Maxposure IPO

Maxposure Limited

₹1,24,000 /4000 sharesMinimum Investment

Maxposure IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹33.00₹145.00₹112.00 (339.39%)

Maxposure IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
15 Jan ‘24 - 17 Jan ‘24₹1,24,0004,000₹31 - ₹33
Issue SizeIPO Doc
20.26Cr
RHP PDF

About Maxposure

Maxposure Limited is a media and entertainment company that provides services across various distribution platforms. It focuses on four areas: Inflight Entertainment, Content Marketing, Technology, and Advertising. In Inflight Entertainment, Maxposure provides end-to-end solutions that align with market trends to enhance the airline’s onboard customer experience. This includes curating, sourcing, licensing, and adapting content according to specific norms and requirements of each airline's in-flight entertainment systems. In their content marketing segment, the company creates strategies and builds conversations to extend a brand's influence and for the brand to connect with the intended target audience. Their marketing services are aimed at helping clients monetize their marketing collateral and generate revenues. In the technology front, the company has invested in developing two products: AeroHub & Smart Trip Planner. ;
Parent Organisation
Maxposure Limited
Founded
2006
Managing Director
Mr. Prakash Johar

Strengths & Risks

  • Maxposure Limited operates an extensive sales network across India, with established offices in Delhi, Mumbai, Bengaluru, and Kolkata.
  • During the three months ending September 30, 2023, and the financial years 2023, 2022, and 2021, domestic operations contributed revenues of Rs. 17.26 crores, Rs. 28.35 crores, Rs. 28.16 crores and Rs.19.41 crores respectively. International operations contributed Rs. 2.90 crores, Rs. 3.4 crores, Rs. 4.52 crores, and Rs. 0.75 crores, respectively.
  • Maxposure has launched and managed projects outside India, especially in the Middle East. Few noteworthy projects include ones executed for Gulf Air (Kingdom of Bahrain), Air Arabia (Sharjah), VFS (UAE), and Jazeera Airways (Kuwait).
  • Maxposure's customer base spans various geographies and platforms. Their clientele are spread across industries such as tourism, automobile, hospitality, aviation, lifestyle, fashion, real estate, and banking. The company serves private as well as government entities.
  • Maxposure Limited relies on its AeroLab (the company’s laboratory for performing quality control processes) for the smooth functioning of its in-flight entertainment division. Any interruptions or delays from the AeroLab could hinder divisional delivery, negatively impacting the company's business and operational results.
  • There's uncertainty about the timely commencement of commercial production for Maxposure's Proposed Products. Failure to manufacture these products promptly or within budget may adversely affect the company's business, financial condition, and operational results.
  • Maxposure is dependent on a few key customers in certain business lines, and a reduction in revenue or sales from these customers could adversely affect the company's business and operational results.
  • Changes in the in-flight entertainment industry, such as the commercialization of OTT content and the introduction of affordable in-flight connectivity, may impact Maxposure's business model and operations, potentially reducing the airline's content requirements. Additionally, the company is also dependent on major content owners, studios and production houses to source the content for their in-flight entertainment division. In case they are unable to source content at acceptable terms, the business operations could be adversely impacted.
  • Delays or defaults in payments may increase working capital investment and reduce the company's profits, affecting Maxposure's operations and financial condition.
  • As of September 30, 2023, Maxposure's total outstanding secured loans are Rs. 4.62 crores. The company may incur further indebtedness during its business course.
  • The ability to pay dividends in the future for Maxposure may be influenced by any material adverse effects on its future earnings, financial condition, or cash flows.
  • Maxposure's assignment and transfer agreement with Inviseo Media Holdings Limited involves intellectual property rights. In case the company cannot enforce these rights, it could significantly impact goodwill, business operations, financial condition, and operational results.
  • There are some outstanding litigations involving the company and its promoters. In case of adverse outcomes, these may affect its business and financial condition.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular31 - 33₹2 Lakh
High Networth Individual31 - 33₹2 - 5 Lakh
For Maxposure IPO, eligible investors can apply as Regular.
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