Maxposure IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Jan 12, 2024Let’s have a detailed review of the company and analytics of the Maxposure IPO release date, IPO offer price, subscription, Maxposure 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 31 to Rs 33 |
| Listing At | NSE, SME |
| Min. Order Quantity | 4000 Shares |
| Listing Date | January 22, 2024 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 2026 Lakh |
| IPO Size | Rs 2026 Lakh |
| Tick Size | 1 |
Maxposure IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – Maxposure Share Price |
Maxposure IPO – Summary
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.
They are one of the few marketing and communication companies to have successfully transitioned from print to digital media marketing segment and to have expanded its services across all verticals of aviation, travel, government and hospitality industries.
The Promoter of this company is PRAKASH JOHARI AND SWETA JOHARI. The lead manager of the issue is GYR Capital Advisors Private Limited, and the Registrar of this issue is BIG SHARE SERVICES PRIVATE LIMITED.
Maxposure IPO Date
The opening and closing dates of the Maxposure IPO are January 15, 2024, and January 17, 2024, respectively.
Maxposure IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – 15th Jan | ||||
| 2nd Day – 16th Jan | ||||
| 3rd Day – 17th Jan | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
Maxposure 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.
Maxposure Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | January 18, 2024 |
| Refunds Initiation | January 19, 2024 |
| Credit of Shares to Demat Account | January 19, 2024 |
| Share Listing Date | January 22, 2024 |
Maxposure IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs 31 to Rs 33
Maxposure IPO Equity Size
This Initial Public Issue of 6,140,000 Equity Shares of Rs.10 each for cash at a price of Rs 31 to Rs 33 per equity share aggregating to Rs.2026 Lakh.
Maxposure IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 6,140,000 Equity Shares of Rs.10/ each.
Issue Size: 6,140,000 Equity Shares of Rs.10 each, aggregating to Rs.2026 Lakh
Open Free Demat Account Now!
Maxposure IPO – Live Performance
The listing date of this IPO is January 22, 2024. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Maxposure Share Price |
Maxposure IPO Grey Market Premium
The Maxposure Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X.
Maxposure IPO – Company Overview
Their Company through its long-standing experience and award-winning services has been able to diversify its offerings to include a wide spectrum of in-flight experiences, ranging from curated entertainment on IFE systems, on-board communication through hi-tech patented solutions, innovative inflight magazines, sampling on board, and strategic ambient advertising.
Moreover, their Company also offers strategic and innovative advertisement platforms to an advertiser to target a flyer at every step of the journey starting from pre-boarding, on-board, and post-boarding. Generally, in order to stream content on board, the aeroplane needs to have an in-built entertainment system, in which content can be fed and streamed.
However, in order to cater to low-budget airlines, their Company has devised a hardware solution, called ‘AeroHub’, through which content can be streamed wirelessly on the personal devices of the passengers in a cost-effective manner.
Maxposure 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-23 | 31-Mar-23 | Mar-22 | 31-Mar-21 | |
| Total Assets | 5,355.21 | 4,878.51 | 4,485.18 | 4,009.97 |
| *Total Revenue | 2,059.05 | 3,355.55 | 3,321.31 | 2,247.27 |
| Total Expense | 216.94 | 164.28 | 5.13 | 12.88 |
| Profit After Tax | 370.83 | 441.21 | 34.96 | 36.22 |
Earnings per Equity Share (in Lakh)
| 30-Sep-23 | 31-Mar-23 | Mar-22 | 31-Mar-21 | |
| Basic & Diluted | 1.12 | 1.33 | 0.11 | 0.11 |
Further, their PAT for the period ended on March 31, 2023, March 31, 2022, and March 31, 2021, were Rs. 441.21 Lakh, Rs. 34.96 Lakh and Rs. 36.22 Lakh respectively.
