Bookbuilding IPO | ₹143 Cr | Listed at BSE, NSE | Mon, Jul 4, 2005 - Fri, Jul 8, 2005
IL&FS Investsmart IPO is a book build issue of ₹142.50 crores. The issue is a combination of fresh issue of 0.88 crore shares aggregating to ₹110.00 crores and offer for sale of 0.26 crore shares aggregating to ₹32.50 crores.
IL&FS Investsmart IPO bidding started from Jul 4, 2005 and ended on Jul 8, 2005. The shares got listed on NSE and BSE on Jul 27, 2005.
IL&FS Investsmart IPO is set final issue price at ₹125 per share.
SBI Capital Markets Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to IL&FS Investsmart IPO RHP for detailed Information.
IPO Open
Mon, Jul 4, 2005
IPO Close
Fri, Jul 8, 2005
Issue Price
₹125 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 4 to 8 Jul, 2005 |
| Listed on | Wed, Jul 27, 2005 |
| Face Value | ₹10 per share |
| Price Band | ₹110 to ₹125 |
| Issue Price | ₹125 per share |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,14,00,000 shares (agg. up to ₹143 Cr) |
| Fresh Issue | 88,00,000 shares (agg. up to ₹110 Cr) |
| Offer for Sale | 26,00,000 shares of ₹10 (agg. up to ₹33 Cr) |
| Share Holding Pre Issue | 3,49,99,716 shares |
| Share Holding Post Issue | 4,37,99,716 shares |
| BSE Script Code / NSE Symbol | 532653 / INVSTSMART |
| ISIN | INE800B01013 |
IL&FS Investsmart IPO comprises a total issue size of 1,14,00,000 shares. The net offer to the public is 1,02,60,000 shares, after excluding 11,40,000 shares under a preferential allotment. Of the Net offer 61,56,000 (60.00%) are allocated to QIB, 10,26,000 (10.00%) allocated to NII 30,78,000 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 61,56,000 | 60.00% | 54.00% |
| NII (HNI) Shares Offered | 10,26,000 | 10.00% | 9.00% |
| Retail Shares Offered | 30,78,000 | 30.00% | 27.00% |
| Preferential Reservations | |||
| Employee Shares Offered | 11,40,000 | 10.00% | |
| Total Shares Offered | 1,14,00,000 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
IL&FS Investsmart Limited is an financial services and brokerage firm that offers a wide range of investment solutions to retail and institutional clients. Its core services included equity and derivatives broking, investment advisory, distribution of financial products like mutual funds and IPOs, and securities-related financing.
The company is a part of the larger IL&FS (Infrastructure Leasing & Financial Services) group and operated through a strong network of branches across India, catering to both individual investors and corporate clients.
Product offerings:
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 212.70 | 175.40 | 115.47 |
| Total Income | 108.34 | 82.35 | 33.42 |
| Profit After Tax | 33.06 | 22.09 | 0.64 |
| NET Worth | 86.63 | 62.36 | 48.19 |
| Reserves and Surplus | 51.85 | 27.70 | 13.65 |
| Total Borrowing | 22.81 | 16.26 | 54.71 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of operations and branch network | 16.00 |
| 2 | Technology and Business Continuity Planning | 25.00 |
| 3 | Investment in Subsidiaries | 17.50 |
| 4 | Augmenting Long Term Working Capital | 25.00 |
| 5 | Issue Expenses | 8.43 |
| Total | 91.93 |
| KPI | Mar 31, 2005 |
|---|---|
| RoNW | 38.2% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 51.33% | 46.81% |
The IL&FS Investsmart IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 33.50 | 1,14,00,000 | 38,18,48,721 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Management | 3.31 |
| 2 | Underwriting & Selling Commission | 1.43 |
| 3 | Fees payable to Registrar, Legal Advisors & Auditors | 0.70 |
| 4 | Printing, Stationery & Postage | 1.60 |
| 5 | Advertisement and Marketing | 1.20 |
| 6 | Other expenses | 0.20 |
| Total | 8.43 |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹125.00 | ₹125.00 |
| Open | ₹195.00 | ₹183.25 |
| Low | ₹182.55 | ₹182.60 |
| High | ₹200.00 | ₹200.00 |
| Last Trade | ₹185.15 | ₹184.45 |
IL&FS Investsmart IPO is a main-board IPO of 1,14,00,000 equity shares of the face value of ₹10 aggregating up to ₹143 Crores. The issue is priced at ₹125 per share. The minimum order quantity is .
The IPO opens on Mon, Jul 4, 2005, and closes on Fri, Jul 8, 2005.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in IL&FS Investsmart IPO using UPI as a payment gateway. Zerodha customers can apply in IL&FS Investsmart IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in IL&FS Investsmart IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The IL&FS Investsmart IPO opens on Mon, Jul 4, 2005 and closes on Fri, Jul 8, 2005.
IL&FS Investsmart IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in IL&FS Investsmart IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for IL&FS Investsmart IPO will be done on Wednesday, July 20, 2005, and the allotted shares will be credited to your demat account by . Check the IL&FS Investsmart IPO allotment status.
The IL&FS Investsmart IPO listing date is on .
