The Maxposure date has been confirmed from January 15, 2024 and closes on January 17, 2024. Read the post to learn about Maxposure IPO GMP.
Maxposure Developers IPO is a fixed price issue of Rs20.26 crores. The price band is set at ₹ 31 to ₹ 33 per share. The minimum lot size for an operation is 4000 Shares. The minimum quantum of investment needed by retail investors is ₹ 132,000. The minimum lot size investment for HNI is 2 lots( 8,000 shares) amounting to ₹ 264,000.
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Key Details Of Maxposure IPO:
Bidding Dates
Jan 15-17
Price Range
₹31 to ₹33 per share
Face Value
₹10 per share
GMP
₹80
Maxposure IPO GMP
The Maxposure IPO GMP Today is ₹80.
Maxposure IPO Overview
Maxposure IPO is a book- erected allocation worth Rs20.26 crore. The immolation is wholly new, conforming of61.4 lakh shares. Maxposure’s original public immolation( IPO) will be available for subscription on January 15, 2024, and will close on January 17. The allotment for the Maxposure IPO is anticipated to be completed on Thursday, January 18, 2024. Maxposure IPO will be listed on NSE SME, with a conditional table date of Monday, January 22, 2024. Maxposure’s IPO pricing range is set at ₹ 31 to ₹ 33 per share. The minimum lot size for an operation is 4000 shares. The minimum investment for retail investors is ₹ 132,000. The minimum investment for HNI is 2 lots( 8,000 shares) worth ₹ 264,000.
Domestic operations generated earnings of ₹1726.28 lakhs, ₹2835.08 lakhs, ₹2815.85 lakhs, and ₹1940.76 lakhs for the three- month period ending September 30, 2023, as well as the financial times 2023, 2022, and 2021. The company generated earnings of ₹289.86 lakhs, ₹343.84 lakhs, ₹452.15 lakhs, and ₹75.09 lakhs from transnational operations. As of October 31, 2023, the company’s payroll included 81 workers.
Maxposure IPO Details
| IPO Date | January 15, 2024 to January 17, 2024 |
| Listing Date | [.] |
| 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 |
Maxposure Limited Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 5,355.21 | 4,878.51 | 4,485.18 | 4,009.97 |
| Revenue | 2,059.05 | 3,355.55 | 3,321.31 | 2,247.27 |
| Profit After Tax | 370.83 | 441.21 | 34.96 | 36.22 |
| Net Worth | 3,478.21 | 3,114.34 | 2,666.17 | 2,631.21 |
| Reserves and Surplus | 3,146.19 | 2,775.36 | 2,334.15 | 2,299.19 |
| Total Borrowing | 462.31 | 333.76 | 293.65 | 418.52 |
Maxposure IPO Timeline
| 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 | Monday, January 22, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 17, 2024 |
Company Profile
Maxposure Limited, innovated in August 2017, is a establishment that offers personalised media and entertainment services across numerous platforms. They concentrate on in- flight entertainment, content marketing, technology, and advertising. The company’s Mumbai lab installation provides a variety of services, including bespoke editing, metadata development, duplication, audio improvement, encoding/ transcoding in any format for any system, andpost-production. The services are divided into four major orders inflight entertainment, content marketing, technology, and advertising.
The company has a large deals network across India, including services in Delhi, Mumbai, Bengaluru, and Kolkata. It has also successfully established and managed systems outside India, primarily in the Indian key and the Middle East. These gambles include Gulf Air( Kingdom of Bahrain), Air Arabia( Sharjah), VFS( UAE), and Jazeera Airways( Kuwait), among others.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Maxposure Limited |
| Phone number | +91 114 301 1111 |
| Email ID | [email protected] |
| Website | maxposuremedia.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Maxposure IPO FAQs
When Maxposure IPO will open?
The Maxposure IPO opens on January 15, 2024 and closes on January 17, 2024.
What is the lot size of Maxposure IPO?
Maxposure IPO lot size is 4000 Shares, and the minimum amount required is ₹132,000.
When is Maxposure IPO allotment?
The finalization of Basis of Allotment for Maxposure IPO will be done on Thursday, January 18, 2024, and the allotted shares will be credited to your demat account by Friday, January 19, 2024.
When is Maxposure IPO listing date?
The Maxposure IPO listing date is not yet announced. The tentative date of Maxposure IPO listing is Monday, January 22, 2024.
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