Incorporated in 1995, Indo Thai Securities is an India based Stock Broking Company providing trading services in Indian Equity Market (BSE and NSE), Future & Options and Currency Derivatives Segments. The parent group of Indi Thai Securities is Indo Thai group which has 13 financial companies under its umbrella. Company also provides depository services through Central Depository Services (India) Limited. Other services offered by Indo Thai Securities includes Mutual Fund Service System (MFSS) & Interest Rate Futures (IRF) from NSE.
Company targets net worth individuals and retail investors across India for its services. Company operates its business from Indore, MP and business from more than 60 locations across 6 States of India including 14 branches in all over India.
The promoters of the company are:
1. Mr. Parasmal Doshi
2. Mr. Dhanpal Doshi
The objects of the issue are as follows:
1. Expansion and upgradation of our Existing Branches and Set up Network of Branches
2. Purchase of Office space for Mumbai regional office
3. Purchase & set up of Office space for Corporate office
4. Brand Building & Advertising
5. Augmenting Long Term Working Capital Requirement
6. General Corporate Purpose
»» Issue Open: Sep 30, 2011 - Oct 5, 2011
»» Issue Type: Book Built Issue IPO
»» Issue Size: 4,000,000 Equity Shares of Rs 10 aggregating up to Rs 29.60 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs. 70 - Rs. 84 Per Equity Share
»» Market Lot: 80 Shares
»» Minimum Order Quantity: 80 Shares
»» Listing At: BSE, NSE
CARE has assigned an IPO Grade 2 to Indo Thai Securities IPO. This means as per CARE, company has 'Below Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Indo Thai Securities IPO Report
Check IPO Ratings from other stock analysts.
|Number of Times Issue is Subscribed (BSE + NSE)|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved||2,000,000||600,000||1,400,000||4,000,000|
|Day 1 - Sep 30, 2011 17:00 IST||0.0000||0.0000||0.0000||0.0000|
|Day 2 - Oct 3, 2011 17:00 IST||0.0000||0.0000||0.1500||0.0500|
|Day 3 - Oct 4, 2011 17:00 IST||0.0000||0.0000||0.4900||0.1700|
|Day 4 - Oct 5, 2011 17:00 IST||0.0000||0.0200||3.3500||1.1800|
Vote Here ...
We provide detail comparison of stock / commodities brokeRs We helped over 75,000 traders/investors to save 60% or more brokerage in last 3 yeaRs Here is the list of popular brokers to help investors like you to find the best broker.
We can help you choosing the right broker. Contact us today...
Free Equity Delivery Trades
Flat Rs 20 Per Trade for F&O
Rs 100 off on account opening* + 100% brokerage refund if in 60 days you have made net profits
(* on online account opening)
Flat Rs 15 Per Trade
100% cash back on 30 days brokerage (up to Rs 1000)
Get This Exclusive Offer
Brokerage: Intraday @ 0.02%, Delivery @ 0.15%
Rs 0 account opening fee
(Rs 400 waived)