Maxposure Limited IPO
NSE SMEListed On: Jan 23, 2024 at ₹ 145.0
₹ 132000 /4000 Shares
Check Allotment15 Jan, 2024
Open Date17 Jan, 2024
Close Date18 Jan, 2024
Allotment Date23 Jan, 2024
Listing DateIssue Price
₹31-33 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
145.0Listing Date
2024-01-23Market Lot
4000 Shares (₹132,000/-)Lead Manager
GYR Capital Advisors Private LimitedIssue Size
6,140,000 shares(aggregating up to ₹20.26 Cr)Retail Portion
35%Subscription
987.09 timesMaxposure Limited IPO Details
Maxposure Limited IPO is an SME IPO, priced at ₹31-33 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 61,40,000 equity shares, aggregating up to ₹20.26 crores..
The IPO bidding window is open from Jan 15, 2024 to Jan 17, 2024. The allotment is expected to be finalized on Jan 18, 2024, and the tentative listing date is Jan 23, 2024.
The minimum lot size for retail investors is 4000 shares, with a minimum investment of ₹1,32,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,64,000.
GYR Capital Advisors Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Giriraj Stock Broking Private Limited will act as the market maker for this issue.
Maxposure Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,140,000 / 888,000 | 2,048,000 | 4,068,000 |
| Day 1 - 15-01-24 06:00 PM | 3.54 / 68.45 x | 112.78 x | 72.58 x |
| Day 2 - 16-01-24 06:00 PM | 6.79 / 176.69 x | 298.55 x | 190.43 x |
| Day 3 - 17-01-24 06:00 PM | 162.35 / 1930.24 x | 1033.37 x | 987.09 x |
Maxposure Limited Valuations
EPS Pre IPO
₹2.66/-EPS Post IPO
₹3.26/-P/E Pre IPO
12.42P/E Post IPO
10.12ROE
14.39%ROCE
19.55%Debt/Equity
0.03RoNW
14.20%Price to Book Value
1.59Maxposure Limited Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 4,878.51 | 4,485.18 | 4,009.97 |
| Revenue | 3,355.55 | 3,321.31 | 2,247.27 |
| Profit After Tax | 441.21 | 34.96 | 36.22 |
| Net Worth | 3,114.34 | 2,666.17 | 2,631.21 |
| Reserves & Surplus | 2,775.36 | 2,334.15 | 2,299.19 |
| Total Borrowing | 333.76 | 293.65 | 418.52 |
About The Company
Incepted on August 17, 2006, Maxposure Limited is a company offering personalized media and entertainment services across multiple platforms. They specialize in Inflight Entertainment, Content Marketing, Technology, and Advertising.
The lab facility of the company in Mumbai offers services such as custom editing, metadata creation, duplication, audio enhancement, encoding/transcoding in any format for any system, and post-production services.
The services fall into four broad categories: inflight entertainment, content marketing, technology, and advertising.
The company has a vast network of sales operations across India with offices in Delhi, Mumbai, Bengaluru, and Kolkata. It also successfully launched and handled projects outside India, especially in the Indian subcontinent and the Middle East. Its projects are such as Gulf Air (Kingdom of Bahrain), Air Arabia (Sharjah), VFS (UAE), and Jazeera Airways (Kuwait).
Revenue is earned on domestic operations for the period ended three months ending on September 30, 2023, and also for the years 2023, 2022, and 2021 was ₹1726.28 lakhs, ₹2835.08 lakhs, ₹2815.85 lakhs, and ₹1940.76 lakhs, respectively. The revenue is also earned from international operations ₹289.86 lakhs, ₹343.84 lakhs, ₹452.15 lakhs, and ₹75.09 lakhs, respectively.
As of October 31, 2023, the current employees of the company stand at 81.
Maxposure Limited - Promoter(s)
Pre Issue Share Holding: 84.35%
Post Issue Share Holding: 61.58%
Maxposure Limited IPO - Issue Objectives
- Funding of expenses proposed to be incurred towards obtaining various certifications from the Federal Aviation Administration (FAA) and the European Union Aviation Safety Agency (EASA) for Wireless Streaming Server (AeroHub) and Patented Inviseo tray table (collectively referred to as the Proposed Products)
- Funding working capital requirements of the Company for manufacturing the Proposed Products and the working capital requirements of the company in the ordinary course of business
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
- General Corporate Purposes.
Other Details
Maxposure Limited
Ground Floor, 62, Okhla Industrial Estate, Phase-3, South Delhi, New Delhi - 110020Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Maxposure Limited IPO - FAQs
Ans. Maxposure Limited IPO is a SME IPO. The issue is priced at ₹31-33 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on Jan 15, 2024, and closes on Jan 17, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Maxposure Limited IPO opens on Jan 15, 2024 and closes on Jan 17, 2024.
Ans. The size of Maxposure Limited IPO is 6,140,000 shares(aggregating up to ₹20.26 Cr).
Ans. The IPO price band is set between ₹31-33 per equity share.
Ans. To apply for Maxposure Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Maxposure Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Maxposure Limited IPO is Jan 18, 2024.
Ans. The Maxposure Limited IPO will be listed on Jan 23, 2024.
Ans. Follow the steps to check the allotment status for Maxposure Limited IPO here.
