Share India Securities IPO

Share India Securities IPOBusiness description from prospectus – Share India Securities is currently engaged in the business of equity broking, investing and trading activities. Along with this, it is also providing the services as a Depository Participant, Research Analyst, Mutual Fund Advisor/Distributor and also an application has been filed with Securities and Exchange Board of India for the registration of Company as a Portfolio Manager. The Company got registered with SEBI as Stock Broker (Member of BSE) in the year 2000 and started the Stock Brokering operations. Later during the year 2007-08 it got registered as a trading and clearing member of Bombay Stock Exchange (BSE). Post the merger of the company with FMS Securities Limited, it got registered with SEBI as Stock Broker, Trading and Clearing Member of National Stock Exchange of India (NSE) in the year 2012. With the introduction of the Future and option segment into the Indian capital market the company became Member under future & Option (F&O) Segment also. Currently, The Company is providing broking services in Equity, Currency derivative and Future & Options segment of National Stock Exchange of India Limited and BSE Limited

Post this development, it focused on trading and broking segment particularly for High Net worth clients. Further, in order to target new HNI & retail customers and to expand our business operations, it has setup branches in New Delhi and Noida. The company currently has a network of around 5 sub brokers and 173 Authorised persons in BSE and 03 sub brokers and 163 Authorized persons in NSE all over India.

Promoters of Share India Securities – Mr. Parveen Gupta, Mr. Sachin Gupta, Mr. Yashpal Gupta & Mr. Rajesh Gupta

Share India Securities IPO details

Subscription Dates 21 – 26 September 2017
IPO Price band INR41 per share
Fresh issue 5,932,000 shares (INR24.32 crore)
Offer for sale 500,000 shares (INR2.05 crore)
Total IPO size 6,432,000 shares (INR26.37 crore)
Minimum bid (lot size) 3,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform

Share India Securities’ financial performance (in INR crore)

FY2016 FY2017
Total revenue 74.0 110.1
Total expenses 64.6 97.8
Profit after tax 6.3 8.0

Share India Securities Limited
14, Dayanand Vihar, Ground Floor
Near Karkardooma Metro Station, Industrial Estate
Vikas Marg Ext. Delhi – 110092

Phone: +91 11 4301 1000
Email: [email protected]
Website: www.shareindia.com

Day

Subscription (no. of times)

Day 1 1.23
Day 2 1.38
Day 3 1.62
Day 4 3.87

 

Earnings Per Share (EPS): INR4.34

Price/Earnings (P/E) ratio: 9.32

Return on Net Worth (RONW): 24.10%

Net Asset Value (NAV): INR18.10 per share

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: www.bigshareonline.com

Share India Securities IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.

IPO Opening Date: 21 September 2017

IPO Closing Date: 26 September 2017

Listing Date: 5 October 2017

Listing Price on BSE SME: INR44.75 per share (up 9.1% from IPO price)

Closing Price on BSE SME: INR49.2 per share (up 20% from IPO price)

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