MUMBAI, GPN/ SACHIN MURDESHWAR 📞 8108510506 –Simca Advertising Limited, a Mumbai and Maharashtra based OOH (Out-of-Home) advertising player, is coming up with its IPO. The company is opening its Initial Public Offering on May 08, 2026, aiming to raise Rs 58.04 Crores with shares to be listed on the NSE Emerge platform.

The issue size is Rs 58.04 Crore with fresh issue size of 31,71,600 equity shares with a face value of Rs 10 each with a price band of Rs 174 – Rs 183 Per Share.Equity Share Allocation: QIB (Including Anchor Portion) – 9,27,000 Equity Shares; Non-Institutional Bidders – 10,29,600 Equity Shares; Individual Bidders – 10,56,000 Equity Shares

Market Maker – 1,59,000 Equity Shares

The net proceeds from the IPO will be utilized for 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 screens, funding incremental working capital requirements, general corporate purposes and issue related expenses. The anchor bidding will open on Thursday, May 07, 2026. Issue will open on Friday, May 08, 2026 and close on Tuesday, May 12, 2026.

The Book Running Lead Manager to the Issue is Socradamus Capital Private Limited, and the Registrar to the issue is MUFG Intime India Private Limited.

Mr. Fahim Batliwala, Chairman, Managing Director and Promoter of Simca Advertising Limited expressed, “At 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.

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.”

Mr.  Priyesh Jain, Director of Socradamus Capital Private Limited expressed, “Simca 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.

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.”

Simca Advertising Limited is a Mumbai- and Maharashtra-based Out-of-Home (OOH) advertising company offering a range of solutions, including hoardings, gantries, bus-side and back panels, bus shelters, kiosks, utilities, and vinyl signage across Traditional OOH, Digital OOH, and Event Sponsorships & Campaign formats. The company supports clients with media planning, location selection, and campaign execution to deliver high-visibility advertising.The company operates an asset-light model with media assets across key high-traffic locations in Mumbai and Maharashtra, catering to corporates, agencies, and government clients across sectors.

The company is increasingly focusing on Digital OOH (DOOH) and technology-driven advertising solutions, while also exploring expansion into integrated media services such as digital marketing, exhibitions and trade shows, and broadcast media to drive future growth.During FY25, The Company achieved Revenue from Operations of Rs7,494.46 Lakhs, EBITDA of Rs1,348.89 Lakhs & PAT of Rs997.52 Lakhs.

For the nine-month period ended December 2025, the Company achieved a Revenue from Operations of Rs7,777.68 Lakhs, EBITDA of Rs1437.45 Lakhs & PAT of Rs1067.84 Lakhs.