DAPS Advertising IPO will open for subscription from 31 October 2022. the company aims for an issue size of ₹5.10 Cr through this IPO.
DAPS Advertising Limited
The company is engaged in the business of providing advertising agency services offering 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.
DAPS Advertising is an INS (Indian Newspaper Society) accredited company. The company acts as an intermediary between clients and the media and its scope of services includes assisting clients in choosing the optimal advertisement channel in accordance with their budget and regional preference, designing advertisements (through an in-house team or third party), negotiating and booking ad space with chosen media agency and ensuring the publication of requisite advertisement.
Its client domain mainly includes corporate clients operating in various business fields viz. construction, education, electronics, automobiles, FMCG, jewelry, apparel, insurance, housing, hospital, financial service providers, aviation, Government organizations, etc.
Basic details about the company
| Full name | DAPS Advertising Limited |
| Sector | Media & Entertainment |
| Industry | Printing And Publishing |
| Company Website | http://www.dapsadvertising.com/ |
Major competitive strengths
- Experienced Promoters and senior management team.
- Accreditation with the Indian Newspaper Society (INS).
- Excellent client responses.
Objects of the Issue
- Funding working capital requirements.
- General corporate purposes.
Dates to remember
| IPO Opening date | 31 October 2022 |
| IPO Closing | 03 November 2022 |
| Basis of Allotment | 09 November 2022 |
| Initiation Refund | 10 November 2022 |
| Credit to Demat Account | 11 November 2022 |
| Listing Date | 14 November 2022 |
DAPS Advertising IPO Details
| IPO Date | Oct 31, 2022 to Nov 3, 2022 |
| Face Value | ₹10 per share |
| Price | ₹30 per share |
| Lot Size | 4000 Shares |
| Issue Size | 1,700,000 shares of ₹10 (aggregating up to ₹5.10 Cr) |
| Fresh Issue | 1,700,000 shares of ₹10 (aggregating up to ₹5.10 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
DAPS Advertising IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹120,000 |
| Retail (Max) | 1 | 4000 | ₹120,000 |
IPO Reservation Details
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
DAPS Advertising Financial Performance
| FY 2020 | FY 2021 | FY 2022 | H1 FY2023 | |
| Revenue | 2,022.70 | 785.58 | 1,868.31 | 1,458.33 |
| Expenses | 1,983.57 | 790.26 | 1,731.07 | 1,348.89 |
| Net income | 39.48 | 9.77 | 109.19 | 87.62 |
DAPS Advertising Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 1.14 | 0.28 | 3.14 |
| PE ratio | – | – | 9.55 |
| RONW (%) | 5.52 | 1.35 | 13.09 |
| NAV | – | – | 24.01 |
Company Promoters
- Akhilesh Chaturvedi
- Dharmesh Chaturvedi
- Paresh Chaturvedi
DAPS Advertising IPO Promoter Holding
| Pre Issue Share Holding | 96.66% |
| Post Issue Share Holding | 64.91% |
Lead Manager(s)
- Shreni shares Pvt Ltd
DAPS Advertising Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Pinnacle Business Park,
Mahakali Caves Road, next to Ahura Centre,
Andheri East, Mumbai- 400093, Maharashtra
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
DAPS Advertising Contact Details
DAPS ADVERTISING LIMITED
128, Clyde House,
Office No. 9-B, The Mall,
Kanpur, Uttar Pradesh- 208 001
Phone: +91 8115076766
E-mail: investor@dapsadvertising.com
Website: www.dapsadvertising.com
DAPS Advertising IPO Allotment Status
DAPS Advertising IPO allotment will be available on Bigshare Services’ website.
Click on this link to get allotment status.
Final thoughts
DAPS Advertising IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
