Maxposure IPO: Check date, price band, GMP and other details
Live MintMedia and entertainment services company Maxposure is all set to launch its initial public offering. According to primary market experts, the company has set the price band for its upcoming public issue at ₹31 to ₹33 per share, with a face value of ₹10 per share. GYR Capital Advisors Private Limited is the book running lead manager of the Maxposure IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The Company proposes to utilize the Net Proceeds from the issue towards - Funding of expenses proposed to be incurred towards obtaining various certifications from the Federal Aviation Administration and the European Union Aviation Safety Agency for Wireless Streaming Server and Patented Inviseo tray table ; funding working capital requirements of the companypfor manufacturing the proposed oroducts and the working capital requirements of the company in the ordinary course of business; prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company and general corporate purposes. Maxposure IPO GMP today The shares of Maxposure IPO are available at a premium of ₹36 in the grey market premium, against the proposed IPO price of ₹33, on Wednesday, January 10.