Here is a full Summary of Maxposure Limited SME IPO Details. Keep visiting daily for important dates. You can bid for this IPO between 15th Jan 2024 to 17th Jan 2024. You can apply through a minimum amount of ₹132000, 4000 shares (1 Lot) and between the price range of ₹31 to ₹33.
Table of Contents
ABOUT COMPANY
Maxposure Limited was incorporated in 2006 as a private limited company and later converted into a limited company. The company’s registered office at the time of incorporation was located at Le-Meridian Hotel, Business Center, 2nd Floor, Windsor Place, New Delhi – 110 001, Delhi, India.
Maxposure is a media and entertainment company that provides 360-degree services across multiple platforms, including inflight entertainment, content marketing, technology, and advertising. They specialize in customized solutions.
The company has a longstanding working relationship with major content owners, studios and production houses of the world along with leading original equipment manufacturers of airlines.
PROMOTORS
Prakash Johari is the promoter of the Company.
THE ISSUE
The company is offering 61,40,077 shares for sale.
IPO Issue Size – ₹20.26 Cr
Minimum Investment – ₹132000
MAXPOSURE LIMITED IPO IMPORTANT DATES
| Opening Date | 15th Jan 2024 |
| Closing Date | 17th Jan 2024 |
| Allocation Date | 18th Jan 2024 |
| Refund Initiation Date | 19th Jan 2024 |
| Demat Transfer Date | 19th Jan 2024 |
| IPO Listing Date | 22nd Jan 2024 |
| Issue Price | ₹33 Per Share |
| Lot Size | 4000 Shares |
| Face Value | ₹10 Per Share |
Also Read : Medi Assist Healthcare Service Ltd IPO Details
PURPOSE OF THE IPO
The company is required to use funds for the following reasons:
- Funding of expenses proposed to be incurred towards 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”);
- Funding of working capital requirements of the Company;
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company; and
- General Corporate Purposes.
MAXPOSURE LIMITED IPO FINANCIAL INFO
| Period | 30 June 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Total Assets | 52.62 | 48.85 | 44.85 | 40.09 |
| Revenue | 12.34 | 33.55 | 33.21 | 22.47 |
| Profit After Tax | 1.24 | 4.48 | 0.34 | 0.36 |
| Total Borrowing | 6.84 | 3.33 | 2.93 | 4.18 |
Financially company is good to invest for the long term. The company has low profit ratio but assets and revenue are increasing year on year. This year the debt of the company are increased to 6 crore that is the worrying thing otherwise the IPO is good to invest.
We/I are not SEBI Registered, we advise accordingly our research please bid for IPO at your own risk.
