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Share India Securities Ltd
Registered Office:
6th Milestone Newbhai-Chara Co,Chikambarpur UP Border Sahibad,
Ghaziabad - 201006,
Uttar Pradesh, India.
Website :  www.shareindia.com
Initial public offer of 64,32,000 equity shares of face value of (Rs)10 each ("equity shares") of share India Securities Limited ("company" or "issuer") for cash at a price of (Rs)41 per equity share (including a share premium of (Rs)31 per equity share) ("issue Price") aggregating to (Rs)26.37 ("issue" ) consisting of a fresh issue of 59,32,000 equity shares of face value of (Rs)10 each ("equity Shares") for cash at a price of (Rs)41 per equity share aggregating to (Rs)24.32 crores ("issue") and 5,00,000 equity shares of face value of (Rs)10 each ("equity shares") for cash at a price of (Rs)41 per equity share aggregating to 2.05 Crores through an offer for sale by mr. Parveen Gupta, mr. Sachin Gupta, mr. Yashpal Gupta, mr. Rajesh Gupta, mrs. Rekha Gupta & mrs. Tripti Gupta (collectively Referred as selling shareholders including promoters) of which 3,24,000 equity shares of face value of (Rs)10.00 each for a cash Price of (Rs)41 per equity share, aggregating to 1.33 Crores will be reserved for subscription by market maker ("market maker Reservation portion"). The issue less the market maker reservation portion i.e. Issue of 61,08,000 equity shares of face value of (Rs)10.00 each at an issue price of (Rs)41 per equity share aggregating to (Rs)25.04 Crores (is hereinafter referred to as the "net issue"). The Issue and the net issue will constitute 26.33% and 25.01%, respectively of the post issue paid up equity share capital of the Company. Prospectus. The face value of the equity shares is (Rs)10.00 each and the issue price is (Rs) 41. The issue price is 4.10 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
21-Sep-17
26-Sep-17
41.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 3000   Further Multiples of : 3000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
24.32
Hem Securities Ltd
Project Financed through Current Offer
26.37
 
Post Issue Equity Share Capital
24.42
 
Issue Price
41.00
 
Projects
To meet working capital requirement
To meet capital expenditure incurred for branch expansion and distribution centre
To meet sales and marketing expenditure
Promoted By
Praveen Gupta
Sachin Gupta
Yashpal Gupta
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd
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