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India Finsec Limited IPO (India Finsec IPO) Detail

May 24, 2013 - May 28, 2013

India Finsec IPO is a fixed price issue of Rs 6.00 crores.

India Finsec IPO bidding started from May 24, 2013 and ended on May 28, 2013. The shares got listed on BSE SME on June 11, 2013.

India Finsec IPO price is ₹10 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹100,000.

Aryaman Financial Services Limited is the book running lead manager of the India Finsec IPO, while Skyline Financial Services Private Ltd is the registrar for the issue.

India Finsec IPO Details

IPO Date May 24, 2013 to May 28, 2013
Listing Date June 11, 2013
Face Value ₹10 per share
Price ₹10 per share
Lot Size 10000 Shares
Total Issue Size6,000,000 shares
(aggregating up to ₹6.00 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

India Finsec IPO Lot Size

Investors can bid for a minimum of 10000 shares and in multiples thereof. The below 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 10000 ₹100,000
Retail (Max) 2 20000 ₹200,000
Lot Size Calculator

About India Finsec Limited

Incorporated in 1994, India Finsec Limited is engaged in the business of Financing, Inter Corporate Deposits, advancing Short term loans, Long term loans, credits to individuals & companies etc. Company also deals in stocks, shares and securities.

The primary business of the company is to provide Margin Funding to the clients for purchase of securities, Loan against Shares and Trading in Shares & Securities. The company is registered as a Non-deposit taking Non-Banking Finance Company with RBI.

Objects of the Issue (India Finsec IPO Objectives)

The Object of the Issue is to raise funds for:

1. Purchase and set up of Office Space for Registered Office;
2. To augment our capital base and provide for our fund requirements for increasing our operational scale with respect to our NBFC activities and
3. Issue related Expenses.

India Finsec IPO Review (Avoid)

[Dilip Davda]  

Although the issue is at par value, it is not worth considering as minimum investment needed is Rs. 1 lakh and the ongoing fate of 2050 illiquid stocks and the thin volume of SME counters.

Read detail review...

India Finsec IPO Prospectus

India Finsec IPO Rating

6
3.0
Rating:Rated 3.0 stars
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India Finsec IPO Listing Details

Listing Date June 11, 2013
BSE Script Code 535667
NSE Symbol
ISIN INE474O01010
Final Issue Price ₹10 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹10.00
₹10.00
₹10.00
₹10.50
₹10.50

Check IPO Performance…

India Finsec Limited Contact Details

India Finsec Limited
D-16, 1st Floor,
Prashant Vihar, Sector - 14,
Rohini, New Delhi � 110 085
Phone: +91 �11- 45805612 / 47527
Email: info@indiafinsec.com
Website: http://www.indiafinsec.com

India Finsec IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: admin@skylinerta.com
Website: https://www.skylinerta.com/ipo.php

India Finsec IPO - Buy or Not

India Finsec IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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India Finsec IPO FAQs

India Finsec IPO is a SME IPO of 6,000,000 equity shares of the face value of ₹10 aggregating up to ₹6.00 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000 Shares.

The IPO opens on May 24, 2013, and closes on May 28, 2013.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The India Finsec IPO opens on May 24, 2013 and closes on May 28, 2013.

India Finsec IPO lot size is 10000 Shares, and the minimum amount required is ₹100,000.

You can apply in India Finsec IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for India Finsec IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the India Finsec IPO allotment status.

The India Finsec IPO listing date is on June 11, 2013.
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1 Comments

1. DURAISWAMY |   Link |  Bookmark |June 13, 2013 7:29:10 PM
INDIA FNSEC IS LISTED