Apar Advertisers Ltd. IPO Details
Apar Advertisers was incorporated on May 11, 2020. The company provides Out-of-Home (OOH) advertising services across India, operating a network of over 650 hoardings in urban and rural locations. Since commencing operations it has executed advertising campaigns tailored to diverse client requirements nationwide
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 2.5 M | - | - | ₹0.0 M | DRHP DOC |
Apar Advertisers issue details
Apar Advertisers has 2.5 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Apar Advertisers IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | BSE |
Apar Advertisers NUMBER OF SHARES ON OFFER
Apar Advertisers FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 61.3 | 7.1 | 3.6 | 3.0 | 16.3% |
| FY25 | 52.4 | 3.7 | 1.8 | 1.5 | 10.7% |
| FY24 | 42.5 | 2.8 | 4.6 | 3.3 | 10.1% |
Apar Advertisers INFORMATION ON IPO ISSUE
About Apar Advertisers
Apar Advertisers was incorporated on May 11, 2020. The company provides Out-of-Home (OOH) advertising services across India, operating a network of over 650 hoardings in urban and rural locations. Since commencing operations it has executed advertising campaigns tailored to diverse client requirements nationwide
Object of the Issue
- To meet the capital expenditure towards the conversion of existing billboards into digital billboards
- Funding inorganic growth through unidentified acquisitions and general corporate purposes
Apar Advertisers - PROMOTERS
| Name |
|---|
| Vinod Basant Pandey |
| Amit Chandrakant Sheth |
| Tejen Bharat Botadra |
Apar Advertisers - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Vinod Basant Pandey | Chairperson, Managing Director & CEO |
| Amit Chandrakant Sheth | Whole Time Director |
| Tejen Bharat Botadra | Non-Executive Non-Independent Director |
| Falguni Dinesh Parekh | Non-Executive Independent Director |
| Tanya Kiran Ajwani | Non-Executive Independent Director |
Apar Advertisers Book Running Lead Manager
Pune E - Stock Broking Limited
apar.ipo@pesb.co.in
Apar Advertisers Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Apar Advertisers Strengths
Extensive advertising network
The company operates a widespread advertising media network across multiple locations, enabling effective campaign execution based on location, traffic, and client requirements. It plans to further expand its media inventory and geographic presence to support future growth
Client relationships
The company provides Out-of-Home advertising services to corporate clients, advertising agencies, and government organizations across various sectors. Its focus on delivering customized advertising campaigns has helped build long-term client relationships while expanding its customer base
End-to-end execution capability
The company executes end-to-end Out-of-Home advertising campaigns across rural and urban locations, including installation, monitoring, and removal of advertising media. Its execution capabilities, supported by an associate network, enable timely delivery of campaigns based on client requirements
Apar Advertisers Risks
Dependent on leased media sites
The company operates an asset-light business model and relies on leased advertising sites rather than owning media infrastructure. Any loss of key leased locations, higher lease costs, or inability to secure alternative sites could disrupt operations and adversely affect its revenue and business performance
Campaign-based revenue risk
The company's revenue depends on campaign-based advertising orders rather than long-term customer contracts, making earnings less predictable. Any reduction in advertising spending, loss of repeat business, or delays in securing new campaigns could adversely affect its business and financial performance
Competition
The company operates in the highly competitive Out-of-Home advertising industry, where competition from established and new players may create pricing pressure and reduce market share. Any inability to compete effectively on location, pricing, or service quality could adversely affect its revenue and profitability
IPO FAQs
The promoters of the company are Vinod Basant Pandey, Amit Chandrakant Sheth and Tejen Bharat Botadra.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.