
Services · BSE
Incorporated in 1999, Daps Advertising Limited provides comprehensive advertising agency services across print, electronic, and outdoor media, covering newspapers, brochures, magazines, television and FM channels, as well as outdoor hoardings. The company serves a diverse clientele across industries such as construction, education, electronics, automobiles, FMCG, jewellery, apparel, insurance, housing, healthcare, financial services, aviation, and various government organizations. For the period ended September 30, 2022, and the financial years 2021–2022, 2020–2021, and 2019–2020, the company reported revenue from operations of ₹1,458.33 lakh, ₹1,868.31 lakh, ₹785.58 lakh, and ₹2,022.70 lakh, respectively.
Price Band
₹30
Issue Size
₹5.10 Cr
Lot Size
4000 shares
GMP
+60.0%
Est. Listing
₹48
at current GMP
Subscribed
65.93x
overall
Open
31 Oct 2022
Close
3 Nov 2022
Allotment
9 Nov 2022
Refund
10 Nov 2022
Demat Credit
11 Nov 2022
Listing
14 Nov 2022
Overall Subscription
65.93x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 850,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 255,000 | — | 0.00x |
| Retail Individual (RII) | 595,000 | — | 0.00x |
| Total | 1,700,000 | 0 | 65.93x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 149 | 9,824 | 65.93x |
| HNIs (10L +) | 1 | 66 | 66.00x |
| HNIs (2-10L) | 5 | 330 | 66.00x |
| Total Applications | 155 | 10,220 | 65.94x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
DAPS Advertising Limited is bringing an initial public offering (IPO) in the Services sector with an aggregate issue size of ₹5.1 Crores. The shares are offered at a price band of ₹30 to ₹30 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4000 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-11-11, while un-allotted funds or UPI block mandates will be released on 2022-11-10.
The latest Grey Market Premium (GMP) for DAPS Advertising Limited IPO is ₹18 per equity share. Based on the upper price band of ₹30 to ₹30 per equity share, the estimated listing price is ₹48 (+60.0% expected listing gain).
With a lot size of 4000 shares and current GMP of ₹18, the expected profit per application lot is approx ₹72,000 (+60.0% gain). Minimum application cost is approx ₹1,20,000.
The DAPS Advertising Limited IPO aggregate issue size is ₹5.1 Crores with an equity price band set at ₹30 to ₹30 per equity share. The retail lot size is 4000 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 65.93x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2022-11-09. Investors can verify status using PAN card or application number.
DAPS Advertising Limited shares are scheduled to list on BSE on 2022-11-14.