HomeIPO SMEMaagh Advertising and Marketing Services IPO Details

Maagh Advertising and Marketing Services IPO Details

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Subscription StatusAllotment StatusListing Date

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.

Maagh Advertising IPO

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

DescriptionIPO Details
Public IssueInitial Public Issue of upto 15,20,000 Equity Shares of ₹ 10 (aggregating up to ₹ 912 lakhs)
Issue Open  Date26-Sep-22
Issue Close Date29-Sep-22
Issue TypeFixed 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 InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolMAAGHAD
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Maagh IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum12000₹ 1,20,000
Maximum12000₹ 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

DetailsDate
Bid / Offer Opens on26-Sep-22
Bid / Offer Closes on29-Sep-22
Finalisation of Basis of Allotment04-Oct-22
Initiation of refunds 06-Oct-22
Credit of the Equity Shares07-Oct-22
Listing Date10-Oct-22

Company Registered Office

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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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