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Graphisads Limited IPO (Graphisads IPO) Detail

November 30, 2023 - December 5, 2023

Graphisads IPO is a fixed price issue of Rs 53.41 crores. The issue is entirely a fresh issue of 48.12 lakh shares.

Graphisads IPO bidding started from November 30, 2023 and ended on December 5, 2023. The allotment for Graphisads IPO was finalized on Friday, December 8, 2023. The shares got listed on NSE SME on December 13, 2023.

Graphisads IPO price is ₹111 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹133,200. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹266,400.

First Overseas Capital Limited is the book running lead manager of the Graphisads IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Graphisads IPO is Rikhav Securities.

Refer to Graphisads IPO RHP for detailed information.

Graphisads IPO Details

IPO Date November 30, 2023 to December 5, 2023
Listing Date December 13, 2023
Face Value ₹10 per share
Price ₹111 per share
Lot Size 1200 Shares
Total Issue Size4,812,000 shares
(aggregating up to ₹53.41 Cr)
Fresh Issue4,812,000 shares
(aggregating up to ₹53.41 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding post issue18,276,500
Market Maker portion242,400 shares
Rikhav Securities

Graphisads IPO Reservation

Graphisads IPO offers 4,812,000 shares. 2,284,800 (47.48%) to NII, 2,284,800 (47.48%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered242,400 (5.04%)
Other Shares Offered2,284,800 (47.48%)
Retail Shares Offered2,284,800 (47.48%)
Total Shares Offered4,812,000 (100%)

Graphisads IPO Timeline (Tentative Schedule)

Graphisads IPO opens on November 30, 2023, and closes on December 5, 2023.

IPO Open Date Thursday, November 30, 2023
IPO Close Date Tuesday, December 5, 2023
Basis of Allotment Friday, December 8, 2023
Initiation of Refunds Monday, December 11, 2023
Credit of Shares to Demat Tuesday, December 12, 2023
Listing Date Wednesday, December 13, 2023
Cut-off time for UPI mandate confirmation 5 PM on December 5, 2023

Graphisads IPO Lot Size

Investors can bid for a minimum of 1200 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 1200 ₹133,200
Retail (Max) 1 1200 ₹133,200
HNI (Min) 2 2,400 ₹266,400
Lot Size Calculator

Graphisads IPO Promoter Holding

Promoters of the company are Mr. Mukesh Kumar Gupta, Mr. Alok Mukesh Gupta, and Mrs. Padma Mukesh Gupta.

Share Holding Pre Issue 99.99%
Share Holding Post Issue 73.66%

About Graphisads Limited

Incorporated in 1987, Graphisads Limited provides marketing, advertising, and communications services to the government, private and public sectors.

Graphisads serves as an ad-tech communication solutions platform. The company's service list includes:

  • Media Services: Developing media plans and strategies for clients such as Air India Limited, National Buildings Construction Corporation Ltd (NBCC), Maulana Azad National Academy for Skills (MANAS), and many others.
  • Events: Providing customized event solutions including concept, design, development, and execution for all types of events. Some of the major events include Gata Rahe Mera Dil (PHDCCI music event), Ministry of Road Transport, Highways, GOI, Andhra Pradesh, Rozgar Mela, Skill India, Hunar haat, Divya Kala Mela, DTTDC Mango Festival, Yoga Day.
  • Creative Services: Planning and execution of creative ideas. This includes advertising, audio/video, print production, virtual tours, documentary production, and much more. The company has more than 35 creative minds.
  • Digital marketing: Providing digital marketing services, including search engine marketing, social media, web development, and SEO for the finance, insurance, telecom, automotive, real estate, travel, logistics, e-commerce, IT, FMCG, and education sectors.
  • Outdoor media: Providing outdoor advertising services through various options, including but not limited to traffic police stands, public utility stands, vending stands, benches, trash cans, information boards, etc.

As of June 30, 2023, Graphisads Limited has a team of 92 employees.

The company was awarded the "Best Media Agency of the Year 2013" at the Dawn Indian Realty Awards, "Excellence in Advertising" (print advertising category) by the Delhi Advertising Club, "Excellence in Advertising" (tourism category) by the Delhi Advertising Club in 2018, "Excellence in Advertising" (services category) by the Delhi Advertising Club in 2014 and "Excellence in Advertising" (outdoor media category) by the Delhi Advertising Club."

