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Share India Securities Ltd IPO (Share India Securities IPO) Detail

September 21, 2017 - September 26, 2017

Share India Securities IPO is a fixed price issue of Rs 26.37 crores.

Share India Securities IPO bidding started from September 21, 2017 and ended on September 26, 2017. The shares got listed on BSE SME on October 5, 2017.

Share India Securities IPO price is ₹41 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹123,000.

Hem Securities Limited is the book running lead manager of the Share India Securities IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Share India Securities IPO DRHP for detailed information.

Share India Securities IPO Details

IPO Date September 21, 2017 to September 26, 2017
Listing Date October 5, 2017
Face Value ₹10 per share
Price ₹41 per share
Lot Size 3000 Shares
Total Issue Size6,432,000 shares
(aggregating up to ₹26.37 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Share India Securities IPO Lot Size

Investors can bid for a minimum of 3000 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 3000 ₹123,000
Retail (Max) 1 3000 ₹123,000
Lot Size Calculator

About Share India Securities Ltd

Incorporated in 1994, Share India Securities Ltd is engaged in providing brokerage services for securities. The Company offers equity trading, futures and options, currency and commodity derivatives, mutual funds, IPO, and depository services.

They are in the business of Share broking and trading services in Equity, Future& Options and Currency Derivatives segments and has the membership in the cash, future and options and currency derivatives segments of both BSE and NSE, Depository Participant services with CDSL and is also providing Mutual fund investment services to clients. Apart from the above they have also entered into proprietary trading (own account trading) activities also.

SISL 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 they got registered as a trading and clearing member of Bombay Stock Exchange (BSE). Post the merger of the company 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 as well.

Objects of the Issue (Share India Securities IPO Objectives)

The objects of the Issue are:

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

Share India Securities IPO Review (Apply)

[Dilip Davda]  Company’s future prospects hinges with the behaviors of the stock markets. Investment may be considered for medium to long term. Read detail review...


Share India Securities IPO Subscription Status (Bidding Detail)

The Share India Securities IPO is subscribed times on September 26, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Share India Securities IPO Prospectus

Share India Securities IPO Rating

82
4.1
Rating:Rated 4.1 stars
Vote Here ...

Share India Securities IPO Listing Details

Listing Date October 5, 2017
BSE Script Code 540725
NSE Symbol SHAREINDIA
ISIN INE932X01018
Final Issue Price ₹41 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹41.00
₹92.60
₹87.50
₹94.40
₹93.10

Check IPO Performance…

Share India Securities Ltd Contact Details

Share India Securities Ltd
6th Milestone, New Bhai-Chara Complex,
Opp Mata Man dir, Chikambarpur,
ahibabad, Ghaziabad - 201006
Phone: + 91-11-43011000
Email: info@shareindia.com
Website: http://www.shareindia.com

Share India Securities IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Share India Securities IPO - Buy or Not

Share India Securities IPO Recommendation Summary

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

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Share India Securities IPO FAQs

Share India Securities IPO is a SME IPO of 6,432,000 equity shares of the face value of ₹10 aggregating up to ₹26.37 Crores. The issue is priced at ₹41 per share. The minimum order quantity is 3000 Shares.

The IPO opens on September 21, 2017, and closes on September 26, 2017.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Share India Securities IPO opens on September 21, 2017 and closes on September 26, 2017.

Share India Securities IPO lot size is 3000 Shares, and the minimum amount required is ₹123,000.

You can apply in Share India Securities 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 Share India Securities IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Share India Securities IPO allotment status.

The Share India Securities IPO listing date is on October 5, 2017.
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Share India Securities IPO Message Board

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63 Comments

40. Nilesh Parekh |   Link |  Bookmark |October 23, 2017 3:25:54 PM
Hi Umang,
Just throw light on Share India Sec.Is it worth buying at 58-59 for a year or two. I bought Worth Peri.Ltd.at 70 as advised by you. Please also let me know next good SME IPO for an Investment
39. Mutyala Ramalingachowdary |   Link |  Bookmark |October 5, 2017 9:15:35 PM
I have allot but I cont see help where it can see
38. STOCKT |   Link |  Bookmark |October 5, 2017 10:17:16 AM
upper circuit 20 pc.

