Pune E-Stock Broking Limited IPO
BSE SMEListed On: Mar 15, 2024 at ₹ 130.0
₹ 265600 /3200 Shares
*Min Investment
07 Mar, 2024
Open Date12 Mar, 2024
Close Date13 Mar, 2024
Allotment Date15 Mar, 2024
Listing DatePune E-Stock Broking Limited IPO Issue Details
- Issue Price ₹78-83 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 46,06,400 shares(aggregating up to ₹38.23 crore)
- Fresh Share 46,06,400 shares(aggregating up to ₹38.23 crore)
- Listing at BSE SME
- List Price 130.0
- Listing Date 2024-03-15
- Lead Manager Share India Capital Services Private Limited
- Registrar Bigshare Services Pvt Ltd
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 Reservation
Pune E-Stock Broking Limited IPO offers total 4,606,400 shares. Out of which 782,400 (16.99%) allocated to QIB, 588,800 (12.78%) allocated to NII,1,371,200 (29.77%) allocated to RII, NA (NA%) allocated to employees and 1,172,800 (25.46%) allocated to 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 Details
Pune E-Stock Broking Limited IPO is an SME IPO, priced at ₹78-83 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 46,06,400 equity shares, aggregating up to ₹38.23 crores..
The IPO bidding window is open from Mar 7, 2024 to Mar 12, 2024. The allotment is expected to be finalized on Mar 13, 2024, and the tentative listing date is Mar 15, 2024.
The minimum lot size for Retail investors is 1600 shares, with a minimum investment of ₹1,32,800. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,65,600.
Share India Capital Services Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Share India Securities Limited will act as the market maker for this issue.
Pune E-Stock Broking Limited IPO Subscription Analysis And Details
| 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
Pune E-Stock Broking Limited Company Financials
| 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 |
About Pune E-Stock Broking Limited Company
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
Pre Issue Share Holding : 72.75%
Post Issue Share Holding : 51.34%
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:
- The comparison has been made based on the standalone financials of the listed companies.
- The P/E Ratio is based on the CMP of the respective scrips.
- The EPS, NAV, and RoNW of the Company are taken as per the Standalone Restated Financial Statement for the period ending June 30, 2023.
- 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.
- RoNW has been computed as net profit after tax divided by closing net worth.
- Net worth has been computed in the manner as specified in Regulation 2(1) (hh) of SEBI (ICDR) Regulations, 2018.
Contact Details
Pune E-Stock Broking Limited
1198 Shukrawar Peth, Shubhash Nagar, Lane No 3, Pune – 411002
+91-020-41000600
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Pune E-Stock Broking Limited IPO - FAQs
Ans. Pune E-Stock Broking Limited IPO is a SME IPO. The issue is priced at ₹78-83 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Mar 7, 2024, and closes on Mar 12, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Pune E-Stock Broking Limited IPO opens on Mar 7, 2024 and closes on Mar 12, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Pune E-Stock Broking Limited IPO is 4,606,400 shares(aggregating up to ₹38.23 Cr).
Ans. The Pune E-Stock Broking Limited IPO price band is set between ₹78-83 per equity share.
Ans. To apply for Pune E-Stock Broking Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Pune E-Stock Broking Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Pune E-Stock Broking Limited IPO is Mar 13, 2024.
Ans. The Pune E-Stock Broking Limited IPO will be listed on Mar 15, 2024.
Ans. Follow the steps to check the Pune E-Stock Broking Limited IPO allotment status online.
