Microsec Financial Services Ltd IPO (Microsec Financial IPO) Detail

Sep 17, 2010 - Sep 21, 2010

Incorporated in 1989, Microsec Financial Services Ltd is a financial services company engaged in the business of financing and investment, investment banking and related services, brokerage and related services, wealth management, insurance broking, financial planning and related services.

They operate through the Issuer, Microsec Financial Services Limited (�MFSL�), and its Subsidiaries, Microsec Capital Limited ("MCap"), Microsec Resources Private Limited ("MRPL"), Microsec Technologies Limited ("MTL"), Microsec Insurance Brokers Limited ("MIBL"), Microsec Commerze Limited ("MCL") and PRP Technologies Limited ("PRP").

The Issuer, MFSL, is a non-banking financial company registered with the RBI. MFSL is engaged in the business of financing, which primarily comprises giving loans against shares, and making investments. It is also the ultimate holding company of the Microsec Group, which operates as an integrated group in providing its various financial products and services to its target client base of retail investors, high net worth individuals, companies and institutions.

Company Promoters:

The Promoters of the Company are:

1. Banwari Lal Mittal
2. Ravi Kant Sharma

Company Financials:

Particulars	For the year/period ended (Rs. in Million)
	30-Sep-09	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05
Total Income	87.55	142.40	127.77	39.54	17.03	9.64
Profit After Tax (PAT)	48.12	56.06	77.03	28.86	18.71	0.01

Objects of the Issue:

The objects of this Issue are to:

1. Expand their Financing business;
2. Expand MCap's domestic operations by increasing network of branches;
3. Enhance MCap's existing technological capacity;
4. General corporate purposes; and
5. Achieve the benefits of listing the Equity Shares on the Stock Exchanges.

Microsec Financial IPO Details

IPO Opening Date	Sep 17, 2010
IPO Closing Date	Sep 21, 2010
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹113 to ₹118 per equity share
Market Lot	52 Shares
Min Order Quantity	52 Shares
Listing At	BSE, NSE
Issue Size	12,500,000 Eq Shares of ₹10 (aggregating up to ₹147.50 Cr)

Microsec Financial IPO Lot Size

The Microsec Financial IPO market lot size is 52 shares. A retail-individual investor can apply for up to 32 lots (1664 shares or ₹196,352).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	52	₹6,136
Maximum	32	1664	₹196,352

Microsec Financial Services Ltd IPO Grading / Rating

CRISIL has assigned an IPO Grade 2 to Microsec Financial Services Ltd IPO. This means as per CRISIL company has 'Below Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for Microsec Financial Services Ltd.

Microsec Financial Services Ltd IPO Tags:

Microsec Financial Services Ltd IPO, Microsec Financial IPO, Microsec IPO Bidding, Microsec Financial Services IPO Allotment Status, Microsec drhp and Microsec Financial Services Ltd IPO listing.

Microsec Financial IPO Subscription Status (Bidding Detail)

The Microsec Financial IPO is subscribed 12.20x times on Sep 21, 2010 17:00. The public issue subscribed 11.04x in the retail category, 5.91x in the QIB category, and 35.88x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
QIB	5.91x
NII	35.88x
RII	11.04x
Total	12.20x

Microsec Financial IPO Prospectus

› Microsec Financial IPO DRHP
› Microsec Financial IPO RHP
› Microsec Financial IPO Application Form Download

Microsec Financial IPO Rating

212

3.7

Rating:

Vote Here ...

Microsec Financial IPO Listing Date

Listing Date	Tuesday, October 5, 2010
BSE Script Code	533259
NSE Symbol	MICROSEC
Listing In	B
ISIN	INE019J01013
IPO Price	₹118 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹118.00
₹135.10
₹108.30
₹141.00
₹110.90
16,961,298

NSE
₹118.00
₹130.00
₹108.55
₹142.00
₹111.35
26,020,771

Microsec Financial IPO Reviews / Ratings

Aditya Birla Ltd - Avoid

Company Contact Information

Microsec Financial Services Ltd
Azimganj House,
2nd floor, 7 Camac Street,
Kolkata 700 017

Phone: (91 33) 2282 9330
Email: info@microsec.in
Website: http://www.microsec.in

Microsec Financial IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: mfsl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Microsec Financial IPO Lead Manager(s)

SBI Capital Markets Limited

Lead Manager Reports

Microsec Financial IPO FAQs

What is Microsec Financial IPO?

