Maxposure IPO Date, Review, Price, Allotment Details

Maxposure IPO Details: Maxposure’s initial public offering date has been decided upon: it will open for business on January 15, 2024 and close two days later on January 17, 2024 on NSE IPO platform. Maxposure plans on raising Rs20.26 crores through their offering price band between Rs31-Rs33 for 4000 shares traded per market lot lot lot of 4000.

Maxposure IPO Date Review Price Allotment Details

About Maxposure Limited(A Leader in Digital Media and Inflight Entertainment)

Maxposure Limited stands out in the modern media and entertainment sector by specialising in aviation market. Offering comprehensive suites of services across different platforms to cater for airlines’ and brands’ diverse requirements is their hallmark service offering.

Here’s an in-depth view of Maxposure Limited:

Core Services:
Inflight Entertainment (IFE): Curate and license engaging content for airlines such as movies, TV shows, music albums and interactive experiences such as games. Create custom IFE solutions while managing distribution systems.

Content Marketing: Create and distribute high-quality brand content across channels such as video production, social media marketing, influencer promotion and digital campaigns for optimal brand management.

Technology: Create cutting-edge technological solutions for the media and entertainment industries, such as content management systems, content delivery networks and mobile applications.

Advertising Solutions for Brands within the Aviation Ecosystem: Provide targeted inflight advertising solutions as well as digital and sponsorship options to brands within this ecosystem. Key Strengths:
Maxposure’s industry expertise: Maxposure understands the aviation market as well as the unique requirements of airlines and passengers, which make us your ideal partner in understanding aviation issues.

Global Reach: Based out of India with offices in both the USA and UAE, serving airlines and brands worldwide.

Technological Innovation: Air Canada invests continuously in developing cutting-edge technologies and solutions to enhance inflight entertainment experiences and optimize content distribution.

Strong Partnerships: Partnered with leading content providers, airlines and technology firms to deliver optimal solutions to its clients.

Recent Developments: Maxposure successfully went public through BSE SME platform in January 2024, raising Rs 14.30 crores.

Bluebird Advertising Pvt Ltd, an industry-leading media buying and planning agency, in order to expand their advertising services portfolio.

Continuous investments into expanding its content library and developing innovative IFE solutions are made. Maxposure plays an invaluable role in shaping the future of inflight entertainment by providing passengers engaging and tailored experiences during flight.

Helps brands reach an engaged travel audience via its tailored advertising solutions.

Driving innovation within the media and entertainment sectors by developing cutting-edge technologies.

Pro and cons:

Pros:

Maxposure has tremendous growth potential: Operating within the promising aviation and digital media industries, Maxposure could take advantage of rising passenger traffic volumes as demand for inflight entertainment solutions surges.

Strong Industry Knowledge: Posseses an experienced team who possess in-depth understanding of the aviation market and its specific requirements.

Comprehensive Service Offering: Offering an assortment of services all in one location to cater to the various needs of airlines and brands.

Technological Innovation: Focused on creating cutting-edge technological solutions for media and entertainment businesses.

Recently launched IPO with potential for future growth: This successful initial public offering (IPO) provides access to capital for expansion as well as potential value appreciation. Investors could receive access to this money and potentially see value appreciation over time.

Cons:


Limited Financial Data: Due to insufficient information available about profitability, sustainability and potential risk, it can be challenging to accurately gauge profitability, sustainability and potential threats.

New entrant on BSE SME platform: Relatively new listings with limited market reach when compared with more established firms.

Competition in the aviation sector: Competitors include major firms operating within inflight entertainment and media markets.

Dependence on airline industry: Vulnerable to fluctuations in aviation that could negatively impact business performance.

Limited track record post-IPO: It can be difficult to assess long-term financial stability and growth strategies after so little time post-listing has elapsed since an IPO listing, making long-term predictions challenging.

Offer details and objectives:

  • Funding expenses to acquire various certifications from FAA and EASA for our proposed AeroHub Wireless Streaming Server (“AeroHub”) and Patented Inviseo tray table products (“Proposed Products”).
  • Funding of Working Capital Requirements of Proposed Products Manufacture and Working Capital Requirements in Regular Course of Business by Company;
  • Prepayment or repayment of some or all outstanding borrowings taken out by the company;

Maxposure IPO Dates & Band Price Details:

IPO Open:January 15, 2024
IPO Close:January 17, 2024
IPO Size:Approx ₹20.26 Crores, 6,140,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹31 to ₹33 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here

Maxposure IPO Market Lot :

ApplicationLot SizeSharesAmount
Retail Minimum14000₹132,000
Retail Maximum14000₹132,000
S-HNI Minimum28000₹264,000
Screenshot 2024 01 14 171739

Maxposure IPO Dates and details:

Maxposure will hold their Initial Public Offering on January 15, with closing to take place on January 17. On that same date allotment for investors begins and it may list on January 22,2024.

IPO Open Date:January 15, 2024
IPO Close Date:January 17, 2024
Basis of Allotment:January 18, 2024
Refunds:January 19, 2024
Credit to Demat Account:January 19, 2024
IPO Listing Date:January 22, 2024

Maxposure Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹22.47₹21.98₹0.36
2022₹33.21₹32.81₹0.35
2023₹33.56₹27.50₹4.41
2023 6M₹20.59₹14.71₹3.71
Screenshot 2024 01 15 211220
Screenshot 2024 01 15 210842

Peer Group of companies

Crayons Advertising Limited*

Company Promoters

  • Prakash Johari
  • Sweta Johar

Company Details:

AttributeDetails
RegistrarBigshare Services Pvt Ltd
Registrar ContactPhone: +91-22-6263 8200, Email: i[email protected], Website: Bigshare IPO Status
Allotment StatusCheck on Bigshare Website
Lead Managers (Merchant Bankers)Hem Securities Limited
Company AddressMaxposure Limited, Ground Floor, 62, Okhla Industrial Estate, Phase-3, South Delhi, New Delhi – 110 020
Contact (Company)Phone: +91 114 301 1111, Email: i[email protected], Website: Maxposure Limited

FAQs:

When Maxposure IPO will open?

IPO applications will open for subscription on January 15th for QIB, NII and Retail Investors.

What is Maxposure IPO Investors Portion?

QIB investors’ share amounts to 50%; for NII this figure stands at 15% while retail accounts for 35% of revenue generated through QIB investments.

What is Maxposure IPO?

Maxposure IPO, being listed on NSE, plans to raise an initial offering price between Rs31 to Rs33 per equity share for their public offering (IPO). The issue will also be listed for trading.

What is Maxposure IPO Size?

Maximum Initial Public Offering size is Rs6.88 crores.

What is Maxposure IPO Price Band?

Maxposure IPO Price Band for equity shares ranges between Rs31 to Rs33 per equity share.

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