Maxposure Ltd IPO

Maxposure Ltd IPO

Maxposure is a diverse new-age media and entertainment company offering 360-degree services across multiple distribution platforms. Specialising in customised solutions, the house of Maxposure stands on four pillars: Inflight Entertainment, Content Marketing, Technology and Advertising. The Company through its long-standing experience and award-winning services has been able to diversify its offerings to include a wide spectrum of in-flight experiences, ranging from curated entertainment on IFE systems, on-board communication through hi-tech patented solutions, innovative inflight magazines, sampling on board, and strategic ambient advertising. Moreover, the Company also offers strategic and innovative advertisement platforms to an advertiser to target a flyer at every step of the journey starting from pre-boarding, on-board, and post-boarding. Generally, in order to stream content on-board, the airplane needs to have an in-built entertainment system however, in order to cater to low-budget airlines, the Company has devised a hardware solution, called `AeroHub', through which content can be streamed wirelessly on the personal devices of the passengers in a cost effective manner. The Company also offers content and digital marketing services for brand placement, growth and efficient audience engagement.

Maxposure Ltd IPO Details

Total Shares Offered

₹ 61,40,000

Offer to Public

TBA

Retail Max (Shares)

₹ 20,48,000

Pre Issue Promoters Holding

₹ 90,12,690

Exchange

NSE

Issue size

₹ 20.26 Cr

IPO Open Date

Jan 15, 2024

Close Date

Jan 17, 2024

Lot Size

4000

Min Investment

₹ 1,24,000

Issue Type

Book Building - SME

Listing Date

Jan 23, 2024

Maxposure Ltd IPO Dates

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Jan 15, 2024
Opening date
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Jan 17, 2024
Closing date
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Jan 18, 2024
Basis of Allotment
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Jan 19, 2024
Initiation of Refunds
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Jan 19, 2024
Credit of Shares
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Jan 23, 2024
Listing date

Details

SectorType
SectorEntertainment
Sub SectorElectronic Media Software
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Maxposure Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations63.2847.286.29
EBITDA12.7212.006.70
PAT8.387.713.97
Total Assets35.5137.2115.15
Share Capital22.7422.743.32
Total Borrowings16.463.373.15
Operating Activities (Net Cash)9.148.254.38
Investing Activities (Net Cash)38.1127.9326.48
Financing Activities (Net Cash)16.463.373.15
Net Cashflow11.0618.882.24

About Maxposure Ltd

Maxposure Limited was incorporated on August 17, 2006 as `Maxposure Media Group India Private Limited', a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated August 17, 2006 issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Subsequently, pursuant to a resolution passed by the Board of Directors in their meeting held on August 26, 2023 and by the Shareholders in their EGM held on October 9, 2023, the name of the Company was changed to `Maxposure Private Limited' and a fresh certificate of incorporation dated October 26, 2023 was issued by the Registrar of Companies, Delhi and Haryana at Delhi. Further, the Company was converted into a public limited company pursuant to a resolution passed by the Board of Directors in their meeting held on October 26, 2023 and by its Shareholders at an extraordinary general meeting held on October 27, 2023 and a fresh certificate of incorporation dated November 3, 2023 was issued by the Registrar of Companies, Delhi and Haryana at Delhi and consequently the name of the Company was changed to `Maxposure Limited'.

The Company operates in the media and entertainment industry including but not limited to in-flight entertainment, content marketing, technology and advertising. 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%. Technological advancements in terms of wireless connectivity have enabled passengers to use personal electronic devices in airlines, consequently driving the growth of the industry. Over 70% of passengers on board use their own gadgets for entertainment, such as playing games, reading, watching movies or listening to music, which is one of the important factors driving the growth. The increase in passenger traffic will eventually lead to new aircraft procurements, creating more demand for aircraft IFES. The Asia-Pacific region accounted for 41% air passenger traffic growth, among the highest in the world, and the recent mega orders of aircrafts by the Indian airlines (IndiGo and Air India) is a testament to India's unprecedented growth potential in this sector. The content marketing market size is estimated at USD 263.09 billion in the current year and is expected to reach USD 523.45 billion in the next five years, registering a CAGR of 14.75%. One key trend that is propelling the growth in content marketing demand is digital transformation. Content marketing has become a vital tool to efficiently connect and engage with internet users using various distribution models. Companies are establishing their presence on different platforms, such as META (Facebook), Google, LinkedIn, etc and using them for brand building and marketing. The growing importance of brand awareness enhancement; the increasing number of media and entertainment channels, and rising demand for digital advertising solutions represent some of the key factors driving the market.

