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Indo Thai Securities Limited IPO (Indo Thai Securities IPO) Detail

September 30, 2011 - October 5, 2011

Indo Thai Securities IPO is a book built issue of Rs 29.60 crores.

Indo Thai Securities IPO bidding started from September 30, 2011 and ended on October 5, 2011. The shares got listed on BSE, NSE on November 2, 2011.

Indo Thai Securities IPO price band is set at ₹70 to ₹84 per share. The minimum lot size for an application is 80 Shares. The minimum amount of investment required by retail investors is ₹6,720.

Corporate Strategic Allianz Ltd is the book running lead manager of the Indo Thai Securities IPO, while Sharepro Services Private Limited is the registrar for the issue.

Refer to Indo Thai Securities IPO RHP for detailed information.

Indo Thai Securities IPO Details

IPO Date September 30, 2011 to October 5, 2011
Listing Date November 2, 2011
Face Value ₹10 per share
Price Band ₹70 to ₹84 per share
Lot Size 80 Shares
Total Issue Size4,000,000 shares
(aggregating up to ₹29.60 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Indo Thai Securities IPO Reservation

Indo Thai Securities IPO offers 4,000,000 shares. 2,000,000 (50.00%) to QIB, 600,000 (15.00%) to NII, 1,400,000 (35.00%) to RII. 17,500 RIIs will receive minimum 80 shares and (sNII) and (bNII) will receive minimum 2,400 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered2,000,000 (50.00%)NA
NII (HNI) Shares Offered600,000 (15.00%)
Retail Shares Offered1,400,000 (35.00%)17,500
Total Shares Offered4,000,000 (100%)

Indo Thai Securities IPO Lot Size

Investors can bid for a minimum of 80 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 80 ₹6,720
Retail (Max) 29 2320 ₹194,880
Lot Size Calculator

About Indo Thai Securities Limited

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.

Objects of the Issue (Indo Thai Securities IPO Objectives)

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

Indo Thai Securities IPO Review (Avoid)

[Dilip Davda]  Avoid. For the fiscal 2010-11 it posted net profit of Rs. 1.06 crore on a total income of Rs. 4.55 crore resulting in an EPS of Rs. 1.77 on existing capital. If this is applied to enhanced equity post this issue, then it stands at Rs. 1.06 and thus the asking price is at a P/E of 70 to 84 and on a NAV of Rs. 12.94 it is being made at a 5.5 to 6.5 P/BV and is a costly bet. Read detail review...

Indo Thai Securities IPO Subscription Status (Bidding Detail)

The Indo Thai Securities IPO is subscribed 1.18 times on October 5, 2011 5:00:00 PM. The public issue subscribed 3.35 times in the retail category, 0.00 times in the QIB category, and 0.02 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Indo Thai Securities IPO Grading

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

Indo Thai Securities IPO Prospectus

Indo Thai Securities IPO Rating

Rating:Rated 3.5 stars
Vote Here ...

Indo Thai Securities IPO Listing Details

Listing Date November 2, 2011
BSE Script Code 533676
ISIN INE337M01013
Final Issue Price ₹74 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Indo Thai Securities Limited Contact Details

Indo Thai Securities Limited
16, 4th Floor, Dawa Bazar
R.N.T. Marg, Indore-452001
Madhya Pradesh, India
Phone: +91 -731- 2705420/22

Indo Thai Securities IPO Registrar

Sharepro Services Private Limited

Phone: 9999999999

Indo Thai Securities IPO - Buy or Not

Indo Thai 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

Indo Thai Securities IPO FAQs

Indo Thai Securities IPO is a main-board IPO of 4,000,000 equity shares of the face value of ₹10 aggregating up to ₹29.60 Crores. The issue is priced at ₹70 to ₹84 per share. The minimum order quantity is 80 Shares.

The IPO opens on September 30, 2011, and closes on October 5, 2011.

Sharepro Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Indo Thai Securities IPO opens on September 30, 2011 and closes on October 5, 2011.

Indo Thai Securities IPO lot size is 80 Shares, and the minimum amount required is ₹6,720.

