GCM Securities Ltd IPO (GCM Securities IPO) Detail

Mar 18, 2013 - Mar 20, 2013

Incorporated in 1995, GCM Securities Ltd is engaged in the business of stock broking activities which include equity broking, investing and trading activities. They are providing broking services in Equity and Future & Options segment. They have membership in the cash and future and options segments of both BSE and NSE.

They are currently serving the corporate clients and mainly the high net worth individuals. GCM Securities is intend to expand and increase their presence in the retail segment by setting up of up additional 25 branches in Kolkata, Mumbai, Delhi, Chennai and Bikaner. They are also making investment in various companies mostly long-term and are based on an analysis of investment fundamentals.

Objects of the Issue

The objects of the Issue are:

1. Augmenting long term working capital and
2. Meeting Public Issue Expenses.

GCM Securities IPO Details

IPO Date Mar 18, 2013 to Mar 20, 2013
Listing Date Friday, April 5, 2013
Face Value ₹10 per share
Price ₹20 per share
Lot Size 6000 Shares
Issue Size6,090,000 shares of ₹10
(aggregating up to ₹12.18 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The Promoters of the Company are:

1. Mr. Inder Chand Baid
2. Mrs. Saroj Baid
3. Mr. Manish Baid
4. Mr. Samir Baid

GCM Securities IPO Lot Size

The GCM Securities IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).

Application Lots Shares Amount
Retail (Min) 1 6000 ₹120,000
Retail (Max) 1 6000 ₹120,000

GCM Securities IPO Review

 Better keep away from this IPO

Read detail review...

GCM Securities IPO Prospectus

GCM Securities IPO Rating

Rating:Rated 2.1 stars
Vote Here ...

GCM Securities IPO Listing Date

Listing Date Friday, April 5, 2013
BSE Script Code 535431
NSE Symbol
Listing In MT Group of Securities
ISIN INE168O01026
IPO Price ₹20 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

GCM Securities Ltd
3B, Lal Bazar Street,
Sir R N M House,
5th Floor, Kolkata - 700 001
Phone: +91 33 2248 1053/9908

GCM Securities IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761

GCM Securities IPO Review

GCM Securities IPO Recommendation Summary

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

Read All Reviews Post Your Review Manage Reviews

IPO Broker Recommendations

GCM Securities IPO FAQs

GCM Securities IPO is a SME IPO of 6,090,000 equity shares of the face value of ₹10 aggregating up to ₹12.18 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000 Shares.

The IPO opens on Mar 18, 2013, and closes on Mar 20, 2013.

Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The GCM Securities IPO opens on Mar 18, 2013 and closes on Mar 20, 2013.

GCM Securities IPO lot size is 6000 Shares and the minimum order quantity is .

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

The GCM Securities IPO listing date is on Friday, April 5, 2013.
Open an Instant Account with Zerodha

GCM Securities IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



1. K V Subba Rao |   Link |Mar 16, 2013 1:14:29 PM
How far is it proper to declare "Meeting Public Issue Expenses" as one of the Objectives of Public Issue