Maagh Advertising And Marketing Services IPO: GMP, Price, Dates, Issue Size

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Maagh Advertising And Marketing Services IPO – Overview    

IPO Dates  29th sept- 4th Oct 2022. 
IPO Price  INR 102 per share  
Fresh issue  4,075,200 shares (INR 41.57crore)  
Offer For Sale  Nil 
Total IPO size  4,075,200 shares (INR 41.57 crore)  
Minimum bid (lot size)  1200 shares 
Face Value   INR 10 per share  
Retail Allocation  35%  
Listing On  BSE Emerge 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Maagh Advertising And Marketing Services IPO -Tentative Dates           

IPO Offer Opening Date  29 September 2022 
IPO Closing Date  4 October 2022  
Finalisation of Basis of Allotment  10 October 2022  
Initiation of refunds  11 October 2022  
Transfer of shares to demat accounts  12 October 2022  
IPO Listing Date  13 October 2022 
Opening Price on BSE SME  Coming soon  
Closing Price on BSE SME  Coming soon 

Maagh Advertising And Marketing Services IPO- Company Overview    

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. 

Objects of the Issue 

  • Purchase of Media Inventory and Software’s 
  • General Corporate Purposes. 

Company Financials

Particulars          31-March-22 31-June-21 31-Mar-20 
Total Assets          1270.2 1154.84 1340.96 
Total Revenue          2179.9 2455.42 5261 
Profit After Tax          55.38 75.97 82.37 

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/ 

Registrar 

Satellite Corporate Services Private Limited 
 
Phone: +91-22- 28520461/462 
Email: service@satellitecorporate.com 
Website: http://www.satellitecorporate.com 

Lead Manager(s) 

  1. Inventure Merchant Banker Services Pvt Ltd (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

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