FREE Account Opening + No Clearing Fees
Loading...

SecMark Consultancy Limited IPO (SecMark SME IPO) Detail

September 18, 2020 - September 23, 2020

SecMark SME IPO is a fixed price issue of Rs 15.04 crores.

SecMark SME IPO bidding started from September 18, 2020 and ended on September 23, 2020. The allotment for SecMark SME IPO was finalized on Monday, September 28, 2020. The shares got listed on BSE SME on October 1, 2020.

SecMark SME IPO price is ₹135 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹135,000.

Indorient Financial Services Ltd is the book running lead manager of the SecMark SME IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to SecMark SME IPO RHP for detailed information.

SecMark SME IPO Details

IPO Date September 18, 2020 to September 23, 2020
Listing Date October 1, 2020
Face Value ₹10 per share
Price ₹135 per share
Lot Size 1000 Shares
Total Issue Size1,114,000 shares
(aggregating up to ₹15.04 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

SecMark SME IPO Reservation

SecMark SME IPO offers 1,114,000 shares. 557,000 (50.00%) to NII, 557,000 (50.00%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered--
Other Shares Offered557,000 (50.00%)
Retail Shares Offered557,000 (50.00%)
Total Shares Offered1,114,000 (100%)

SecMark SME IPO Timeline (Tentative Schedule)

SecMark SME IPO opens on September 18, 2020, and closes on September 23, 2020.

IPO Open Date Friday, September 18, 2020
IPO Close Date Wednesday, September 23, 2020
Basis of Allotment Monday, September 28, 2020
Initiation of Refunds Wednesday, September 30, 2020
Credit of Shares to Demat Wednesday, September 30, 2020
Listing Date Thursday, October 1, 2020
Cut-off time for UPI mandate confirmation 5 PM on September 23, 2020

SecMark SME IPO Lot Size

Investors can bid for a minimum of 1000 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 1000 ₹135,000
Retail (Max) 1 1000 ₹135,000
Lot Size Calculator

SecMark SME IPO Promoter Holding

Mrs. Indira Vijay Ramaiya and Mrs. Ilaben Jaswantlal Shah are the promoters of SecMark Consultancy Ltd.

Share Holding Pre Issue 100%
Share Holding Post Issue 72.99%

About SecMark Consultancy Limited

Incorporated in 2011, SecMark Consultancy Ltd is a Mumbai-based financial service company. It is a one-stop-shop that offers multiple services in the area of setting up a business to regulatory registration, software development, compliance, outsourcing, risk management, taxation, and legal matters.

In FY 2019-20, company has serviced more than 200 clients including stock and commodity brokers, depository participants, investment advisors, research analysts, wealth managers, stock exchanges, corporate agents, insurance brokers, banks, NBFCs, etc. are the key corporate clients of SecMark Consultancy. Angel One, 5paisa Capital Ltd, BSE Limited, A.K. Capital Services Ltd, ICICI Securities Ltd, TCS Ltd, Zerodha Investment Advisors LLP, etc. are few of the names of SecMark client base.

Company has nationwide footprints through local representatives at New Delhi, Indore, Ahmedabad, Jaipur, Chandigarh, Bangalore, Raipur, and others.

Competitive Strength

� Large client base
� Diversified products & service portfolio
� Highly qualified and experienced team

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 610.80 492.43 293.38
Total Revenue 574.74 389.99 329.33
Profit After Tax 116.32 96.97 86.59

Objects of the Issue (SecMark SME IPO Objectives)

The key objectives of SecMark Consultancy Ltd (SCL) IPO are as follows:
� To finance development or/and procurement of new technology, software, application, etc. including strategic acquisitions in the technology space.
� To expand SCL leadership team
� To acquire certain fixed assets
� To repay bank loans, and
� To meet general corporate expenditures

SecMark SME IPO Review (May apply)

[Dilip Davda]  Although the company has blue-chip clients in its list, expensive pricing of the issue is going against it. Current financial data is not matching the asking price. Cash surplus, risk savvy investors may consider investment at their own risk. Read detail review...


SecMark SME IPO Subscription Status (Bidding Detail)

The SecMark SME IPO is subscribed 1.24 times on September 23, 2020 6:48:04 PM. The public issue subscribed 1.35 times in the retail category, times in the QIB category, and 1.12 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other1.12
Retail1.35
Total1.24

SecMark SME IPO Prospectus

SecMark SME IPO Rating

224
4.0
Rating:Rated 4.0 stars
Vote Here ...

