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Share India Securities IPO is a fixed price issue of Rs 26.37 crores.
Share India Securities IPO bidding started from September 21, 2017 and ended on September 26, 2017. The shares got listed on BSE SME on October 5, 2017.
Share India Securities IPO price is ₹41 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹123,000.
Hem Securities Limited is the book running lead manager of the Share India Securities IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Share India Securities IPO RHP for detailed information.
IPO Date | September 21, 2017 to September 26, 2017 |
Listing Date | October 5, 2017 |
Face Value | ₹10 per share |
Price | ₹41 per share |
Lot Size | 3000 Shares |
Total Issue Size | 6,432,000 shares (aggregating up to ₹26.37 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 18,492,588 |
Share holding post issue | 24,424,588 |
Investors can bid for a minimum of 3000 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 | 3000 | ₹123,000 |
Retail (Max) | 1 | 3000 | ₹123,000 |
Lot Size Calculator |
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 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
[Dilip Davda] Company’s future prospects hinges with the behaviors of the stock markets. Investment may be considered for medium to long term. Read detail review...
The Share India Securities IPO is subscribed times on September 26, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|
Listing Date | October 5, 2017 |
BSE Script Code | 540725 |
NSE Symbol | SHAREINDIA |
ISIN | INE932X01018 |
Final Issue Price | ₹41 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹41.00 |
₹92.60 |
₹87.50 |
₹94.40 |
₹93.10 |
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
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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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 share. The minimum order quantity is 3000 Shares.
The IPO opens on September 21, 2017, and closes on September 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 September 21, 2017 and closes on September 26, 2017.
Share India Securities IPO lot size is 3000 Shares, and the minimum amount required is ₹123,000.
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, Nuvama, 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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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