DAPS Advertising's IPO will open on 31 October and close on 3 November. This will be an SME IPO . Which will be listed on BSE SME Exchange on 14 November. The IPO share price will be Rs 30 per share. The promoters of the company are Akhilesh Chaturvedi, Dharmesh Chaturvedi and Paresh Chaturvedi . After the IPO, the promoter's shareholding will come down to 64.91% from 96.66% earlier.
DAPS Advertising is a leading advertising agency. The company works for respected and well-known corporate houses that have a distinct identity in various sectors, such as construction, education, electronics, automobile, FMCG, jewellery, clothing and apparel, insurance, housing, hospital, trading-stock and government organization. The company has good tie-up with major newspapers, popular FM radio and satellite channels of the country.
DAPS Advertising 's specialization is in Display Ads, Creative Ads, Recruitment Ads and Tender Ads. This company makes brands more relevant and attractive to their customers. DAPS Advertising schedules ads in major newspapers of the country. Along with this, it also works in outdoor advertising (banner posters and hoardings), road shows, seminars and event management.
DAPS IPO ALOTMENT STATUS BIGSHARE
Important information about DAPS Advertising IPO
| DAPS Advertising IPO opening date | 31 October 2022 |
| DAPS Advertising IPO closing date | 03 November 2022 |
| DAPS Advertising IPO Share Allotment Date | 09 November 2022 |
| refund issue date | 10 November 2022 |
| Date of entry into share demat account | 11 November 2022 |
| DAPS Advertising IPO Listing Date | 14 November 2022 |
| IPO Listing Exchange | BSE SME |
| ipo price | ₹30 per share |
| ipo lot size | 4000 shares (₹120,000) |
| IPO size | ₹5.10 crore (1,700,000 shares). |
| ipo face value | ₹10 |
| NII (HNI) Reservation | 50% |
| RETAIL Reservation | 50% |
| DRP | Reports |
| DAPS Advertising IPO IPO Lead Manager | Shreni Shares Private Limited. |
| DAPS Advertising IPO IPO Registrar | Bigshare Services Pvt Ltd |
| Gray Market Premium (GMP) | ₹10 |
Financial Information of DAPS Advertising (Figures in Lakhs)
| FY 2020 | FY 2021 | FY 2022 | FY2023-30 SEP | |
| asset | 1327.75 | 1193.58 | 1370.59 | 1728.85 |
| revenue | 2037.32 | 803.57 | 1877 | 1466.09 |
| profit after tax | 39.48 | 9.77 | 109.19 | 87.62 |
| net worth | 715.36 | 725.13 | 834.32 | 921.95 |
| reserve and surplus | 367.87 | 377.64 | 486.83 | 574.46 |
| net lending | 183.42 | 123.35 | 41.29 | 218.46 |
IPO Subscription Status
| 31 October | 01 November 2022 | 02 November 2022 | 03 November 2022 | |
| NII | 0.40 | 2.17 | 3.95 | 83.24 |
| RETAIL | 1.56 | 4.91 | 11.55 | 48.63 |
| TOTAL | 0.98 | 3.54 | 7.75 | 65.93 |