FREE Account Opening + No Clearing Fees

DAPS Advertising Limited IPO (DAPS Advertising IPO) Detail

October 31, 2022 - November 3, 2022

DAPS Advertising IPO is a fixed price issue of Rs 5.10 crores. The issue is entirely a fresh issue of 17 lakh shares.

DAPS Advertising IPO bidding started from October 31, 2022 and ended on November 3, 2022. The allotment for DAPS Advertising IPO was finalized on Wednesday, November 9, 2022. The shares got listed on BSE SME on November 14, 2022.

DAPS Advertising IPO price is ₹30 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (8,000 shares) amounting to ₹240,000.

Shreni Shares Limited is the book running lead manager of the DAPS Advertising IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to DAPS Advertising IPO RHP for detailed information.

DAPS Advertising IPO Details

IPO Date October 31, 2022 to November 3, 2022
Listing Date November 14, 2022
Face Value ₹10 per share
Price ₹30 per share
Lot Size 4000 Shares
Total Issue Size1,700,000 shares
(aggregating up to ₹5.10 Cr)
Fresh Issue1,700,000 shares
(aggregating up to ₹5.10 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Market Maker portion92,000 shares

DAPS Advertising IPO Reservation

DAPS Advertising IPO offers 1,700,000 shares. 804,000 (47.29%) to NII, 804,000 (47.29%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered92,000 (5.41%)
Other Shares Offered804,000 (47.29%)
Retail Shares Offered804,000 (47.29%)
Total Shares Offered1,700,000 (100%)

DAPS Advertising IPO Timeline (Tentative Schedule)

DAPS Advertising IPO opens on October 31, 2022, and closes on November 3, 2022.

IPO Open Date Monday, October 31, 2022
IPO Close Date Thursday, November 3, 2022
Basis of Allotment Wednesday, November 9, 2022
Initiation of Refunds Thursday, November 10, 2022
Credit of Shares to Demat Friday, November 11, 2022
Listing Date Monday, November 14, 2022
Cut-off time for UPI mandate confirmation 5 PM on November 3, 2022

DAPS Advertising IPO Lot Size

Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 4000 ₹120,000
Retail (Max) 1 4000 ₹120,000
HNI (Min) 2 8,000 ₹240,000
Lot Size Calculator

DAPS Advertising IPO Promoter Holding

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

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

About DAPS Advertising Limited

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
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of DAPS Advertising IPO is Rs 15.53 Cr.

Pre IPO Post IPO
P/E (x) 8.82

Objects of the Issue (DAPS Advertising IPO Objectives)

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 Review (May apply)

[Dilip Davda]  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 November 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)

DAPS Advertising IPO Prospectus

DAPS Advertising IPO Rating

Rating:Rated 4.0 stars
Vote Here ...

DAPS Advertising IPO Listing Details

Listing Date November 14, 2022
BSE Script Code 543651
NSE Symbol
ISIN INE975Z01012
Final Issue Price ₹30 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

DAPS Advertising Limited Contact Details

DAPS Advertising Limited
128, Clyde House,
Office No. 9- B, The Mall,
Kanpur, Uttar Pradesh – 208 001
Phone: +918115076766

DAPS Advertising IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

DAPS Advertising IPO - Buy or Not

DAPS Advertising IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 2 0 1

Read All Reviews Post Your Review Manage Reviews

SME IPO Enquiry

SME Company Owners
We could help you get listed on the stock market.

Contact us Today

Check our SME IPO Guide New

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 October 31, 2022, and closes on November 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 October 31, 2022 and closes on November 3, 2022.

DAPS Advertising IPO lot size is 4000 Shares, and the minimum amount required is ₹120,000.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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

The DAPS Advertising IPO listing date is on November 14, 2022.
Open an Instant Account with Zerodha