Microsec Financial IPO is a main-board IPO of 12,500,000 equity shares of the face value of ₹10 aggregating up to ₹147.50 Crores. The issue is priced at ₹113 to ₹118 per equity share. The minimum order quantity is 52 Shares.

The IPO opens on Sep 17, 2010, and closes on Sep 21, 2010.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Microsec Financial IPO will open?

The Microsec Financial IPO opens on Sep 17, 2010 and closes on Sep 21, 2010.
What is the lot size of Microsec Financial IPO?

Microsec Financial IPO lot size is 52 Shares and the minimum order quantity is 52 Shares.
How to apply for Microsec Financial IPO?

You can apply in Microsec Financial 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 Microsec Financial IPO allotment?

The finalization of Basis of Allotment for Microsec Financial IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Microsec Financial IPO allotment status.
When is Microsec Financial IPO listing date?

The Microsec Financial IPO listing date is on Tuesday, October 5, 2010.

Microsec Financial IPO Message Board

Ranked Members

459. Anonymouse |Oct 27, 2010 17:26

Top Contributor (300+ Posts)

VP OF THIS COMPANY IS MY CLIENT AND THEY HAVE ENSURED ME THEY WILL BU FROM OPEN MARKET....LOL...

THEY WILL BUY @ 85 AND TARGET IS 180 SO KEEP BUYING IN BULK TO KOOT MONEY.

BUY AT DIPS TO KOOT HUGH MONEY.

458. Anonymous |Oct 18, 2010 11:24

THOSE WO HAVE BOUGHT THIS STOCK ON HIGHER PLS STAY INVESTED.IF YOU HAVE MONEY BUY AT EVERY DOWNFALL,WITHIN 6 MONTHS IT WILL REACH 200RS.MARK MY WORDS YOU WILL REMEBER.HAPPY DUSSERA TO ALL.I LIKE YOUR CONFIDENCE SJ KEEP IT UP.

457. Anonymous |Oct 17, 2010 15:30

I THINK STOCK HAS REACHED LOWER LIMIT. IF IT TANKS FURTHER THEN FUTURE IPO'S WILL HAVE NO SUBSCRIBERS.

456. Anonymous |Oct 16, 2010 01:48

SHORT SELL THIS STOCK EVERY DAY.
SELL AT 87 TARGET OF 82 AND THEN 65,62. FAIR VALUE OF STOCK IS 25 RS.

MAINE BHI SJ KI TARAH ISKE VP SE BAAT KARI HAI AND HE IS SAYING ALL OF THEM HAVE BEEN HEAVY SELLERS ON OPEN MARKET AND WILL NOT BUY A SINGLE SHARE AS THEY HAVE CASH CRUNCH AND CANNOT AFFORD ABOVE 25 RS PURCHASE. COMPANY DOOBNE WALI HAI

455. Anonymous |Oct 16, 2010 01:10

ADVICE TO SJ & CHELA- CHAPATA

BOOK YOUR LOOS IN MICROSEC. OTHERISE YOU WILL BE KOOTED AND LOOTED. VP OF THIS COMPANY MAY BE CLIENT OF SJ BUT THIS DOES NOT MEAN THAT YOU SHOULD STOP USING YOUR BRAIN BEFORE INVESTING.

ALREADY SHARES OF SKS HAVE STARTED TO BE KOOTED AND ALL HIS LONG-SHORT TERM RECOMMENDATIONS ARE GETTING KOOTED, HE MUST ACCEPT THIS IN PUBLIC FORUM AND TAKE RETIREMENT FROM STOCK MARKET OTEHRWISE HE WILL BE LOOTED AND KOOTED BY PROMOTORS AND OPERATORS.

ABHI WOH IS KHEL MAIN BACCHA HAI, KHUD TO LOSS KHAYEGA PAR APNE CHELE- CHAPATON KO BHI LE DOOBEGA.

