Maxposure IPO subscription is to open on Jan 15, 2024 and will close on Jan 17, 2024, the price band of the Maxposure IPO is fixed at ₹ ₹ 31 – ₹ 33.
Maxposure is a diverse new-age media and entertainment company offering 360-degree services across multiple distribution platforms
Table of Contents
About Maxposure
Maxposure is a diverse new-age media and entertainment company offering 360-degree services across multiple distribution platforms. Specialising in customised solutions, the house of Maxposure stands on four pillars: Inflight Entertainment, Content Marketing, Technology and Advertising.
Objects of the Issue
- 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 working capital requirements of the company for manufacturing the Proposed Products and the working capital requirements of the company in the ordinary course of business;
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company; and
- General Corporate Purposes.
Maxposure Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
| Total Assets | 4,878.51 | 4,485.18 | 4,009.97 |
| Total income | 3,355.55 | 3,321.31 | 2,247.27 |
| Total Expenses | 2,750.06 | 3,281.22 | 2,198.17 |
| Profit After Tax | 441.21 | 34.96 | 36.22 |
Maxposure IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 61,40,000 Equity Shares of ₹ 10 (aggregating up to ₹ [.] Cr) |
| Issue Open Date | 15-Jan-24 |
| Issue Close Date | 17-Jan-24 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 31 – ₹ 33 |
| Face Value | ₹ 10 |
| Market Lot | 4000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 4000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | MAXPOSURE |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Maxposure IPO DRHP & RHP
Maxposure IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 4000 | 132,000 |
| Maximum | 1 | 4000 | 132,000 |
Maxposure IPO Lead Managers
- GYR Capital Advisors Private Limited
Maxposure IPO Registrar
Maxposure IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 15-Jan-24 |
| Bid / Offer Closes on | 17-Jan-24 |
| Finalisation of Basis of Allotment | 18-Jan-24 |
| Initiation of refunds | 18-Jan-24 |
| Credit of the Equity Shares | 19-Jan-24 |
| Listing Date | 22-Jan-24 |
Maxposure IPO – FAQS
What is the Maxposure IPO Price?
The Maxposure IPO price band is ₹ 31 – ₹ 33 per share
When Maxposure IPO will open?
The Maxposure IPO opens on Jan 15, 2024 and closes on Jan 17, 2024
What is the lot size of Maxposure IPO?
The Maxposure IPO lot size is 4000 Equity Shares and the minimum order quantity is 4000 Equity Shares
Who is the Registrar for Maxposure IPO?
The Registrar for Maxposure IPO is Bigshare Services Private Limited
How to apply in Maxposure IPO through UPI?
Check the step by step process here – Click here
How to apply in Maxposure IPO through Zerodha?
Check the step by step process here – Click here
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