Graphisads IPO: The initial public offering (IPO) of Graphisads Ltd, an integrated marketing, advertising and communications agency, will open for subscription on Thursday, November 30. Graphisads IPO is an SME IPO and a fixed-price issue that will close on Tuesday. , December 5th.
The company plans to raise ₹53.41 crore from the initial public offer which is a completely fresh issue of 48.12 lakh shares.
Graphisads IPO price band is ₹111 per share. The IPO lot size is 1,200 shares and the minimum investment amount required from retail investors is ₹133,200.
The company intends to use the fresh IPO proceeds towards repayment of certain loans, meeting working capital requirements and general corporate expenses.
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Graphisads IPO allotment is expected to be finalized on December 8, while the company’s shares will list on NSE SME with a tentative listing set for December 13, 2023.
First Overseas Capital Ltd is the book-running lead manager of the Graphisads IPO, while Kfin Technologies is the IPO registrar.
About Graphisads Ltd
Graphisads Ltd is an integrated marketing, advertising and communications agency, providing 360 degree solutions to its wide range of clients. The company provides advertising services on the job orders received from Government sector, Private sector and Public sectors.
It offers an advanced ecosystem and end-to-end ad technology communication solutions platform for advertising media services consisting of Brand Strategy, Communication Strategy, Creative Services, Media Planning, Media Buying & Media Release services, according to the company Red Herring. Prospect (RHP).
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These services cover advertising modes such as Newspapers, Magazines, Radio and TV, Events & Exhibitions, Digital Media, Brochures Printing, and display of Outdoor Features, Digital screens and street furniture.
Finances
Graphisads Ltd reported a net profit of ₹55.66 crore and income from operations of ₹984.3 crore in FY23. At the operating level, the company’s earnings before interest, tax, depreciation and amortization (EBITDA) for the year was ₹1,148 crore, while EBITDA margin was 11.59%.
For the 3-month period ended June 30, 2023, the company’s net profit was ₹20.64 crore and income from operations was ₹259.41 crores. EBITDA during the period was ₹36.65 crores and EBITDA margin was at 14.09%.
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Graphisads IPO GMP Today
Graphisads IPO GMP today, or gray market premium today, is ₹0, according to market observers. This means that Graphisads IPO shares do not trade at any premium or discount to the issue price in the gray market.
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Updated: 29 Nov 2023, 14:59 IST