AAJKAL KOI SJ KA CHELA CHAPATA BHI MESSAGE NAHI KARTA. SABHI DUMMY NAMES TO NAHI THE??????

454. Anonymous |Oct 15, 2010 14:46

REFUND OF RS 61360.00 FOR APLLICATION NO31292279 NO EYET RECD . LEAD MANAGERS NOT REPLYING TO MAILS

453. Anonymous |Oct 15, 2010 14:45

REFUND NOT RECD APPLICATION NO 31292282 RS 61360.00 REFUND OREER NO 112632 & SPED POST NO EM051226326IN . ALLOTMENT DONE ON 30.09.10

452. Anonymous |Oct 14, 2010 16:59

449 SJ (BABA)

YOU ARE MAD. ITANI PITAI KE BAAD BHI NAHI SUDHARE. ABE MOORKH, VATECH KA CREDIT TU KYA LEGA, PURE GREY MARKET MAIN ISAKA BHAV AROUND 350 CHAL RAHA THA. TECH PRO MAIN GREY MARKET MAIN 50-60 KA BHAV CHAL RAHA THA. USAKE 2-5% HERE AND THERE KO TU APNI JEET BATA RAHA HAI. ABE MOORKH VATECH & TECPRO ACCHA THA YE TO AADHE SE JYYADA RETAILERS KO BHI MAALUM THA KYON KI GREY MARKET ACCHA THA AUR USI HISSAB SE RETAIL MAIN SUBSCRIBE BHI KHOOB HUYE.

TERI SAARI GANIT GREY KE BHAV SE NIKALATI HAI. ELECTRO KA GREY MAIN BHAV ACCHA HAI TO TU RECOMMEND KAR DETA HAI. CANTABIL KA BHAV ACCHA HAI TO RECOMMEND KAR DIYA. SABSE ACCHAA BHAV VATECH KA HAI TO USAKO RECOMMED KAR DIYA.

PEHLE YEH TO DEKH KI VATECH MAIN KYA KAMAYA RS. 5000 PER APP. CANTABILE MAIN KITANA PITAWAYA RS. 15000. MICRO MAIN TERI RECOMMENDATION SE SHARE ALREADY 25% PIT CHOOKA HAI. ELECTRO ISSUE BHAV SE NEECHE CHAL RAHA HAI

AGAR TU KEHTA KI EROS KHARAB HAI TO MAIN ISE TERI JEET BATATA. MICROSEC MAIN TO TU KHUD BHI PIT GAYA AUR TERE CHELE-CHAPATE BHI PIT GAYE. ELECTRO KI HAWA KHARAB HAI.

451. Anonymous |Oct 14, 2010 11:11

now the near term target of microsec is 78 rs

450. Anonymous |Oct 14, 2010 01:06

what r the future prospects of microsec finance ipo listed recently

449. Sj |Oct 13, 2010 21:20

Top Contributor (400+ Posts)

448 anonymus shrans atg

i have full corporate investor presentation

my client is vp

and other clients is freind of owner

this stock will require patience

i think you blog on mmb isint it

anyways....

You are the best anonymus post ever....on chittorgarh

i congratulate you

i am now silent reaader only of blogs

plz this is a good post

thats why appreciating you

dont take it as negative as anonymus and sarcasam as Mr. Bj

reagrds

and may god bless you

keep guiding people

shreedhar sagaranpurji

i apologize for posting

gem high hw r u.....

Ravi high....you rock as allways

i could not control myself reading such a good anaysis

and hence posting

my target still is 135 and 148

i did not run away anywhere

i am just silent now

otherwise

i could have also taken credit for va tech and techpro

anyways anonymus guys keep upp thee ggod work

plz be more creative now in abusing me

you are not good even in that

mr. BJ if you dont like my sarcasm

you can kiss my bottom

that option is still open anytime

bye boarders

best of luck

448. Anonymous |Oct 13, 2010 19:59

the guy below is craaazzzy.... u really cannot compare future cap and microsec.. future cap was issueed at a PE of 400x...yes...thats right...400x.. the promoters issued 62 lac shares at roughly Rs800.. so effective capital raised was 480cr while the mcap at Rs800 was 4800cr.. and with no operations, it was a total failure to start with. basically the promoter took 78%stake for no issue of capital, which means that 3/4th of the money was given for no earnings but just for the biyani name...in order to get a 10x PE multiple on a mcap of 4800 cr, the company would have to generate a PAT of 480 cr which was equal to the capital raised.... in simple words, the company with no operations, with no offices, no staff has to double ur investment just to keep the stock price the same....

