Maxposure Ltd
Price Range
₹31 - ₹33
Min. Quantity
4,000
Closes on
17 January 2024
Min. investment
₹1,32,000/4,000 Shares
Maxposure Ltd IPO Timeline
Maxposure Limited was incorporated on August 17, 2006 as Maxposure Media Group India Private Limited', a Private Limited Company dated August 17, 2006 issued by the Registrar of Companies, in Delhi and Haryana. Subsequently, the name of the Company was changed to Maxposure Private Limited' dated October 26, 2023. Thereafter, Company got converted into a Public Limited Company, fresh Certificate of Incorporation dated November 3, 2023 was issued by the Registrar of Companies, at Delhi and consequently, name of the Company was changed to Maxposure Limited'.
| Event | Date |
|---|---|
| Maxposure Ltd IPO Opening Date | 15 January 2024 |
| Maxposure Ltd IPO Closing Date | 17 January 2024 |
| Basis of Allotment | 18 January 2024 |
| Initiation of Refunds | 19 January 2024 |
| Credit of Shares to Demat | 19 January 2024 |
| Maxposure Ltd IPO Listing Date | 23 January 2024 |
Maxposure Ltd IPO Details
| Maxposure Ltd IPO Date | 15 January 2024 to 17 January 2024 |
| Maxposure Ltd IPO Face Value | ₹10 per share |
| Maxposure Ltd IPO Price | ₹31 to ₹33 per share |
| Maxposure Ltd IPO Lot Size | 4,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹20.26 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹20.26 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Prakash Johari, Sweta Johari |
Maxposure Ltd IPO Lot Size
The Maxposure Ltd IPO lot size is 4,000 shares. A retail-individual investor can apply for up to 1 lots (4,000 shares or ₹1,32,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 4,000 | ₹1,32,000 |
| Maximum | 1 | 4,000 | ₹1,32,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters and Management Team.
- Long standing relationships with customers.
- Efficient operational team.
- Consistent financial performance.
Company Financials
Maxposure Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 70.59 | 43.67 | 7.71 |
| 03-2023 | 49.41 | 33.32 | 3.97 |
| 03-2022 | 44.85 | 33.21 | 0.35 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of expenses proposed to be incurred obtaining 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
- Funding working capital requirements of the company for mfg 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
Maxposure Ltd IPO Promoter Holding
| Pre Issue Share Holding | 51.28% |
| Post Issue Share Holding | 37.43% |
Maxposure Ltd IPO Subscription Status (Bidding Detail)
The Maxposure Ltd IPO is subscribed 654.329 times on 17 January 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 654.329 |
Maxposure Ltd IPO Prospectus
Maxposure Ltd IPO Listing Date
| Listing Date | 23 January 2024 |
| BSE Script | 92606 |
| NSE Symbol | MAXPOSURE |
| Listing In | NSE - SME |
| ISIN | INE0ECC01022 |
| IPO Price | ₹33 |
| Face Value | ₹10 |
Company Contact Information
Ground Flr 62 Okhla Ind EstatePhase 3 South Delhi,New Delhi-110020
Phone: +91 114 301 1111
Email: info@maxposuremedia.com
Website: www.maxposuremedia.com
Maxposure Ltd IPO Registrar
Maxposure Ltd IPO Lead Manager(s)
- GYR Capital Advisors Pvt Ltd
FAQ
What is the issue size of Maxposure Ltd IPO?
I have pre-applied for Maxposure Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.