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IPO Details


Share India Securities Ltd
Registered Office: 6th Milestone Newbhai-Chara Co, Chikambarpur UP Border Sahibad, Ghaziabad - 201006, Uttar Pradesh
Phone: 91-120-64702730
Email: info@shareindia.com
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-2017 26-Sep-2017 41.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
()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

INDIAN INDICES

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Nifty

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