-production stages. Baweja is one of the players in the media and entertainment sector in producing high quality content. The Company is into the business of originating, creating, developing and producing motion pictures and audio-visual content and their subsequent marketing, distribution and exploitation. The Company utilizes substantial part of the capital on development of content. Once content development stage is complete, it move on to lock a funding studio/OTT platform thereby decreasing the risk related to the projects. On locking a funding studio/OTT platform, production activity begins where the costs relating to production are shared as per the agreement entered. The key is to minimize the risk attached to each project. Presently, the Company is a technology-driven content production house specializing in all formats of commercial motion picture to push the boundaries of storytelling and technology advancements in their field. The organization based in Mumbai, specializes in research & development of scripts, end-to-end production of content, Intellectual Property creation and monetization. The Company's business model includes content production whereby it develop content in-house or source content by acquiring content, remake rights or rights for adaptations of literature from clients. The Company has diversified into digital films, web series, animation films, Punjabi films, advertisement films and music videos. Further to the primary objectives of making films, secondary objective is to amplify films IP by cutting across various derivatives for the same, which could include, remakes, sequels or prequels (Chaar Sahibzaade :2, foreign language productions, stage plays, web-series, television productions, documentaries, electronic books, comic books, print publications, games, merchandising and media, spin-offs, etc. Company launched the IPO aggregating the issuance of 54,00,000 Equity Shares of Rs 10 each by raising Rs 97.20 crores, comprising a fresh issue of 40,00,000 Equity Shares aggregating to Rs 72 crore and the offer for sale of 14,00,000 equity shares aggregating to Rs 25.20 crore in February 2024. In 2025, Company has diversified into a multi - vertical entertainment powerhouse through the launch of Feature Films, OTT content, Virtual Reality, Global Content, Animation & VFX and many more and is in process to launch multiple new films in FY 2025 - 26.