What you must know about Maxposure IPO?
by 5paisa Research Team
10 Jan 2024
Listing Details
- Listing Exchange NSE SME
- Listing Date 23-Jan-24
- IPO Price Range ₹ 31 to ₹ 33
- Listing Price ₹ 145
- Listing Change 339.4%
- Last Traded Price ₹ 97
- Current Change 193.9%
Maxposure IPO Details
- Open Date 15-Jan-24
- Close Date 17-Jan-24
- Lot Size 4000
- IPO Size ₹ 20.26 Cr
- IPO Price Range ₹ 31 to ₹ 33
- Min Investment ₹ 124000
- Listing Exchange NSE SME
- Basis of Allotment 18-Jan-24
- Refunds 19-Jan-24
- Credit to Demat Account 19-Jan-24
- Listing Date 22-Jan-24
Maxposure IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 15-Jan-24 | 3.54 | 68.45 | 112.78 | 72.58 |
| 16-Jan-24 | 6.79 | 175.90 | 295.74 | 188.84 |
| 17-Jan-24 | 162.35 | 1,947.55 | 1,034.23 | 987.47 |
Maxposure IPO Synopsis
Maxposure Limited IPO is all set to open from 15th January to 17th January 2024. Maxposure operates as a new-age media and entertainment company. The IPO includes a fresh issue of 6,140,000 shares worth ₹20.26 cr. The share allotment date is 18th January 2024, and the IPO will be listed on 22nd January 2024 on the stock exchanges. The price band is ₹31 to ₹33 per share and the lot size is 4000 shares.
GYR Capital Advisors Private Limited is the book-running lead manager for this IPO, while Bigshare Services Private Limited is the registrar.
Objectives of Maxposure IPO:
Maxposure Limited plans to utilize the raised capital from the IPO to:
● To fund the expenses related to 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)
● To fulfill working capital requirements for manufacturing the Proposed Products and for the ordinary course of business
● To repay or prepay outstanding borrowings availed by the company
● General corporate purposes.
About Maxposure
Incorporated in 2006, Maxposure Limited operates as a new-age media and entertainment company. It offers comprehensive services for different distribution platforms. The company offers services in four categories:
● Inflight Entertainment
● Content Marketing
● Technology
● Advertising
Maxposure undertakes content development, curation, moderation, translation and transcreation services. It specializes in curating content for in-flight entertainment (IFE) and recommending airlines tailored content on their IFE systems across films, TV shows, music, audiobooks, etc.
The company is a content and digital partner for several government departments as well as for major corporate companies in a wide range of industries including aviation, automobile, tourism, hospitality, retail, banking, lifestyle, fashion, real estate, and more.
Maxposure offers services in 21 foreign and regional languages, which include German, Russian, Arabic, Portuguese, Japanese, Chinese, French, Tamil, Marathi, Gujarati, Malayalam, Odia, and more. The company has managed projects for Indian clients such as Axis Bank, TAJ, DLF, and more along with global clients like Gulf Air (Kingdom of Bahrain), Air Arabia (Sharjah), VFS (UAE), and Jazeera Airways (Kuwait).
Peer Comparison
● Crayons Advertising Limited
For More Information:
Webstory on Maxposure IPO
Maxposure Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 31.79 | 32.68 | 20.16 |
| EBITDA | 7.07 | 1.05 | 1.19 |
| PAT | 4.41 | 0.35 | 0.36 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 48.79 | 44.85 | 40.09 |
| Share Capital | 3.32 | 3.32 | 3.32 |
| Total Borrowings | 17.71 | 18.19 | 13.79 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 0.71 | 1.02 | -1.91 |
| Net cash from / (used in) investing activities | -0.89 | 0.82 | -0.028 |
| Net cash flow from / (used in) financing activities | -0.37 | -1.79 | -0.78 |
| Net increase (decrease) in cash and cash equivalents | -0.55 | 0.043 | -2.73 |
Maxposure IPO Key Points
-
Strengths
1. The company has a fully integrated service portfolio offering result-oriented solutions.
2. It offers end-to-end services for content marketing and advertising.
3. It specializes in curating content for in-flight entertainment (IFE) and recommending airlines tailored content on their IFE systems across films, TV shows, music, audiobooks, etc.
4. It has a wide-spread domestic and international market presence.
5. Its customer base is diverse and spread across various industries.
6. The company uses technology-backed infrastructure to support innovative and quality solutions.
7. Well-experienced management team.
-
Risks
1. The advertising business is dependent on the availability of space or sites for publishing ads.
2. The company is dependent on major content owners, studios and production houses to source the content for in-flight entertainment.
3. High working capital requirements.
4. Operates in a significantly competitive market.
5. Reported Negative cash flow.
6. Exposed to foreign currency exchange rate fluctuations.
Maxposure
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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Maxposure IPO FAQs
When does the Maxposure IPO opens and closes?
Maxposure IPO opens from 15th January to 17th January 2024.
What is the size of Maxposure IPO?
The size of Maxposure IPO is ₹20.26 cr.
How to apply for the Maxposure IPO?
To apply for Maxposure IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Maxposure Limited IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
What is the GMP of the Maxposure IPO?
The GMP value of every IPO changes daily. To view today's GMP of Maxposure IPO visit https://www.5paisa.com/ipo/ipo-gmp
What is the price band of Maxposure IPO?
The price band of Maxposure IPO is ₹31 to ₹33 per share.
What is the minimum lot size and investment required for the Maxposure IPO?
The minimum lot size of Maxposure IPO is 4000 shares and the investment required is ₹1,24,000.
What is the allotment date of the Maxposure IPO?
The share allotment date of Maxposure IPO is 18th January 2024.
What is the Maxposure IPO listing date?
The Maxposure IPO will be listed on 22nd January 2024.
Who are the book runners for the Maxposure IPO?
GYR Capital Advisors Private Limited is the book-running lead manager for Maxposure IPO.
What is the objective of Maxposure IPO?
Maxposure Limited plans to utilize the raised capital from the IPO to:
1. To fund the expenses related to 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. To fulfill working capital requirements for manufacturing the Proposed Products and for the ordinary course of business.
3. To repay or prepay outstanding borrowings availed by the company.
4. General corporate purposes.
Contact Details of Maxposure IPO
Contact Information
Maxposure Limited
Ground Floor, 62,
Okhla Industrial Estate, Phase-3
South Delhi, New Delhi - 110 020,
Phone: +91 114 301 1111
Email: info@maxposuremedia.com
Website: https://maxposuremedia.com/
Maxposure IPO Register
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Maxposure IPO Lead Manager
GYR Capital Advisors Private Limited
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