Maxposure
Maxposure Info
Details about the Maxposure IPO. Opening Date of Maxposure is 15 Jan 24 and Closing Date is 17 Jan 24 . Face Value of Each share of Maxposure is ₹10 per share. Price band of Maxposure is ₹31 to ₹33. The Lot size of Maxposure is 4,000 shares. Total issue size of Maxposure IPO is ₹20.26 cr. Fresh Issue of Maxposure IPO is 20.26 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Maxposure is 16,600,950. Share Holding Post Issue of Maxposure is 22,740,950.
Business Summary
Maxposure is a diverse new-age media and entertainment company offering 360-degree services across multiple distribution platforms. Specialising in customised solutions, the house of Maxposure stands on four pillars: Inflight Entertainment, Content Marketing, Technology and Advertising.
Companies advertising business is divided into three segments: (i) Print and Digital Advertising (ii) Aviation OOH (iii) Inviseo
The product portfolio of company now includes an array of agricultural equipment such as potato digger machines, grader machines, hopper machines, groundnut de-stoner machines, pipe winder machines, and rotavators.
Maxposure IPO Details
| Open Date | 15 Jan 24 |
|---|---|
| Close Date | 17 Jan 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹31 - ₹33 |
| Lot Size | 4,000 Shares |
| Total issue Size | 6,140,000 Shares ₹20.26 cr |
| Fresh Issue | 6,140,000 Shares ₹20.26 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 16,600,950 |
| Share Holding Post Issue | 22,740,950 |
| Market Maker | Giriraj Stock Broking |
| Market Maker Portion | 372,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Maxposure IPO Timeline
The Maxposure Initial Public Offering (IPO) is set to open on 15 Jan 24 and will end its subscription phase on 17 Jan 24. You can check your allotment status for Maxposure on 18 Jan 24. The refund process for your funds will start promptly on 19 Jan 24. Maxposure IPO credit of shares will be on 19 Jan 24. The listing date for Maxposure is on 22 Jan 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Maxposure IPO Reservation
The Maxposure IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
372,000 Shares will be reserved for subscription by Giriraj Stock Broking
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Maxposure IPO Lot Size
Bids can be made for minimum of 4000 shares and in multiple of 4000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | 132,000 |
| Retail (Max) | 1 | 4,000 | 132,000 |
| HNI (Min) | 2 | 8,000 | 264,000 |
Maxposure IPO Promoters Holding
Promoters holding details for Maxposure in the current issue is as follows: The share holding of promoters before the issue stands at 84.35%, and after the issue, it has been adjusted to 61.58%.
Promoters of Maxposure are Prakash Johari, Sweta Johari,
| Share Holding Pre Issue | 84.35% |
|---|---|
| Share Holding Post Issue | 61.58% |
Maxposure Financial Information
Financial performance details for Maxposure over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| 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 |
Maxposure IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Maxposure are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 12.42 |
| ROCE | 19.55% |
| ROE | 14.39% |
| RoNW | 14.20% |
| Debt/Equity | 0.03 |
| EPS (Rs) | 2.66 |
Object of the Issue
- • 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 our Company for manufacturing the Proposed Products and the working capital requirements of our Company in the ordinary course of business
- • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company.
- • General Corporate Purposes
Risk Factors to Consider
- • Company rely on third parties for providing services, including purchase of media and other material required for the advertising business.
- • Company depend on a few customers of the services in some of the business lines, for a significant portion of revenue, and any decrease in revenues or sales from any one of the key customers may adversely affect business and results of operations.
Contact Details for Maxposure
Phone
Office
Ground Floor, 62, Okhla Industrial Estate, Phase - 3, South Delhi, New Delhi - 110 020, Delhi, India.
Registrar Details for Maxposure
Bigshare Services Pvt Ltd
Phone
Office
: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • GYR Capital Advisors Private Limited