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Maxposure IPO
Price Band
₹31.0–33.0
Issue Size
₹20.26 Cr
Lot Size
4,000 shares
Min Investment
₹132,000
GMP
+₹80.0 (242.42%)
Issue Price
₹33.0
Subject to Sauda
₹243200
Paid only if allotted
Maxposure IPO AI Summary
- Maxposure IPO is listed on NSE SME in the Media & Entertainment sector.
- Price band: ₹31.0–₹33.0 per share, lot size 4,000 shares (min. investment ₹132,000).
- Subscription window: 15 Jan–17 Jan 2024, listing on 23 Jan 2024.
- Current GMP is +₹80.0 (242.42%), an estimated listing price of ₹113 — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Maxposure IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 17 Jan 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Maxposure IPO Grey Market Premium (GMP) Today
GMP
+₹80.0
GMP %
+242.42%
Est. Listing
₹113.0
Updated: 25 Jul 2026 14:07
About the Company
Incorporated in August 17, 2006 Maxposure Limited is a company that provides personalized media and entertainment services across various platforms. They specialize in Inflight Entertainment, Content Marketing, Technology, and Advertising. The Mumbai-based lab facility of the company offers a range of services, including custom editing, metadata creation, duplication, audio enhancement, encoding/transcoding in any format for any system, and post-production services. The services are categorized into four main groups: inflight entertainment, content marketing, technology, and advertising. "The company has a wide sales network across India and has established offices in Delhi, Mumbai, Bengaluru, and Kolkata. It has also successfully launched and managed projects outside India, particularly in the Indian subcontinent and the Middle East. These projects include Gulf Air (Kingdom of Bahrain), Air Arabia (Sharjah), VFS (UAE), Jazeera Airways (Kuwait), among others. During the three-month period ending September 30, 2023, and the financial years 2023, 2022, and 2021, the company earned revenues of ₹1726.28 lakhs, ₹2835.08 lakhs, ₹2815.85 lakhs, and ₹1940.76 lakhs, respectively, from domestic operations. The company also earned revenues of ₹289.86 lakhs, ₹343.84 lakhs, ₹452.15 lakhs, and ₹75.09 lakhs, respectively, from international operations." The company currently has 81 employees on its payroll as of October 31, 2023.
Company Financials (₹ Cr)
As of 2023-09-30
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 53.55 | 48.79 | 44.85 | 40.10 |
| Total Income | 20.59 | 33.56 | 33.21 | 22.47 |
| Profit After Tax | 3.71 | 4.41 | 0.35 | 0.36 |
| NET Worth | 34.78 | 31.14 | 26.66 | 26.31 |
| Reserves and Surplus | 31.46 | 27.75 | 23.34 | 22.99 |
| Total Borrowing | 4.62 | 3.34 | 2.94 | 4.19 |
Key Ratios
EPS
₹2.66
NAV
₹9.36
ROE
14.39%
ROCE
19.55%
RoNW
14.20%
P/B Value
1.59
P/E Ratio
12.42
Market Cap
₹75.05 Cr
PAT Margin
13.88%
Debt/Equity
0.03
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Crayons Advertising Limited | 9.75 | 4.33% | 17.91 | 9.22 | 9.22 |
| Maxposure Limited This IPO | 20.69 | 14.2% | 12.42 | 2.66 | 2.66 |
Promoters
Prakash Johari and Sweta Johari
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding of expenses proposed to be incurred towards obtaining various 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 3.50 2 Funding working capital requirements of the Company for manufacturing the Proposed Products and the working capital requirements of the Company in the ordinary course of business 8.50 3 Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company 2.50 4 General corporate purposes 3.82
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
During the three-month period ending September 30, 2023, the company earned revenues of ₹1726.28 lakhs, compared to ₹2835.08 lakhs for the full year ending March 31, 2023. This indicates a decline in revenue, though this is a 3-month figure and not directly comparable to the full year. For the previous years, revenues were ₹2815.85 lakhs for the year ending March 31, 2022, and ₹1940.76 lakhs for the year ending March 31, 2021.
Profit Trend
The profit after tax for the three-month period ending September 30, 2023, was ₹3.71 lakhs, compared to ₹4.41 lakhs for the full year ending March 31, 2023. This represents a decrease in profit, but again, this is a 3-month figure and not directly comparable to the full year. In the previous years, the profit after tax was ₹0.35 lakhs for the year ending March 31, 2022, and ₹0.36 lakhs for the year ending March 31, 2021.
Valuation
Maxposure Limited has an implied P/E ratio of 12.42 at the issue price, compared to peers like Crayons Advertising Limited, which has a P/E of 17.91. This suggests that Maxposure is priced at a lower trailing earnings multiple than its peer.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an unofficial indicator of the potential listing price of an IPO. It reflects the demand and supply dynamics in the grey market before the official listing. A higher GMP suggests strong demand, while a lower GMP may indicate weaker interest from investors.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's essential to consider the company's fundamentals, market conditions, and personal financial situation before making any investment decisions.
Who May Want to Wait
Investors who are risk-averse or those who prefer stable returns may want to avoid investing in IPOs like this, which can be subject to price fluctuations and market volatility. It's important to assess whether the potential risks align with one's investment strategy.
IPO Timeline, Explained
The IPO process includes several key dates: the issue opens on January 15, 2024, and closes on January 17, 2024. Allotment of shares will be finalized by January 18, 2024, and the shares are expected to be listed on January 23, 2024.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when shares of an IPO are listed on the stock exchange. However, these gains are not guaranteed, and the stock price can fluctuate significantly on the listing day, influenced by market conditions and investor sentiment. Therefore, investors should be cautious and understand the risks involved.
This evaluation is generated from Maxposure's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Maxposure IPO GMP today?
Maxposure IPO GMP today is +₹80.0 (242.42%), indicating an estimated listing price of ₹113. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Maxposure IPO?
The price band of Maxposure IPO is ₹31.0–₹33.0 per share.
When does Maxposure IPO open and close?
Maxposure IPO opens on 15 January 2024 and closes on 17 January 2024.
When does Maxposure IPO list on the stock exchange?
Maxposure IPO listed on 23 January 2024 at ₹113.0.
What is the lot size for Maxposure IPO?
The lot size for Maxposure IPO is 4000 shares, requiring a minimum investment of ₹132,000.
What is the price band for Maxposure's IPO?
The price band for Maxposure's IPO is ₹31.0 to ₹33.0.
What is the minimum investment required?
The minimum investment required is ₹132,000.
What is the lot size for the IPO?
The lot size for the IPO is 4,000 shares.
When does the IPO open and close?
The IPO opens on January 15, 2024, and closes on January 17, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected demand for the IPO shares in the grey market before listing.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
15 Jan 2024
Close
17 Jan 2024
Allotment
18 Jan 2024
Listing
23 Jan 2024
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