IPO

Maxposure Ltd. IPO

Maxposure Ltd., established in 2006, operates in the Entertainment & Media sector. The company's IPO opened on January 15, 2024 and closed on January 17, 2024, with an issue price of ₹33. The ... Read more

Min Investment
₹ 1,32,000 / 4000 shares
Price Range
₹31 - ₹ 33
Bidding Dates
15 Jan '24 - 17 Jan '24
Total Issue Value
20.26 Cr
Lot Size
4,000
Total Issue Size
20.26 Cr
Listing At
NSE SME
Subscription
889.84 times
NSE Price
87.95 (166.52%)

IPO Timeline

  • 15 Jan 2024
    Bidding Starts
  • 17 Jan 2024
    Bidding Ends
  • 18 Jan 2024
    Allotment Finalization
  • 22 Jan 2024
    Listing

About Maxposure Ltd.

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. Our ... Read more

Parent organisation
Founded
Maxposure Ltd.
2006

Maxposure Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 17,30,400 (28.18%)
Market Makers 3,72,000 (6.06%)
Non Institutional Investors 8,65,200 (14.09%)
Qualified Institutional Buyers (QIBs) 11,53,600 (18.79%)
Retail Individual Investors (RIIs) 20,18,800 (32.88%)

Maxposure Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 43.67 Cr 6.83 Cr 33.49 Cr
31 Mar 2023 33.56 Cr 4.41 Cr 27.75 Cr
31 Mar 2022 33.21 Cr 34.96 Lakh 23.34 Cr

Maxposure Ltd. Background

Major Events And Milestones
  • 2006
    Our Company is incorporated with the launch of premium lifestyle and popular publication.
  • 2008
    Our Company continued its multi-pronged growth in the Indian market, by executing a timebound license agreements for popular international titles like ‘UK-based FHM’ and Italy-based ‘Estetica’ in India. Our Company, pursuant to the said agreements promoted licensed work and material in India, whose rights were owned by FHM and Estetica.
  • 2009
    Our Company entered the in-flight publishing space with SpiceJet.
  • 2010
    Our Company was appointed as a publication service provider by Mercedes-Benz India Private Limited to create exclusive lifestyle content for its magazine titled ‘Mercedes Magazine’ and for the website of the said magazine.
    Our Company acquired licence from Meridith Corporation, an Amercian media conglomerate based out of Iowa, for publishing, promoting, sell and distributing a periodical magazine under the title Diabetic Living® (including online electronic version on a promotional website) in India, Sri Lanka and Nepal
    Our Company executed projects with prominent brands like ICICI Prudential Life Insurance Company Limited, Axis Bank, Daimler India, Ashok Leyland, Nissan, etc.
  • 2011
    Our Company was acquired by Gruner + Jahr, a fully-owned subsidiary of Germany-based Bertelsmann Group, a leading media conglomerate.
    Our Company won the tender of Air India Limited, for their in-flight magazine, after the amalgamation of Indian Airlines and Air India.
  • 2013
    Our Company received the exclusive right to publish, sell and distribute French fashion magazine L’Officiel in India.
    Our Company entered into an arrangement with DLF Utilities Limited for publication of a mall magazine for their shopping mall, DLF Promenade located in Vasant Kunj, New Delhi.
  • 2014
    Our Company set up an events division equator and organised successful celebrity events with renowned guest-lists
    Our Company won the first Government of India project with Ministry of External Affairs for publication of “India Perspectives”, a bi-monthly periodical, along with undertaking translation in 14 Indian and foreign languages; for circulating among the Indian missions worldwide.
    In a watershed move to strengthen its creative content businesses and make inroads into newage media, our Promoter bought back our Company from Gruner + Jahr.
  • 2015
    Our Company with the intent of exiting consumer publishing, strengthened its foothold in corporate publishing with associations with Aditya Birla Group (for Pantaloons Fashion & Retail Limited), Landmark Group (for Lifestyle International Private Limited) and Fashion Design Council of India, for designing and publishing of their respective magazines.
    Our Company received prestigious projects including Rail Bandhu, on-board magazine for premium trains of Indian Railway.
    Our Company strategised and launched Vistara magazine, the debut inflight foray of Vistara Airline, a JV between Tata Group and Singapore Airlines
    Our Company successfully executed work on two major coffee table publications with the Ministry of External Affairs to celebrate the ‘First international day of Yoga’ celebrated in the world and ‘India-Africa Shared Destiny’ for the India Africa Summit. 2016
    Our Company associated with Gulf Air, the national carrier of Bahrain and Air Arabia, a lowcost carrier out of Middle East. Pursuant to the said association, the services of our Company were engaged for inter alia, creation of editorial content for the in-flight magazines for the said airlines and for canvassing and sale of all advertisement space in the said magazines.
  • 2017
    Our Company bagged projects for hospitality major Oberoi Group of Hotels and Wadia Group’s Go Air; and Tata-Air Asia for 2017 their respective publications.
  • 2018
    Our Company was appointed as the agency for content creation and translation for Incredible India website and mobile application for Ministry of Tourism, to create content in 21 domestic and international languages, thereby establishing foothold in new-age content and digital marketing.
    Our Company wins tender for Air India in-flight magazine, third time in a row.
    Our Company established new vertical Cityscape, a destination video and guide series for airlines.
    Our Company associated with IndiGo for the launch of Hello6E, in an innovative in-flight magazine format
  • 2019
    Our Company received the mandate from Indian Hotels Company Limited to work on “Tajness- The IHCL Magazine”, an internal communication of Taj hotels.
    Our Company established new vertical Cityscape, a destination video and guide series for airlines.
    Bagged Mercedes contract for the third time, taking our association to over a decade.
    Our Company acquired patents of Inviseo Tray Table globally, to diversify its business in the in-flight advertising space
    Our Company to strengthen advertising reach in aviation industry, launched Aviation OOH, an innovative advertising solution for ambient media.
  • 2020
    Our Company was awarded the contract to work with Uttarakhand Tourism Development Board for its digital platforms – website, social media, geo-tagged mobile application etc
    Our Company ventured into in-flight entertainment with clients like Air India.
    Our Company invested in its technology division to develop technology products and platforms to compliment and expand service offerings in in-flight entertainment and content marketing businesses.
    Our Company’s technology division starts development of a wireless media serve, AeroHub, which is designed for streaming HD quality content on-board aircraft.
  • 2021
    Our Company established an ‘Aero Lab’ in Mumbai for production services, content integration and preparation of hard discs with content for uploading content on the aircrafts/IFE systems of an airline.
    Our Company wins the key digital and social media account of Madhya Pradesh Tourism and IIT Madras, Chennai, by setting up its own team in Bhopal and Chennai, respectively.
  • 2023
    Our Company was appointed as the agency for managing digital media and running the engagement campaign for Ekatma Dham, a prestigious project under the Government of Madhya Pradesh and expanding our team further in Bhopal.
    Our Company’s technology division starts research and development on Smart Trip Planner, a user-friendly, real-time travel planning digital innovation.
    Our Company has acquired Bluebird Advertisement Private Limited.
Maxposure Ltd. Object of Issues

