Select Page

DAPS Advertising IPO Detail

DAPS Advertising IPO Detail

DAPS Advertising IPO opens on October 31 and closes on November 3, 2022. According to the DRHP filed by the company with SEBI, they are planning to issue 17,00,000 shares of Rs 10 each, aggregate up to Rs 5.10 crore through this public issue.

A full range of advertising media services, including print media, electronic media, and outdoor media services, are provided by DAPS Advertising Limited, an integrated advertising agency. These services cover advertisement modes like those found in newspapers, brochures, magazines, television channels, FM channels, and the placement of outdoor hoardings, among others.

The business was recognized with two awards: “Best Advertising Agency” from Innovation Associates of Brand & Research in FY 2015–16 and “Best Agency in Highest Kanpur Edition Business” from Hindustan (a daily newspaper of Hindustan Media Ventures Limited).

Objects of the Issue

The company proposes to utilise the Net Proceeds of the Fresh Issue towards funding the following objects:

  1. Funding Working Capital Requirements of the Company  
  2. General corporate purposes

Financial Highlights

ParticularsPeriod ended on 30th Sept. 2022FY 2021-22FY 2020-21FY 2019-20
Total Assets1728.851370.591193.581327.75
Net worth921.95834.32725.13715.36
Revenue from operations1466.091877803.572037.32
Profit After Tax87.62109.199.7739.48
Total Borrowing (As per Restated Balance sheet)218.4641.29123.35183.42
(Rs in Lakhs)

DAPS Advertising IPO – Details

According to the DRHP filed by the company with SEBI, they are planning to issue 17,00,000 shares of Rs 10 each, aggregate up to Rs 5.10 crore through this public issue.

Issue TypeFixed Price Issue IPO
IPO PriceRs 30 per share
Face ValueRs 10 per share
Market Lot4000 shares
Issue Size17,00,000 shares of Rs 10 (Aggregating up to Rs 5.10 crore)
Fresh Issue17,00,000 shares of Rs 10 (Aggregating up to Rs 5.10 crore)
NII (HNI) Shares Offered50% of the Net offer
Retail Shares Offered50% of the Net offer
Listing AtBSE SME
Promoters1. Akhilesh Chaturvedi,
2. Dharmesh Chaturvedi and
3. Paresh Chaturvedi

Tentative Dates for DAPS Advertising IPO

IPO opens onOct 31, 2022
IPO closes onNov 3, 2022
Basis of Allotment publication dateNov 9, 2022
Initiation of RefundNov 10, 2022
Credit of shares to Demat AccountNov 11, 2022
IPO listingNov 14, 2022

DAPS Advertising IPO – Lot Size

ApplicationsLotsSharesAmount
Retail (Min)14000Rs 1,20,000
Retail (Max)14000Rs 1,20,000

DAPS Advertising IPO – Promoter Holding

Pre issue share holding96.66%
Post issue share holding64.91%

DAPS Advertising IPO – SWOT Analysis

STRENGHTH

  1. Accreditation with Indian Newspaper Society (INS)
  2. Customer satisfaction
  3. Quality

Also read: Rite Zone Chemcon IPO Detail

WEAKNESS

  1. Company involved in certain legal proceedings which are pending at different levels of adjudication before various courts, tribunals, enquiry officers, and appellate authorities.
  2. Top 10 customers contribute majority of our revenues from operations for the year ended March 31, 2022, 2021 and 2020. Any loss of business from one or more of them may adversely affect company revenues and profitability.

OPPORTUNITY

India has one of the fastest-growing advertising industries, recording just under 750 billion Indian rupees in revenues in 2021.

THREAT

  1. Unable to respond to changes in consumer demands and market trends in a timely manner.
  2. Competitors

Miscellaneous Information

Download Prospectus (PDF)IPO DRHP
IPO RHP
Company Contact Information128, Clyde House, Office No. 9- B, The Mall,
Kanpur, Uttar Pradesh – 208 001, India
Email: [email protected]
Website: www.dapsadvertising.com
IPO RegistrarBigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Websitehttp://www.bigshareonline.com
IPO Lead Manager(s)Shreni Shares Pvt Ltd

FAQ’s

The lot size of DAPS Advertising IPO is 4000 shares.

November 9, 2022 is the date of IPO allotment.

Click here for more FAQs.

Leave a reply

Your email address will not be published. Required fields are marked *

Current IPO (Main Board)

Issuer CompanyOpenClose
Tata Technologies Ltd.--
Plaza Wires Ltd.29-Sep-234-Oct-23
27-Sep-233-Oct-23
Updater Services Ltd.25-Sep-2327-Sep-23
JSW Infrastructure ltd.25-Sep-2327-Sep-23
22-Sep-2326-Sep-23
20-Sep-2322-Sep-23
20-Sep-2322-Sep-23
Yatra Online Ltd.15-Sep-2320-Sep-23
14-Sep-2318-Sep-23

SME IPO

Issuer CompanyOpenClose
Rajgor Castor Derivatives Ltd.17-Oct-2320-Oct-23
WomanCart Ltd.16-Oct-2318-Oct-23
12-Oct-2316-Oct-23
Committed Cargo Care Ltd.6-Oct-2310-Oct-23
29-Sep-234-Oct-23
Karnika Industries Ltd.29-Sep-234-Oct-23
Plada Infotech Services Ltd.29-Sep-234-Oct-23
29-Sep-234-Oct-23
29-Sep-234-Oct-23
Vivaa Tradecom Ltd.27-Sep-234-Oct-23

RECENT COMMENT