Pune E-Stock Broking Limited IPO
- IPO Date07 Mar, 2024 to 12 Mar, 2024
- Listing Date15 Mar, 2024
- Face Value₹10 per share
- Issue Price₹78 to ₹83 per share
- Lot Size1600 Shares
- Minimum Investment₹1,32,800
- Listing AtBSE SME
- Total Issue Size46,06,400 Shares
(aggregating up to ₹38.23 Cr) - Fresh Issue46,06,400 Shares
(aggregating up to ₹38.23 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue1,10,44,458
- Shareholding post issue1,56,50,858
IPO Dates
Closing Date
12 Mar, 2024
Initiation of Refunds
14 Mar, 2024
Listing Date
15 Mar, 2024
07 Mar, 2024
Opening Date
13 Mar, 2024
Basis of Allotment
14 Mar, 2024
Credit of Shares
Pune E-Stock Broking Limited Lot Size
Investors can bid for a minimum of 1600 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 |
|---|---|---|---|
| HNI (Min) | 2 | 3200 | ₹2,65,600 |
| Retail (Max) | 1 | 1600 | ₹1,32,800 |
| Retail (Min) | 1 | 1600 | ₹1,32,800 |
Pune E-Stock Broking Limited Promoter Holding
Mr. Vrajesh Krishnakumar Shah, Mr. Devendra Ramchandra Ghodnadikar, Mr. Vrajesh Navnitbhai Shah, Mr. Sandip Sunderlal Shah, Mr. Paresh Sunderlal Shah, and Daidipya Ghodnadikar are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 72.75% | 51.34% |
Pune E-Stock Broking Limited COMPANY INFORMATION
Pune E-Stock Broking IPO is a book built issue of Rs 38.23 crores. The issue is entirely a fresh issue of 46.06 lakh shares. Pune E-Stock Broking IPO bidding opened for subscription on March 7, 2024 and will close on March 12, 2024. The allotment for the Pune E-Stock Broking IPO is expected to be finalized on Wednesday, March 13, 2024. Pune E-Stock Broking IPO will list on BSE SME with tentative listing date fixed as Friday, March 15, 2024. Pune E-Stock Broking IPO price band is set at ₹78 to ₹83 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹132,800. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹265,600. Share India Capital Services Private Limited is the book running lead manager of the Pune E-Stock Broking IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Pune E-Stock Broking IPO is Share India Securities. Refer to Pune E-Stock Broking IPO RHP for detailed information.
Incorporated in 2007, Pune E-Stock Broking Limited (PESB) is a corporate broking house.
The company offers
- Client Broking: where users can invest or trade in shares via PESB's platform, receiving real-time quotes, easy execution via mobile app, website or call, the latest market news and updates, and the service of support staff.
- Depository facility: The company also offers a depository facility to Equity trading clients as part of an integrated service offering through CDSL. The company has a client base of 23,155 active clients in its Depository.
- Mutual funds: The company offers various mutual fund investment options in equity, debt, and hybrid funds.
- Corporate Deposits: Investors can make corporate deposits directly through the company's website or use the convenience of online investment platforms or brokers to facilitate their investments.
- Currency trading services: The company offers foreign exchange trading through multiple trading channels, creating unique investment opportunities and limitless creativity for hedging, speculation, and portfolio diversification.
The company offers its services via its web-based trading platform Aero and its mobile trading app. Users can manage their investments, keep up to date with market trends, and make trades on the go.
As of March 2023, the company had a total of 60,640 customers, including authorized persons (spread across more than 10 cities) and direct customers, and has two branches in Ahmedabad and Delhi.
In FY 2023, the company has 79 employees, including directors and KMP, administrative/managerial staff, and unskilled workers.
FAQs About Pune E Stock Broking Limited Ipo
Pune E-Stock Broking Limited IPO will open on 07 Mar, 2024 and close on 12 Mar, 2024. Investors must apply within this period to participate.
The Pune E-Stock Broking Limited IPO price band is set between ₹78.00 and ₹83.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹132800.00.
The Pune E-Stock Broking Limited IPO shares are expected to be listed on 15 Mar, 2024, subject to regulatory approvals and final allotment.
You can track your Pune E-Stock Broking Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Pune E-Stock Broking Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.