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Maagh Advertising And Marketing Services Limited

Offer PeriodSep 26, 2022 – Oct 04, 2022
Listed Price
₹62.30
+3.83%
Price Band₹60 - ₹60
Lot Size2,000 Shares
Allotment DateOct 12, 2022
Listing DateOct 13, 2022
Subscription1.18 Times
Issue Size₹9.12 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

The public market debut of Maagh Advertising And Marketing Services Limited's was completed on Oct 13, 2022 with its listing on the BSE exchange. The IPO process raised 15,20,000 Shares in total capital, consisting of 15,20,000 Shares in new equity.

The offering featured a price range of ₹60 to ₹60 and minimum application size of 2000 shares. Investor response during the subscription period from Sep 26, 2022 to Oct 04, 2022 influenced the final allotment ratios across investor categories.

Final allotment was announced on Oct 12, 2022, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.

Maagh Advertising IPO Details
IPO Date
:
Sep 26, 2022 to Oct 04, 2022
Allotment Date
:
Oct 12, 2022
List Date
:
Oct 13, 2022
Lot Size
:
2,000 share
Issue Price
:
₹60 - ₹60
Issue Size
:
15,20,000 (aggregating up to 9.12 Cr)
Fresh Issue
:
15,20,000 (aggregating up to 9.12 Cr)
Offer For Sale
:
-
Listing At
:
BSE
Share Holding Pre-Issue
:
17,60,000
Share Holding Post-Issue
:
32,80,000
Market Marker Portion
:
76,000
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares15,20,000
Market Maker
5.00%(76,000)
NII (HNI)
47.50%(7,22,000)
RETAIL
47.50%(7,22,000)
Total
100.00%(15,20,000)
Maagh Advertising IPO Key Performance Indicators
Company Financials (In Lakhs)
Maagh Advertising IPO About Company

Incorporated in 2013, Maagh Advertising and Marketing Services Limited is an advertising agency offering comprehensive creative and media services. The company provides media services including print, outdoor, radio, social media, media planning, buying, and implementation; creative services such as concept development, print and outdoor advertisements, radio spots, online campaigns, logo design, and packaging design; and social media advertising including web design, SEO services, and digital campaigns. Additionally, the company handles public relations campaigns and product launches, relying on third-party suppliers, designers, media providers, and other service partners to fulfill client requirements.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

Maagh Advertising IPO Strength Factors
  1. Client Satisfaction: Consistently meets the expectations of its clients.
  2. Strong Digital Presence: Uses social media and digital advertising effectively to reach customers.
⚠️Maagh Advertising IPO Risk Factors

NA

🏦Maagh Advertising IPO Lead Manager(s)
Inventure Merchant Banker Services Private Limited
👤Maagh Advertising IPO Promoter(s)
  1. Miniboss Consultancy Private Limited
  2. Azharuddin R. Mulla
🏢Maagh Advertising IPO Company Details

Maagh Advertising And Marketing Services Limited

Phone:+91 22 4603 3045
address:302, 3rd Floor, Kuber Complex, Opp. Laxmi Industrial Estate, New Link Road, Andheri West, Mumbai – 400053
📋Maagh Advertising IPO Registrar

Satellite Corporate Services Private Limited

Name:Satellite Corporate Services Private Limited
Phone:+912228520461462
Maagh Advertising IPO FAQs
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