Maxposer Limited IPO:  The shares of Maxposer Limited are listed on the stock exchange at Rs 145 with a profit of 339.39 per cent. The upper price band of the company's IPO was Rs 33. This means, the investors who have been allotted shares of Maxposer Limited in the IPO, have got a huge profit of Rs 112 on each share on the day of listing.

Retail investors could place bets for 1 lot in the company's IPO. There were 4000 shares in one lot of IPO.

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Shares fell after strong listing

After a strong listing, the shares of Maxposure Limited have fallen. The company's shares fell by 5% and reached Rs 137.75. The price band of Maxpose Limited IPO was Rs 31-33.

Maxposer Limited IPO Detail

Maxposer Limited IPO was opened for subscription on January 15 and was closed on January 17 2024. The company's shares are listed on the National Stock Exchange SME platform. The company brought IPO to raise Rs 20.26 crore.

IPO Subscribed 987 times

The IPO of Maxposure Limited has been subscribed a total of 987.47 times. Retail investors Kota was subscribed 1034.23 times, Whereas, Non-Institutional Investors (NII) category was subscribed 1947.44 times. The company's IPO was subscribed 162.35 times in the Qualified Institutional Buyers (QIB) category. Before the IPO, the promoters' stake in the company was 84.35 per cent, which will now be reduced to 61.58 per cent. MaxExposure Limited was started in August 2016. The company provides personalized media and entertainment services across different platforms.

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