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
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-19 | 1071.9 | 2989.6 | 53.33 | 234.23 | 233.23 |
| 31-Mar-20 | 1340.96 | 5261 | 82.37 | 301.46 | 300.46 |
| 31-Mar-21 | 1154.84 | 2455.42 | 75.97 | 372.8 | 371.8 |
| 31-Mar-22 | 1270.2 | 2179.9 | 55.38 | 425.38 | 249.38 |
| 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 Sep 29, 2022 |
| Maagh Advertising IPO Face Value | ₹10 per share |
| Maagh Advertising IPO Price | ₹60 per share |
| Maagh Advertising IPO 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 |
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
| Company Promoters | Miniboss Consultancy Private Limited and Azharuddin R. Mulla are the Promoters of the Company. |
Maagh Advertising IPO Timeline
Maagh Advertising IPO opens on Sep 26, 2022, and closes on Sep 29, 2022. The Maagh Advertising IPO bid date is from Sep 26, 2022 10.00 A.M. to Sep 29, 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 | Sep 29, 2022 |
| Basis of Allotment | Oct 4, 2022 |
| Initiation of Refunds | Oct 6, 2022 |
| Credit of Shares to Demat | Oct 7, 2022 |
| Maagh Advertising IPO Listing Date | Oct 10, 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 Prospectus
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