DAPS Advertising IPO – Review, Allotment, Subscription, GMP & RHP
Last Updated Date: Aug 07, 2023Let’s have a detailed review of the company and analytics of the DAPS Advertising IPO release date, IPO offer price, subscription, DAPS Advertising Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs 30 |
| Listing At | BSE SME |
| Min. Order Quantity | 4000 Shares |
| Listing Date | Nov 14, 2022 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 510 Lakh |
| IPO Size | Rs 510 Lakh |
| Tick Size | 1 |
DAPS Advertising IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
DAPS Advertising IPO – Summary
DAPS Advertising Limited is an integrated advertising agency offering a comprehensive range of advertising media services consisting of print media, electronic media and outdoor media services which covers advertisement modes such as newspapers, brochures, magazines, television channels, FM channels and display of outdoor hoardings, etc.
The Promoter of this company is Akhilesh Chaturvedi, Dharmesh Chaturvedi and Paresh Chaturvedi. The lead manager to the issue is SHRENI SHARES PRIVATE LIMITED, and the Registrar to this issue is BIG SHARE SERVICES PRIVATE LIMITED.
DAPS Advertising IPO Date
The opening and closing dates of DAPS Advertising IPO are Oct 31, 2022, and Nov 3, 2022, respectively.
DAPS Advertising IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – 31st Oct | 0.40x | 1.56x | 0.98x |
| 2nd Day – 1st Nov | 2.17x | 4.91x | 3.54x |
| 3rd Day – 2nd Nov | 3.95x | 11.55x | 7.75x |
| 4th Day – 3rd Nov | 83.24x | 48.63x | 65.93x |
| Shares Offered or Net Issue | 804,000 | 804,000 | 1,608,000 |
The shares subscribed by the public will be updated here.
DAPS Advertising IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
DAPS Advertising Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | Nov 9, 2022 |
| Refunds Initiation | Nov 10, 2022 |
| Credit of Shares to Demat Account | Nov 11, 2022 |
| Share Listing Date | Nov 14, 2022 |
DAPS Advertising IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.30
DAPS Advertising IPO Equity Size
This Initial Public Issue of 1,700,000 Equity Shares of Rs.10 each for cash at a price of Rs.30 per equity share aggregating to Rs.510 Lakh.
DAPS Advertising IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 1,700,000 Equity Shares of Rs.10/ each.
Issue Size: 1,700,000 Equity Shares of Rs.10 each, aggregating to Rs.510 Lakh
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DAPS Advertising IPO – Live Performance
The listing date of this IPO is Nov 14, 2022. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – DAPS Advertising Share Price |
DAPS Advertising IPO Grey Market Premium
The DAPS Advertising Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
DAPS Advertising IPO – Company Overview
DAPS Advertising Limited is an integrated advertising agency offering a comprehensive range of advertising media services consisting of print media, electronic media and outdoor media services which cover advertisement modes such as newspapers, brochures, magazines, television channels, FM channels and display of outdoor hoardings etc .
The Company act as an intermediary between the clients and the media and its scope of services include assisting clients in choosing the optimal advertisement channel in accordance with their budget and regional preference, designing advertisement (through an in-house team or a third party), negotiating and booking ad space with chosen media agency and ensuring the publication of requisite advertisement.
The Company provides services mainly to corporate clients which operate in their respective business fields viz. construction, education, electronics, automobiles, FMCG, jewellery, apparel, insurance, housing, hospital, financial service providers, aviation, Government organizations etc.
DAPS Advertising IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | ||||
| 30-Sep-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Total Assets | 1728.85 | 1370.59 | 1193.58 | 1327.75 |
| *Total Revenue | 1466.09 | 1877 | 803.57 | 2037.32 |
| Total Expense | 1348.89 | 1731.07 | 790.26 | 1983.57 |
| Profit After Tax | 87.62 | 109.19 | 9.77 | 39.48 |
Earnings per Equity Share (in Lakh)
| 30-Sep-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Basic & Diluted | 2.52 | 3.14 | 0.28 | 1.14 |
Further, their PAT for the period ended on Sep 30, 2022, March 31, 2022, March 31, 2021, and March 31, 2020, were Rs. 87.62 Lakh, Rs. 109.19 Lakh, Rs. 9.77 Lakh and Rs. 39.48 Lakh respectively.
