Maxposure Limited
IPO Details
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Lot Distribution
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Company Fin.
₹80(242.42%)
Premium (ELP)
Maxposure Limited's successfully completed its Initial Public Offering and commenced trading on Jan 23, 2024 at the NSE exchange. The company raised 61,40,000 Shares through this public offering, comprising 61,40,000 Shares in fresh capital.
The IPO was priced within the band of ₹31 to ₹33, with minimum application lots of 4000 shares. The offering attracted significant investor interest during its subscription period from Jan 15, 2024 to Jan 17, 2024.
Share allotment was finalized on Jan 18, 2024, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
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.
Incorporated in August 2017, Maxposure Limited provides personalized media and entertainment services across multiple platforms, specializing in inflight entertainment, content marketing, technology, and advertising. The company’s Mumbai-based lab offers services such as custom editing, metadata creation, duplication, audio enhancement, encoding/transcoding for various formats, and post-production. Maxposure has a strong sales network in India with offices in Delhi, Mumbai, Bengaluru, and Kolkata, and has executed international projects for Gulf Air (Bahrain), Air Arabia (Sharjah), VFS (UAE), and Jazeera Airways (Kuwait), among others. For the three-month period ending September 30, 2023, and the financial years 2023, 2022, and 2021, the company generated revenues of ₹1,726.28 lakhs, ₹2,835.08 lakhs, ₹2,815.85 lakhs, and ₹1,940.76 lakhs from domestic operations, along with ₹289.86 lakhs, ₹343.84 lakhs, ₹452.15 lakhs, and ₹75.09 lakhs from international operations. As of October 31, 2023, Maxposure Limited employs 81 people.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Prakash Johari
- Sweta Johari
Maxposure Limited
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