DAPS Advertising IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



74. Good Old Days |   Link |  Bookmark |December 10, 2022 5:35:34 PM
All senior members, it has found base around 40. What is your view on this going forward?
73. Deps |   Link |  Bookmark |November 23, 2022 12:44:47 PM
Kab tak down hoga....kharida he 57 Rs. me....60k ka loss....hope for upper circuit....positive buying
73.1. Arca |   Link |  Bookmark |November 23, 2022 8:30:59 PM
IPO Guru IPO Guru (1000+ Posts, 500+ Likes)
Nothing can be done brother few IPOs are like this vivo,safa,sabar.safa listed at 17 and i bought safa at 12 it went down till 8 and went up till 16 now again at 9 though the results is good.i am holding it at 25% loss for almost 8 time buy only if it lists flat or less premium.if you are new comer just apply and wait for allotment don't take risk unless you have some profit
73.2. Takamichi |   Link |  Bookmark |November 24, 2022 11:29:48 AM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
@deps @arca i Hope all recover their capital soon..... We all have done similar things/mistakes at some point .....patience is the key.....
I also have sabar 2 lots ....making huge loss on it ...... Atleast on this u have good realistic chance to cover ur loss .....
72. RAMU |   Link |  Bookmark |November 23, 2022 9:02:29 PM
Bhai log buy karo.Downside is capped. Rs.35 will be rock bottom. Start buying from tomorrow.
72.1. CL BASSI |   Link |  Bookmark |November 24, 2022 7:48:00 AM (200+ Posts)
Tomorrow it will be lock 20% UC
71. Arca |   Link |  Bookmark |November 22, 2022 1:00:18 PM
IPO Guru IPO Guru (1000+ Posts, 500+ Likes)
Same pattern as safa
71.2. CL BASSI |   Link |  Bookmark |November 23, 2022 8:06:36 AM (200+ Posts)
Kya stock h open with LC 41.20
71.3. Takamichi |   Link |  Bookmark |November 23, 2022 8:14:06 AM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
I think reason for this dismal performance was the limit on bse upper circuit..... 3-4 people put the heavy buy order at 1.9x and then with low size, there was not much lots on sale and it ended up listing at such high price...... I was also planning to buy at around 40 which i had posted but it went so high and had such high buy order at UC, that it was never worth the effort after that....
Was looking to jump into this at43-44 but seeing how some big gun or operator is playing here, better to look into it after it comes out of T+2 trade.....
Today also someome put a big sell order and then removed it....
Why would someone buy a stock when he/she knows someone is going to dump more lots
70. Takamichi |   Link |  Bookmark |November 22, 2022 8:10:40 AM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
Someone is looking to dump 1.4 lakh shares..... Was put to sell and then removed...... Was looking to buy but seeing fake orders being put out and then removed, not gonna jump into daps ..... Yesterday also someone was doing like this .....
69. Anshujii |   Link |  Bookmark |November 21, 2022 12:40:15 PM (400+ Posts)
Finally able to sold my alloted asingle lot with half of the profit...kuch nahi se kuch hi acha hai ... lesson learnt
69.1. Takamichi |   Link |  Bookmark |November 21, 2022 3:43:13 PM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
Fifty percent profit is a good amount.....
Think about few retailers who bought it at pre-open and then at high of 59-60..... They r stuck here..... They r already around 20-25 percent down on their capital....
I hope they atleast can break even on this soon
68. CL BASSI |   Link |  Bookmark |November 18, 2022 4:11:37 PM (200+ Posts)
I think it go below ipo price
68.2. JMKS |   Link |  Bookmark |November 18, 2022 6:14:21 PM
No volumes only 1 lot traded today and yesterday. I didn't see any such company that have 0 volume the next day.
68.3. NaveenK |   Link |  Bookmark |November 20, 2022 9:26:13 PM
May be one more precision metalic(PM) in making
Listed very well , then it reached to ipo price ...but now trading almost 40% below ipo price

I hope and wish it doesnot take PM path ( reversal possible may be at around 40 )

Note : don't have any lots , but wish to enter around 40
67. Takamichi |   Link |  Bookmark |November 17, 2022 10:49:41 AM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
Even operator is not touching it..... Normally operators atleast buy one or two lots at LC and sell one or two lots at UC to keep the stock running ....but nothing on that line being done for the stock....
67.3. Takamichi |   Link |  Bookmark |November 18, 2022 5:06:50 PM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
@NG i will advice u not to put sell order's coming in good buying range now....from Monday it would be available at around 45 and below which is a decent buying zone.....
Anyway u won't be able to sell if one or two lots r able to get sold ..... And if there is more lots sold then there would be reversal ..... So i would advice u to not put sell order now.....
Lokes can give better input and advice on this.....

