IPO

Share India Securities Ltd IPO

BSE SME

Offer Date: Sep 21, 2017 - Sep 26, 2017

₹ 246000 /6000 Shares
*Min Investment

21 Sep, 2017

Open Date

26 Sep, 2017

Close Date

03 Oct, 2017

Allotment Date

05 Oct, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 41 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 64,32,000 Equity Shares of Rs 10 aggregating up to Rs 26.37 Cr
  • Listing at BSE SME
  • Lead Manager Hem Securities Limited
  • Registrar Bigshare Services Pvt. Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Share India Securities Ltd IPO is an SME IPO, priced at Rs 41 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 Sep 21, 2017 to Sep 26, 2017. The allotment is expected to be finalized on Oct 3, 2017, and the tentative listing date is Oct 5, 2017.


The registrar of the IPO is Bigshare Services Pvt. Ltd, and

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IPO Subscription Analysis And Details
Retail
3.95x
Total
4.08x
As on QIB / NII Retail Total
Shares Offered / Reserved 30,54,000 30,54,000 61,08,000
Day 1 21-09-17
2.54 x 0.07 x 1.31 x
Day 2 22-09-17
2.72 x 0.18 x 1.45 x
Day 3 25-09-17
2.79 x 0.63 x 1.71 x
Day 4 26-09-17
4.21 x 3.95 x 4.08 x
Valuations
Earnings Per Share (EPS) Rs 3.33
P/E Ratio 12.31
RoNW 24.10%
Net Asset Value (NAV) Rs 17.87
IPO - Issue Objectives
1

To Meet Working Capital Requirement

2

To Meet Capital Expenditure incurred for Branch expansion and distribution centre

3

To Meet Sales and Marketing Expenditure

4

General Corporate purpose

5

To Meet the Issue Expenses