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Incorporated in 1994, Share India Securities Limited has been operating in the field of algo-trading. The company aims at offering millennials, an efficient trading experience by providing an automated trading platform to every Indian household.
The company offers products and services in the financial segment. They engage traders and investors in finding best investible opportunities.
Share India Securities offers products like Delivery trading, Intraday Trading, Future Trading, Options Trading, and IPO investment.
Investors can open Demat account, and Trading account with the entity and utilize the online trading services.
Share India has trading platforms in the form of stock trading app, web trading platform, and trading software.
Share India Securities Limited also offers additional facilities to its customers in the form of tools like VWAP, FII & DII Indicator, and Option Edge Calculator.
Issue Open | March 9, 2023 - March 17, 2023 |
Security Name | Share India Securities Limited |
Issue Size (Shares) | 638,131 |
Issue Size (Amount) | ₹804.05 Crores |
Issue Price | ₹700 per share |
Face Value | ₹10 per share |
Listing At | BSE, NSE |
Terms of Payment | The entire amount of Rs. 700 is payable on application. |
Entitlement | 1 Rights Equity Share(s) for every 50 fully paid-up Equity Shares held on Record Date |
Last Date to buy shares | February 27, 2023 |
Record Date | February 28, 2023 |
Credit of Rights Entitlements | March 3, 2023 |
Bid/Offer Opens On | March 9, 2023 |
Renunciation of Rights Entitlements | March 13, 2023 |
Bid/Offer Closes On | March 17, 2023 |
Deemed Date of Allotment | March 25, 2023 |
Credit Date | March 31, 2023 |
Listing Date | April 4, 2023 |
Period Ended | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
31-Mar-21 | 861.26 | 453.81 | 80.75 |
31-Mar-22 | 1,471.69 | 871.01 | 201.84 |
Amount in ₹ Crore |
The proceeds from the Issue are proposed to be utilized by the company towards the following Objects:
The company is offering a Rights Issue of Equity Shares of the face value of Rs. 10/- each along with Detachable Warrants ("Rights Securities") to the eligible shareholders of the Company. Hence, the rights entitlement will be as follows:
Rights Entitlement Ratio: 1 (one) Rights Equity Share along with 17 (seventeen) Detachable Warrants per Rights Equity Share, for every 50 (fifty) fully paid-up Equity Shares held by Eligible Equity Shareholders as of the Record Date.
Share India Securities Limited
1701, 17th Floor, Dalal Street
Commercial Co-operative Society Limited, Road 5E,
Block 53, Zone 5, Gift City, Gandhinagar-382355
Phone: 0120-4910000
Email: info@shareindia.com
Website: http://www.shareindia.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: rightsissue@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
The Share India Securities Rights Issue 2023 opens on March 9, 2023, and closes on March 17, 2023.
Share India Securities Rights Issue 2023 Schedule
Last Date for credit of Rights Entitlements | March 3, 2023 |
Last Date for renunciation of Rights Entitlements | March 13, 2023 |
Issue Opening Date | March 9, 2023 |
Issue Closing Date | March 17, 2023 |
Date of Allotment (on or about) | March 25, 2023 |
Date of Credit (on or about) | March 31, 2023 |
Date of Listing (on or about) | April 4, 2023 |
Share India Securities Rights Issue 2023 price is set at ₹700 per share per equity share.
The eligible shareholders are being offered 1 Rights Equity Share(s) for every 50 fully paid-up Equity Shares held on Record Date (February 28, 2023).
The record date for the Share India Securities Rights Issue 2023 is February 28, 2023.
The issue size of Share India Securities Rights Issue 2023 is of 638,131 equity shares at ₹700 per share aggregating upto ₹804.05 Crores.
The Letter of Offer for Share India Securities Rights Issue 2023 can be download here.
You can apply for Share India Securities Rights Issue 2023 in two ways:
Steps to apply for Share India Securities Rights Issue 2023 using Net Banking (ASBA)
Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.
Steps to apply for Share India Securities Rights Issue 2023 using Registrar's website (R-WAP)
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Flat ₹20 Per Trade in F&O
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