Maxposure Limited, a pioneer in personalized media and entertainment services, is set to make waves with its Initial Public Offering (Maxposure IPO). Let’s delve into the key aspects shaping this financial milestone.
IPO Subscription Details:
Subscription Window: January 15, 2024, to January 17, 2024 Allotment Date: January 18, 2024 Listing Date: January 22, 2024
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Maxposure IPO Price Band and Lot Size:
With a price band of ₹31 to ₹33 per share, Maxposure IPO offers a fresh issue of 6,140,000 shares. The minimum lot size is 4000 shares, making it an attractive proposition for investors.
Key Financials and Market Presence:
Maxposure Limited, incorporated in 2006, dominates the market with services spanning Inflight Entertainment, Content Marketing, Technology, and Advertising. Boasting a diverse clientele, the company earned revenues of ₹1726.28 lakhs domestically and ₹289.86 lakhs internationally during the quarter ending September 30, 2023.
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Maxposure IPO Timeline:
- IPO Opens: January 15, 2024
- IPO Closes: January 17, 2024
- Basis of Allotment: January 18, 2024
- Refund Initiation: January 19, 2024
- Share Credit to Demat: January 19, 2024
- Listing Date: January 22, 2024
Investment Insights – Lot Size and Promoter Holding:
Investors can participate with a minimum bid of 4000 shares, and the promoter holding pre-issue stands at 84.35%, showcasing confidence in the company’s potential.
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Maxposure IPO Objectives:
The funds raised from the IPO will primarily be allocated to:
- Obtaining certifications for key products.
- Meeting working capital needs.
- Repaying outstanding borrowings.
- General corporate purposes.
About Maxposure Limited:
Founded in 2006, Maxposure is a Mumbai-based company offering tailored media and entertainment services. The company’s robust sales network spans Delhi, Mumbai, Bengaluru, and Kolkata, with successful international projects in the Middle East.
Financial Performance and Key Indicators:
Maxposure Limited’s market capitalization is Rs 75.05 Cr, showcasing robust financial health. Key performance indicators include an ROE of 14.39%, ROCE of 19.55%, and a Debt/Equity ratio of 0.03.
Peer Comparison and Risks:
While Maxposure’s strengths lie in its integrated service portfolio and diverse customer base, risks include dependence on ad space availability and foreign currency exchange rate fluctuations.
Conclusion:
Maxposure IPO opens doors to a new era in media and entertainment investments. Aspiring investors should carefully analyze the prospectus and market dynamics before seizing this golden opportunity. The IPO promises growth and innovation in the dynamic landscape of media and entertainment services.
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