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Home › IPOs › Share India Securities Ltd
SH
Share India Securities Ltd
CLOSED BSE SME Fixed Price IPO Fresh Capital-cum-Offer for Sale Share India Securities IPO GMP
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹41
Issue Price: ₹ 41
Issue Price
₹41
Face Value
₹10
Lot Size
3,000 shares
Open Date
21 Sep 2017
Close Date
26 Sep 2017
Listing Date
05 Oct 2017
Exchange
BSE SME
Share India Securities IPO About the Company

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.

...read more
Share India Securities IPO Objects of the Issue
Purpose Amount (₹ Cr)
To Meet Working Capital Requirement ₹15
To Meet Capital Expenditure incurred for Branch expansion and distribution centre ₹1
To Meet Sales and Marketing Expenditure ₹2
General Corporate Expenses ₹5
Share India Securities IPO Lead Managers
Hem Securities Ltd.
Issue Details
Total Shares Offered
6,432,000 (100%)
Reserved for Market Maker
Up to ₹1 Cr
Net Offer to Public
Up to ₹25 Cr
Pre-Issue Shareholding
18,492,588 shares
Post-Issue Shareholding
24,424,588 shares
UPI Mandate
26 Sep 2017
IPO Analytics Dashboard
LIVE
Share India Securities IPO GMP Insights
👤
Retail Demand
Strong
💼
HNI Interest
Strong
📊
Valuation
Moderate
Share India Securities IPO GMP Strength Score
8 / 10 Strong
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Share India Securities IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
💼 NII / HNI — 3,054,000 (47%) —
👤 Retail (RII) — 3,054,000 (47%) —
📊 Market Maker — 324,000 (5%) —
Σ Total — 6,432,000 (100%) —

* Amount calculated at upper price band (₹41) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
💼
NII / HNI ? 3,054,000 (47%)
47%
👤
Retail (RII) ? 3,054,000 (47%)
47%
📊
Market Maker ? 324,000 (5%)
5%
Total Shares Offered 6,432,000 (100%)
Share India Securities IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 3,000
Min. Investment ₹123,000
💼 HNI Investors ?
Min. Lots 2
Min. Shares 6,000
Min. Investment ₹246,000
Investor Interpretation
  • Retail allocation is strong at 47% of the total offering.
  • HNI/NII demand is strong at 47%.

This IPO shows strong fundamentals and healthy investor demand. Research the business model and compare with sector peers before applying.

STOCK PRICE HISTORY  ·  NSE
—
Issue Price: ₹ 41  ·  Symbol: —
H —
L —
O —
Share India Securities IPO Company Info
📍 6th Milestone, New Bhai-Chara Complex, Opp Mata Man dir, Chikambarpur, ahibabad, Ghaziabad, Uttar Pradesh, 201006
Visit Website
Share India Securities IPO Registrar
Bigshare Services Pvt.Ltd.
Check Allotment Status
Share India Securities IPO FAQs
Share India Securities IPO has already listed. Its last recorded GMP was ₹0. GMP is only indicative and never a guarantee of listing gains.
The issue price of Share India Securities IPO is ₹41 per share. One lot has 3,000 shares, so the minimum investment is about ₹123,000. It is a Fresh Capital-cum-Offer for Sale issue.
Share India Securities IPO opened on 21 Sep 2017 and closed on 26 Sep 2017. Shares are listed on BSE SME on 05 Oct 2017.
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.
As per the offer document, Share India Securities plans to use the IPO proceeds for: To Meet Working Capital Requirement (₹15); To Meet Capital Expenditure incurred for Branch expansion and distribution centre (₹1); To Meet Sales and Marketing Expenditure (₹2); General Corporate Expenses (₹5).
The lead manager of Share India Securities IPO is Hem Securities Ltd..
Share India Securities IPO is proposed to list on BSE SME; it is a Fixed Price IPO and the issue is a Fresh Capital-cum-Offer for Sale.
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