
Services · BSE
Incorporated in 2013, Maagh Advertising and Marketing Services Limited is an advertising agency offering comprehensive creative and media services. The company provides media services including print, outdoor, radio, social media, media planning, buying, and implementation; creative services such as concept development, print and outdoor advertisements, radio spots, online campaigns, logo design, and packaging design; and social media advertising including web design, SEO services, and digital campaigns. Additionally, the company handles public relations campaigns and product launches, relying on third-party suppliers, designers, media providers, and other service partners to fulfill client requirements.
Price Band
₹60
Issue Size
₹9.12 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹60
at current GMP
Subscribed
1.18x
overall
Open
26 Sep 2022
Close
4 Oct 2022
Allotment
12 Oct 2022
Refund
13 Oct 2022
Demat Credit
14 Oct 2022
Listing
13 Oct 2022
Overall Subscription
1.18x
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) | 760,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 228,000 | — | 0.00x |
| Retail Individual (RII) | 532,000 | — | 0.00x |
| Total | 1,520,000 | 0 | 1.18x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 266 | 314 | 1.18x |
| HNIs (10L +) | 2 | 2 | 1.00x |
| HNIs (2-10L) | 8 | 9 | 1.13x |
| Total Applications | 276 | 325 | 1.18x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Maagh Advertising And Marketing Services Limited is bringing an initial public offering (IPO) in the Services sector with an aggregate issue size of ₹9.12 Crores. The shares are offered at a price band of ₹60 to ₹60 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 2000 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 Satellite Corporate Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-10-14, while un-allotted funds or UPI block mandates will be released on 2022-10-13.
Currently, Maagh Advertising And Marketing Services Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹60 to ₹60 per equity share.
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,20,000. Expected listing price is ₹60 per equity share.
The Maagh Advertising And Marketing Services Limited IPO aggregate issue size is ₹9.12 Crores with an equity price band set at ₹60 to ₹60 per equity share. The retail lot size is 2000 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 1.18x (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 (Satellite Corporate Services Private Limited) and the BSE status verification website on or around 2022-10-12. Investors can verify status using PAN card or application number.
Maagh Advertising And Marketing Services Limited shares are scheduled to list on BSE on 2022-10-13.