IPO Issue Details
Issue Price / Price Band₹30 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size17,00,000 shares (aggregating up to ₹5.10 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 31 Oct 2022
Subscription CloseThu, 03 Nov 2022
Anchor AllotmentSun, 30 Oct 2022
Basis of AllotmentWed, 09 Nov 2022
Initiation of RefundsThu, 10 Nov 2022
Credit of Shares to DematFri, 11 Nov 2022
Listing DateMon, 14 Nov 2022
UPI Mandate Deadline2022-11-03
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 4,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 8,000 shares
P/E Ratio (Pre-IPO)8.82x
Net Offer to Public16,08,000 shares (aggregating up to ₹4.82 Cr)
Reserved for Market Maker92,000 shares (aggregating up to ₹0.2760 Cr)
Pre-IPO Promoter Holding34,74,900 shares
Post-IPO Promoter Holding51,74,900 shares
About DAPS Advertising Ltd.
Incorporated in 1999, Daps Advertising Limited is engaged in the business of providing advertising agency services. The company offers 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.The company's customers include corporate clients operating in various business fields viz. construction, education, electronics, automobiles, FMCG, jewellery, apparel, insurance, housing, hospital, financial service providers, aviation, Government organizations etc.For the period ended September 30, 2022, and for the financial year ended March 31, 2022, 2021 and 2020, the company's revenue from operations was Rs 1458.33 lakhs, Rs 1868.31 lakhs, Rs 785.58 lakhs and Rs 2022.70 lakhs, respectively.Competitive Strength:Accreditation with Indian Newspaper Society (INS).Experience of our Promoters and senior management team.Customer Satisfaction.Repeat Customers.
Objects of the Issue
DAPS Advertising Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding working capital requirements
2.53
2
2 General Corporate Purpose
1.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
34,74,900 shares
Post-IPO Promoter Holding
51,74,900 shares