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Incorporated in 1999, East India Securities Ltd is engaged in the business of Broking (Equity and Equity Derivatives and Currency Derivatives). They are one of the largest Clearing Member for Equity Derivatives in NSE, and Currency Derivatives in NSE/MCX/USE in Eastern India. They also provide services as a Depository Participant (NSDL/CDSL); Distributor (Mutual Funds, Primary Issuer of Equity and Fixed Income Securities); and play an Advisory role in Corporate Financing and Risk Management.
They are also engaged in the business of Mutual Fund Advisor/Distributor and are a member of AMFI. Company is engaged in making proprietary investments in various tradable securities. Company's clients include Public/Private Banks, Insurance companies, Domestic Mutual Funds, AIFs and FPIs.
The promoters of the company are:
1. Mr. Vivek Agarwal and
2. Mr. Lakshmendra Kumar Agarwal
The object of the issue are to:
1. Enhance the visibility and brand and provide liquidity to its existing shareholders;
2. General corporate purposes.
| IPO Opening Date | Mar 5, 2018 |
| IPO Closing Date | Mar 7, 2018 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹920 per equity share |
| Market Lot | 160 Shares |
| Min Order Quantity | 160 Shares |
| Listing At | BSE SME |
| Issue Size | 1,008,000 Eq Shares of ₹10 (aggregating up to ₹92.74 Cr) |
The East India Securities IPO market lot size is 160 shares. A retail-individual investor can apply for up to 1 lots (160 shares or ₹147,200).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 160 | ₹147,200 |
| Maximum | 1 | 160 | ₹147,200 |
The East India Securities IPO is subscribed times on Mar 7, 2018 17:00. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Total |
| Listing Date | Tuesday, March 13, 2018 |
| BSE Script Code | 541053 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE482Z01019 |
| IPO Price | ₹920 per equity share |
| Face Value | ₹10 per equity share |
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East India Securities Ltd
10/1D Lal Bazar Street,
Mercantile Building,
Kolkata- 700001
Phone: +91 (033) 40205929
Email: sme.ipo@eisec.com
Website: http://www.eisec.com
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://online.cameoindia.com/
East India Securities IPO is a SME IPO of 1,008,000 equity shares of the face value of ₹10 aggregating up to ₹92.74 Crores. The issue is priced at ₹920 per equity share. The minimum order quantity is 160 Shares.
The IPO opens on Mar 5, 2018, and closes on Mar 7, 2018.
Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The East India Securities IPO opens on Mar 5, 2018 and closes on Mar 7, 2018.
East India Securities IPO lot size is 160 Shares and the minimum order quantity is 160 Shares.
You can apply in East 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for East India Securities IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the East India Securities IPO allotment status.
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