
Emerging SME Services · NSE
Incorporated in August 2017, Maxposure Limited provides personalized media and entertainment services across multiple platforms, specializing in inflight entertainment, content marketing, technology, and advertising. The company’s Mumbai-based lab offers services such as custom editing, metadata creation, duplication, audio enhancement, encoding/transcoding for various formats, and post-production. Maxposure has a strong sales network in India with offices in Delhi, Mumbai, Bengaluru, and Kolkata, and has executed international projects for Gulf Air (Bahrain), Air Arabia (Sharjah), VFS (UAE), and Jazeera Airways (Kuwait), among others. For the three-month period ending September 30, 2023, and the financial years 2023, 2022, and 2021, the company generated revenues of ₹1,726.28 lakhs, ₹2,835.08 lakhs, ₹2,815.85 lakhs, and ₹1,940.76 lakhs from domestic operations, along with ₹289.86 lakhs, ₹343.84 lakhs, ₹452.15 lakhs, and ₹75.09 lakhs from international operations. As of October 31, 2023, Maxposure Limited employs 81 people.
Price Band
₹31 – ₹33
Issue Size
₹20.26 Cr
Lot Size
4000 shares
GMP
+242.4%
Est. Listing
₹113
at current GMP
Subscribed
987.56x
overall
Open
15 Jan 2024
Close
17 Jan 2024
Allotment
18 Jan 2024
Refund
19 Jan 2024
Demat Credit
20 Jan 2024
Listing
23 Jan 2024
Overall Subscription
987.56x
Total Demand
QIB Multiplier
162.35x
Institutions & Funds
NII / HNI
1947.98x
High Net-Worth
Retail (RII)
1034.23x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,140,000 | 185,076,000 | 162.35x |
| NIB | 880,000 | 1,714,224,000 | 1947.98x |
| RETAIL | 2,048,000 | 2,118,112,000 | 1034.23x |
| Total | 4,068,000 | 4,017,412,000 | 987.56x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 537 | 555,382 | 1034.23x |
| HNIs (10L +) | 3 | 5,844 | 1947.98x |
| HNIs (2-10L) | 16 | 31,168 | 1947.98x |
| Total Applications | 556 | 592,394 | 1065.46x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Maxposure Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹20.26 Crores. The shares are offered at a price band of ₹31 to ₹33 per equity share on NSE. 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. ₹1,32,000 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 2024-01-20, while un-allotted funds or UPI block mandates will be released on 2024-01-19.
The latest Grey Market Premium (GMP) for Maxposure Limited IPO is ₹80 per equity share. Based on the upper price band of ₹31 to ₹33 per equity share, the estimated listing price is ₹113 (+242.4% expected listing gain).
With a lot size of 4000 shares and current GMP of ₹80, the expected profit per application lot is approx ₹3,20,000 (+242.4% gain). Minimum application cost is approx ₹1,32,000.
The Maxposure Limited IPO aggregate issue size is ₹20.26 Crores with an equity price band set at ₹31 to ₹33 per equity share. The retail lot size is 4000 shares requiring a minimum capital outlay of approx. ₹1,32,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 987.56x (Retail: 1034.23x, QIB: 162.35x, NII: 1947.98x). 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 2024-01-18. Investors can verify status using PAN card or application number.
Maxposure Limited shares are scheduled to list on NSE on 2024-01-23.