Disclaimer: anything can happen in sme, i m telling this from past sme movements..... And take advice from any place u want but follow what u think is the right for ur money
67.4. Takamichi |   Link |  Bookmark |November 18, 2022 5:09:43 PM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
@NG if u get multiple lots allotment, from next time iwould advice u to book profit in one as it hedges any loss/reversal on other lot. ..... Most people with multiple lots try to book a some profit to hedge if loss happens in future
66. CL BASSI |   Link |  Bookmark |November 17, 2022 8:28:35 AM (200+ Posts)
Today ya tomorrow it will up up up
65. lokes |   Link |  Bookmark |November 14, 2022 3:56:26 PM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
anyone able to find this script in moneycontrol ?
am not able to find....
65.5. lokes |   Link |  Bookmark |November 15, 2022 10:20:12 PM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
this is first time in more than 1 year i am seeing no trade in any sme on second day of listing, means not a single at LC price its not a good sign and it looks like it will go for lower circuit for some days atleast until some big buying comes to absorb selling pressure....i sold my allotted lot yesterday only when circuit opened and it was not looking strong demand so i sold at 56.5....
@N.G: since you have 2 lots, so keep trying for selling 1 lot atleast daily so that if you will get some good profit then for other lot, some more safety will be there....
65.6. N.G. |   Link |  Bookmark |November 16, 2022 10:01:10 AM
@Lokesh ji, Thanks for your support.
64. Deps |   Link |  Bookmark |November 15, 2022 10:08:47 PM
Second day no trade ....any chance of positive ?
I thought this is first sme ipo...for this position...first day upper and lower circuit....and second day 0 trade....I hope positive buying
63. Pratik Jainnnnn |   Link |  Bookmark |November 15, 2022 12:57:07 PM
Got 1 allotment. Didnt sell on listing so. LC now. Have I done a blunder or it will revive back. Experts please comment
62. BABUKALIA |   Link |  Bookmark |November 15, 2022 12:36:19 PM
sbi me remove ho gaya he
61. Vipul M Shah |   Link |  Bookmark |November 15, 2022 9:46:30 AM (400+ Posts)
Your amount in SBI ASBA is still blocked ?
61.1. BABUKALIA |   Link |  Bookmark |November 15, 2022 11:21:48 AM
abhi tak block he
60. Vipul M Shah |   Link |  Bookmark |November 14, 2022 6:43:35 PM (400+ Posts)
My amount of 4 different accounts are still blocked and yet not released. (SBI ASBA)
59. BABUKALIA |   Link |  Bookmark |November 14, 2022 5:30:52 PM
Sbi me kisi ka remove hua he
58. lokes |   Link |  Bookmark |November 14, 2022 9:00:38 AM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
Great listing here at preopen upper circuit price, will surely hit uc and will continue for some days....i am holding my allotted 1 lot...much better listing than vital here...
58.2. Takamichi |   Link |  Bookmark |November 14, 2022 10:42:44 AM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
@nani naresh
If u look at lokes previous messages here..... He also didn't expect such high listing and had asked for profit booking above 50....
It's a sme anything can happen but it has given more profit to allottess than they expected.... Plus point is that majority of shared has changed hand and at high price....still i think its pricey above 50..... I would have bought at Max at 45.... It may go at any level but seeing the numbers it's a punt and faith on operator to go higher than this in short term
58.3. lokes |   Link |  Bookmark |November 14, 2022 12:08:24 PM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
@nani naresh: yes as suggested by takamichi, it looks costlier for new buying above also circuit has opened and it came below listing for now, new buying demand is not strong since already listed too high....
so you can wait for some days to see further movement....

57. MarketmakerRavi |   Link |  Bookmark |November 14, 2022 12:14:13 AM
I applied through axis Bank ASBA and account is not released any suggestion.... Where can we see lien balance for axis Bank.. Please help me
57.1. ParthibanV |   Link |  Bookmark |November 14, 2022 11:06:38 AM
You can find the lien amount in balance section. All accounts -> 4rth tab -> show balance
56. abc xyz |   Link |  Bookmark |November 14, 2022 9:35:00 AM
IPO Guru IPO Guru (1000+ Posts, 900+ Likes)
Now trading at nearer to Lower ckt ie 55
Selling pressure is there due to profit booking.
56.1. Good Old Days |   Link |  Bookmark |November 14, 2022 10:06:27 AM
Lets see if it closes in green. Then can see higher levels this week.
55. i For IPO ☑️ |   Link |  Bookmark |November 14, 2022 8:50:19 AM
IPO Mentor IPO Mentor (500+ Posts, 700+ Likes)
What's A Listing


55.1. i For IPO ☑️ |   Link |  Bookmark |November 14, 2022 9:12:28 AM
IPO Mentor IPO Mentor (500+ Posts, 700+ Likes)
Sold @ 29