Fixed Price IPO | ₹[.] Cr | Listing at BSE SME |

Max Marketing Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on February 5, 2026.
Max Marketing Ltd. IPO was a Fixed Price Issue consisting solely of fresh issue of upto 0.22 crore equity shares.
The equity shares were proposed to be listed on the BSE SME. Interactive Financial Services Ltd. was the book running lead manager and Bigshare Services Pvt.Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 22,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 22,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 56,50,000 shares |
| Share Holding Post Issue | 78,50,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Aug 27, 2025 |
| Offer document withdrawn | Thu, Feb 5, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Incorporated in 2020, Max Marketing Limited is engaged in providing consultancy-based services focused on the marketing and promotion of films across India. The company specializes in strategic planning, concept development, and coordination of marketing campaigns tailored for films in multiple languages, including Telugu, Gujarati, Punjabi, Marathi, and Hindi.
At the pre-shoot stage, the company offers inputs after understanding the film’s narration, helping identify suitable product placements and brand integrations aligned with the storyline, while also liaising with third-party brands for in-film branding and sponsorships.
In the post-shoot phase, Max Marketing coordinates with specialized agencies for designing posters and trailers, digital and visual promotions, social media campaigns, public relations, music coordination, and on-ground promotional events such as radio coverage, outdoor advertising, city visits, trailer launches, and premieres.
Operating as a consultancy-based service provider, the company focuses on delivering strategic and creative marketing solutions for films during both pre-production and post-production phases.
As of August 15, 2025, the company employed 14 people.
Max Marketing Ltd.'s revenue increased by 13% and profit after tax (PAT) not changed between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 8.19 | 6.22 | 5.09 |
| Total Income | 6.18 | 5.47 | 5.69 |
| Profit After Tax | 1.61 | 1.61 | 2.12 |
| EBITDA | 1.97 | 1.97 | 2.75 |
| NET Worth | 6.95 | 5.30 | 3.69 |
| Reserves and Surplus | 6.93 | 5.27 | 3.66 |
| Total Borrowing | 0.05 | 0.00 | 0.00 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 27.02% |
| ROCE | 31.61% |
| RoNW | 23.80% |
| PAT Margin | 28.00% |
| EBITDA Margin | 31.89% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 2.85 | 2.05 |
| Promoter Holding | 100% |
Lead Manager Reports
Max Marketing IPO is a SME IPO of 22,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Max Marketing IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Max Marketing IPO using UPI as a payment gateway. Zerodha customers can apply in Max Marketing IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Max Marketing IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Max Marketing IPO dates are not announced. Please check back again after some time.
Max Marketing IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Max Marketing 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 Max Marketing IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Max Marketing IPO allotment status.
The Max Marketing IPO listing date is not yet announced. The tentative date of listing is .