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

Sep 30, 2011 - Oct 5, 2011

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.

Company Promoters:

The promoters of the company are:
1. Mr. Parasmal Doshi
2. Mr. Dhanpal Doshi

Objects of the Issue:

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 Details

IPO Opening Date	Sep 30, 2011
IPO Closing Date	Oct 5, 2011
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹70 to ₹84 per equity share
Market Lot	80 Shares
Min Order Quantity	80 Shares
Listing At	BSE, NSE
Issue Size	4,000,000 Eq Shares of ₹10 (aggregating up to ₹29.60 Cr)

Indo Thai Securities IPO Lot Size

The Indo Thai Securities IPO market lot size is 80 shares. A retail-individual investor can apply for up to 29 lots (2320 shares or ₹194,880).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	80	₹6,720
Maximum	29	2320	₹194,880

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 Subscription Status (Bidding Detail)

The Indo Thai Securities IPO is subscribed 1.18x times on Oct 5, 2011 17:00. The public issue subscribed 3.35x in the retail category, 0.00x in the QIB category, and 0.02x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
QIB	0.00x
NII	0.02x
RII	3.35x
Total	1.18x

Indo Thai Securities IPO Prospectus

Indo Thai Securities IPO Rating

3.5

Rating:

Vote Here ...

Indo Thai Securities IPO Listing Date

Listing Date	Wednesday, November 2, 2011
BSE Script Code	533676
NSE Symbol	INDOTHAI
Listing In	B
ISIN	INE337M01013
IPO Price	₹74 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹74.00
₹75.00
₹18.10
₹99.10
₹23.00
37,358,000

NSE
₹74.00
₹76.00
₹18.85
₹98.90
₹23.15
49,399,207

Indo Thai Securities IPO Reviews / Ratings

Dilip Davda - Avoid

Company Contact Information

Indo Thai Securities Limited
16, 4th Floor, Dawa Bazar
R.N.T. Marg, Indore-452001
Madhya Pradesh, India

Phone: +91 -731- 2705420/22
Email: ipo@indothai.co.in
Website: http://www.indothai.co.in

Indo Thai Securities IPO Registrar

Sharepro Services Private Limited
   13 AB Samhita Warehousing Complex,
   Off Andheri-Kurla Road, Sakinaka,
   Andheri (E), Mumbai - 400 072.

Phone: 9999999999
Email: indothai.ipo@shareproservices.com
Website: http://

Indo Thai Securities IPO Lead Manager(s)

Corporate Strategic Allianz Ltd

Lead Manager Reports

Indo Thai Securities IPO FAQs

What is Indo Thai Securities IPO?

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 equity share. The minimum order quantity is 80 Shares.

The IPO opens on Sep 30, 2011, and closes on Oct 5, 2011.

Sharepro Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Indo Thai Securities IPO will open?

The Indo Thai Securities IPO opens on Sep 30, 2011 and closes on Oct 5, 2011.
What is the lot size of Indo Thai Securities IPO?

Indo Thai Securities IPO lot size is 80 Shares and the minimum order quantity is 80 Shares.
How to apply for Indo Thai Securities IPO?

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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Indo Thai Securities IPO allotment?

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.
When is Indo Thai Securities IPO listing date?

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

Indo Thai Securities IPO Message Board

Ranked Members

165. Vasudev |Jan 18, 2012 15:41

Sreedhar Sir,

I have sent a private message to your personal email. Kindly include me in your mailing list. Thanks in advance.

164. SkDash |Nov 11, 2011 15:04

IPO Mentor (600+ Posts)

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?

Load more comments (3 replies)

164.4. Jackpoat |Nov 14, 2011 20:08

Top Contributor (200+ Posts)

I also applied for W/D and not got any share

164.5. Multilooser |Nov 15, 2011 11:22

I had once get refund order of 98000/- which was requested for stop payment ,now clear the dues.

163. SkDash |Nov 7, 2011 16:35

IPO Mentor (600+ Posts)

Any new IPO in line (during bad 2011)

Load more comments (1 replies)

163.2. SkDash |Nov 8, 2011 08:47

IPO Mentor (600+ Posts)

Thanks. So, what is yr current schedule in mkt? Any gud script to buy in cash from yr side ?

163.3. selva raj |Nov 9, 2011 15:46

Still we have time to see cheap rate to buy in cash...so do trading untill that.If you buy in cash ur profit shld be atleast doub;e wen u selling :-) dont go fr cash segment now..am not holding any shares in cash nw..just doing trade thats it

162. selva raj |Nov 4, 2011 20:42

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 |Nov 4, 2011 22:38

IPO Mentor (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 |Nov 5, 2011 04:15

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 |Nov 4, 2011 19:20

Top Contributor (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 |Nov 5, 2011 04:21

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 |Nov 20, 2011 22:50

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 |Nov 3, 2011 20:37

IPO Mentor (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 |Nov 3, 2011 21:11

IPO Mentor (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 |Nov 3, 2011 18:07

"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."

SkDash
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.

Load more comments (3 replies)

159.4. sh |Nov 3, 2011 20:21

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 |Nov 3, 2011 20:49

ARIAN
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 |Nov 3, 2011 16:59

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 |Nov 3, 2011 12:45

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!!!

Load more comments (3 replies)

157.4. MULTILOOSER listing loss |Nov 3, 2011 18:12

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 |Nov 3, 2011 18:48

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 |Nov 3, 2011 11:44

152.1. ARIAN Nov 03, 2011 4:25:09 AM IST

4:25am...wow.

If you booked small profit today, you could have booked huge profits yesterday. Big loss (missed opportunity).

156.1. ARIAN |Nov 3, 2011 11:59

Well not big profit really. But I could have made some profit yesterday definitely.

155. sh |Nov 3, 2011 11:02

Revised limits for Indothai:
lc: 18.55
uc: 27.80

154. Ipofinder |Nov 3, 2011 09:22

Friends,

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 |Nov 2, 2011 23:19

INDOTHAI
closing price: 23.15
UC: 27.78
LC: 18.52

Any guesses where it might go?

153.1. ARIAN |Nov 3, 2011 05:25

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 |Nov 3, 2011 10:29

Played the game and booked the profit.

152. Jackpoat |Nov 2, 2011 19:49

Top Contributor (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 |Nov 3, 2011 10:19

IPO Mentor (600+ Posts)

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 |Nov 3, 2011 14:14

Top Contributor (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 |Nov 2, 2011 19:05

IPO Guru (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 |Nov 2, 2011 19:13

Had SEBI advised you to subscribe the issue....aviod it if you feel its not worth.....

150. sh |Nov 2, 2011 18:05

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 |Nov 2, 2011 16:38

Top Contributor (200+ Posts)

Very Bad Day for me.net 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 loss.at that time i have booked 2000+ profit.again by trading recover some portion of my loss.finally -(2510).

149.1. SkDash |Nov 2, 2011 17:50

IPO Mentor (600+ Posts)

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 |Nov 2, 2011 16:07

I don't think it will give more movement now now everything is closed one more junk ipo

147. sh |Nov 2, 2011 15:48

What's going to happen from 3pm to 3:10pm (typical auto square-off time).

146. Chittorgarh Member |Nov 2, 2011 15:40

Now, it is quoting too low, even Operator also cannot rig it up.