Market & News

graph-market IPO

Share India Securities Ltd

Registered Office: 6th Milestone Newbhai-Chara Co,Chikambarpur UP Border Sahibad, Ghaziabad - 201006, Uttar Pradesh, India.
Phone : 91-120-64702730   Fax:
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-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

No Data Available

x
x
×
Let's Chat
close
refresh