Minimum Investment
₹109,800
Price Range
₹174 to ₹183
Lot Size
600 shares
Issue Size
₹58 Cr
About the Company
Incorporated in June 2022, Simca Advertising Limited provides advertising services, with a focus on Out-of-Home (“OOH”) media in Mumbai and Maharashtra.
Bookbuilding IPO
IPO Objectives
- Purchase and installation of LED (“Light-emitting diode”) screens
- Funding for strategic collaboration with Capital World Media Services Private Limited (“CWM”) for monetization of 20 LED digital advertising screensFunding the incremental working capital requirements; and
- General corporate purposes
Important Dates
| Bid/Offer Opens On | 08-05-2026 |
| Bid/Offer Closes On | 12-05-2026 |
| Finalisation of Basis of Allotment | 13-05-2026 |
| Initiation of Refunds | 14-05-2026 |
| Credit of Shares to Demat | 14-05-2026 |
| IPO Listing Date | 15-05-2026 |
IPO Subscription Status
| Category | Offered Shares | Applied Shares | Times |
|---|---|---|---|
| QIB | 487,800 | 898,200 | 1.84x |
| NII | 1,029,600 | 531,000 | 0.52x |
| NII ( >10 lakh) | 686,400 | 473,400 | 0.69x |
| NII ( <10 lakh) | 343,200 | 57,600 | 0.17x |
| Retail | 1,056,000 | 0 | 0.00x |
| Total | 2,573,400 | 1,429,200 | 0.56x |
Grey Market Premium (GMP)
₹10.00
per share
Registrar
MUFG Intime India Pvt.Ltd.
Lead Managers
- Socradamus Capital Pvt.Ltd.
Company Promoters
- The Promoters of the Company are Fahim Batliwala and Ashma Fahim Batliwala.\r\n
