Pune E-Stock Broking Limited IPO

Pune E-Stock Broking Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹78–₹83 per share. The stock debuted at ₹130, delivering a listing gain of 56.6%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,32,800.

Pune E-Stock Broking Limited IPO

BSE SME Listed
₹1,32,800 (1600 Shares)
Minimum Investment
Check Allotment
IPO Dates
Mar 7, 2024 – Mar 12, 2024
Price band
₹78-83 per equity share
Minimum Investment
₹1,32,800
Issue size
₹38.23 Cr
Lot size
1600
Allotment Date
Mar 13, 2024
Listing
Mar 15, 2024
Listing At
BSE SME

IPO timeline

  1. Mar 7, 2024

    Open Date

    Completed

  2. Mar 12, 2024

    Close Date

    Completed

  3. Mar 13, 2024

    Allotment Date

    Completed

  4. Mar 15, 2024

    Listing Date

    Completed

Pune E-Stock Broking Limited IPO Essentials

Pune E-Stock Broking Limited IPO Details

Pune E-Stock Broking Limited IPO is priced at ₹78-83 per share with a total issue size of 38.23 crore. The IPO has a lot size of 1600 shares and is listed on BSE SME.

Issue price
₹78-83 per equity share
Lot size
1600 shares
Face value
₹10 Per Equity Share
Issue size
4,606,400 shares(aggregating up to ₹38.23 Cr)
Total issue size
46,06,400 shares
(aggregating up to ₹38.23 crore)
Fresh issue
46,06,400 shares
(aggregating up to ₹38.23 crore)
Listing at
BSE SME
List price
130.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Share India Capital Services Private Limited

Market Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 1600 ₹1,32,800
Retail(max) 1 1600 ₹1,32,800
NII (min) 2 3,200 ₹2,65,600

Pune E-Stock Broking Limited IPO Documents

Pune E-Stock Broking Limited IPO Reservation

Pune E-Stock Broking Limited IPO reservation details show category-wise allocation of shares. Out of the total 4,606,400 shares, approximately 16.99% are reserved for QIB, 12.78% for NII, 29.77% for retail investors, 15.01% for market maker, and 25.46% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 1,172,800 (25.46%)
Market Maker Shares Offered 691,200 (15.01%)
QIB Shares Offered 782,400 (16.99%)
NII (HNI) Shares Offered 588,800 (12.78%)
Retail Shares Offered 1,371,200 (29.77%)
Total Shares Offered 4,606,400 (100%)

Pune E-Stock Broking Limited IPO Analytics

Pune E-Stock Broking Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Pune E-Stock Broking Limited IPO Subscription Status

Pune E-Stock Broking Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 782,400 / 588,800 1,371,200 2,742,400
Day 1 07-03-24 06:00 PM
(7.05 / 8.86) x 18.36 x 13.09 x
Day 2 11-03-24 06:00 PM
(7.82 / 58.11) x 102.18 x 65.80 x
Day 3 12-03-24 06:00 PM
(123.02 / 775.99) x 338.92 x 371.16 x

Pune E-Stock Broking Limited Valuations

Earnings

EPS Pre IPO
₹8.73/-
EPS Post IPO
₹7.04/-
P/E Pre IPO
9.5
P/E Post IPO
11.79

Returns

ROE
7.30%
ROCE
8.25%
RoNW
7.39%
PAT Margin
22.90

Fundamentals

Price / Book
0.77

Data sourced from DRHP / RHP • For educational purposes only

Pune E-Stock Broking Limited Financials( In Lakhs)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 15,801.00 16,314.24 13,288.68
Revenue 4,103.10 4,665.70 3,474.64
Profit After Tax 964.52 1,012.03 650.48
Net Worth 7,654.66 6,754.55 5,806.65
Reserves & Surplus 6,918.36 6,018.26 5,070.35
Total Borrowing 1,853.74 1,640.17 1,195.00

Pune E-Stock Broking Limited Company & Offer Insights

About Pune E-Stock Broking Limited

Launched in 2007, Pune E-Stock Broking Limited (PESB) is a corporate broking house.

