Maxposure Limited
Maxposure Limitedlisted
₹1.24LMin. investment
About Maxposure Limited
Issue size
₹20.26Cr
IPO type
SME
Price range
₹31.00 – ₹33.00
Lot size
4000 shares
Price range₹31.00 – ₹33.00
IPO type
SME
Lot size4000 shares
Issue size₹20.26Cr
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About Maxposure Limited
Maxposure Limited, a dynamic marketing and communications agency established in August 2006, has evolved into a comprehensive service provider across media, entertainment, technology, and advertising sectors. With a diverse range of specialized services, the company caters to various needs, including in-flight media solutions, content and digital marketing, brand building, video production, mobile applications, website development, social media marketing, and technology and advertising solutions across online and offline platforms.
The foundation of Maxposure rests on four key pillars: Inflight Entertainment, Content Marketing, Technology, and Advertising. This approach positions the company as a versatile and modern media and entertainment entity, delivering 360-degree services across multiple distribution platforms. In the realm of Inflight Entertainment, Maxposure is a leader, providing comprehensive solutions aligned with the latest market trends to enhance the onboard customer experience for airlines globally. The company excels in curating, licensing, and adapting content tailored to individual airline norms and requirements. Maxposure has established long-standing partnerships with major content owners, studios, production houses, and original equipment manufacturers, setting itself apart with a Mumbai-based lab facility offering a range of services, from custom edits to encoding/transcoding and post-production services.
Recognizing the challenges faced by airlines in offering Inflight Entertainment due to the high costs associated with traditional screens, Maxposure has invested in the development of a wireless streaming server, AeroHub WMS. This innovative solution allows approximately 100 devices, including phones, tablets, and laptops, to stream content onboard at high speed, presenting a cost-effective alternative to traditional Inflight Screens. The company aims to disrupt the market by reducing the cost of AeroHub WMS compared to similar solutions globally. As Maxposure Limited gears up for its Initial Public Offering (IPO), the generated proceeds from the Fresh Issue will be strategically allocated to crucial objectives.
These objectives include obtaining certifications from the Federal Aviation Administration (FAA) and the European Union Aviation Safety Agency (EASA) for the Wireless Streaming Server (AeroHub) and Patented Inviseo tray table. Additionally, funds will be directed towards working capital requirements for manufacturing the Proposed Products, prepayment or repayment of outstanding borrowings, and general corporate purposes. This strategic allocation underscores Maxposure's commitment to innovation, growth, and its mission to redefine the landscape of Inflight Entertainment.
Here are key details about the Maxposure Limited IPO:
Company Name | Maxposure Limited | Maxposure Limited IPO Opening Date | January 15, 2024 | |
---|---|---|---|---|
Company Established On | 2006Maxposure Limited IPO Price band | ₹31 to ₹33 per share |
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Maxposure Limited ?
The issue size of the Maxposure Limited is 20.26 Cr.
What is 'pre-apply' for Maxposure Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Maxposure Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts15 Jan 2024
- Bidding ends17 Jan 2024
- Allotment finalisation17 Jan 2024
- Release of funds19 Jan 2024
- Demat transfer18 Jan 2024
- Listing23 Jan 2024