Graphisads Limited Financial Information (Restated Consolidated)

Graphisads Limited's revenue increased by 10.39% and profit after tax (PAT) dropped by -0.28% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Profit After Tax206.45556.62558.1955.84
Net Worth4,492.764,286.313,914.203,360.95
Reserves and Surplus3,146.312,939.863,721.853,168.60
Total Borrowing
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Graphisads IPO is Rs 202.87 Cr.

KPI Values
ROCE14.69 %
Pre IPO Post IPO
EPS (Rs) 4.13
P/E (x) 26.8824.56

Objects of the Issue (Graphisads IPO Objectives)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. Repayment of certain borrowings.
  2. To meet the Working Capital requirements.
  3. General Corporate Expenses.
  4. Issue Expenses.

Graphisads IPO Review (May apply)

[Dilip Davda]  The company is in a highly competitive and fragmented segment. It posted static profits for FY22 and FY23 despite growth in its top lines. Based on FY24 annualized super profits, the issue appears aggressively priced. We are witnessing fancy for marketing and advertising segment companies. Well-informed investors may park moderate funds for long-term rewards. Read detail review...

Graphisads IPO Subscription Status (Bidding Detail)

The Graphisads IPO is subscribed 3.86 times on December 5, 2023 7:29:00 PM. The public issue subscribed 5.52 times in the retail category, times in the QIB category, and 2.01 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Total Application : 10,520 (5.53 times)

Graphisads IPO Prospectus

Graphisads IPO Rating

Rating:Rated 3.7 stars
Vote Here ...

Graphisads IPO Listing Details

Listing Date December 13, 2023
BSE Script Code
Final Issue Price ₹111 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Graphisads Limited Contact Details

Graphisads Limited
4/24 A, AB House,
Asaf Ali Road, Near Delhi Gate,
New Delhi- 110002
Phone: +91 9871276731

Graphisads IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Graphisads IPO - Buy or Not

Graphisads IPO Recommendation Summary

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

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Graphisads IPO FAQs

Graphisads IPO is a SME IPO of 4,812,000 equity shares of the face value of ₹10 aggregating up to ₹53.41 Crores. The issue is priced at ₹111 per share. The minimum order quantity is 1200 Shares.

The IPO opens on November 30, 2023, and closes on December 5, 2023.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

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

Steps to apply in Graphisads 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 'Graphisads 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 Graphisads IPO opens on November 30, 2023 and closes on December 5, 2023.

Graphisads IPO lot size is 1200 Shares, and the minimum amount required is ₹133,200.

You can apply in Graphisads 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 Graphisads IPO will be done on Friday, December 8, 2023, and the allotted shares will be credited to your demat account by Tuesday, December 12, 2023. Check the Graphisads IPO allotment status.

The Graphisads IPO listing date is on December 13, 2023.
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Graphisads IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



73. Manan Surana |   Link |  Bookmark |January 2, 2024 7:59:43 AM
Top Contributor Top Contributor (800+ Posts, 200+ Likes)
good morning my dear and fellow members, since we know ipo party is on a break for a while , i request everyone here to suggest the breakdown they do or will do of their capital between mutual funds , direct equities and how much capital reserved for IPOs,.
Also , it'd be great if experienced market members from long time in this game of patience share their way of picking up mutual funds (for both short and long term, like quant and large caps), also what MFs can be bought this year for next 1 , 3 , 5 , 10 years..... happy new year to everyone and thank you all. wishing everyone an year full of allotments ahead....

@newgen consultancy @ValueSeeker @JSK✨ @B.M.SURANA @Palka @diwan kapoor @Aniketiaf @Jetha Lal @NeoLongus @rohiitian @Crow and other senior members.....
73.1. B.M.SURANA |   Link |  Bookmark |January 2, 2024 8:07:43 AM
IPO Guru IPO Guru (2600+ Posts, 4900+ Likes)
Investment Started With ₹5k In IPO
[ Not Interested In MF ]
73.2. ValueSeeker |   Link |  Bookmark |January 2, 2024 9:41:33 AM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
My whatever small MF holdings are there date back to 10-15 yrs when I was salaried. So only ELSS from tax saving perspective. Value wise, it is about 1% of my portfolio value.
About 3% in SGB.

Balance 95%+ is in direct equities.
My net capital (adjusting for significant dividends i.e. > 3.5% p.a. of cost) involved in direct equities stands approx around 40% of my investable corpus. Balance 60% is utilised for IPOs and emergency if any, and also enjoys Kotak Activmoney sweep facility above certain threshold level.

