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

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 Date | 30 Nov to 5 Dec, 2023 |
| Listed on | Wed, Dec 13, 2023 |
| Face Value | ₹10 per share |
| Issue Price | ₹111 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 48,12,000 shares (agg. up to ₹53 Cr) |
| Reserved for Market Maker | 2,42,400 shares Rikhav Securities Ltd. (agg. up to ₹3 Cr) |
| Fresh Issue (Ex Market Maker) | 45,69,600 shares (agg. up to ₹51 Cr) |
| Net Offered to Public | 45,69,600 shares (agg. up to ₹51 Cr) |
| Share Holding Pre Issue | 1,34,64,500 shares |
| Share Holding Post Issue | 1,82,76,500 shares |
| NSE Symbol | GRAPHISAD |
| ISIN | INE0POU01017 |
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 | 22,84,800 | 50.00% | 47.48% |
| Retail Shares Offered | 22,84,800 | 50.00% | 47.48% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,42,400 | 5.04% | |
| Total Shares Offered | 48,12,000 | 100.00% | 100.00% |
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 |
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:
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."
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 116.27 | 110.37 | 101.26 | 94.08 |
| Total Income | 26.02 | 99.05 | 89.72 | 47.56 |
| Profit After Tax | 2.06 | 5.57 | 5.58 | 0.56 |
| NET Worth | 44.93 | 42.86 | 39.14 | 33.61 |
| Reserves and Surplus | 31.46 | 29.40 | 37.22 | 31.69 |
| Amount in ₹ Crore | ||||
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 |
| KPI | |
|---|---|
| ROE | 12.99% |
| ROCE | 14.69 % |
| RoNW | 12.99% |
| PAT Margin | 5.62% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.13 | |
| P/E (x) | 26.88 | 24.56 |
| Promoter Holding | 99.99% | 73.66% |
| Market Cap | ₹202.87 Cr. |
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)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 2.01 | 22,84,800 | 45,93,600 |
| Retail | 5.52 | 22,84,800 | 1,26,22,800 |
| Total | 3.86 | 45,69,600 | 1,76,18,400 |
Total Application : 10,520
*Market Maker portion is not included to NII/HNI.
| # | 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 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹111.00 |
| Open | ₹111.50 |
| Low | ₹105.95 |
| High | ₹112.00 |
| Last Trade | ₹105.95 |
Lead Manager Reports
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
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.