Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Indo Thai Securities IPO is a book built issue of Rs 29.60 crores.
Indo Thai Securities IPO bidding started from September 30, 2011 and ended on October 5, 2011. The shares got listed on BSE, NSE on November 2, 2011.
Indo Thai Securities IPO price band is set at ₹70 to ₹84 per share. The minimum lot size for an application is 80 Shares. The minimum amount of investment required by retail investors is ₹6,720.
Corporate Strategic Allianz Ltd is the book running lead manager of the Indo Thai Securities IPO, while Sharepro Services Private Limited is the registrar for the issue.
Refer to Indo Thai Securities IPO RHP for detailed information.
| IPO Date | September 30, 2011 to October 5, 2011 |
| Listing Date | November 2, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹70 to ₹84 per share |
| Lot Size | 80 Shares |
| Total Issue Size | 4,000,000 shares (aggregating up to ₹29.60 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 6,000,000 |
| Share holding post issue | 10,000,000 |
Indo Thai Securities IPO offers 4,000,000 shares. 2,000,000 (50.00%) to QIB, 600,000 (15.00%) to NII, 1,400,000 (35.00%) to RII. 17,500 RIIs will receive minimum 80 shares and (sNII) and (bNII) will receive minimum 2,400 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 2,000,000 (50.00%) | NA |
| NII (HNI) Shares Offered | 600,000 (15.00%) | |
| Retail Shares Offered | 1,400,000 (35.00%) | 17,500 |
| Total Shares Offered | 4,000,000 (100%) |
Investors can bid for a minimum of 80 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 | 80 | ₹6,720 |
| Retail (Max) | 29 | 2320 | ₹194,880 |
| Lot Size Calculator | |||
The promoters of the company are:
1. Mr. Parasmal Doshi
2. Mr. Dhanpal Doshi
| Share Holding Pre Issue | 84.91% |
| Share Holding Post Issue | 50.94% |
Incorporated in 1995, Indo Thai Securities is an India based Stock Broking Company providing trading services in Indian Equity Market (BSE and NSE), Future & Options and Currency Derivatives Segments. The parent group of Indi Thai Securities is Indo Thai group which has 13 financial companies under its umbrella. Company also provides depository services through Central Depository Services (India) Limited. Other services offered by Indo Thai Securities includes Mutual Fund Service System (MFSS) & Interest Rate Futures (IRF) from NSE.
Company targets net worth individuals and retail investors across India for its services. Company operates its business from Indore, MP and business from more than 60 locations across 6 States of India including 14 branches in all over India.
| KPI | Values |
|---|---|
| RoNW | 33.71% |
The objects of the issue are as follows:
1. Expansion and upgradation of our Existing Branches and Set up Network of Branches
2. Purchase of Office space for Mumbai regional office
3. Purchase & set up of Office space for Corporate office
4. Brand Building & Advertising
5. Augmenting Long Term Working Capital Requirement
6. General Corporate Purpose
[Dilip Davda] Avoid. For the fiscal 2010-11 it posted net profit of Rs. 1.06 crore on a total income of Rs. 4.55 crore resulting in an EPS of Rs. 1.77 on existing capital. If this is applied to enhanced equity post this issue, then it stands at Rs. 1.06 and thus the asking price is at a P/E of 70 to 84 and on a NAV of Rs. 12.94 it is being made at a 5.5 to 6.5 P/BV and is a costly bet. Read detail review...
The Indo Thai Securities IPO is subscribed 1.18 times on October 5, 2011 5:00:00 PM. The public issue subscribed 3.35 times in the retail category, 0.00 times in the QIB category, and 0.02 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 0.00 |
| NII | 0.02 |
| Retail | 3.35 |
| Total | 1.18 |
CARE has assigned an IPO Grade 2 to Indo Thai Securities IPO. This means as per CARE, company has 'Below Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Indo Thai Securities IPO Report
| Listing Date | November 2, 2011 |
| BSE Script Code | 533676 |
| NSE Symbol | INDOTHAI |
| ISIN | INE337M01013 |
| Final Issue Price | ₹74 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹74.00 |
| ₹75.00 |
| ₹18.10 |
| ₹99.10 |
| ₹23.00 |
| NSE |
|---|
| ₹74.00 |
| ₹76.00 |
| ₹18.85 |
| ₹98.90 |
| ₹23.15 |
Indo Thai Securities Limited
16, 4th Floor, Dawa Bazar
R.N.T. Marg, Indore-452001
Madhya Pradesh, India
Phone: +91 -731- 2705420/22
Email: ipo@indothai.co.in
Website: http://www.indothai.co.in
Sharepro Services Private Limited
Phone: 9999999999
Email: indothai.ipo@shareproservices.com
Website:
Indo Thai Securities IPO is a main-board IPO of 4,000,000 equity shares of the face value of ₹10 aggregating up to ₹29.60 Crores. The issue is priced at ₹70 to ₹84 per share. The minimum order quantity is 80 Shares.
The IPO opens on September 30, 2011, and closes on October 5, 2011.
Sharepro Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Indo Thai Securities IPO opens on September 30, 2011 and closes on October 5, 2011.
Indo Thai Securities IPO lot size is 80 Shares, and the minimum amount required is ₹6,720.
You can apply in Indo Thai 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Indo Thai Securities IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Indo Thai Securities IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
Top Contributor (1000+ Posts, 200+ Likes)
I have sent a private message to your personal email. Kindly include me in your mailing list. Thanks in advance.