Apart from this, there are some health insurances, term insurances, ULIPs and investment plans, again mostly invested in equities or balanced funds tilting towards equities.

Everything above is at family level, family of 4 adults.

I have not considered FDs under parents' names, as I consider them strictly out of bounds.
72. COMMONMAN |   Link |  Bookmark |December 31, 2023 1:18:17 AM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
The fine print published on moneycontrol today.

If you are a retail investor aspiring to make a killing in SME IPOs, do give the red herring prospectus a cursory read. That should give an idea of whether you stand a realistic chance of making a decent profit. One Delhi-based SME which recently went public, had mentioned in the prospectus that a part of the IPO proceeds would be used to repay the outstanding on the home loan of one of the promoters.
72.1. Sanuipo |   Link |  Bookmark |January 1, 2024 9:41:52 PM
Good information. Let us hope that we suffered minimum loss. No hope of Profit. This time, half of the money gone. Some consolation if we could sale around 90 in a month or two.
71. SekharG |   Link |  Bookmark |December 26, 2023 8:13:27 PM
I think LM "First Overseas Capital Limited " is answerable for this steep fall.
71.1. Small Investor |   Link |  Bookmark |December 27, 2023 11:52:01 AM
IPO Guru IPO Guru (2100+ Posts, 1100+ Likes)
its only Operator Game

Cell Point m bda breakout bn rha h kbhi bhi ud skta h
71.2. Small Investor |   Link |  Bookmark |December 27, 2023 11:53:55 AM
IPO Guru IPO Guru (2100+ Posts, 1100+ Likes)
Graphisads Limited kl se T2T se bahar aa jaygea ,intraday allow from 28 dec,
70. sree vas |   Link |  Bookmark |December 26, 2023 3:20:29 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
guess it may cross 1350 after listing
69. Sanuipo |   Link |  Bookmark |December 19, 2023 9:09:57 PM
In last two years, I suffered extreme bad luck and did not receive a single IPO. Now my luck wants to do something more special with me so I got alottment of Graphisads. It fell at Rs 86 due to back to back circuits. I tried to sell but no buyers. What to do ?? I am really frustrated
69.1. Basuvr |   Link |  Bookmark |December 20, 2023 9:20:09 AM
IPO Guru IPO Guru (1800+ Posts, 1000+ Likes)
@Sanuipo Don't get frustrated keep Applying in good IPO'S. Graphisads circuit opened today, sell if you want to come out of it.

68. Kapil Mehra |   Link |  Bookmark |December 14, 2023 12:39:07 PM (200+ Posts)
Two bulk deals happened yesterday one person bought 3.10 lakh and other bought 1.20 lakh shares. Just talked to Co. Official and asked him to publish results of march-sept period.
Secondly told him to question the lead manager for poor handling of the listing.
68.3. dhruv shah |   Link |  Bookmark |December 15, 2023 12:31:39 PM
All the retail investor are now stuck
68.4. Basuvr |   Link |  Bookmark |December 18, 2023 12:24:08 PM
IPO Guru IPO Guru (1800+ Posts, 1000+ Likes)
Today trading is like 1 lot only per hour.

Difficult to get out of this now, it is 2nd cellpoint. Looks like circuit will open near 60.

Hope I am wrong. 🙏
67. Ipoaspire |   Link |  Bookmark |December 13, 2023 10:32:50 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
This will perform good,results are awaited.i expect this will surpass 150 levels in few days.
67.1. Kapil Mehra |   Link |  Bookmark |December 14, 2023 8:45:58 AM (200+ Posts)
@Ipoaspire, u r right sir, if this comes around 70 I will add one lot as I did in cosmic Crf and brought down my average to 250 and now see cosmic @405
67.2. Visamp |   Link |  Bookmark |December 14, 2023 11:49:50 AM
i accept i hold this lot for 6 months , will come near 2 times ,
66. Old.Fox |   Link |  Bookmark |December 13, 2023 9:01:56 AM
IPO Mentor IPO Mentor (700+ Posts, 300+ Likes)
At the moment the Graphissad....
65. ARJUN'S EYE |   Link |  Bookmark |December 13, 2023 8:33:36 AM
IPO Mentor IPO Mentor (800+ Posts, 600+ Likes)
Graphisads Ltd NSE SME IPO.
NSE Code:-20464                        
Issue Price:-111/-
Market Lot:-1200 Shares
Face Value:-10/-
Listing At:-NSE SME

