September 25, 2022 Sunday, 10:16 Hrs
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Details of forthcoming IPOs such as Company name, Open / Close date, Offer Price along with Issue Size.
IPO Synopsis
Maagh Advertising & Marketing Services Ltd
Registered Office: 302 3rd Floor Kuber Complex,Opp Laxmi Industrial Estate, Mumbai - 400053, Maharashtra, India.
Phone : 91-22-4603 3045   Fax:
Email :  
Website :
Public issue of 15,20,000 equity shares of face value of Rs. 10.00 each of Maagh Advertising and Marketing Services Limited ("The Company" or "The Issuer") for cash at a price of Rs. 60.00 per equity share (including a share premium of Rs. 50.00 per equity share) ("Issue "Price") aggregating to Rs. 9.12 crores ("The Issue"). Of the issue, 76,000 equity shares aggregating to Rs. 0.46 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 14,44,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 60.00 per equity share aggregating to Rs. 8.66 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 46.34% and 44.02%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 60.00 is 6.00 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
26-Sep-22 29-Sep-22 60.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  (Rs) Lead Managers to the Issue
Project Cost 8.32 Inventure Merchant Banker Services Pvt Ltd
Project Financed through Current Offer 9.12  
Post Issue Equity Share Capital 3.28  
Issue Price 60.00  
Funding capital expenditure requirements of the company Purchase of media inventory
General corpoate purposes
Promoted By
Miniboss Consultancy Pvt Ltd
Azharuddin R Mulla
Listing At
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