SME • IPO

Simca Advertising IPO (NSE SME) IPO

Minimum Investment

₹219,600

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.

Issue Type

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 On08-05-2026
Bid/Offer Closes On12-05-2026
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat
IPO Listing Date

Grey Market Premium (GMP)

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