| IPO date | 15 Jan 2024 – 17 Jan 2024 |
| Listing date | 22 Jan 2024 |
| Price range | 31 – 33 |
| Minimum order quantity | 4000 | (D)RHP | View |
Maxposure Limited is launching its IPO. The offer opens for subscription on January 15, 2024, and will close on January 17, 2024.
Disclaimer: This stock will trade with a lot size of 4000 shares in the SME segment on listing.
What does Maxposure Limited do?
Maxposure is a modern media and entertainment company that provides comprehensive services across various distribution platforms. The company focuses on four main pillars: Inflight Entertainment, Content Marketing, Technology, and Advertising. Their diverse portfolio and result-oriented strategies have attracted clients globally, spanning industries such as tourism, automobile, hospitality, aviation, lifestyle, fashion, real estate, and banking. Maxposure offers services in over 21 languages and operates across multiple geographies. Every section of the organization, including In-flight Entertainment, Content Marketing, Technology, and Advertising, has its own dedicated team. The goal of Maxposure’s digital marketing and advertising teams is to promote high engagement for clients across many channels and monetize projects. They are also developing two technology products: AeroHub to enhance the in-flight passenger experience and Smart Trip Planner for creating customized itineraries.
Schedule of Maxposure Limited IPO
| Issue Period | 15th January to 17th January 2024 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | January 18, 2024 |
| Initiation of Refunds | January 19, 2024 |
| Credit of Shares | January 19, 2024 |
| Date of Listing | January 22, 2024 |
| Mandate end date | February 01, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | February 17, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | April 17, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How to apply to the Maxposure Limited IPO?
You can apply for the Maxposure Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for the Maxposure Limited IPO?
You can check the allotment status for the Maxposure Limited IPO on the website of the Registrar and Transfer agent.