Maxposure Limited IPO
Maxposure Limited is a leader in the new-age media and entertainment industry with special focus on the aviation market. Maxposure offers 360-degree services across multiple distribution platforms, with a commitment to quality and technological innovations. Working with government and private clients, both in India and across the world, Maxposure Limited has been associated with aviation and travel industry leaders, including IndiGo, Air India, Gulf Air, Air Arabia, Incredible India, Madhya Pradesh Tourism Board, Ministry of External Affairs, Oberoi Hotels and Resorts, the Taj Group of Hotels to name a few.
Specializing in customized solutions, the house of Maxposure stands on four pillars: Inflight Entertainment, Content Marketing, Technology and Advertising. Maxposure IPO is a book built issue of Rs 20.26 crores. The issue is entirely a fresh issue of 61.4 lakh shares. Maxposure IPO bidding started from January 15, 2024 and ended on January 17, 2024. Maxposure IPO price band is set at ₹31 to ₹33 per share. The minimum lot size for an application is 4000 Shares. GYR Capital Advisors Private Limited is the book running lead manager of the Maxposure IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Maxposure IPO is Giriraj Stock Broking.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Maxposure Limited IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Maxposure Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | January 15, 2024 to January 17, 2024 |
| Listing Date | January 23, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹31 to ₹33 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 6,140,000 shares (aggregating up to ₹20.26 Cr) |
| Fresh Issue | 6,140,000 shares (aggregating up to ₹20.26 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 16,600,950 |
| Share holding post issue | 22,740,950 |
| Market Maker portion | 372,000 shares Giriraj Stock Broking |
Maxposure Limited IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Monday, January 15, 2024 |
| IPO Close Date | Wednesday, January 17, 2024 |
| Basis of Allotment | Thursday, January 18, 2024 |
| Initiation of Refunds | Friday, January 19, 2024 |
| Credit of Shares to Demat | Friday, January 19, 2024 |
| Listing Date | Tuesday, January 23, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 17, 2024 |
Maxposure Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹132,000 |
| Retail (Max) | 1 | 4000 | ₹132,000 |
| HNI (Min) | 2 | 8,000 | ₹264,000 |
Maxposure Limited IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Share Holding Pre Issue | 84.35% |
| Share Holding Post Issue | 61.58% |
Competitive Strength:
- -
Maxposure Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2023 | 5,355.21 | 2,059.05 | 370.83 | 3,478.21 | 462.31 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 4,878.51 | 3,355.55 | 441.21 | 3,114.34 | 333.76 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 4,485.18 | 3,321.31 | 34.96 | 2,666.17 | 293.65 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2021 | 4,009.97 | 2,247.27 | 36.22 | 2,631.21 | 418.52 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 14.39% |
| ROCE | 19.55% |
| Debt/Equity | 0.03 |
| RoNW | 14.20% |
| P/BV | 1.59 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 2.66 | 3.26 |
| P/E (x) | 12.42 | 10.12 |
Objectives of Maxposure IPO
The Company proposes to utilize the Net Proceeds from the Issue towards the following objectives:
- 1. 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").
- 2. 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.
- 3. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company.
- 4. General Corporate Purposes.
Maxposure IPO Review
After listless performances for FY21 and FY22, it marked bumper profits with rise in top lines. Considering the changed lifestyle and rising air travel, this company may have bright prospects ahead, but all will depend on future trends. Based on the last 18 months working, the issue appears fully priced. The sustainability of margins going forward is a major concern. Well-informed investors may park funds for the medium to long term rewards.
RHP:
DRHP:
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Frequently asked Questions (FAQs )
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When Maxposure SME IPO will open?
Maxposure SME IPO Issue Open Date is 15-01-2024.
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When Maxposure SME IPO will close?
Maxposure SME IPO Issue Close Date is 17-01-2024.
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What is the price of Maxposure SME IPO for retail investor?
Maxposure SME IPO price for retail investor is 31.00-33.00. Company is also offering special discount for TBD.
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What is the lot size of Maxposure SME IPO for retail investor?
Maxposure SME IPO lot size for retail investor is 4000 shares (1 lot)(Min) and 4000 shares (1 lots) (Max).
