{"id":67229,"date":"2026-05-04T14:34:05","date_gmt":"2026-05-04T09:04:05","guid":{"rendered":"https:\/\/newswiredelhi.com\/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:\/\/newswiredelhi.com\/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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":67230,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_rishi_post_view_count":6},"categories":[4],"tags":[54],"class_list":["post-67229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","rishi-post"],"rishi__cb_customizer_meta":"","comments_count":"0","_links":{"self":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/67229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/comments?post=67229"}],"version-history":[{"count":0,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/67229\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media\/67230"}],"wp:attachment":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media?parent=67229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/categories?post=67229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/tags?post=67229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}