please hold this company for long term. short term target is 100 rs . if hold for longer term can cross 200 rs in 1 year.it can be a multibagger
38.1. Aggarwal Abhishek |   Link |  Bookmark |October 5, 2017 12:44:43 PM
Sir
123000 deducted from my account but shares are not shown in demat...what could be the reason and what should I do??? Please guide ..
38.2. STOCKT |   Link |  Bookmark |October 5, 2017 6:51:55 PM
Contact ur broker
37. Sujal |   Link |  Bookmark |October 5, 2017 10:27:05 AM
@stockt sir I''m planning to buy 18000 shares of share India for long term view is it okay if i buy at today''s price how much chances of going down up to what level about this scrip.
37.1. STOCKT |   Link |  Bookmark |October 5, 2017 11:31:46 AM
YOU KNOW BROKERAGE FIRMS ARE GIVING EXCELLENT RETURNS.
THIS ONE IS CHEAPEST AVAILABLE AT 14 P/E
NOT TO FORGET ITS SALES AND PROFITS HAVE GROWN MULTFOLD AND HAS HIGHEST RONW AMONG ALL ITS PEERS. BUY IF YOU GET CHANCE.ITS A PORTFOLIO STOCK. ALSO YOU CAN LOOK AT CADSYS FOR LONG TERM INVESTMENT
36. STOCKT |   Link |  Bookmark |October 3, 2017 12:39:54 PM
THIS ONE WAS ANOTHER OF MY FAVOURITE SME,
DO REMEMBER AGAIN THIS WILL BE CHEAPEST BROKERAGE STOCK,

KEEP HOLDING THIS STOCK IN YOUR PORTFOLIO AND WILL MULTIPLY . CHECK THE PERFORMANCE OF ALL BROKERAGE STOCK AND YOU WILL KNOW THE REASON TO BUY THIS ONE.
36.4. STOCKT |   Link |  Bookmark |October 4, 2017 4:14:28 PM
I AM LONG TERM INVESTOR MY TARGET IS 100+ BUT NEED TO WAIT FOR FEW MONTHS.
36.5. Aggarwal Abhishek |   Link |  Bookmark |October 5, 2017 9:47:07 AM
Okk..thank you..
35. Umang & his ultrasonic uproar |   Link |  Bookmark |October 4, 2017 11:58:47 PM
Tommorow 6 sme is getting listed. 3 on bse and other 3 on nse.
35.1. k.makadiya |   Link |  Bookmark |October 5, 2017 7:16:20 AM
Kya karane ka hold & sell????
34. k.makadiya |   Link |  Bookmark |October 5, 2017 7:14:16 AM
Share India Ltd PLZZZ SUGGESTIONS. hold or sell
33. IPOfanBOY |   Link |  Bookmark |October 4, 2017 4:34:37 PM
Listing 5th oct
Code
SISL
32. Hakimuddin lashkerwala |   Link |  Bookmark |October 4, 2017 2:06:19 PM
Where is listing date
31. Sanjay Mahesana |   Link |  Bookmark |October 3, 2017 8:41:43 PM
Listing kab hai?
What is real subject to sauda?
30. Sanjay Mahesana |   Link |  Bookmark |October 3, 2017 8:41:29 PM
Listing kab hai?
What is real subject to sauda?
29. Hitesh V Somaiya |   Link |  Bookmark |October 3, 2017 11:14:46 AM
Allotment is out.

Non Allottee for me.....
29.2. RAJUU |   Link |  Bookmark |October 3, 2017 11:45:12 AM
WHERE TO CHECK
29.3. NPP |   Link |  Bookmark |October 3, 2017 1:33:02 PM
How to check allotment of Share India Sir ,,,,,,,
28. NPP |   Link |  Bookmark |October 3, 2017 1:21:11 PM
See my post dated 24/9 ,,,
Expected listing price 55=00 will come ?
Allotment ?
27. RITEN HASMUKH SHAH |   Link |  Bookmark |September 30, 2017 7:33:52 PM
listing date??
26. Parshwa Patel |   Link |  Bookmark |September 28, 2017 6:04:45 PM
Allotmeant kab he
25. Amit Pathak |   Link |  Bookmark |September 28, 2017 4:10:46 PM
Should I apply this IPO or avoid?
24. Parshwa Patel |   Link |  Bookmark |September 28, 2017 12:59:18 PM
what is gmp for share india security Ltd.
23. Umang & his ultrasonic uproar |   Link |  Bookmark |September 26, 2017 10:50:48 PM
Guys don''t go by subscription figures, think twice before you invest your hard earned money in such sme.
This same brokerage house has given subscribe report to manav infra listed on nse. Pls look at the price of manav infra, it is trading at almost 50% discount to issue price.
You can find review on manav infra coloum, below dilip davda review. Check it out.
22. Parshwa Patel |   Link |  Bookmark |September 26, 2017 9:12:18 PM
Number of Bids Received
As on Date & Time      QIB      NII      RII      Total
Shares Offered / Reserved
Day 1 - Sep 21, 2017 17:00 IST      0      7749000      222000      7971000
Day 2 - Sep 22, 2017 17:00 IST      0      8319000      561000      8880000
Day 3 - Sep 25, 2017 17:00 IST      0      8514000      1938000      10452000
Day 4 - Sep 26, 2017 17:00 IST      42000      12810000      12063000      24915000
21. Parshwa Patel |   Link |  Bookmark |September 26, 2017 9:10:51 PM
QIB Bid 42000 as per data. QIB saw Some intrest in this ipo. So somthing going in this ipo. Plz give some more information.what is gmp.