IPO Issue Details
Issue Price / Price Band₹60 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size15,20,000 shares (aggregating up to ₹9.12 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 26 Sep 2022
Subscription CloseTue, 04 Oct 2022
Anchor AllotmentSun, 25 Sep 2022
Basis of AllotmentMon, 10 Oct 2022
Initiation of RefundsTue, 11 Oct 2022
Credit of Shares to DematWed, 12 Oct 2022
Listing DateThu, 13 Oct 2022
UPI Mandate Deadline2022-10-04
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 2,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 4,000 shares
P/E Ratio (Pre-IPO)37.5x
Net Offer to Public14,44,000 shares (aggregating up to ₹8.66 Cr)
Reserved for Market Maker76,000 shares (aggregating up to ₹0.4560 Cr)
Pre-IPO Promoter Holding17,60,000 shares
Post-IPO Promoter Holding32,80,000 shares
About Maagh Advertising & Marketing Services Ltd.
Incorporated in 2013, Maagh Advertising And Marketing Services Limited is an advertising agency primary offering creative and media services. The company offers a complete range of designing, media and printing services.The company services include the following:Media Services: Print, Outdoor, Radio, Social Media, Media Planning, Buying and implementationCreative Services: Concept Development, Print advertisements, Radio Spots, Outdoor advertisements, Online advertisements, Logo Design and Packaging Design.Social Media Advertising: Creative web designing, SEO Services and Campaigns.Other Services: Public Relation Campaigns and Product Launch campaigns.The company also rely heavily on third parties like material suppliers, designers, media providers and other service providers to help us meet the contractual obligations and provide services as required by the client.Competitive Strengths :Meeting expectation of clientsSocial media and digital advertising
Objects of the Issue
Maagh Advertising & Marketing Services Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding the cost of Purchase of Software
3.36
2
2 Purchase of Media Inventory
3.00
3
3 General Corporate Purposes
1.96
Shareholding & Lock-in
Pre-IPO Promoter Holding
17,60,000 shares
Post-IPO Promoter Holding
32,80,000 shares