Bye bye T+6
64. Kapil Mehra |   Link |  Bookmark |December 12, 2023 6:02:09 PM (200+ Posts)
Friends,yours opinion on listing...
Any gmp or clue about listing kindly share
64.2. KPCT |   Link |  Bookmark |December 12, 2023 6:45:29 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Never seen such a high suspense about listing.
64.3. SekharG |   Link |  Bookmark |December 13, 2023 8:38:14 AM
Guessing around +5 to 10
63. Gandhi priyal |   Link |  Bookmark |December 12, 2023 6:27:05 PM
Last ipo to list with T+6 norms... :) :) :) :)
62. Basuvr |   Link |  Bookmark |December 12, 2023 6:24:50 PM
IPO Guru IPO Guru (1800+ Posts, 1000+ Likes)

Bhai any Nafa news about Graphisads ?

Thanks in advance 🙏
62.2. Basuvr |   Link |  Bookmark |December 13, 2023 1:17:26 PM
IPO Guru IPO Guru (1800+ Posts, 1000+ Likes)
I am holding it for 2-3 and then decide.

Please check your risk appetite and decide

62.3. Basuvr |   Link |  Bookmark |December 13, 2023 2:22:10 PM
IPO Guru IPO Guru (1800+ Posts, 1000+ Likes)
@lokes sir, are you alloted here ? If yes, holding/sold ?
61. Visamp |   Link |  Bookmark |December 12, 2023 2:38:30 PM
60. KPCT |   Link |  Bookmark |December 11, 2023 8:30:53 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
"allotment se pahale listing" ke liye ise hamesha yad kiya jayega.
60.3. Ravi Makkar |   Link |  Bookmark |December 12, 2023 1:29:44 PM
allotment is out on website / link ... figure crossed for listing
60.4. Ravi Makkar |   Link |  Bookmark |December 12, 2023 1:33:37 PM
i dont think so based on your calculation because i applied 2 lot alloted 1 lot @ below 58 no. subbiah not alloted on HNI if like that me & subbiah we will be alloted full HNI allotment.
59. Basuvr |   Link |  Bookmark |December 11, 2023 7:03:16 PM
IPO Guru IPO Guru (1800+ Posts, 1000+ Likes)
Allotees has got the debit message, email and also shares credited in demat today and even BOA is also uploaded. Looks like Kfintech has forgotten to upload allotment at their site.

Anyone here not alloted whose funds are unblocked ?
58. Subbiah Ramanathan |   Link |  Bookmark |December 11, 2023 5:18:01 PM

Received confirmation in mail id. 1 allotted and the other not allotted in 2 lots of HNI CATEGORY
57. KPCT |   Link |  Bookmark |December 11, 2023 5:03:38 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Allotment still not uploaded,. Something cooking......
56. Subbiah Ramanathan |   Link |  Bookmark |December 11, 2023 2:16:02 PM
@ admin @Admin @ 

if registrar is not updating allotment details, where to check if allotted or not?
56.1. Admin @ |   Link |  Bookmark |December 11, 2023 4:07:04 PM
IPO Guru IPO Guru (1000+ Posts, 1500+ Likes)
Please contact the registrar through phone number or email.

Thank you,
Admin @

ProStocks (Stock Broker) offers Unlimited Trades @ Rs 899 Per Month (or Rs 15 per trade) + Rs 0 Eq Delivery Brokerage + AMC Free Demat + Rs 0 Account Opening Fee. Team guarantee you the best service. Open instant account

55. Not Smart |   Link |  Bookmark |December 11, 2023 11:55:02 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Shares credited to Dmat ac. Whether listing may happen tomorrow itself instead of Wednesday???
54. Small Investor |   Link |  Bookmark |December 11, 2023 9:49:50 AM
IPO Guru IPO Guru (2100+ Posts, 1100+ Likes)
Dear Admin
@Admin @ 

Why Allotment not showing in CG but BOA upload
54.1. Admin @ |   Link |  Bookmark |December 11, 2023 9:58:08 AM
IPO Guru IPO Guru (1000+ Posts, 1500+ Likes)
Hi Sir,

The allotment is not provided by the registrar online. Thats the reason its not added.

Thank you,
Admin @

ProStocks (Stock Broker) offers Unlimited Trades @ Rs 899 Per Month (or Rs 15 per trade) + Rs 0 Eq Delivery Brokerage + AMC Free Demat + Rs 0 Account Opening Fee. Team guarantee you the best service. Open instant account