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Maagh Advertising And Marketing Services Ltd IPO (Maagh Advertising IPO) Detail

Sep 26, 2022 - Oct 4, 2022

Incorporated in 2013, Maagh Advertising And Marketing Services Limited is an advertising agency primary offering creative and media services. The company offers a complete range of designing, media and printing services.

The company services include the following:

Media Services: Print, Outdoor, Radio, Social Media, Media Planning, Buying and implementation

Creative Services: Concept Development, Print advertisements, Radio Spots, Outdoor advertisements, Online advertisements, Logo Design and Packaging Design.

Social Media Advertising: Creative web designing, SEO Services and Campaigns.

Other Services: Public Relation Campaigns and Product Launch campaigns.

The company also rely heavily on third parties like material suppliers, designers, media providers and other service providers to help us meet the contractual obligations and provide services as required by the client.

Competitive Strengths :

  • Meeting expectation of clients
  • Social media and digital advertising

Company Financials

Maagh Advertising And Marketing Services Ltd Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-191071.92989.653.33234.23233.23
31-Mar-201340.96526182.37301.46300.46
31-Mar-211154.842455.4275.97372.8371.8
31-Mar-221270.22179.955.38425.38249.38
Amount in ₹ Lakhs

Objects of the Issue

The objects of the Net Proceeds (as defined below) of the Issue are:

1. Purchase of Software

2. Purchase of Media Inventory

3. General Corporate Purposes

Maagh Advertising IPO Details

Maagh Advertising IPO Date Sep 26, 2022 to Oct 4, 2022
Maagh Advertising IPO Face Value ₹10 per share
Maagh Advertising IPO Price ₹60 per share
Maagh Advertising IPO Lot Size 2000 Shares
Issue Size1,520,000 shares of ₹10
(aggregating up to ₹9.12 Cr)
Fresh Issue1,520,000 shares of ₹10
(aggregating up to ₹9.12 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
NII (HNI) Shares Offered50%
Retail Shares Offered50%
Company Promoters

Miniboss Consultancy Private Limited and Azharuddin R. Mulla are the Promoters of the Company.

Maagh Advertising IPO Timeline (Tentative Timetable)

Maagh Advertising IPO opens on Sep 26, 2022, and closes on Oct 4, 2022. The Maagh Advertising IPO bid date is from Sep 26, 2022 10.00 A.M. to Oct 4, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
Maagh Advertising IPO Opening Date Sep 26, 2022
Maagh Advertising IPO Closing Date Oct 4, 2022
Basis of Allotment Oct 10, 2022
Initiation of Refunds Oct 11, 2022
Credit of Shares to Demat Oct 12, 2022
Maagh Advertising IPO Listing Date Oct 13, 2022

Maagh Advertising IPO Lot Size

The Maagh Advertising IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹120,000).

Application Lots Shares Amount
Retail (Min) 1 2000 ₹120,000
Retail (Max) 1 2000 ₹120,000

Maagh Advertising IPO Promoter Holding

Pre Issue Share Holding 99.95%
Post Issue Share Holding 53.63%

Maagh Advertising IPO Review

MAMSL is operating in a highly competitive segment with third-party service providers. It has posted a declining top line with pressure on margins. Post IPO low promoter’s holding and small equity base are major concerns. Based on FY22 earnings, the issue is aggressively priced. There is no harm in skipping this pricy issue. Read detail review...


Maagh Advertising IPO Subscription Status (Bidding Detail)

The Maagh Advertising IPO is subscribed 0.26 times on Sep 30, 2022 4:56:00 PM. The public issue subscribed 0.29 times in the retail category, times in the QIB category, and 0.22 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII0.22
Retail0.29
Total0.26

Maagh Advertising IPO Prospectus

Maagh Advertising IPO Rating

61
1.9
Rating:Rated 1.9 stars
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Company Contact Information

Maagh Advertising And Marketing Services Ltd
302, 3rd Floor, Kuber Complex,
Opp. Laxmi Industrial Estate, New Link Road,
Andheri West, Mumbai – 400053
Phone: +91 22 4603 3045
Email: info@maaghadvertising.in
Website: https://maaghadvertising.in/

Maagh Advertising IPO Registrar

Satellite Corporate Services Private Limited

Phone: +91-22- 28520461/462
Email: service@satellitecorporate.com
Website: http://www.satellitecorporate.com

Maagh Advertising IPO Review

Maagh Advertising IPO Recommendation Summary

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Members 0 0 4

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Maagh Advertising IPO FAQs

Maagh Advertising IPO is a SME IPO of 1,520,000 equity shares of the face value of ₹10 aggregating up to ₹9.12 Crores. The issue is priced at ₹60 per share. The minimum order quantity is 2000 Shares.

The IPO opens on Sep 26, 2022, and closes on Oct 4, 2022.

Satellite Corporate Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

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

Steps to apply in Maagh 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 'Maagh 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 Maagh Advertising IPO opens on Sep 26, 2022 and closes on Oct 4, 2022.

Maagh Advertising IPO lot size is 2000 Shares and the minimum order quantity is .

You can apply in Maagh 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 Maagh Advertising IPO will be done on Oct 10, 2022, and the allotted shares will be credited to your demat account by Oct 12, 2022. Check the Maagh Advertising IPO allotment status.

The Maagh Advertising IPO listing date is not yet announced. The tentative date of Maagh Advertising IPO listing is Oct 13, 2022.
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