DAPS Advertising IPO – Promoters
The Promoter of this company is:
- Mr. Akhilesh Chaturvedi
- Mr. Dharmesh Chaturvedi
- Mr. Paresh Chaturvedi
List of Related Parties (Key Managerial Personnel)
- Akhilesh Chaturvedi
- Dharmesh Chaturvedi
- Paresh Chaturvedi
DAPS Advertising IPO – Promoters Holding
- Pre-Issue Share Holding – 96.66%
- Post Issue Share Holding – 64.91%
DAPS Advertising IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 1,700,000 Equity Shares aggregating up to Rs.510 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 92,000 Equity Shares aggregating up to Rs.27.60 Lakh |
| Net Issue to the Public | Up to 16,08,000 Equity Shares aggregating up to Rs.482.40 Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 804,000 Equity Shares |
| Other than Retail Individual Investors | Not more than 804,000 Equity Shares |
| Equity Shares outstanding prior to the Issue | 34,74,900 Equity Shares |
| Equity Shares outstanding after the Issue | 51,74,900 Equity Shares |
DAPS Advertising IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
- To Meet Working Capital Requirements
- To meet General Corporate Expenses
- To meet Issue Expenses
DAPS Advertising IPO – Business Strategy
- Expansion of our existing service portfolio
- Enhancing our existing customer base and continue to develop Client &Vendor relationships
- To continue focus on providing Quality Services
- To build up a professional organization
DAPS Advertising IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Accreditation with Indian Newspaper Society (INS)
- Experienced Promoters and Management Team
- Cordial relationship with Publication Houses and other advertising media firms
- Cordial relationship with clients leading to recurring business Leveraging the expertise of their Promoters
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-22 | 3.14 | 13.09 | 24.01 |
| 31-Mar-21 | 0.28 | 1.35 | – |
| Mar-20 | 1.14 | 5.52 | – |
DAPS Advertising IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| DAPS Advertising Limited | 10 | 9.55 | 3.14 | 13.09 | 1466.09 |
| Listed Peers | |||||
| Vertoz Advertising Limited | 10 | 36.28 | 3.09 | 11.06 | – |
| Pressman Advertising Limited | 2 | 20.42 | 1.92 | 10.03 | – |
DAPS Advertising IPO Lead Managers
| Lead Managers |
| SHRENI SHARES PRIVATE LIMITED Office No. 102, 1st Floor, Sea Lord CHS, Plot No. 1/B, 1/A, Survey No. A-12, Ram Nagar, Borivali (West), Mumbai- 400 092, Maharashtra, India. Telephone: +91-22-2808 8456 E-mail: shrenishares@gmail.com Investors Grievance e-mail: info@shreni.in Website: www.shreni.in Contact Person: Krunal Pipalia SEBI Registration Number: INM000012759 |
DAPS Advertising IPO Registrar to offer
| Registrar to the Offer |
| BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building Opp. Vasant Oasis, Makwana Road Marol, Andheri (East), Mumbai 400059, India Tel No.: +91-022-62638200 Fax No.: +91-022-62638299 Email: ipo@bigshareonline.com Investor Grievance Email: investor@bigshareonline.com Website: www.bighareonline.com Contact Person: Mr. Ashish Bhope SEBI Regn. No.: INR000001385 |
DAPS Advertising IPO – Other Details
- Statutory Auditor – M/s Kedia Gupta & Associates, Chartered Accountants.
- Peer Review Auditor – M/s Mansaka Ravi & Associates, Chartered Accountants
- Bankers to the Company – Central Bank of India and Kotak Mahindra Bank Limited
DAPS Advertising IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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DAPS Advertising Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
DAPS Advertising IPO Review FAQs
Check out various FAQs related to DAPS Advertising IPO:
What is the Issue Size of DAPS Advertising IPO?
The Company is making an initial public offer of 1,700,000 equity shares. We vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and the net issue.
What is the Price band of DAPS Advertising IPO?
The price band for this particular IPO ranges between Rs 30. As far as the face value of the share is of concern, it is Rs.10 per share.
What is the DAPS Advertising IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on Oct 31, 2022, while the closing date is set at Nov 3, 2022.
What is the DAPS Advertising IPO Allotment Date?
We also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Nov 9, 2022, refund initiation is on Nov 10, 2022, credit of shares is on Nov 11, 2022, and share listing date is on Nov 14, 2022.
What is the DAPS Advertising IPO Listing Date?
Shares of this company shall be listed in the exchanges Nov 14, 2022. The date, when the listing would be done, is stagnant on Nov 14, 2022.
Who is the Registrar of DAPS Advertising IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. Bigshare Services Private Limited. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of DAPS Advertising IPO?
Here are the promoters of this IPO – Akhilesh Chaturvedi, Dharmesh Chaturvedi and Paresh Chaturvedi. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is GMP of DAPS Advertising IPO?
We have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Is DAPS Advertising IPO good for Investment?
We have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of DAPS Advertising Company?
We have the information of company financials, and according to that, we have the figures from the last few years to provide. PAT for the financial year 2022 in Lakh is 109.19, 2021 is 9.77, 2020 is 39.48. PAT from Sep 2022 is 87.62.
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