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

The Indo Thai Securities IPO listing date is on November 2, 2011.
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Indo Thai Securities IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



165. Vasudev |   Link |  Bookmark |January 18, 2012 2:41:10 PM
Sreedhar Sir,

I have sent a private message to your personal email. Kindly include me in your mailing list. Thanks in advance.
164. SkDash |   Link |  Bookmark |November 11, 2011 2:04:15 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
I got some interest from Indo Thai on 30/9/11. What is it ? And anybody got the same ? I have applied for w/d of bid, so i should not get that.

Anybody can clarify the basis of such calcualation?
164.4. Jackpoat |   Link |  Bookmark |November 14, 2011 7:08:44 PM (200+ Posts)
I also applied for W/D and not got any share
164.5. Multilooser |   Link |  Bookmark |November 15, 2011 10:22:22 AM
I had once get refund order of 98000/- which was requested for stop payment ,now clear the dues.
163. SkDash |   Link |  Bookmark |November 7, 2011 3:35:49 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
Any new IPO in line (during bad 2011)
163.2. SkDash |   Link |  Bookmark |November 8, 2011 7:47:07 AM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
Thanks. So, what is yr current schedule in mkt? Any gud script to buy in cash from yr side ?
163.3. selva raj |   Link |  Bookmark |November 9, 2011 2:46:03 PM
Still we have time to see cheap rate to buy in do trading untill that.If you buy in cash ur profit shld be atleast doub;e wen u selling :-) dont go fr cash segment not holding any shares in cash nw..just doing trade thats it
162. selva raj |   Link |  Bookmark |November 4, 2011 7:42:19 PM
Hi Mr.Gundu anna,
Can we know how much You have lost in that 3 rd class ipo by the experts advice..You have invested even a 1 rs on this na..then Y u always blaming others!!No1 have earned atleast a 1 rs from yur advice man..U are the only villain over here..
162.1. gundu anna |   Link |  Bookmark |November 4, 2011 9:38:46 PM (500+ Posts, 100+ Likes)
I am happy if somebody doesnt loose even 1 rupee from my advice. that is the money earned rather than loosing in 3rd class ipo's.
162.2. ARIAN |   Link |  Bookmark |November 5, 2011 3:15:33 AM
gundu anna,

Here people only 'recommend' and share their ideas in the form of 'given calls'. No body 'insists' on applying in particular IPO. It is up to the person putting his money to decide. So it would be childish to say people lose money because of someone else.
161. Ravi, Bangalore |   Link |  Bookmark |November 4, 2011 6:20:47 PM (300+ Posts)
158.5. sh

It is difficult to update frequently for recent new junk IPOs. One trade will certainly hit stop-loss. Hence, I am not updating as updating distracts concentration, especially when junk IPOs are volatile. Another difficulty is I can't put timely messages as I would become busy in office works. I felt, when not possible to update in time, we should not post messages at all!

For junk IPOs, since two months, even we should not send even Rs.10k. Just playing intra-day with stop-loss is better.

Although I am not updating in IPO Section, I have posted my messages in "Stock Messages Forum".
161.1. ARIAN |   Link |  Bookmark |November 5, 2011 3:21:08 AM
Ravi, Bangalore

I am also following the same strategy for the junk IPOs for playing intraday only with strict stoploss. We understand that it is difficult to put messages during market hours. But you can always post the trade summary once u r done for the day. That will also help us.
161.2. sh |   Link |  Bookmark |November 20, 2011 9:50:39 PM
I feel happy to see your post. Your posts, even after trading/office hours, will help us learn and be better prepared for next time. On tour of villages so could not reply earlier.
160. gundu anna |   Link |  Bookmark |November 3, 2011 7:37:30 PM (500+ Posts, 100+ Likes)
I hope that those people who lost money in indothai will learn the lesson of not to put the money in junks. Its better to put money some good MF's and wait for returns.
160.1. CLD |   Link |  Bookmark |November 3, 2011 8:11:19 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
This suggestion I had given one year back to all those who are not experts in stock buying & selling at right times. Most of the forum members are not experts as such I am sure most must have lost their money in the market.
It has been proven that for general public who are not experts in the market, The best way to be in the market is to invest through mutual funds. At least it is assured that the investment will be done by an expert group of the Mutual fund.
However choosing a Mutual fund is crucial. If anyone wants an advice I am ready to help him.
159. sh |   Link |  Bookmark |November 3, 2011 5:07:31 PM
"Selva- But why all the stars are going away? Is there any problem ? During this short span of time, i had gud relation with you friends, but day by day, everybody will be away, then i will also be in one day."

