MaxSure SME
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jan 15 to Jan 17, 2024
Price Band
₹31-33
Current GMP
₹145 (339.39%)
Subscription
987.47 times
IPO Details
| IPO Date | January 15, 2024 to January 17, 2024 |
| Listing Date | Tuesday, January 23, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹31 to ₹33 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 6,140,000 shares (aggregating up to ₹20.26 Cr) |
| Fresh Issue | 6,140,000 shares (aggregating up to ₹20.26 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 16,600,950 |
| Share holding post issue | 22,740,950 |
| Market Maker portion | 372,000 shares Giriraj Stock Broking |
IPO Date
January 15, 2024 to January 17, 2024
Listing Date
Tuesday, January 23, 2024
Face Value
₹10 per share
Price Band
₹31 to ₹33 per share
Lot Size
4000 Shares
Total Issue Size
6,140,000 shares (aggregating up to ₹20.26 Cr)
Fresh Issue
6,140,000 shares (aggregating up to ₹20.26 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
16,600,950
Share holding post issue
22,740,950
Market Maker portion
372,000 shares Giriraj Stock Broking
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 162.35 |
| Non-Institutional Buyers* | 1,947.55 |
| Retail Investors | 1,034.23 |
| Total ** | 987.47 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
162.35
Non-Institutional Buyers*
1,947.55
Retail Investors
1,034.23
Total **
987.47
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jan 15, 2024 | 3.54 | 68.45 | 112.78 | 72.58 |
| Day 2 Jan 16, 2024 | 6.79 | 176.69 | 298.55 | 190.43 |
| Day 3 Jan 17, 2024 | 162.35 | 1,947.55 | 1,034.23 | 987.47 |
DayDay 1
Jan 15, 2024
QIB3.54
NII*68.45
Retail112.78
Total72.58
DayDay 2
Jan 16, 2024
QIB6.79
NII*176.69
Retail298.55
Total190.43
DayDay 3
Jan 17, 2024
QIB162.35
NII*1,947.55
Retail1,034.23
Total987.47
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 23-01-2024 | 33.00 | 80 (242.42%) | 113 |
| 22-01-2024 | 33.00 | 80 (242.42%) | 113 |
| 21-01-2024 | 33.00 | 80 (242.42%) | 113 |
| 20-01-2024 | 33.00 | 80 (242.42%) | 113 |
| 19-01-2024 | 33.00 | 80 (242.42%) | 113 |
| 18-01-2024 | 33.00 | 72 (218.18%) | 105 |
| 17-01-2024 | 33.00 | 60 (181.82%) | 93 |
| 16-01-2024 | 33.00 | 60 (181.82%) | 93 |
| 15-01-2024 | 33.00 | 51 (154.55%) | 84 |
| 14-01-2024 | 33.00 | 50 (151.52%) | 83 |
| 13-01-2024 | 33.00 | 50 (151.52%) | 83 |
| 12-01-2024 | 33.00 | 50 (151.52%) | 83 |
| 11-01-2024 | 33.00 | 36 (109.09%) | 69 |
| 10-01-2024 | 33.00 | 36 (109.09%) | 69 |
| 09-01-2024 | 33.00 | 5 (15.15%) | 38 |
Date23-01-2024
Price33.00
GMP80 (242.42%)
Estimate List Price113
Date22-01-2024
Price33.00
GMP80 (242.42%)
Estimate List Price113
Date21-01-2024
Price33.00
GMP80 (242.42%)
Estimate List Price113
Date20-01-2024
Price33.00
GMP80 (242.42%)
Estimate List Price113
Date19-01-2024
Price33.00
GMP80 (242.42%)
Estimate List Price113
Date18-01-2024
Price33.00
GMP72 (218.18%)
Estimate List Price105
Date17-01-2024
Price33.00
GMP60 (181.82%)
Estimate List Price93
Date16-01-2024
Price33.00
GMP60 (181.82%)
Estimate List Price93
Date15-01-2024
Price33.00
GMP51 (154.55%)
Estimate List Price84
Date14-01-2024
Price33.00
GMP50 (151.52%)
Estimate List Price83
Date13-01-2024
Price33.00
GMP50 (151.52%)
Estimate List Price83
Date12-01-2024
Price33.00
GMP50 (151.52%)
Estimate List Price83
Date11-01-2024
Price33.00
GMP36 (109.09%)
Estimate List Price69
Date10-01-2024
Price33.00
GMP36 (109.09%)
Estimate List Price69
Date09-01-2024
Price33.00
GMP5 (15.15%)
Estimate List Price38
IPO Important Dates
| IPO Open Date | Monday, January 15, 2024 |
| IPO Close Date | Wednesday, January 17, 2024 |
| Basis of Allotment | Thursday, January 18, 2024 |
| Initiation of Refunds | Friday, January 19, 2024 |
| Credit of Shares to Demat | Friday, January 19, 2024 |
| Listing Date | Tuesday, January 23, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 17, 2024 |
