Maxposure Limited IPO : Important Dates

Maxposure Limited IPO is set to launch on 15 January, 2023. The company initiated its business operations in the year 2006. It is involved in the business of providing personalised entertainment and media services. The company’s speciality is Content Marketing, Inflight Entertainment, Advertising and Technology. The lab facility in Mumbai allows various benefits for the company like Metadata creation, custom editing, audio enhancement, duplication, post production services etc. Its offices are established at multiple locations like Mumbai, Delhi, Kolkata and Bengaluru. The company has also worked on projects from outside India. It employs 81 people currently.

Maxposure Limited IPO DETAILS

Maxposure Limited IPO is set to launch on 15 January, 2023. The subscription timeline extends till 17 January, 2023. The size for the IPO is 20.26 Crore Rs. Shares issued through fresh issue mode are worth 20.26 Crore Rs. No shares are issued through offer for sale mode. The lot size is 4000 shares and the price is 31 Rs per share to 33 Rs per share. The company is going to get listed at NSE SME. The face value per share is Rs.10 and this is a Book Built issue. The registrar for the company is BigShare Services Private Limited.

Tabular Description of Maxposure Limited IPO

IPO OPENING DATE	15 January, 2023
CLOSING DATE FOR IPO	17 January, 2023
ISSUE TYPE	Book Built Issue
Face Value per share	10 Rs. per share
IPO price band	31 Rs per share to 33 Rs per share
LOT SIZE	4000 shares
MINIMUM ORDER QUANTITY	4000 shares
ISSUE SIZE	20.26 Crore Rs.
OFFER FOR SALE	No shares are issued through offer for sale mode
FRESH ISSUE	20.26 Crore Rs.
LISTING AT	NSE SME
LISTING DATE	22 January, 2023

Maxposure Limited IPO : IMPORTANT DATES

IPO OPENING DATE	15 January, 2023
CLOSING DATE FOR IPO	17 January, 2023
IPO ALLOTMENT DATE	18 January, 2023
REFUNDS	19 January, 2023
DEMAT A/C CREDITED ON	19 January, 2023
IPO LISTING DATE	22 January, 2023

Maxposure Limited IPO begins for subscription from 15 January, 2023. The IPO subscription would continue till 17 January, 2023. The allotment status for the shareholders who applied would come on 18 January, 2023. The refunds for the ones who did not get allotment would be initiated on 19 January, 2023. The DEMAT accounts of shareholders would be credited on 19 January, 2023. The listing of the company would be completed on 22 January, 2023.

Maxposure Limited IPO : Lead Managers

The lead managers are :

• GYR Capital Advisors Private Limited

The minimum lot size for the company is decided at 4000 shares. This holding accounts to 132000 Rs.. The maximum lot size is decided at 8000 shares (HNI). This amounts to 264000 Rs.. Hence the company’s final holdings would be set as :

	Shares	Amount
Minimum	4000 shares	132000 Rs.
Maximum	8000 shares	264000 Rs.

OBJECTIVES FOR THE IPO

• IPO proceeds would be used for general corporate purposes.
• The company will use the IPO money for further working capital requirements.

COMPANY FINANCIALS

Particularly (in Lakh Rs.)	2020-21	2021-22	2022-23
Asset	4009	4485	4878
Revenue	2247	3321	3355
PAT	36	34	441

Maxposure Limited had an asset base of 4009 Lakh Rs in 2021 which increased to 4485 Lakh Rs in 2022 and 4878 Lakh Rs in 2023. The revenue of the firm was 2247 Lakh Rs in 2021 which increased to 3321 Lakh Rs in 2022 and 3355 Lakh Rs in 2023. The profit of the firm was 36 Lakh Rs in 2021 which decreased to 34 Lakh Rs in 2022. However in 2023 the profit of the company jumped to a mega 441 Lakh Rs.

PROS

• The company’s speciality is Content Marketing, Inflight Entertainment, Advertising and Technology.
• The lab facility in Mumbai allows various benefits for the company like Metadata creation, custom editing, audio enhancement, duplication, post production services etc.
• Its offices are established at multiple locations like Mumbai, Delhi, Kolkata and Bengaluru.
• The company has also worked on projects from outside India. It employs 81 people currently.

CONS

• The company works in a highly competitive segment.

Maxposure Limited IPO Application Process with Zerodha

It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :

1. Logging into Zerodha console through its website or KITE platform. Clicking the IPO section present in the ORDER tab.
2. Click the Maxposure Limited IPO button and press the BID button.
3. Entering the details asked for like UPI ID, Quantity and price.
4. Submit the application form for the IPO.
5. Visiting the application of UPI for approving the transaction.

Now, applying for an IPO online is possible with most of the Discount and online brokers.