Maxposure IPO – Promoters
The Promoter of this company is:
- PRAKASH JOHARI
- SWETA JOHARI
List of Related Parties (Key Managerial Personnel)
- Prakash Johari, Chairman and Managing Director
- Sweta Johari, Whole-time Director
- Massimo Angelo Antonio Monti, Non-Executive Director
- Dr. Torsten-Jörn Klein, Independent Director
Maxposure IPO – Promoters Holding
- Pre-Issue Share Holding – 84.35%
- Post-Issue Share Holding – 61.58%
Maxposure IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 6,140,000 Equity Shares aggregating up to Rs.2026 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 37,2,000 Equity Shares aggregating up to Rs.[●] Lakh |
| Net Issue to the Public | Up to 57,68,000 Equity Shares aggregating up to Rs.[●] Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 20,48,000 Equity Shares |
| Other than Retail Individual Investors | Not more than 8,80,000 Equity Shares |
| Equity Shares outstanding prior to the Issue | 1,66,00,950 Equity Shares |
| Equity Shares outstanding after the Issue | 2,27,40,950 Equity Shares |
Maxposure IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
- 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 their Company for manufacturing the Proposed Products and the working capital requirements of their Company in the ordinary course of business.
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by their Company; and
- General Corporate Purposes.
Maxposure IPO – Business Strategy
- Investment in their Technology Division with the intent of creating an innovative product portfolio
- Strengthen their In-flight entertainment division by diversifying their in-flight content
- Strengthen their content marketing division by expanding beyond India
- Pursue strategic alliances and select acquisition and investment opportunities
Maxposure 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:
- Experienced Promoters and Management Team;
- Long-standing relationships with customers;
- Efficient operational team;
- Consistent financial performance;
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-23 | 2.66 | 14.20% | 9.36 |
| 31-Mar-22 | 0.21 | 1.31% | – |
| Mar-21 | 0.22 | 1.38% | – |
Maxposure IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Maxposure Limited | 10 | [●] | 1.37 | 14.39 | 3,355.55 |
| Listed Peers | |||||
| Crayons Advertising Limited | 10 | 17.91 | 9.22 | 4.33 | 27,568.45 |
Maxposure IPO Lead Managers
| Lead Managers |
| GYR Capital Advisors Private Limited (Formerly known as Alpha Numero Services Private Limited) 428, Gala Empire, Near JB Tower, Drive in Road, Thaltej, Ahmedabad-380 054, Gujarat, India. Telephone: +91 +91 877 756 4648 Facsimile: N.A. Email ID: info@gyrcapitaladvisors.com Website: www.gyrcapitaladvisors.com Investor Grievance ID: investors@gyrcapitaladvisors.com Contact Person: Mr. Mohit Baid SEBI Registration Number: INM000012810 |
Maxposure IPO Registrar to offer
| Registrar to the Offer |
| Bigshare Services Private Limited Office No. 56-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri East, Mumbai – 400 093, Maharashtra, India. Telephone: +91 22 6263 8200 Facsimile: +91 22 6263 8280 Email: ipo@bigshareonline.com Website: www.bigshareonline.com Investor Grievance Email: investor@bigshareonline.com Contact Person: Mr. Babu Rapheal C. SEBI Registration Number: INR000001385 |
Maxposure IPO – Other Details
- Statutory Auditor – Manish Pandey And Associates
- Legal Counsel to the Company – T&S Law
- Bankers to the Company – lndusInd Bank Limited and HDFC Bank Limited
Maxposure 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 |
Subscribe to Maxposure IPO
Maxposure Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Maxposure IPO Review FAQs
Check out various FAQs related to Maxposure IPO:
What is the Issue Size of Maxposure IPO?
The Company is making an initial public offer of 6,140,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Maxposure IPO?
The price band for this particular IPO ranges between Rs 31 to Rs 33. As far as the face value of the share is concerned, it is Rs. 10 per share.
What is the Maxposure IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on January 15, 2024, while the closing date is set at January 17, 2024.
What is the Maxposure IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on January 18, 2024, refund initiation is on January 19, 2024, credit of shares is on January 19, 2024, and share listing date is on January 22, 2024.
What is the Maxposure IPO Listing Date?
Shares of this company shall be listed in the exchanges on January 22, 2024. The date, when the listing would be done, is stagnant on January 22, 2024.
Who is the Registrar of Maxposure 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 Maxposure IPO?
Here are the promoters of this IPO – PRAKASH JOHARI AND SWETA JOHARI. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Maxposure IPO?
They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are also included in this report.
Is Maxposure IPO Good for Investment?
They 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 Maxposure Company?
They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2023 in Lakh is 441.21, 2022 is 34.96, and 2021 is 36.22. PAT from Sep 2023 is 370.83.
Calculate your return on investment!
Asset Class
ROI (Rs.)
Profit (Rs.)
Profit (%)
IPO
Equity
Savings
Real Estate
Gold
Bonds
Fixed Deposit
Mutual Fund
Featured Topics