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Sangam Advisors Ltd IPO (Sangam Advisors IPO) Detail

July 24, 2012 - July 26, 2012

Sangam Advisors IPO is a fixed price issue of Rs 5.07 crores.

Sangam Advisors IPO bidding started from July 24, 2012 and ended on July 26, 2012. The shares got listed on BSE SME on August 9, 2012.

Sangam Advisors IPO price is ₹22 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹132,000.

Aryaman Financial Services Limited is the book running lead manager of the Sangam Advisors IPO, while Purva Sharegistry India Pvt Ltd is the registrar for the issue.

Refer to Sangam Advisors IPO DRHP for detailed information.

Sangam Advisors IPO Details

IPO Date July 24, 2012 to July 26, 2012
Listing Date August 9, 2012
Face Value ₹10 per share
Price ₹22 per share
Lot Size 6000 Shares
Total Issue Size2,304,000 shares
(aggregating up to ₹5.07 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Sangam Advisors IPO Lot Size

Investors can bid for a minimum of 6000 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 6000 ₹132,000
Retail (Max) 1 6000 ₹132,000
Lot Size Calculator

About Sangam Advisors Ltd

Sangam Advisors Ltd is incorporated in 1999 and engaged in the business of providing diversified financial services with primary focus in assisting small and medium enterprises (SMEs) in corporate and non corporate sector in their financial planning and arranging funds for them. They are also engaged in the business of investing in shares and other securities.

Service Offered by Sangam Advisors Ltd Includes:

1. Debt Syndication Advisory Services
2. Corporate Advisory
3. Investment in Shares / Debentures / Bonds

Objects of the Issue (Sangam Advisors IPO Objectives)

The object of the issue are to:

1. Investments in listed / unlisted securities and financial products;
2. Issue Expenses;
3. General Corporate Purposes.

Sangam Advisors IPO Review (Avoid)

[Dilip Davda]  

Only HNIs' with surplus funds can opt for this IPO for listing gains, if any, as current market scenario is not in favor for this offer at the asking price.

Read detail review...

Sangam Advisors IPO Prospectus

Sangam Advisors IPO Rating

Rating:Rated 2.8 stars
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Sangam Advisors IPO Listing Details

Listing Date August 9, 2012
BSE Script Code 534618
NSE Symbol
ISIN INE299N01013
Final Issue Price ₹22 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Sangam Advisors Ltd Contact Details

Sangam Advisors Ltd
33/34 3rd Flr Printing House,
28-D Police Court Lane Fort,
Mumbai - 400001, Maharashtra
Phone: 91-22-22621318

Sangam Advisors IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761

Sangam Advisors IPO - Buy or Not

Sangam Advisors IPO Recommendation Summary

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Brokers 0 0 1
Members 0 0 0

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Sangam Advisors IPO FAQs

Sangam Advisors IPO is a SME IPO of 2,304,000 equity shares of the face value of ₹10 aggregating up to ₹5.07 Crores. The issue is priced at ₹22 per share. The minimum order quantity is 6000 Shares.

The IPO opens on July 24, 2012, and closes on July 26, 2012.

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

The Sangam Advisors IPO opens on July 24, 2012 and closes on July 26, 2012.

Sangam Advisors IPO lot size is 6000 Shares, and the minimum amount required is ₹132,000.

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

The Sangam Advisors IPO listing date is on August 9, 2012.
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Sangam Advisors IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



3. manoj khan |   Link |  Bookmark |July 21, 2012 8:09:11 PM
They Have No Chance to go up the price high this all are talking lie.
2. santonu |   Link |  Bookmark |July 18, 2012 5:26:06 PM (200+ Posts)
As this stock is to be listed on BSE SME , how we can sell it .
1. marketrider |   Link |  Bookmark |July 18, 2012 9:49:08 AM
This ipo will get good listing gains.If one hold this may show the price 30-35 soon .