Simca Advertising
15 May '26SME
Min. Investment
₹2,08,800
Issue size
₹58.04 Cr
GMP
Locked
Overall subscription: 75.85x
Check allotment status
Expert verdict
IPO dates
08 May
Opening
12 May
Closing
13 May
Allotment
15 May
Listing
*Refunds will be initiated on 14 May '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1200 | ₹2,19,600 |
Subscription (as on 26 May 2026, 01:30 PM)
Overall75.85x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2022|MD: Mr Fahim Batliwala
- Simca Advertising Limited is a provider of advertising services, with a focus on out-of-home (OOH) media. The company offers a range of advertising formats in public spaces, including hoardings, gantries, bus panels, bus shelters, kiosks, utilities, and vinyl signage, along with digital out-of-home (DOOH) displays and event-based campaigns. It provides end-to-end campaign execution services, including media planning, location selection, and advertisement display across public spaces.
- The company operates a portfolio of over 100 OOH media assets, including static and digital displays, primarily located across high-traffic areas in Mumbai. These assets are operated through lease or sub-lease arrangements from promoters and third parties.
- Simca Advertising primarily operates in Mumbai and Maharashtra, serving clients across sectors such as real estate, entertainment, fashion, insurance, advertising agencies, and government organisations.
- Use of proceeds:
- This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes:
- Purchase and installation of light-emitting diode (LED) screens — Rs 12.72 crore
- Funding for strategic collaboration with Capital World Media Services Private Limited (CWM) for monetisation of 20 LED digital advertising screens — Rs 5 crore
- Incremental working capital requirements — Rs 23.5 crore
- General corporate purposes
Issue Details & Objective
Lot size
600 Shares
Price band
₹174 to 183
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 13.85%
QIB - 15.38%
HNI - 32.46%
Retail - 33.30%
Download DRHP (IPO Doc)FAQs
Should I apply for the Simca Advertising IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Simca Advertising IPO?
The issue size of Simca Advertising IPO is ₹58.04 Cr
What are the open and close dates for Simca Advertising IPO?
The Simca Advertising IPO will be open for applications from 08 May '26 to 12 May '26
What is the lot size and minimum order quantity of Simca Advertising IPO?
The lot size of Simca Advertising IPO is 600 Shares and its minimum investment amount is ₹2,08,800.
What is the GMP value of Simca Advertising IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Simca Advertising IPO is 1.09
Expert IPO analysisRESEARCH BACKED