Maagh Advertising IPO subscription is to open on Sep 26, 2022 and will close on Sep 29, 2022, the price band of the Maagh Advertising IPO price is fixed at ₹ 60. Maagh Advertising and Marketing Services is an advertising agency primarily offering creative and media services.
- About Maagh Advertising
- Objects of the Issue
- Maagh Advertising Limited Financials:
- Maagh IPO Price Details
- Maagh IPO DRHP & RHP
- Maagh IPO Lot Size
- Maagh IPO Lead Managers
- Maagh IPO Registrar
- Maagh IPO Allotment Date, Listing Date and other Important Dates
- Company Registered Office
- Company Promoters
- Maagh IPO FAQS
About Maagh Advertising
Maagh Advertising and Marketing Services is a advertising agency primary offering creative and media services. Maagh Advertising create and execute advertising campaigns across various media that help the clients business and brands grow. The company offer a complete range of designing, media and printing services.
The strength is media buying where we understand the clients marketing objective and use the correct media to achieve that objective. Maagh Advertising and Marketing Services are able to understand the various media available and use the right mix of media and the right prices to the achieve the client’s media objectives.
Objects of the Issue
- Funding the cost of Purchase of Software
- Purchase of Media Inventory
- General Corporate Purposes
Maagh Advertising Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
|---|---|---|---|
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 1,270.20 | 1,154.85 | 1,340.96 |
| Total income | 2,179.90 | 2,455.42 | 5,261.00 |
| Total Expenses | 2,038.34 | 2,269.92 | 5,072.79 |
| Profit After Tax | 55.38 | 75.97 | 82.37 |
Maagh IPO Price Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 15,20,000 Equity Shares of ₹ 10 (aggregating up to ₹ 912 lakhs) |
| Issue Open Date | 26-Sep-22 |
| Issue Close Date | 29-Sep-22 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 60 |
| Face Value | ₹ 10 |
| Market Lot | 2000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 2000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | MAAGHAD |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Maagh IPO DRHP & RHP
Maagh IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 2000 | ₹ 1,20,000 |
| Maximum | 1 | 2000 | ₹ 1,20,000 |
Maagh IPO Lead Managers
- Inventure Merchant Banker Services Private Ltd
Maagh IPO Registrar
- Satellite Corporate Services Private Limited
Maagh IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 26-Sep-22 |
| Bid / Offer Closes on | 29-Sep-22 |
| Finalisation of Basis of Allotment | 04-Oct-22 |
| Initiation of refunds | 06-Oct-22 |
| Credit of the Equity Shares | 07-Oct-22 |
| Listing Date | 10-Oct-22 |
Company Registered Office
302, 3rd Floor, Kuber Complex,
Opp. Laxmi Industrial Estate,
New Link Road, Andheri West,
Mumbai – 400053,
Maharashtra, India
Website: www.maaghadvertising.in
Company Promoters
- Miniboss Consultancy Private Limited
- Azharuddin R. Mulla
Maagh IPO FAQS
What is the Maagh IPO Price?
The Maagh IPO price band is 60 per share
When Maagh Advertising IPO will open?
The Maagh Advertising IPO opens on Sep 26, 2022 and closes on Sep 29, 2022
What is the lot size of Maagh Advertising IPO?
The Maagh Advertising IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares
Who is the Registrar for Maagh Advertising IPO?
The Registrar for Maagh Advertising IPO is Satellite Corporate Services Private Limited
How to apply in Maagh Advertising IPO through UPI?
Check the step by step process here – Click here
How to apply in Maagh Advertising IPO through Zerodha?
Check the step by step process here – Click here
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