Maxposure IPO Subscription Opens on January 15: Key Details to Know

Maxposure  IPO description – Maxposure Limited is coming up with its Initial public offering. The IPO will be open for subscription on January 15, 2024

 

Maxposure IPO – Details

 

IPO Open Date 15 January 2024
IPO Close Date 17 January 2024
Issue Type Book Built Issue IPO
Issue Size 61,40,000 Shares Worth ₹20.26 Crore

Fresh Issue: 61,40,000 Shares Worth ₹20.26 Crore

Face Value ₹10 per equity share
IPO Price ₹31-₹33
Market Lot 4000 Shares
Minimum Order 4000 Shares (1 Lot)
Listing At NSE SME
Register Bigshare Services Pvt Ltd
Retail Shares Offered 15%
QIB Shares Offered 50%
NII (HNI) Shares Offered 35%

 

 

Maxposure IPO – Date Schedule

 

IPO Opening Date 15 January 2024
IPO Closing Date 17 January 2024
Finalization of Basis of Allotment 18 January 2024
Refunds Initiation 19 January 2024
Transfer of shares to demat accounts 19 January 2024
Listing Date of IPO 22 January 2024

 

Maxposure IPO – About Company 

 

Maxposure Limited is a Mumbai-based company that provides personalized media and entertainment services across various platforms. They specialize in Inflight Entertainment, Content Marketing, Technology, and Advertising.

Situated in Mumbai, the company’s lab facility provides a comprehensive range of services, including custom editing, metadata creation, duplication, audio enhancement, encoding/transcoding in any format for any system, and post-production services.

The company’s services are segmented into four main categories: inflight entertainment, content marketing, technology, and advertising.

Maxposure Limited boasts an extensive sales network throughout India, with offices strategically located in Delhi, Mumbai, Bengaluru, and Kolkata. Beyond national borders, the company has successfully initiated and managed projects in regions such as the Indian subcontinent and the Middle East. Notable projects include collaborations with Gulf Air (Kingdom of Bahrain), Air Arabia (Sharjah), VFS (UAE), and Jazeera Airways (Kuwait).

For the three-month period concluding on September 30, 2023, and the financial years 2023, 2022, and 2021, the company reported revenues of ₹1726.28 lakhs, ₹2835.08 lakhs, ₹2815.85 lakhs, and ₹1940.76 lakhs, respectively, from domestic operations. Additionally, the company generated revenues of ₹289.86 lakhs, ₹343.84 lakhs, ₹452.15 lakhs, and ₹75.09 lakhs, respectively, from international operations.

As of October 31, 2023, Maxposure Limited employs a workforce of 81 individuals.

 

Maxposure IPO
Maxposure IPO

 

Maxposure IPO – Industry Overview 

 

IN-FLIGHT ENTERTAINMENT AND CONNECTIVITY MARKET

 The global in-flight entertainment & connectivity market is projected to grow from $7.48 billion in 2023 to $21.03 billion by 2030, at a CAGR of 15.9%. The increase in passenger traffic will eventually drive the new aircraft procurements, creating the demand for the aircraft IFES market. In 2021, the air passenger traffic in North America, Europe, Asia-Pacific, and the Middle East recorded 4.3 billion, which is a growth of 167% compared to 2020, and compared to 2019, the growth was 5%

. The major region that accounted for most air passenger traffic is Asia-Pacific, which accounted for 41%, followed by North America at 27%, Europe at 24%, and the Middle East accounted for 7%. Since Asia-Pacific recorded the highest air passenger traffic, it will generate the demand for new aircraft compared to other regions. 

CONTENT MARKETING

The content marketing market size is estimated at USD 263.09 billion in the current year. It is expected to reach USD 523.45 billion in the next five years, registering a CAGR of 14.75% during the forecast period.

Digital Marketing

According to a survey by Forbes magazine, 82% of consumers shop or conduct research online. The use of digital platforms in India has been rising steadily ever since the Ministry of Electronics & IT announced the creation of Digital India. According to economists, this plan might increase the GDP by up to $1 trillion USD by 2025. According to a Goldman Sachs research, digital marketing will have a future value of US$160 billion by 2025, which is three times its current value.

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The Indian advertising market size reached INR 743.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 1,412.5 Billion by 2028, exhibiting a growth rate (CAGR) of 11.2% during 2023-2028. 

 

Maxposure IPO – Financial Performance

 

FY 2022 FY 2023 H1 FY 2024
Revenue 32.68 31.79 20.16
Expenses 32.81 27.50 14.71
Net income 0.35 4.41 3.71

Figures in INR Crores

 

Maxposure IPO – Valuations & Margins

 

FY 2021 FY 2022 FY 2023
EPS 0.22 0.21 2.66
PE ratio 11.65 – 12.41
RONW (%) 1.38 1.31 14.20
NAV 7.92 8.03 9.36
ROCE (%) 2.73 2.50 19.55
EBITDA (%) 5.28 3.18 21.08
Debt/Equity 0.03 0.01 0.03

 

Maxposure IPO – Prospectus

 

Maxposure IPO – Competitive Strengths

  • Fully integrated service portfolio offering result-oriented solutions.
  • Wide-spread domestic and international market presencel. 
  • Diverse customer base spread across various industries.
  • Technology backed infrastructure to support innovative and quality solutions.
  • Well experienced management team with proven project management and implementation skills

 

Maxposure IPO – Object Of The Issue

 

  • 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”).
  • 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.
  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company.
  • General Corporate Purposes.

 

Maxposure IPO GMP Today

 

Date IPO GMP Kostak Subject to Sauda
11 January 2024 28 102,000
10 January 2024 5 15,000

 

Maxposure IPO – Allotment Status

Maxposure IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.

Maxposure IPO – Lots Size & Price

 

Application Lots Shares Amount ( Cut-Off)
Retail (Min) 1 4000 1,32,000
Retail (Max) 1 4000 1,32,000
HNI (Min) 2 8000 2,64,000

 

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Disclaimer-The content presented here is intended solely for analytical and educational purposes. If you consider investing, it is strongly advised to conduct your own thorough research. We do not endorse or recommend any specific stocks or initial public offerings (IPOs).

 

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