Stars have a desire to help people. It is their way of giving back. In return all they want is a friendly atmosphere. When they are trying to help, if people attack, abuse and insult them they will simply withdraw. They don't need us, we need them. They will continue helping other polite people in other places, just not here.

Moderators will delete many of my posts like these, but they will not ban/delete attackers.
159.4. sh |   Link |  Bookmark |November 3, 2011 7:21:24 PM
158.2. Priya Jain
Were you addressing me or ARIAN?
I was talking about "stars" withdrawing not about low number of posts currently.
159.5. sh |   Link |  Bookmark |November 3, 2011 7:49:20 PM
Whether people come for business, feeling good, learn or any other reason the focus is on the net result of their being here.

For those who are capable of learning from "stars" posts the difference between the time stars were here and now is quite stark. There are some people with a very destructive attitude who abuse the stars even if one of their guesses go wrong...and mods do not delete their posts. These "negativists" want all guesses by stars to be correct all the time.

And yes you are right...No body wants to waste time. Certainly the stars do not want to waste their time defending themselves, especially if there is no other benefit for them here. Mods with their inaction and "negativists" with the attacks destroyed even the feel good factor.

The show is going on...but where is the expert guidance? e.g. I benefited greatly from posts of Ravi-Bangalore, Sreedhar etc. Now I miss them very badly.
158. Venky IPO |   Link |  Bookmark |November 3, 2011 3:59:14 PM
Can only pity the Retail Individual Investors who oversubscribed this junk stock even when there were ZERO participation from QIB and HNI segment. It is very surprising that RII who has have the least clout in the market are the ones who are being most greedy and losing their shirts and even underwear. In a depressed stock market where even old established/frontline stocks are hammered, it is surprising to see such high RII subscription. Each of the idiots who subscribed deserve to lose their money. Smart guys like Ravi, Gem IPO Expert have already warned and left the forum. Suggest every RII to do the same and shun the IPO segment at such times.
157. selva raj |   Link |  Bookmark |November 3, 2011 11:45:08 AM
I am not seriusly interested without sreethar and gane.Will do post
once sreethar is back untill good bye to this forum..
Dear KKN,
where are they!!!
157.4. MULTILOOSER listing loss |   Link |  Bookmark |November 3, 2011 5:12:48 PM
When there is no ipo come to offering ,trader start to talking about leaving the discussion ,they should become the new leader to guide the people to make richer .
157.5. selva raj |   Link |  Bookmark |November 3, 2011 5:48:46 PM
Hi Friends,
i have no problems with this forum.i dint say that I ll leave completly from this forum.I am expecting sreethar's msgs everytime but he is not posting so i thought that he may be watching this forum and he ll come back thats it.Anyhow we will wait to his returns.Nothing else we can do.
We can try to play better in the upcoming ipo's.:-)
156. sh |   Link |  Bookmark |November 3, 2011 10:44:35 AM
152.1. ARIAN Nov 03, 2011 4:25:09 AM IST

If you booked small profit today, you could have booked huge profits yesterday. Big loss (missed opportunity).
156.1. ARIAN |   Link |  Bookmark |November 3, 2011 10:59:36 AM
Well not big profit really. But I could have made some profit yesterday definitely.
155. sh |   Link |  Bookmark |November 3, 2011 10:02:59 AM
Revised limits for Indothai:
lc: 18.55
uc: 27.80
154. Ipofinder |   Link |  Bookmark |November 3, 2011 8:22:18 AM