now consider microsec... it had sales of about 57cr and pat of 24 cr in 2010. in order to get a 10x multiple on a mcap of 300cr, it needs to generate a pat of 30 cr, which means another 6 cr more than the previous yr. now that should not be difficult, considering that it raised about 140cr. even if i put all the money in a 1 yr fd which gives 6% , i get 8.4 cr which leads to a pat of 32cr. another way to look at it is, that it has increased its sales by 7x in the past 4 yrs. also that company is a leader in bengal...has full fledged operations and is generating ontinued profits...it has almost negligible capex and already has about 240 branches which would result in a valuation of rs 1.25cr/branch... boy is that cheap or whattttt???

so think again before u really compare future cap and microsec...

if u want to discuss this further, ...tap me at shrans100atg ma il . c om

447. Anonymous |Oct 12, 2010 13:34

microsec is a small share broker who knows how to suck all money of ipo . it is like a future capital .issued at near 800 rs now trading at 257 rs . so the target for microsec is now 25 rs.

take ypur decision your self

446. Anonymous |Oct 12, 2010 13:20

i HAVE NOT RECEIVED MY REFUND AMOUNT PLZ HELP ME PLZ GIVE ME LINK INTIME TOLL FREE NUMBER

445. Anonymous |Oct 8, 2010 12:49

Microsec ka kya kare? kitane din lagege jitna invest kiye hai utane vapas aane me..................Pl tell anyone

444. Saharanpuri |Oct 8, 2010 00:33

Top Contributor (200+ Posts)

ONE FII FINALLY BUYING MICROSEC
07-OCT-2010,MICROSEC,Microsec Fin Serv Ltd,BNP PARIBAS ARBITRAGE,BUY,173420,108.99,

443. Anonymous |Oct 7, 2010 21:32

any idea about microsec what to se or all co. are loking retailer

442. Anonymous |Oct 7, 2010 13:16

SJ's client is VP of Microsec and the owner is his Uncle's friend. But he is passing time in Chittorgarh.. What a irony.. Apply your brains guys!

441. Sj |Oct 7, 2010 12:27

Top Contributor (400+ Posts)

Hi Freinds and Boarders

Microsec up 4.58% today

intra day high of 112

i still maintain my target of 135 and 148

BEWARE AND TAKE YOUR OWN DECISION MAY ALSO GO WRONG..ALSO

AS TOLD TO YOU BEFORE

AGAIN REMINDING YOU

I HAD BOUGHT 1000 SHARES AT 113.50

THAT CONSTITUTES 1% OF MY TOTAL PORTFOLIO IN EQUITIES

IF IT GOES TO ZERO I AM NOT WORRIED

PEOPLE APPLYED IN IPO

I DID NOT SAY TO BUY

BUT TARGET IS 135 148

PEOPLE WHO BOUGHT AND ARE STUCK

MY TARGET IS 135 148

THIS IS MY TARGET

I AM NO GOD

THERE IS NO GOD IN SPECULATION

MARKET IS THE ULTIMATE GOD OF EQUITIES

REGARDS

Setu (Sj)

440. Anonymous |Oct 7, 2010 11:21

MICROSEC TARGET SHORT TERM 88 AND LONG TERM 18.

YOU MAY LOOSE YOUR ALMOST ENTIRE CAPITAL IN THIS SCRIP. THIS IS WORTHLESS COMPANY.

EVEN IF YOU WANT TO INVEST, DO IT BY SHORTING IN MARKETS. SHORT IT AT EVERY RISE TO MINT PROFIT.

THIS IS MULTIBAGGER CAN GIVE YOU 80% NEGATIVE RETURN OVER A PERIOD OF TIME.

PRAKASH SHARMA- UDAIPUR

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