1. 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
2. Funding working capital requirements of our Company for manufacturing the Proposed Products and the working capital requirements of our Company in the ordinary course of business
3. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company
4. General corporate purposes

Maxposure Ltd. IPO Listing Details
Listing Date
22 Jan 2024
NSE Symbol
MAXPOSURE
ISIN
INE0ECC01022
Final Issue Price
₹ 33
Maxposure Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 33.00
Open - ₹ 145.00
Low - ₹ 137.75
High - ₹ 145.00
Last Trade - ₹ 137.75
Maxposure Ltd. Company Promoters

1. Prakash Johari
2. Sweta Johari

Industry Overview

Our Company operates in the media and entertainment industry including but not limited to in-flight entertainment, content marketing, technology and advertising.

The global in-flight entertainment & connectivity market is projected to grow from $7.48 billion in 2023 to $21.03 billion ... Read more

Maxposure Ltd. Contact Details
Address: #The Address, Plot No. 62, Okhla Industrial Area, Phase III, New Delhi Delhi - 110020
Phone no:43011111
43011111
|
Maxposure Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Maxposure Ltd. IPO Lead Manager(s)
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower, Drive-In Road, Thaltej, Ahmedabad Gujarat - 380054

FAQs

When does Maxposure Ltd. IPO opens and closes?

Maxposure Ltd. IPO opens from 15th January to 17th January 2024.

What is the size of Maxposure Ltd. IPO?

The size of the Maxposure Ltd. IPO is ₹20.26 Cr.

What is the price range of Maxposure Ltd. IPO?

The price range of Maxposure Ltd. IPO is at ₹31 to ₹33 per share.

What is the minimum investment and lot size required for the Maxposure Ltd. IPO?

The minimum investment required is ₹1,32,000 and minimum lot size is 4000 shares.

When is Maxposure Ltd. IPO listing date?

The Maxposure Ltd. IPO will be listed on 22nd January 2024.

What is the objective of Maxposure Ltd. IPO?

1. 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
2. Funding working capital requirements of our Company for manufacturing the Proposed Products and the working capital requirements of our Company in the ordinary course of business
3. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company
4. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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