IPO Synopsis
Home >> IPO >> IPO Synopsis
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
Adani Ports & Special Economic Zone Ltd     337.95   Down   -7.90 (-2.28%)   Asian Paints Ltd     1,289.90   Up   17.95 (1.41%)   Axis Bank Ltd     614.35   Up   17.00 (2.85%)   Bajaj Auto Ltd     2,788.70   Up   29.40 (1.07%)   Bajaj Finance Ltd     2,299.20   Up   38.40 (1.70%)   Bajaj Finserv Ltd     6,185.65   Up   118.00 (1.94%)   Bharat Petroleum Corporation Ltd     364.20   Down   -3.20 (-0.87%)   Bharti Airtel Ltd     360.50   Up   4.30 (1.21%)   Bharti Infratel Ltd     269.35   Down   -8.50 (-3.06%)   Cipla Ltd     661.75   Up   16.15 (2.50%)   Coal India Ltd     275.25   Down   -5.90 (-2.10%)   Dr Reddys Laboratories Ltd     2,611.70   Up   57.75 (2.26%)   Eicher Motors Ltd     25,599.70   Down   -253.10 (-0.98%)   GAIL (India) Ltd     369.90   Down   -11.00 (-2.89%)   Grasim Industries Ltd     1,039.10   Up   19.65 (1.93%)   HCL Technologies Ltd     1,116.35   Up   20.05 (1.83%)   HDFC Bank Ltd     1,952.40   Up   26.70 (1.39%)   Hero Honda Motors Ltd     3,112.60   Up   2.40 (0.08%)   Hindalco Industries Ltd     243.05   Up   3.15 (1.31%)   Hindustan Petroleum Corporation Ltd     243.15   Down   -5.00 (-2.01%)   Hindustan Unilever Ltd     1,630.85   Up   40.40 (2.54%)   Housing Development Finance Corporation Ltd     1,773.35   Up   54.65 (3.18%)   ICICI Bank Ltd     311.10   Up   2.35 (0.76%)   Indiabulls Housing Finance Ltd     929.65   Down   -52.30 (-5.33%)   Indian Oil Corporation Ltd     154.15   Down   -0.80 (-0.52%)   IndusInd Bank Ltd     1,696.75   Up   22.55 (1.35%)   Infosys Technologies Ltd     726.20   Up   7.95 (1.11%)   ITC Ltd     301.15   Up   3.20 (1.07%)   Kotak Mahindra Bank Ltd     1,183.35   Up   34.65 (3.02%)   Larsen & Toubro Ltd     1,319.05   Up   0.70 (0.05%)   Lupin Ltd     882.55   Up   21.80 (2.53%)   Mahindra & Mahindra Ltd     893.00   Down   -3.05 (-0.34%)   Maruti Suzuki India Ltd     7,999.45   Up   206.40 (2.65%)   NIFTY (S&P CNX)     11,067.45   Up   100.05 (0.91%)   NTPC Ltd     170.00   Up   2.10 (1.25%)   Oil & Natural Gas Corpn Ltd     182.30   Up   1.70 (0.94%)   Power Grid Corporation of India Ltd     192.60   Down   -5.00 (-2.53%)   Reliance Industries Ltd     1,230.60   Down   -1.45 (-0.12%)   State Bank of India     270.90   Up   6.55 (2.48%)   Sun Pharmaceuticals Industries Ltd     641.10   Up   17.10 (2.74%)   Tata Consultancy Services Ltd     2,183.20   Down   -15.25 (-0.69%)   Tata Motors Ltd     240.80   Up   0.60 (0.25%)   Tata Steel Ltd     601.00   Down   -6.70 (-1.10%)   Tech Mahindra Ltd     758.75   Up   7.30 (0.97%)   Titan Company Ltd     796.85   Up   5.75 (0.73%)   UltraTech Cement Ltd     4,028.70   Up   53.80 (1.35%)   UPL Ltd     660.95   Up   9.55 (1.47%)   Vedanta Ltd     230.40   Up   0.50 (0.22%)   Wipro Ltd     328.30   Down   -4.40 (-1.32%)   Yes Bank Ltd     219.70   Down   -6.70 (-2.96%)   Zee Entertainment Enterprises Ltd     449.40   Up   1.35 (0.30%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com