{"id":49758,"date":"2026-05-04T14:34:05","date_gmt":"2026-05-04T09:04:05","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2026\/05\/04\/simca-advertising-limited-ipo-opens-on-may-08-2026\/"},"modified":"2026-05-04T14:34:05","modified_gmt":"2026-05-04T09:04:05","slug":"simca-advertising-limited-ipo-opens-on-may-08-2026","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2026\/05\/04\/simca-advertising-limited-ipo-opens-on-may-08-2026\/","title":{"rendered":"Simca Advertising Limited IPO Opens on May 08, 2026"},"content":{"rendered":"<div>\n<p><strong>Mumbai (Maharashtra) [India], May 4:<\/strong> Simca Advertising Limited,\u00a0a Mumbai\u00a0and Maharashtra-based OOH (Out-of-Home) advertising player,\u00a0is\u00a0coming up with its IPO. The company is\u00a0opening\u00a0its Initial Public Offering on\u00a0May 08, 2026, aiming to raise\u00a0\u20b9\u00a058.04\u00a0Crores with shares to be listed on the\u00a0NSE Emerge platform.<\/p>\n<p>The issue size is\u00a0\u20b958.04 Crore\u00a0with a fresh issue size of\u00a031,71,600\u00a0equity shares with a face value of\u00a0\u20b910\u00a0each\u00a0with\u00a0a price band of\u00a0\u20b9174\u00a0\u2013\u00a0\u20b9183\u00a0Per Share.<\/p>\n<p><strong>Equity Share Allocation<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>QIB (Including Anchor Portion)\u00a0\u2013\u00a09,27,000\u00a0Equity\u00a0Shares<\/li>\n<li>Non-Institutional\u00a0Bidders\u00a0\u2013\u00a010,29,600\u00a0Equity\u00a0Shares<\/li>\n<li>Individual\u00a0Bidders\u00a0\u2013\u00a010,56,000\u00a0Equity\u00a0Shares<\/li>\n<li>Market Maker\u00a0\u2013\u00a01,59,000\u00a0Equity Shares<\/li>\n<\/ul>\n<p>The net proceeds from the IPO will be utilized for\u00a0the purchase and installation of LED (\u201cLight-emitting diode\u201d) screens,\u00a0funding for strategic collaboration with Capital World Media Services Private Limited\u00a0(\u201cCWM\u201d) for monetization of 20 LED digital advertising screens,\u00a0funding incremental working capital requirements,\u00a0general corporate purposes,\u00a0and issue-related expenses.\u00a0The\u00a0anchor\u00a0bidding\u00a0will open on\u00a0Thursday,\u00a0May 07, 2026. The issue\u00a0will\u00a0open on\u00a0Friday,\u00a0May\u00a008,\u00a02026,\u00a0and close on\u00a0Tuesday,\u00a0May 12, 2026.<\/p>\n<p>The Book Running Lead Manager to the Issue is\u00a0Socradamus Capital Private Limited, and the Registrar\u00a0to the issue\u00a0is\u00a0MUFG Intime India Private Limited.<\/p>\n<p><strong>Mr. Fahim Batliwala,\u00a0Chairman,\u00a0Managing Director,\u00a0and Promoter\u00a0of\u00a0Simca Advertising Limited,\u00a0expressed,<\/strong><em>\u00a0\u201cAt Simca Advertising, our focus has always been on delivering high-impact outdoor advertising solutions backed by strong execution capabilities. The IPO is a strategic step towards scaling our digital footprint and capitalizing on the growing shift towards DOOH advertising.<\/em><\/p>\n<p><em>We intend to utilize the proceeds to expand our LED screen network, strengthen partnerships, and support working capital requirements. With rising urbanization and demand for premium outdoor media, we are well-positioned to capture the next phase of growth in the OOH industry.\u201d<\/em><\/p>\n<p><strong>Mr. \u00a0Priyesh Jain,\u00a0Director of\u00a0Socradamus\u00a0Capital\u00a0Private Limited,\u00a0expressed,<\/strong>\u00a0<em>\u201cSimca Advertising Limited operates in a niche segment of the Out-of-Home (OOH) advertising industry, which is witnessing steady growth supported by urbanization and increasing adoption of organized media formats. The company has built a strong presence in key high-traffic locations and demonstrated consistent growth in its operations.<\/em><\/p>\n<p><em>With increasing traction in Digital Out-of-Home (DOOH) advertising and focus on expanding digital infrastructure, we believe the company is well-positioned to leverage emerging opportunities in the sector. We are pleased to partner with the company in this IPO and support its growth journey.\u201d<\/em><\/p>\n<p><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], May 4: Simca Advertising Limited,\u00a0a Mumbai\u00a0and Maharashtra-based OOH (Out-of-Home) advertising player,\u00a0is\u00a0coming up with its IPO. The company is\u00a0opening\u00a0its Initial Public Offering on\u00a0May 08, 2026, aiming to raise\u00a0\u20b9\u00a058.04\u00a0Crores with shares to be listed on the\u00a0NSE Emerge platform. The issue size is\u00a0\u20b958.04 Crore\u00a0with a fresh issue size of\u00a031,71,600\u00a0equity shares with a face value of\u00a0\u20b910\u00a0each\u00a0with\u00a0a&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2026\/05\/04\/simca-advertising-limited-ipo-opens-on-may-08-2026\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Simca Advertising Limited IPO Opens on May 08, 2026&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":49759,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-49758","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/49758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=49758"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/49758\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/49759"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=49758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=49758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=49758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}