Incorporated in 1994, Share India Securities Ltd is engaged in providing brokerage services for securities. The Company offers equity trading, futures and options, currency and commodity derivatives, mutual funds, IPO, and depository services.
They are in the business of Share broking and trading services in Equity, Future& Options and Currency Derivatives segments and has the membership in the cash, future and options and currency derivatives segments of both BSE and NSE, Depository Participant services with CDSL and is also providing Mutual fund investment services to clients. Apart from the above they have also entered into proprietary trading (own account trading) activities also.
SISL got registered with SEBI as Stock Broker (Member of BSE) in the year 2000 and started the Stock Brokering operations. Later during the year 2007-08 they got registered as a trading and clearing member of Bombay Stock Exchange (BSE). Post the merger of the company it got registered with SEBI as Stock Broker, Trading and Clearing Member of National Stock Exchange of India (NSE) in the year 2012. With the introduction of the Future and option segment into the Indian capital market the company became Member under future & Option (F&O) Segment as well.
The promoters of the company are:
1. Mr Parveen Gupta,
2. Mr Sachin Gupta,
3. Mr Rajesh Gupta
4. Mr Yash Pal Gupta
The objects of the Issue are:
1. To Meet Working Capital Requirement
2. To Meet Capital Expenditure incurred for Branch expansion and distribution centre
3. To Meet Sales and Marketing Expenditure
4. General Corporate Purpose
5. To Meet the Issue Expenses
| IPO Opening Date | Sep 21, 2017 |
| IPO Closing Date | Sep 26, 2017 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹41 per equity share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | BSE SME |
| Issue Size | 6,432,000 Eq Shares of ₹10 (aggregating up to ₹26.37 Cr) |
The Share India Securities IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹123,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹123,000 |
| Maximum | 1 | 3000 | ₹123,000 |
The Share India Securities IPO is subscribed times on Sep 26, 2017 17:00. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | IPO Subscription |
|---|---|
| Total |
| Listing Date | Thursday, October 5, 2017 |
| BSE Script Code | 540725 |
| NSE Symbol | |
| Listing In | M |
| ISIN | INE932X01018 |
| IPO Price | ₹41 per equity share |
| Face Value | ₹10 per equity share |
|
|
Share India Securities Ltd
6th Milestone, New Bhai-Chara Complex,
Opp Mata Man dir, Chikambarpur,
ahibabad, Ghaziabad - 201006
Phone: + 91-11-43011000
Email: info@shareindia.com
Website: http://www.shareindia.com
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Lead Manager Reports
Share India Securities IPO is a SME IPO of 6,432,000 equity shares of the face value of ₹10 aggregating up to ₹26.37 Crores. The issue is priced at ₹41 per equity share. The minimum order quantity is 3000 Shares.
The IPO opens on Sep 21, 2017, and closes on Sep 26, 2017.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Share India Securities IPO opens on Sep 21, 2017 and closes on Sep 26, 2017.
Share India Securities IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
You can apply in Share India 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.
The finalization of Basis of Allotment for Share India Securities IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Share India Securities IPO allotment status.
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Top Contributor (200+ Posts, 100+ Likes)
Just throw light on Share India Sec.Is it worth buying at 58-59 for a year or two. I bought Worth Peri.Ltd.at 70 as advised by you. Please also let me know next good SME IPO for an Investment