Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Pune E-Stock Broking IPO is a book built issue of Rs 38.23 crores. The issue is entirely a fresh issue of 46.06 lakh shares.
Pune E-Stock Broking IPO bidding started from March 7, 2024 and ended on March 12, 2024. The allotment for Pune E-Stock Broking IPO was finalized on Wednesday, March 13, 2024. The shares got listed on BSE SME on March 15, 2024.
Pune E-Stock Broking IPO price band is set at ₹78 to ₹83 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹132,800. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹265,600.
Share India Capital Services Private Limited is the book running lead manager of the Pune E-Stock Broking IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Pune E-Stock Broking IPO is Share India Securities.
Refer to Pune E-Stock Broking IPO RHP for detailed information.
| IPO Date | March 7, 2024 to March 12, 2024 |
| Listing Date | March 15, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹78 to ₹83 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 4,606,400 shares (aggregating up to ₹38.23 Cr) |
| Fresh Issue | 4,606,400 shares (aggregating up to ₹38.23 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 11,044,458 |
| Share holding post issue | 15,650,858 |
| Market Maker portion | 691,200 shares Share India Securities |
Pune E-Stock Broking IPO offers 4,606,400 shares. 782,400 (16.99%) to QIB, 588,800 (12.78%) to NII, 1,371,200 (29.77%) to RII and 1,172,800 (25.46%) to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 1,172,800 (25.46%) |
| Market Maker Shares Offered | 691,200 (15.01%) |
| QIB Shares Offered | 782,400 (16.99%) |
| NII (HNI) Shares Offered | 588,800 (12.78%) |
| Retail Shares Offered | 1,371,200 (29.77%) |
| Total Shares Offered | 4,606,400 (100%) |
Pune E-Stock Broking IPO raises Rs 9.73 crore from anchor investors. Pune E-Stock Broking IPO Anchor bid date is March 6, 2024. Pune E-Stock Broking IPO Anchor Investors list
| Bid Date | March 6, 2024 |
| Shares Offered | 1,172,800 |
| Anchor Portion Size (In Cr.) | 9.73 |
| Anchor lock-in period end date for 50% shares (30 Days) | April 12, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | June 11, 2024 |
Pune E-Stock Broking IPO opens on March 7, 2024, and closes on March 12, 2024.
| IPO Open Date | Thursday, March 7, 2024 |
| IPO Close Date | Tuesday, March 12, 2024 |
| Basis of Allotment | Wednesday, March 13, 2024 |
| Initiation of Refunds | Thursday, March 14, 2024 |
| Credit of Shares to Demat | Thursday, March 14, 2024 |
| Listing Date | Friday, March 15, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 12, 2024 |
Investors can bid for a minimum of 1600 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 | 1600 | ₹132,800 |
| Retail (Max) | 1 | 1600 | ₹132,800 |
| HNI (Min) | 2 | 3,200 | ₹265,600 |
| Lot Size Calculator | |||
Mr. Vrajesh Krishnakumar Shah, Mr. Devendra Ramchandra Ghodnadikar, Mr. Vrajesh Navnitbhai Shah, Mr. Sandip Sunderlal Shah, Mr. Paresh Sunderlal Shah, and Daidipya Ghodnadikar are the promoters of the company.
| Share Holding Pre Issue | 72.75% |
| Share Holding Post Issue | 51.34% |
Incorporated in 2007, Pune E-Stock Broking Limited (PESB) is a corporate broking house.
The company offers
The company offers its services via its web-based trading platform Aero and its mobile trading app. Users can manage their investments, keep up to date with market trends, and make trades on the go.
As of March 2023, the company had a total of 60,640 customers, including authorized persons (spread across more than 10 cities) and direct customers, and has two branches in Ahmedabad and Delhi.
In FY 2023, the company has 79 employees, including directors and KMP, administrative/managerial staff, and unskilled workers.
Pune E-Stock Broking Limited's revenue decreased by -12.06% and profit after tax (PAT) dropped by -4.69% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 22,224.76 | 15,801.00 | 16,314.24 | 13,288.68 |
| Revenue | 3,010.80 | 4,103.10 | 4,665.70 | 3,474.64 |
| Profit After Tax | 610.67 | 964.52 | 1,012.03 | 650.48 |
| Net Worth | 8,259.66 | 7,654.66 | 6,754.55 | 5,806.65 |
| Reserves and Surplus | 7,155.22 | 6,918.36 | 6,018.26 | 5,070.35 |
| Total Borrowing | 826.19 | 1,853.74 | 1,640.17 | 1,195.00 |
| Amount in ₹ Lakhs | ||||
The market capitalization of Pune E-Stock Broking IPO is Rs 129.9 Cr.
KPI as of September 30, 2023.
| KPI | Values |
|---|---|
| ROE | 7.30% |
| ROCE | 8.25% |
| RoNW | 7.39% |
| P/BV | 0.77 |
| PAT Margin (%) | 22.9 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 8.73 | 7.04 |
| P/E (x) | 9.5 | 11.79 |
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
[Dilip Davda] The company that is currently providing broking services is mulling expansion of its activities by adding more segments to be a financial services provider under one roof. Though it posted inconsistency in its top and bottom lines for FY21 to FY23, its working for H1-FY24 indicates the results of its expansion. Based on FY24 annualized earnings, the issue appears fully priced. Investors may park funds for the medium to long term rewards. Read detail review...
The Pune E-Stock Broking IPO is subscribed 371.16 times on March 12, 2024 7:02:00 PM. The public issue subscribed 338.92 times in the retail category, 123.02 times in the QIB category, and 775.99 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 123.02 |
| NII | 775.99 |
| Retail | 338.92 |
| Total | 371.16 |
Total Application : 438,216 (511.34 times)
| Listing Date | March 15, 2024 |
| BSE Script Code | 544141 |
| NSE Symbol | |
| ISIN | INE510U01018 |
| Final Issue Price | ₹83 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹83.00 |
| ₹130.00 |
| ₹123.50 |
| ₹136.50 |
| ₹133.18 |
Pune E-Stock Broking Limited
1198 Shukrawar Peth,
Shubhash Nagar, Lane No 3,
Pune – 411002
Phone: +91-020-41000600
Email: info@pesb.co.in
Website: http://www.pesb.co.in/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide 
Pune E-Stock Broking IPO is a SME IPO of 4,606,400 equity shares of the face value of ₹10 aggregating up to ₹38.23 Crores. The issue is priced at ₹78 to ₹83 per share. The minimum order quantity is 1600 Shares.
The IPO opens on March 7, 2024, and closes on March 12, 2024.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Pune E-Stock Broking IPO using UPI as a payment gateway. Zerodha customers can apply in Pune E-Stock Broking IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Pune E-Stock Broking IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Pune E-Stock Broking IPO opens on March 7, 2024 and closes on March 12, 2024.
Pune E-Stock Broking IPO lot size is 1600 Shares, and the minimum amount required is ₹132,800.
You can apply in Pune E-Stock Broking 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 Pune E-Stock Broking IPO will be done on Wednesday, March 13, 2024, and the allotted shares will be credited to your demat account by Thursday, March 14, 2024. Check the Pune E-Stock Broking IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
Top Contributor (400+ Posts, 200+ Likes)
IPO Mentor (700+ Posts, 600+ Likes)
IPO Guru (1400+ Posts, 1100+ Likes)
HKG MONEY TECH PRIVATE LIMITED. BUY 200,000 114.20
ARIKA SECURITIES PRIVATE LIMITED BUY 99,200 126.18