• SENSEX 78,553.20
    1,508.91 (+1.96%)
  • BANKNIFTY 54,290.20
    1,172.45 (+2.21%)

IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Maxposure Ltd

Maxposure Ltd

    Registered Office : Ground Flr 62 Okhla Ind Estate,Phase 3 South Delhi,New Delhi Delhi 110020 Phone : +91 114 301 1111
    Fax :

    Email : info@maxposuremedia.com

    Website : www.maxposuremedia.com

Initial public offer of 61,40,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Maxposure Limited (the "Company" or "Maxposure" or "Issuer") at an issue price of Rs. 33 per equity share (including a share premium of Rs. 23 per equity share) for cash, aggregating Rs. 20.26 crores ("Public Issue") out of which 3,72,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 33 per equity share for cash, aggregating Rs. 1.23 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 57,68,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 33 per equity share for cash, aggregating Rs. 19.03 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 26.99% and 25.36% respectively of the post-issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment

Issue

Opens On

Closes On

15-Jan-2024

17-Jan-2024

Money Payable On

Application

Allotment

33.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 4000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

18.32

20.26

22.74

33.00

GYR Capital Advisors Pvt Ltd

Projects
  • Funding of expenses proposed to be incurred obtaining 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
  • Funding working capital requirements of the company for mfg 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
Promoted By
  • Prakash Johari
  • Sweta Johari
Listing At
  • NSE - SME
Registrar to the Issue
  • Bigshare Services Pvt Ltd