Maxposure is a diverse new-age media and entertainment company offering 360-degree services across multiple distribution platforms. Specialising in customised solutions, the house of Maxposure stands on four pillars: Inflight Entertainment, Content Marketing, Technology and Advertising. The Company through its long-standing experience and award-winning services has been able to diversify its offerings to include a wide spectrum of in-flight experiences, ranging from curated entertainment on IFE systems, on-board communication through hi-tech patented solutions, innovative inflight magazines, sampling on board, and strategic ambient advertising. Moreover, the Company also offers strategic and innovative advertisement platforms to an advertiser to target a flyer at every step of the journey starting from pre-boarding, on-board, and post-boarding. Generally, in order to stream content on-board, the airplane needs to have an in-built entertainment system however, in order to cater to low-budget airlines, the Company has devised a hardware solution, called `AeroHub', through which content can be streamed wirelessly on the personal devices of the passengers in a cost effective manner. The Company also offers content and digital marketing services for brand placement, growth and efficient audience engagement.

Peer Comparison:

  • Crayons Advertising Ltd

Maxposure Ltd Key Points

Strengths

Experienced Promoters and Management Team.

Long standing relationships with customers.

Efficient operational team.

Consistent financial performance.

Risk

The company's expansion into new product categories and an increase in the number of products offered by its may expose the company to new challenges and more risks.

As part of the company's growth strategy, its intend to expand its business operations to geographical areas in which the company has limited operation history. it cannot assure you that its expansion plans will be profitable or that such expansion will not adversely affect its business, results of operations and financial condition.

The Company's cannot assure you that its shall be able to obtain the necessary certifications and clearances as may be required from the relevant local and foreign authorities for the company's Proposed Products. In the event its are unable to obtain such certifications, its business, results of operations, cash flows and financial condition could be adversely affected.

Strategy

Investment in its Technology Division with the intent of creating an innovative product portfolio.

Strengthen its In-flight entertainment division by diversifying its in-flight content and establishing relationships with additional content owners, studios and productions houses.

Strengthen its content marketing division by expanding beyond India and also by venturing into unchartered territories within India.

Pursue strategic alliances and select acquisition and investment opportunities.

Expand its customer base across all its business verticals.

How To Apply for Maxposure Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Maxposure Ltd IPO?

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Maxposure Ltd's IPO offers shares for up to 20.26 It begins on Jan 15, 2024 and ends on Jan 17, 2024.

What is the price of the Maxposure Ltd IPO?

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The price of Maxposure Ltd IPO ranges between ₹31 to ₹33 per share.

What are the open and close dates for the Maxposure Ltd IPO?

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The Maxposure Ltd IPO opens on Jan 15, 2024 and closes on Jan 17, 2024.

When will the Maxposure Ltd IPO be allotted?

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The allotment for the Maxposure Ltd IPO will be finalised on Jan 18, 2024. The shares will be listed on BSE and NSE on Jan 23, 2024.

What is the minimum lot size required for Maxposure Ltd IPO?

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The minimum lot size for Maxposure Ltd IPO is 4000 shares, priced between ₹31 to ₹33 per share.

What is the GMP of Maxposure Ltd IPO?

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The GMP (Grey Market Premium) of Maxposure Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Maxposure Ltd IPO?

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To check the allotment status of Maxposure Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Maxposure Ltd IPO getting listed?

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The Maxposure Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jan 15, 2024, and closes on Jan 17, 2024. The allotment is finalised on Jan 18, 2024.

How do you apply for the Maxposure Ltd IPO?

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To apply for the Maxposure Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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