Graphisads IPO Details

Fixed Price IPO | ₹53 Cr | Listed at NSE SME | Thu, Nov 30, 2023 - Tue, Dec 5, 2023

Graphisads IPO Logo

Graphisads IPO is a fixed price issue of ₹53.41 crores. The issue is entirely a fresh issue of 0.48 crore shares of ₹53.41 crore.

Graphisads IPO bidding started from Nov 30, 2023 and ended on Dec 5, 2023. The allotment for Graphisads IPO was finalized on Dec 8, 2023. The shares got listed on NSE SME on Dec 13, 2023.

Graphisads IPO price is ₹111 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹1,33,200 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,66,400.

First Overseas Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Rikhav Securities Ltd..

Refer to Graphisads IPO RHP for detailed Information.

IPO Open

Thu, Nov 30, 2023

IPO Close

Tue, Dec 5, 2023

Issue Price

₹111 per share

Market Cap (Pre-IPO)

₹202.87 Cr

IPO Details

IPO Date30 Nov to 5 Dec, 2023
Listed onWed, Dec 13, 2023
Face Value10 per share
Issue Price₹111 per share
Lot Size1,200 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtNSE SME

Total Issue Size48,12,000 shares
(agg. up to ₹53 Cr)
Reserved for Market Maker
2,42,400 shares
(agg. up to ₹3 Cr)
Rikhav Securities Ltd.
Fresh Issue
(Ex Market Maker)
45,69,600 shares
(agg. up to ₹51 Cr)
Net Offered to Public45,69,600 shares
(agg. up to ₹51 Cr)
Share Holding Pre Issue1,34,64,500 shares
Share Holding Post Issue1,82,76,500 shares
NSE Symbol GRAPHISAD
ISININE0POU01017

IPO Timetable

Issue Reservation

Graphisads IPO comprises a total issue size of 48,12,000 shares. The net offer to the public is 45,69,600 shares, after excluding 2,42,400 shares allotted on a firm basis. Of the Net offer 22,84,800 (50.00%) allocated to NII 22,84,800 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 22,84,80050.00%47.48%
Retail Shares Offered 22,84,80050.00%47.48%
Firm Reservations
Market Maker Shares Offered 2,42,4005.04%
Total Shares Offered 48,12,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 1,200 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 1,200 ₹1,33,200
Retail (Max) 1 1,200 ₹1,33,200
HNI (Min) 2 2,400 ₹2,66,400
IPO Subscription Details

About Graphisads Ltd.

Incorporated in 1987, Graphisads Limited provides marketing, advertising, and communications services to the government, private and public sectors.

Graphisads serves as an ad-tech communication solutions platform. The company's service list includes:

  • Media Services: Developing media plans and strategies for clients such as Air India Limited, National Buildings Construction Corporation Ltd (NBCC), Maulana Azad National Academy for Skills (MANAS), and many others.
  • Events: Providing customized event solutions including concept, design, development, and execution for all types of events. Some of the major events include Gata Rahe Mera Dil (PHDCCI music event), Ministry of Road Transport, Highways, GOI, Andhra Pradesh, Rozgar Mela, Skill India, Hunar haat, Divya Kala Mela, DTTDC Mango Festival, Yoga Day.
  • Creative Services: Planning and execution of creative ideas. This includes advertising, audio/video, print production, virtual tours, documentary production, and much more. The company has more than 35 creative minds.
  • Digital marketing: Providing digital marketing services, including search engine marketing, social media, web development, and SEO for the finance, insurance, telecom, automotive, real estate, travel, logistics, e-commerce, IT, FMCG, and education sectors.
  • Outdoor media: Providing outdoor advertising services through various options, including but not limited to traffic police stands, public utility stands, vending stands, benches, trash cans, information boards, etc.

As of June 30, 2023, Graphisads Limited has a team of 92 employees.

The company was awarded the "Best Media Agency of the Year 2013" at the Dawn Indian Realty Awards, "Excellence in Advertising" (print advertising category) by the Delhi Advertising Club, "Excellence in Advertising" (tourism category) by the Delhi Advertising Club in 2018, "Excellence in Advertising" (services category) by the Delhi Advertising Club in 2014 and "Excellence in Advertising" (outdoor media category) by the Delhi Advertising Club."

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets116.27110.37101.2694.08
Total Income26.0299.0589.7247.56
Profit After Tax2.065.575.580.56
NET Worth44.9342.8639.1433.61
Reserves and Surplus31.4629.4037.2231.69
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Repayment of certain borrowings; 16.62
2 To meet the Working Capital requirements; 21.45
3 General Corporate Expenses 13.34

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)4.13
P/E (x)26.8824.56
Promoter Holding99.99%73.66%
Market Cap202.87 Cr.
Promoters of the company are Mr. Mukesh Kumar Gupta, Mr. Alok Mukesh Gupta, and Mrs. Padma Mukesh Gupta.

IPO Review

[Dilip Davda]
The company is in a highly competitive and fragmented segment. It posted static profits for FY22 and FY23 despite growth in its top lines. Based on FY24 annualized super profits, the issue appears aggressively priced. We are witnessing fancy for marketing and advertising segment companies. Well-informed investors may park moderate funds for long-term rewards.
Read detail review...

Graphisads IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0100
Members0101

Graphisads IPO Subscription Status (Bidding Detail)

The Graphisads IPO is subscribed 3.86 times on December 5, 2023 7:29:00 PM (Day 4). The public issue subscribed 5.52 times in the retail category, [.] times in the QIB category, and 2.01 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid for
NII*2.0122,84,80045,93,600
Retail5.5222,84,8001,26,22,800
Total3.8645,69,6001,76,18,400

Total Application : 10,520

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Payment to Merchant Banker including, underwriting, and selling commissions, brokerages, Advisors to the Company, payment to other intermediaries such as Legal Advisors, Market Maker, Registrars etc. and other out of pocket expenses, Brokerage and selling commission 1.79
2 Advertising and marketing expenses 0.06
3 Printing & Stationery, Distribution, Postage 0.04
4 Regulatory and other statutory expenses including Listing Fee 0.12

Listing Day Trading Information

Price DetailsNSE SME
Final Issue Price111.00
Open111.50
Low105.95
High112.00
Last Trade105.95

Check IPO Performance…

IPO Registrar

Kfin Technologies Ltd.

Contact Details

Graphisads Ltd. Address
4/24 A, AB House,
Asaf Ali Road,
Near Delhi Gate,
New Delhi, New Delhi, 110002
Open an Instant Account with Zerodha

IPO FAQs

Graphisads IPO is a SME IPO of 48,12,000 equity shares of the face value of ₹10 aggregating up to ₹53 Crores. The issue is priced at ₹111 per share. The minimum order quantity is 1200.

The IPO opens on Thu, Nov 30, 2023, and closes on Tue, Dec 5, 2023.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Graphisads IPO using UPI as a payment gateway. Zerodha customers can apply in Graphisads IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Graphisads IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Graphisads IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Graphisads IPO opens on Thu, Nov 30, 2023 and closes on Tue, Dec 5, 2023.

Graphisads IPO lot size is 1200, and the minimum amount required for application is ₹1,33,200.

You can apply in Graphisads IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Graphisads IPO will be done on Friday, December 8, 2023, and the allotted shares will be credited to your demat account by Tue, Dec 12, 2023. Check the Graphisads IPO allotment status.

The Graphisads IPO listing date is on Wed, Dec 13, 2023.

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