Maxposure Limited IPO

Price
₹31 - ₹33
Lot
4000
Subs.
987.47
Expected Listing Earning

Exp. Premium(GMP):
36.00(109.10%)
IPO Details

Open Date: 15-Jan-2024
Close Date: 17-Jan-2024
Allotment Date: 18-Jan-2024
Listing Date: 22-Jan-2024
Listing Price: N/A
Face Value: ₹10 Per Equity Share
Issue Price: ₹31-33 Per Equity Share
Issue Size: 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)
Market Lot (Min Amount): Retail - ₹132,000 : HNI - ₹264,000
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved1,140,000880,0002,048,0004,068,000
Day 1 - 15-01-24 
05:00 PM
3.54x68.45x112.78x72.58x
Day 2 - 16-01-24
05:00 PM
6.79x176.69x298.55x190.43x
Day 3 - 17-01-24
05:00 PM
162.35x1,947.55x1,034.23x987.47x
Total No. of Application:529,528 (Approx.)
Retail Subscription on the basis of Apps:1,034.23x
Valuations

Earning Per Share(EPS)2.66/-
P/E Ratio12.42
RoNW14.20%
Net Asset Value (NAV) - Post Issue:20.69/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Sep,20235,355.212,059.05370.83
31 Mar,20234,878.513,355.55441.21
31 Mar,20224,485.183,321.3134.96
31 Mar,20214,009.972,247.2736.22
Promoter(s)

Pre Issue Share Holding84.35%
Post Issue Share Holding61.58%
Company Promoter(s)
1. Prakash Johari
2. Sweta Johari
Issue Objective(s)

The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:

  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 (collectively referred to as the "Proposed Products");
  2. Funding working capital requirements of the Company for manufacturing the Proposed Products and the working capital requirements of the company in the ordinary course of business;
  3. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company; and
  4. General Corporate Purposes.
About Company

Incorporated in August 2017, 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. 

During the three-month period ending September 30, 2023, and the financial years 2023, 2022, and 2021, the company earned revenues of ₹1726.28 lakhs, ₹2835.08 lakhs, ₹2815.85 lakhs, and ₹1940.76 lakhs, respectively, from domestic operations. The company also earned revenues of ₹289.86 lakhs, ₹343.84 lakhs, ₹452.15 lakhs, and ₹75.09 lakhs, respectively, from international operations."

The company currently has 81 employees on its payroll as of October 31, 2023.

Disclaimer

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Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

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