Maxposure is scheduled to hit the market on January 15, 2024 and close on January 17, 2024. Maxposure plans to raise around ₹20.26 Cr through an IPO with a sale of up to 6,140,000 equity shares of ₹10 each. The Retail offered 35%, QIB Shares Offered 50%, HNI Shares Offered 15%.
Established on August 17, 2006, Maxposure Limited is a leading provider of tailored media and entertainment solutions spanning multiple platforms. With expertise in Inflight Entertainment, Content Marketing, Technology, and Advertising, the company offers a comprehensive suite of services.
Based in Mumbai, the company's state-of-the-art lab facility provides a spectrum of services, encompassing custom editing, metadata creation, duplication, audio enhancement, and encoding/transcoding capabilities for diverse systems and formats. Maxposure's offerings are segmented into four primary categories: inflight entertainment, content marketing, technology, and advertising.
Maxposure IPO Details
Maxposure IPO opens on Jan 15, 2024, and closes on Jan 17, 2024. The Listing date for Maxposure IPO is on Jan 22, 2024. The price band for IPO is ₹31 to ₹33 per share and lot size of 4000 Shares.
| IPO Date | Jan 15, 2024 to Jan 17, 2024 |
| Listing Date | Jan 22, 2024 |
| Price | ₹31 to ₹33 per share |
| Lot Size | 4000 Shares |
| Issue Size | ₹1,171.58 Cr |
| Face Value | ₹10 per share |
Maxposure IPO Tentative Timetable
Maxposure opening date is January 15, 2024 and close date is January 17, 2024. The IPO allotment date is January 18, 2024. The refund initiation of IPO is on January 19, 2024. The credit of shares in demat account is on January 19, 2024. The listing date is on January 22, 2024.
| Event | Date |
|---|---|
| IPO Opening | Jan 15, 2024 |
| IPO Closing | Jan 17, 2024 |
| IPO Allotment Date | Jan 18, 2024 |
| Refund Initiation | Jan 19, 2024 |
| Shares Credit to Demat | Jan 19, 2024 |
| Lisiting Date | Jan 22, 2024 |
Maxposure IPO Lot Size
Lot Size of this IPO is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹132,000).
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail(Minimum) | 1 | 4000 | ₹132,000 |
| Retail(Maximum) | 1 | 4000 | ₹132,000 |
| HNI (Minimum) | 2 | 8000 | ₹264,000 |
Maxposure IPO Promoter Holding
| Pre Issue Share Holding | 84.35% |
| Post Issue Share Holding | 61.58% |
Maxposure IPO Review
Maxposure Limited exhibits a commendable operational reach, not only with a robust sales network spanning major cities in India like Delhi, Mumbai, Bengaluru, and Kolkata but also through successful project implementations in international territories such as the Indian subcontinent and the Middle East. These ventures include collaborations with esteemed entities like Gulf Air, Air Arabia, and Jazeera Airways, emphasizing the company's ability to cater to diverse markets and meet global demands. Financially, Maxposure Limited has showcased consistent revenue growth from both domestic and international operations over the past few years, reflecting its resilience and adaptability to varying market conditions.
Maxposure Limited's financial trajectory manifests a combination of stability and exponential growth. Notably, the company witnessed a substantial 1.03% rise in revenue, coupled with an astronomical 1162.04% surge in profit after tax (PAT) between FY 2022 and FY 2023. Such stellar financial metrics, including an ROE of 14.39%, ROCE of 19.55%, and a favorable Debt/Equity ratio of 0.03, accentuate the firm's operational efficiency, prudent financial management, and growth potential. Additionally, the post-issue EPS of ₹3.26, paired with a post-issue P/E ratio of 10.12, presents an attractive valuation proposition for prospective investors.
The impending IPO of Maxposure Limited is poised to catalyze its growth initiatives and bolster its market positioning. The earmarking of IPO proceeds towards obtaining critical certifications from regulatory bodies like the Federal Aviation Administration (FAA) and the European Union Aviation Safety Agency (EASA) signifies the company's commitment to product innovation and quality assurance. Furthermore, allocating resources for manufacturing the Proposed Products, including the Wireless Streaming Server (“AeroHub”) and Patented Inviseo tray table, underscores Maxposure's intent to diversify its product portfolio and cater to evolving industry needs. Additionally, the proposed prepayment or repayment of outstanding borrowings aligns with the company's strategy to optimize its capital structure and enhance financial flexibility. Ultimately, directing funds towards general corporate purposes ensures Maxposure Limited remains agile, competitive, and poised for sustained growth in the dynamic aviation and technology sectors.
Maxposure IPO Subscription Status (Bidding Details)
Table not foundMaxposure IPO Broker Recommendations
- Capital Market: To be updated soon
- Anand Rathi: To be updated soon
- SMC Global: To be updated soon
- Arihant Capital: To be updated soon
Maxposure IPO FAQs
What is Maxposure IPO?
Maxposure is issuing 6,140,000 equity shares with a face value of ₹10 each, totaling up to ₹20.26 Cr. The shares are being offered at a price of ₹31 to ₹33 each, with a minimum order quantity of 4000 shares.
Bigshare Services Pvt Ltd is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.
When Maxposure IPO will open?
Maxposure will open on January 15, 2024 for QIB, NII, and Retail Investors.
When Maxposure IPO will end?
Maxposure will end on January 17, 2024.
What is Maxposure IPO Size?
Maxposure IPO size is ₹20.26 Cr.
What is Maxposure IPO Price Band?
Maxposure price band is ₹31 to ₹33 per share.
What is the Maxposure IPO Allotment Date?
Maxposure allotment date is January 18, 2024.
What is the Maxposure IPO Listing Date?
Maxposure listing date is January 22, 2024. The IPO is to be listed on BSE and NSE.
How to Maxposure IPO through Zerodha?
To apply for the IPO “Maxposure” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.
How to Apply Maxposure IPO through Upstox?
To apply for the IPO “Maxposure” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.
How to check Maxposure IPO Allotment Status?
For Maxposure IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.
What is Maxposure IPO GMP?
You can check out here: Maxposure IPO GMP