IPO Open Date
Monday, January 15, 2024
IPO Close Date
Wednesday, January 17, 2024
Basis of Allotment
Thursday, January 18, 2024
Initiation of Refunds
Friday, January 19, 2024
Credit of Shares to Demat
Friday, January 19, 2024
Listing Date
Tuesday, January 23, 2024
Cut-off time for UPI mandate confirmation
5 PM on January 17, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹132,000 |
| Retail (Max) | 1 | 4000 | ₹132,000 |
| HNI (Min) | 2 | 8,000 | ₹264,000 |
ApplicationRetail (Min)
Lots1
Shares4000
Amount₹132,000
ApplicationRetail (Max)
Lots1
Shares4000
Amount₹132,000
ApplicationHNI (Min)
Lots2
Shares8,000
Amount₹264,000
Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 5,355.21 | 4,878.51 | 4,485.18 |
| Revenue | 2,059.05 | 3,355.55 | 3,321.31 |
| Profit After Tax | 370.83 | 441.21 | 34.96 |
| Net Worth | 3,478.21 | 3,114.34 | 2,666.17 |
| Reserves and Surplus | 3,146.19 | 2,775.36 | 2,334.15 |
| Total Borrowing | 462.31 | 333.76 | 293.65 |
Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 20235,355.21
31 Mar 20234,878.51
31 Mar 20224,485.18
Period EndedRevenue
30 Sep 20232,059.05
31 Mar 20233,355.55
31 Mar 20223,321.31
Period EndedProfit After Tax
30 Sep 2023370.83
31 Mar 2023441.21
31 Mar 202234.96
Period EndedNet Worth
30 Sep 20233,478.21
31 Mar 20233,114.34
31 Mar 20222,666.17
Period EndedReserves and Surplus
30 Sep 20233,146.19
31 Mar 20232,775.36
31 Mar 20222,334.15
Period EndedTotal Borrowing
30 Sep 2023462.31
31 Mar 2023333.76
31 Mar 2022293.65
Key Performance Indicator
| ROE | 14.39% |
| ROCE | 19.55% |
| Debt/Equity | 0.03 |
| RoNW | 14.20% |
| P/BV | 1.59 |
| EPS (Rs) | 2.66 |
ROE
14.39%
ROCE
19.55%
Debt/Equity
0.03
RoNW
14.20%
P/BV
1.59
EPS (Rs)
2.66
IPO Reservation
| Anchor Investor Shares Offered | 1,700,000 (27.69%) |
| Market Maker Shares Offered | 372,000 (6.06%) |
| QIB Shares Offered | 1,140,000 (18.57%) |
| NII (HNI) Shares Offered | 880,000 (14.33%) |
| Retail Shares Offered | 2,048,000 (33.36%) |
| Total Shares Offered | 6,140,000 (100%) |
Anchor Investor Shares Offered
1,700,000 (27.69%)
Market Maker Shares Offered
372,000 (6.06%)
QIB Shares Offered
1,140,000 (18.57%)
NII (HNI) Shares Offered
880,000 (14.33%)
Retail Shares Offered
2,048,000 (33.36%)
Total Shares Offered
6,140,000 (100%)
Information about company
Incorporated in August 17, 2006 Maxposure Limited is a company that provides personalized media and entertainment services across various platforms. They specialize in Inflight Entertainment, Content Marketing, Technology, and Advertising.
The Mumbai-based lab facility of the company offers a range of services, including custom editing, metadata creation, duplication, audio enhancement, encoding/transcoding in any format for any system, and post-production services.
The services are categorized into four main groups: inflight entertainment, content marketing, technology, and advertising.
"The company has a wide sales network across India and has established offices in Delhi, Mumbai, Bengaluru, and Kolkata. It has also successfully launched and managed projects outside India, particularly in the Indian subcontinent and the Middle East. These projects include Gulf Air (Kingdom of Bahrain), Air Arabia (Sharjah), VFS (UAE), Jazeera Airways (Kuwait), among others.Â
During the three-month period ending September 30, 2023, and the financial years 2023, 2022, and 2021, the company earned revenues of â¹1726.28 lakhs, â¹2835.08 lakhs, â¹2815.85 lakhs, and â¹1940.76 lakhs, respectively, from domestic operations. The company also earned revenues of â¹289.86 lakhs, â¹343.84 lakhs, â¹452.15 lakhs, and â¹75.09 lakhs, respectively, from international operations."
The company currently has 81 employees on its payroll as of October 31, 2023.
Disclaimer
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