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DAPS Advertising Limited IPO (DAPS Advertising IPO) Detail

Oct 31, 2022 - Nov 3, 2022

Incorporated in 1999, Daps Advertising Limited is engaged in the business of providing advertising agency services. The company offers a range of advertising media services consisting of print media, electronic media and outdoor media services which cover advertisement modes such as newspapers, brochures, magazines, television channels, FM channels and display of outdoor hoardings etc.

The company's customers include corporate clients operating in various business fields viz. construction, education, electronics, automobiles, FMCG, jewellery, apparel, insurance, housing, hospital, financial service providers, aviation, Government organizations etc.

For the period ended September 30, 2022, and for the financial year ended March 31, 2022, 2021 and 2020, the company's revenue from operations was Rs 1458.33 lakhs, Rs 1868.31 lakhs, Rs 785.58 lakhs and Rs 2022.70 lakhs, respectively.

Competitive Strength:

  • Accreditation with Indian Newspaper Society (INS).
  • Experience of our Promoters and senior management team.
  • Customer Satisfaction.
  • Repeat Customers.

Company Financials

DAPS Advertising Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-201327.752037.3239.48715.36367.87183.42
31-Mar-211193.58803.579.77725.13377.64123.35
31-Mar-221370.591877109.19834.32486.8341.29
30-Sep-221728.851466.0987.62921.95574.46218.46
Amount in ₹ Lakhs

Objects of the Issue

The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:

1. Funding working capital requirements.

2. General corporate purposes.

DAPS Advertising IPO Details

IPO Date Oct 31, 2022 to Nov 3, 2022
Listing Date Monday, November 14, 2022
Face Value ₹10 per share
Price ₹30 per share
Lot Size 4000 Shares
Issue Size1,700,000 shares of ₹10
(aggregating up to ₹5.10 Cr)
Fresh Issue1,700,000 shares of ₹10
(aggregating up to ₹5.10 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
NII (HNI) Shares Offered50% of the net offer
Retail Shares Offered50% of the net offer
Company Promoters

Akhilesh Chaturvedi, Dharmesh Chaturvedi and Paresh Chaturvedi are the company promoters.

DAPS Advertising IPO Tentative Timetable

DAPS Advertising IPO opens on Oct 31, 2022, and closes on Nov 3, 2022. The DAPS Advertising IPO bid date is from Oct 31, 2022 10.00 A.M. to Nov 3, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Oct 31, 2022
Closing Date Nov 3, 2022
Basis of Allotment Nov 9, 2022
Initiation of Refunds Nov 10, 2022
Credit of Shares to Demat Nov 11, 2022
Listing Date Nov 14, 2022

DAPS Advertising IPO Lot Size

The DAPS Advertising IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120,000).

Application Lots Shares Amount
Retail (Min) 1 4000 ₹120,000
Retail (Max) 1 4000 ₹120,000
S-HNI (Min) 2 8,000 ₹240,000

DAPS Advertising IPO Promoter Holding

Pre Issue Share Holding 96.66%
Post Issue Share Holding 64.91%

DAPS Advertising IPO Review

DAPS is in a highly competitive and fragmented segment. Though the issue appears lucratively priced based on its recent super financial performance, higher spending for IPO marketing raises concern. Small equity post-IPO also indicates a longer gestation for migration to the main board. Well-informed risk seekers may consider parking funds for the medium to long term. Read detail review...


DAPS Advertising IPO Subscription Status (Bidding Detail)

The DAPS Advertising IPO is subscribed 65.93 times on Nov 3, 2022 6:58:00 PM. The public issue subscribed 48.63 times in the retail category, times in the QIB category, and 83.24 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII83.24
Retail48.63
Total65.93

DAPS Advertising IPO Prospectus

DAPS Advertising IPO Rating

162
4.0
Rating:Rated 4.0 stars
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DAPS Advertising IPO Listing Date

Listing Date Monday, November 14, 2022
BSE Script Code 543651
NSE Symbol
Listing In MT Group of Securities
ISIN INE975Z01012
IPO Price ₹30 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹30.00
₹57.00
₹54.15
₹59.85
₹55.10

Company Contact Information

DAPS Advertising Limited
128, Clyde House,
Office No. 9- B, The Mall,
Kanpur, Uttar Pradesh – 208 001
Phone: +918115076766
Email: investor@dapsadvertising.com
Website: http://www.dapsadvertising.com/

DAPS Advertising IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

DAPS Advertising IPO Review

DAPS Advertising IPO Recommendation Summary

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Members 2 0 1

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DAPS Advertising IPO FAQs

DAPS Advertising IPO is a SME IPO of 1,700,000 equity shares of the face value of ₹10 aggregating up to ₹5.10 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000 Shares.

The IPO opens on Oct 31, 2022, and closes on Nov 3, 2022.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in DAPS Advertising IPO using UPI as a payment gateway. Zerodha customers can apply in DAPS Advertising IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in DAPS Advertising IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'DAPS Advertising IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The DAPS Advertising IPO opens on Oct 31, 2022 and closes on Nov 3, 2022.

DAPS Advertising IPO lot size is 4000 Shares and the minimum order quantity is .

You can apply in DAPS Advertising IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for DAPS Advertising IPO will be done on Nov 9, 2022, and the allotted shares will be credited to your demat account by Nov 11, 2022. Check the DAPS Advertising IPO allotment status.

The DAPS Advertising IPO listing date is on Monday, November 14, 2022.
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