Swajas IPO has been cancelled, the money has been refunded around 15 days ago, the reason was that it has a clause in its RHP that if QIB < 1 time then issue will cancelled and the QIB was o.9 time only

So forget swajas IPO, it is over now
153. sh |   Link |  Bookmark |November 2, 2011 10:19:33 PM
closing price: 23.15
UC: 27.78
LC: 18.52

Any guesses where it might go?
153.1. ARIAN |   Link |  Bookmark |November 3, 2011 4:25:09 AM
I think it will open 10 to 15% lower. Then it will try to do some catch up on upside. Most likely at the end of day it will close near LC or at LC. Yesterday I missed this listing. So today I will play with this fire.
153.2. ARIAN |   Link |  Bookmark |November 3, 2011 9:29:27 AM
Played the game and booked the profit.
152. Jackpoat |   Link |  Bookmark |November 2, 2011 6:49:00 PM (200+ Posts)
SK Dash jee- I dont avg it .It is my avg price of total buy and sell.I trade 200 qty lot with 1 rupees range .but when fall starts I dont able to sell it .but within few seconds fall increases and it reach 60+ range to 30- range and i will sell it 28.Then also done 4 trade of 1000 qty lot with .50 paisa range and recover small part of loss.
I think 1-2 pm tading ipo is very risky.
wait for next IPO for recovering my loss.
152.1. SkDash |   Link |  Bookmark |November 3, 2011 9:19:25 AM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
Ok, All the best. i have not done anything because of some other assignment.

Jackpot, i am trying to open ventura web version but is is always coming 'failed to establish market stream. This sometimes happen when there is insufficient priviledge in the explorer or i-explorer has run for extended time'

what does it mean? Do u have the same problem ? I think this is because of my office security system. And also can one set limit after closing of mkt, so that i can place order from my home , after closing of office. And for new IPO, let me search for some friend who can help me in exiting in the first hr.
152.2. Jackpoat |   Link |  Bookmark |November 3, 2011 1:14:32 PM (200+ Posts)
Sorry I hv no more idea but I think java/.net framework is not installed in the system.
you may activate and use mobile trading s/w on your mob (if supported) other wise by chatting or phone you may place order.

before/after mkt order not available with ventura now.

you also place order by instructing some of your friend/relative/family member using pointer.

151. skv tata |   Link |  Bookmark |November 2, 2011 6:05:06 PM (1000+ Posts, 400+ Likes)
Listing day of new share is called price discovery system.when market discover price at 20/23 how can sebi board allowed to issue any share at fourfold price.
151.1. Greed & Fear |   Link |  Bookmark |November 2, 2011 6:13:57 PM
Had SEBI advised you to subscribe the issue....aviod it if you feel its not worth.....
150. sh |   Link |  Bookmark |November 2, 2011 5:05:06 PM
one more junk ipo...but this time managed to scrape through with a small profit. Looks like I am improving my skills.

I don't see any chances of UC tomorrow, so is it going to be Lower Circuit tomorrow?
149. Jackpoat |   Link |  Bookmark |November 2, 2011 3:38:13 PM (200+ Posts)
Very Bad Day for loss-2510+brokerage+STT others. avg buy-45.69 avg sell-4528 qty-6200 .I start my trading with qty 200 .buy due to quick fall from 62-64 range to 30 range i suffers huge that time i have booked 2000+ profit.again by trading recover some portion of my loss.finally -(2510).
149.1. SkDash |   Link |  Bookmark |November 2, 2011 4:50:56 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
Jackpot Sir

Why buy again. In this issue averaging is not a good idea. It may take to profit but most of the time, it doesnt work.

Anyway, feeling sorry for yr loss.
148. stocktrader |   Link |  Bookmark |November 2, 2011 3:07:09 PM
I don't think it will give more movement now now everything is closed one more junk ipo
147. sh |   Link |  Bookmark |November 2, 2011 2:48:15 PM
What's going to happen from 3pm to 3:10pm (typical auto square-off time).
146. Chittorgarh Member |   Link |  Bookmark |November 2, 2011 2:40:02 PM
Now, it is quoting too low, even Operator also cannot rig it up.