Explore the Graphisads IPO details, from the opening date on November 30, 2023, to the listing date tentatively set for December 13, 2023. Delve into the price, lot size, and the company’s financial performance.
Introduction
The Graphisads IPO is set to make waves in the financial market, with a fixed price issue of Rs 53.41 crores. Dive into the details of this highly anticipated offering that promises growth and opportunities.
Graphisads IPO Key Dates
IPO Date: November 30, 2023, to December 5, 2023
Listing Date: December 13, 2023 (Tentative)
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Pricing and Lot Size
With an IPO price of ₹111 per share, the minimum lot size for an application is 1200 shares. Retail investors need a minimum investment of ₹133,200, while HNI investors can invest ₹266,400 in 2 lots (2,400 shares).
Company Information
Book Running Lead Manager: First Overseas Capital Limited
Registrar: Kfin Technologies Limited
Market Maker: Rikhav Securities
Graphisads IPO Details
- Face Value: ₹10 per share
- Total Issue Size: 4,812,000 shares (aggregating up to ₹53.41 Cr)
- Type: Fixed Price Issue IPO
- Listing At: NSE SME
Shareholding Pattern
- Pre-Issue: 13,464,500 shares
- Post-Issue: 18,276,500 shares
- Market Maker Portion: 242,400 shares
Reservation
The IPO offers 4,812,000 shares, with 47.48% each allocated to NII and RII. Retail investors and other categories also have their share in this exciting offering.
IPO Timeline (Tentative Schedule)
- IPO Open Date: November 30, 2023
- IPO Close Date: December 5, 2023
- Basis of Allotment: December 8, 2023
- Listing Date: December 13, 2023
Lot Size and Investment
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Investors can bid for a minimum of 1200 shares, with the table below depicting the investment details for retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹133,200 |
| Retail (Max) | 1 | 1200 | ₹133,200 |
| HNI (Min) | 2 | 2,400 | ₹266,400 |
Promoter Holding
The promoters of Graphisads Limited, Mr. Mukesh Kumar Gupta, Mr. Alok Mukesh Gupta, and Mrs. Padma Mukesh Gupta, exhibit strong pre-issue and post-issue shareholding.
About Graphisads Limited
Incorporated in 1987, Graphisads Limited stands as an integrated marketing, advertising, and communications agency. With a rich history of 35 years, the company provides 360-degree solutions to clients across various sectors.
Financial Performance
In the fiscal years 2021, 2022, and 2023, Graphisads recorded revenues of Rs. 4567.59 Lacs, Rs. 8917.07 Lacs, and Rs. 9843.4 Lacs, respectively. The financials demonstrate stability and growth, reflected in a 10.39% increase in revenue.
Key Performance Indicators (KPIs)
- Market Cap: Rs 202.87 Cr
- P/E (x): 26.88
- ROE: 12.99%
- EPS (Rs): 4.13
Objects of the Issue
The net proceeds from the Graphisads IPO will be utilized for purposes such as the repayment of borrowings, meeting working capital requirements, general corporate expenses, and issue expenses.
IPO Subscription Status
As of Day 1, the Graphisads IPO has garnered a subscription of 0.24 times. The retail category has seen a subscription of 0.37 times, indicating early investor interest.
Conclusion
With a strong financial standing, strategic market positioning, and a history of accolades, Graphisads Limited’s IPO presents an exciting investment opportunity. Stay tuned for further updates on this dynamic offering.
Note: This article is for informational purposes only and does not constitute financial advice. Investors are encouraged to conduct thorough research before making investment decisions.
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