IPO

East India Securities Ltd IPO

BSE SME

Offer Date: Mar 5, 2018 - Mar 7, 2018

₹ 294400 /320 Shares
*Min Investment

05 Mar, 2018

Open Date

07 Mar, 2018

Close Date

11 Mar, 2018

Allotment Date

13 Mar, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 920 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 10,08,000 Equity Shares of Rs 10/- each at a price of 920/- per share aggregating to 92.74 Cr ( OFS )
  • Listing at BSE SME
  • Lead Manager Finshore Management Services Limited
  • Registrar Cameo Corporate Services Limited
IPO Details
  • Retail Portion N/A
IPO Details


East India Securities Ltd IPO is an SME IPO, priced at Rs 920 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Mar 5, 2018 to Mar 7, 2018. The allotment is expected to be finalized on Mar 11, 2018, and the tentative listing date is Mar 13, 2018.


The registrar of the IPO is Cameo Corporate Services Limited , and

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IPO Subscription Analysis And Details
Retail
91.00x
Total
16.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved4,78,7204,78,8809,57,600
Day 1 05-03-18
1,76,640 0.37 x2880 0.01 x1,79,520 0.19 x
Day 2 06-03-18
13,00,320 2.72 x16,960 0.04 x13,17,280 1.38 x
Day 3 07-03-18 13:30 PM
15,76,000 3.29 x91,360 0.19 x16,67,360 1.74 x
Valuations
Earnings Per Share (EPS) Rs 75.64
P/E Ratio 12.16
RoNW 10.62%
Net Asset Value (NAV) - (After issue) Rs 789.14
IPO - Issue Objectives
1

Enhance the visibility and brand and provide liquidity to its existing shareholders

2

General Corporate Purposes