The company provides:
Client Broking: the facility wherein the clients can invest or trade in shares on PESB's portal, and get real-time quotes, easy execution through its mobile app, website, or call, latest market news, and current market updates, along with the service of support staff.
Depository facility: The company provides a depository facility to the Equity trading clients as part of an integrated service offering through CDSL. The company has 23,155 active clients in its Depository.
Mutual funds: The company offers different mutual fund investment options in equity, debt, and hybrid funds.
Corporate Deposits: The client can invest directly through the website of a company or through online platforms or brokers to provide convenience to make an investment.
Currency trading services: The company offers foreign exchange trading through multiple trading channels, creating unique investment opportunities and limitless creativity for hedging, speculation, and portfolio diversification.

The company provides its services through its web-based trading platform Aero and its mobile trading app. It allows users to monitor their investments, track market trends, and trade on the go.

The company as of March 2023 had 60,640 customers, with authorized persons in more than 10 cities, and direct customers, and has two branches in Ahmedabad and Delhi.

The company had 79 workers in FY 2023: directors and KMP, administrative/managerial staff, and unskilled workers.

Pune E-Stock Broking Limited Promoter(s)

Mr. Vrajesh Krishnakumar Shah, Mr. Devendra Ramchandra Ghodnadikar, Mr. Vrajesh Navnitbhai Shah, Mr. Sandip Sunderlal Shah, and Mr. Paresh Sunderlal Shah are the company's promoters of Pune E-Stock Broking Limited.

Pune E-Stock Broking Limited IPO Issue Objectives

To meet working capital requirements
General Corporate Purpose.

Pune E-Stock Broking Limited IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Pune E – Stock Broking Limited 8.73 N/A 90.18 9.5 3.67 0.92 Standalone
Share India Securities Ltd 71.12 N/A N/A 18.34 32.7 N/A Standalone
ICICI Securities Ltd 34.44 N/A N/A 18.02 39.18 N/A Standalone
Angel One Limited 105.9 N/A N/A 17.47 41.69 N/A Standalone

Notes:

  1. The comparison has been made based on the standalone financials of the listed companies.
  2. The P/E Ratio is based on the CMP of the respective scrips.
  3. The EPS, NAV, and RoNW of the Company are taken as per the Standalone Restated Financial Statement for the period ending June 30, 2023.
  4. P/E Ratio of the company is based on the Annual report of the company for the year 2023 and stock exchange data dated September 30, 2023.
  5. RoNW has been computed as net profit after tax divided by closing net worth.
  6. Net worth has been computed in the manner as specified in Regulation 2(1) (hh) of SEBI (ICDR) Regulations, 2018.

Contact Information

Contact Details

Pune E-Stock Broking Limited

+91-020-41000600

info@pesb.co.in

http://www.pesb.co.in/

1198 Shukrawar Peth, Shubhash Nagar, Lane No 3, Pune – 411002

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

Pune E-Stock Broking Limited IPO is a book-built IPO worth ₹38.23 crore. The price band is ₹78–₹83 per share. The IPO opens on Mar 7, 2024 and closes on Mar 12, 2024. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The price band of Pune E-Stock Broking Limited IPO is ₹78 to ₹83 per share.

The lot size of Pune E-Stock Broking Limited IPO is 1600 shares.

The minimum investment for Pune E-Stock Broking Limited IPO is approximately ₹1,32,800 based on the upper price band .

Pune E-Stock Broking Limited IPO opens on Mar 7, 2024 and closes on Mar 12, 2024.

The allotment date of Pune E-Stock Broking Limited IPO is Mar 13, 2024.

Pune E-Stock Broking Limited IPO is expected to be listed on Mar 15, 2024, on BSE SME Platform.

Pune E-Stock Broking Limited IPO valuation snapshot: P/E 11.79, EPS ₹7.04/-, P/B 0.77, RoNW 7.39%, and market cap N/A.

To apply for Pune E-Stock Broking Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Pune E-Stock Broking Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Pune E-Stock Broking Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Pune E-Stock Broking Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Pune E-Stock Broking Limited IPO allotment status on IPO Ji for quick and easy access.