Maxposure IPO Allotment, oversubscribed at 987.47 times, listed on NSE SME on January 22. Aiming to raise ₹20.26 Crores, it focuses on inflight entertainment and content marketing. Allotment details are available on Bigshare.
Maxposure IPO Allotment Status.
Maxposure IPO Allotment Status will be declared on January 18, with refunds initiated on January 19. Shares will be credited to your Demat account on the same day. Get ready for listing day on January 22!
The IPO witnessed incredible demand, subscribed a whopping 987.47 times overall! Here’s the breakdown: QIB – 162.35 times, NII – 1,947.55 times, and Retail – 1,034.23 times. Maxposure aims to raise ₹20.26 Crores with a price band of ₹31 to ₹33 per equity share.
Check online on the Bigshare website or go old school with your bank account and Demat login.
Basis of Maxposure IPO Allotment:
Considering the retail subscription, the approximate basis of allotment for Maxposure IPO is expected to be 1:1000.
Maxposure IPO Allotment GMP.
- Currently, Maxposure shares have a GMP (Grey Market Premium) of Rs 57.
- The company is set to debut on the NSE SME platform on January 22.
- The IPO exclusively involves a fresh equity issue of up to 61.4 lakh shares, totaling Rs 20.26 crore.
- Maxposure is a versatile media and entertainment company providing 360-degree services across various distribution platforms.
- Its core strengths lie in inflight entertainment, content marketing, and offering strategic advertising platforms targeting travelers throughout their journey.
- Maxposure excels in content and digital marketing services, focusing on brand placement, growth, and effective audience engagement.
- For the period ending September 2023, the company reported revenues of Rs 20.16 crore and a net profit of Rs 3.70 crore.
Maxposure IPO Allotment Listing Date
Maxposure IPO is scheduled to be listed on the NSE SME platform on Monday, January 22, 2024.
Maxposure IPO Allotment Schedule
- IPO Open Date: Monday, January 15
- IPO Close Date: Wednesday, January 17
- Basis of Allotment: Thursday, January 18
- Initiation of Refunds: Friday, January 19
- Credit of Shares to Demat: Friday, January 19
- Stock Listing Date: Monday, January 22
How to Check Maxposure IPO Allotment on Bigshare
STEP 1 Visit Bigshare.com and navigate to the Maxposure IPO allotment page.
STEP 2 From the drop-down menu bar, choose ‘Maxposure’ as the IPO name.
STEP 3 Select the option based on your preference: PAN Number, Application Number, or DP ID.
STEP 4 Enter the corresponding details: PAN Number, Application Number, or Demat Account Number, depending on your chosen option.
STEP 5 Click on the ‘Search’ button to initiate the allotment status check.
STEP 6 Your Maxposure IPO allotment status will be displayed on the screen, accessible from both mobile and desktop devices.
How to check Maxposure IPO Allotment Status in Demant Account
STEP 1 Contact your broker or log in to your Demat account/trading account.
STEP 2 Verify if the allotted stock is credited to your account.
STEP 3 If you have received the allotment, the credited shares will be visible in your Demat account.
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How to check Maxposure IPO Allotment Status in a Bank Account
STEP 1 Access your bank account where you applied for the Maxposure IPO.
STEP 2 Navigate to the Balance Tab.
STEP 3 If allotted, the corresponding amount will be debited from your account.
STEP 4 If not allotted, the previously blocked amount will be released.
STEP 5 In case of allotment, you’ll receive an SMS confirming the debit with details like “Dear Customer, Bank Name Account 00001 is debited with INR 00000.00 on Date. Info: IPOName. The Available Balance is INR 000000.
The IPO registrar for Maxposure IPO manages the allocation and refund procedures. For any questions regarding the allotment date and time, please reach out to the registrar with your inquiries.
Conclusion:
Maxposure IPO, with a subscription of 987.47 times, is set to list on NSE SME on January 22, 2024. The basis of allotment, considering a retail subscription, is approximately 1:1000.
The IPO aims to raise ₹20.26 Crores through a fresh equity issue. Maxposure, a media and entertainment company, specializes in inflight entertainment and content marketing.
Investors can check their allotment status on Bigshare, with shares credited on January 19. GMP for Maxposure shares is Rs 57. The IPO schedule spans from January 15 to January 22.