SecMark SME IPO Listing Details

Listing Date October 1, 2020
BSE Script Code 543234
NSE Symbol SECMARK
ISIN INE0BTM01013
Final Issue Price ₹135 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹135.00
₹134.00
₹127.30
₹134.00
₹127.30

Check IPO Performance…

SecMark Consultancy Limited Contact Details

SecMark Consultancy Limited
Plot No 36/ 227, RDP-10, CTS-1C/1/640
Sector-6, Charkop, Near Ambamata Mandir,
Kandivali-West Mumbai 400067
Phone: 91-9820463889
Email: sunil@secmark.in
Website: https://www.secmark.in/

SecMark SME IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

SecMark SME IPO - Buy or Not

SecMark SME IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

SME IPO Enquiry

SME Company Owners
We could help you get listed on the stock market.

Contact us Today

Check our SME IPO Guide New

SecMark SME IPO FAQs

SecMark SME IPO is a SME IPO of 1,114,000 equity shares of the face value of ₹10 aggregating up to ₹15.04 Crores. The issue is priced at ₹135 per share. The minimum order quantity is 1000 Shares.

The IPO opens on September 18, 2020, and closes on September 23, 2020.

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 SecMark SME IPO using UPI as a payment gateway. Zerodha customers can apply in SecMark SME IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in SecMark SME IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'SecMark SME IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The SecMark SME IPO opens on September 18, 2020 and closes on September 23, 2020.

SecMark SME IPO lot size is 1000 Shares, and the minimum amount required is ₹135,000.

You can apply in SecMark SME 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 SecMark SME IPO will be done on Monday, September 28, 2020, and the allotted shares will be credited to your demat account by Wednesday, September 30, 2020. Check the SecMark SME IPO allotment status.

The SecMark SME IPO listing date is on October 1, 2020.
Open an Instant Account with Zerodha

SecMark SME IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

Loading...

12 Comments

10. IPOANALYSIS |   Link |  Bookmark |October 1, 2020 9:22:09 AM
As predicted expensive stock. Fair value not more than 40 rs
9. IPOANALYSIS |   Link |  Bookmark |September 23, 2020 3:56:47 PM
Forcefully subscribe karwaya Gaya hai.1 pc subscription.
9.1. traderji |   Link |  Bookmark |September 23, 2020 4:16:45 PM
Agree with you
8. traderji |   Link |  Bookmark |September 23, 2020 3:13:12 PM
Adminjo why subscription is updated hourly bases not for few minutes?
7. traderji |   Link |  Bookmark |September 23, 2020 2:52:13 PM
why subscription data update hourly not after few minutes?
6. RCBOOK |   Link |  Bookmark |September 21, 2020 10:02:51 AM
sold 1@723
6.1. Sailesh |   Link |  Bookmark |September 22, 2020 10:35:47 AM
1 unit sell Rs. 723/- this is really
5. Sailesh |   Link |  Bookmark |September 22, 2020 10:34:13 AM
How many profit?
4. IPOANALYSIS |   Link |  Bookmark |September 21, 2020 2:32:24 PM
The fair price is not above 40 rs
It must have priced too high looking at market condition. Nowhere it commands so high P/e and big issue for SME with only 5 crore turnover. Save ur hard earn money and stay away.
3. Carn Mohan |   Link |  Bookmark |September 20, 2020 11:55:57 AM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
I was alloted 3000 shares of Innovative tyres and tubes Ltd. at Rs 45/ 3 years ago now rate is Rs 6 only I have lost about all Rs 135000/.
2. IPOANALYSIS |   Link |  Bookmark |September 16, 2020 4:46:51 PM
Fair value not more than 50 rs. It's turnover is only 5 crore and it's asking for market cap of more than 50 crore. Too expensive. Only buy below 50 rs after listing
1. Arunblr |   Link |  Bookmark |September 12, 2020 3:45:41 PM
Top Contributor Top Contributor (400 Posts, 100+ Likes)
https://www.moneycontrol.com/news/business/ipo-bonanza-secmark-consultancy-to-hit-d-street-third-firm-to-go-public-this-month-5827051.html