Maagh Advertising IPO will open for subscription from 26 September 2022. the company aims for an issue size of ₹9.12 Cr through this IPO.
Maagh Advertising And Marketing Services Ltd
The company is an advertising agency primarily offering creative and media services. It creates and executes advertising campaigns across various media that help its client’s businesses and brands grow. Maagh Advertising offers a complete range of designing, media, and printing services. Its strength is media buying where it understands the clients’ marketing objective and uses the correct media to achieve that objective.
Its 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
- Packaging Design
Social Media Advertising
- Creative web designing
- SEO Services
- Campaigns
As part of its growth and expansion strategy, it intends to invest in Social Media Monitoring Software (SMMS) to widen the scope of services being offered. This software will be developed by a software company and will be customized software as per its requirements. Its customized Social media monitoring software will provide functionality for listening, tracking, and gathering relevant content across a wide range of social media. SMMS will automatically track all its accounts and compare social media performance with its competitors.
Basic details about the company
| Full name | Maagh Advertising And Marketing Services Ltd |
| Sector | Miscellaneous |
| Industry | Miscellaneous |
| Company Website | https://maaghadvertising.in/ |
Major Competitive Strengths
- Good customer base.
- High Social media and digital advertising capacity.
- Top-skilled employee force.
Objects of the Issue
- Purchase of Software.
- Purchase of Media Inventory.
- General Corporate Purposes.
Dates to remember
| IPO Opening date | 26 September 2022 |
| IPO Closing | 29 September 2022 |
| Basis of Allotment | 04 October 2022 |
| Initiation Refunds | 06 October 2022 |
| Credit to Demat Account | 07 October 2022 |
| Listing Date | 10 October 2022 |
Maagh Advertising IPO Details
| Maagh Advertising IPO Date | Sep 26, 2022 to Sep 29, 2022 |
| Maagh Advertising IPO Face Value | ₹10 per share |
| Maagh Advertising IPO Price | ₹60 per share |
| Maagh Advertising Lot Size | 2000 Shares |
| Issue Size | 1,520,000 shares of ₹10 (aggregating up to ₹9.12 Cr) |
| Fresh Issue | 1,520,000 shares of ₹10 (aggregating up to ₹9.12 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Maagh Advertising IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹120,000 |
| Retail (Max) | 1 | 2000 | ₹120,000 |
Maagh Advertising IPO Reservation Details
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
Maagh Advertising Financial Performance
| FY2020 | FY2021 | 9M FY2022 | |
| Revenue | 5,261.00 | 2,455.42 | 1,387.17 |
| Expenses | 5,072.79 | 2,269.92 | 1,286.48 |
| Net income | 77.86 | 72.21 | 40.36 |
Maagh Advertising Valuations & Margins
| FY 2020 | FY 2021 | 9M FY 2022 | |
| EPS | 4.42 | 4.10 | 2.29 |
| PE ratio | – | – | 26.20 |
| RONW (%) | 25.83 | 19.37 | 9.77 |
| NAV | – | – | 23.48 |
Company Promoters
- Miniboss Consultancy Private Limited
- Azharuddin R. Mulla
Maagh Advertising IPO Promoter Holding
| Pre Issue Share Holding | 99.95% |
| Post Issue Share Holding | 53.63% |
Lead Manager(s)
- Inventure Merchant Banker Services Pvt Ltd
Maagh Advertising IPO Registrar
SATELLITE CORPORATE SERVICES PRIVATE LIMITED
A 106 & 107, Dattani Plaza, East West Compound,
Andheri Kurla Road, Safed Pool Sakinaka,
Mumbai – 400072
Tel: +91 22 28520461
Email Id: service@satellitecorporate.com
Website: www.satellitecorporate.com
Maagh Advertising Contact
MAAGH ADVERTISING AND MARKETING SERVICES LIMITED
302, 3rd Floor, Kuber Complex,
Opp. Laxmi Industrial Estate,
New Link Road, Andheri West,
Mumbai – 400053, Maharashtra
Phone: +91 22 4603 3045
Email: info@maaghadvertising.in
Website: www.maaghadvertising.in
Maagh IPO Allotment Status
Maagh Advertising IPO allotment will be available on Satellite Corporate Services’ website. Click on this link to get allotment status.
Final thoughts
Maagh 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
