SecMark Consultancy Ltd is a financial service company that offers a range of services related to business setup, regulatory registration, software development, compliance, outsourcing, risk management, taxation, and legal matters. Founded in 2011 and headquartered in Mumbai, the company has served over 200 clients in the fiscal year 2019-20. Its clients include stock and commodity brokers, depository participants, investment advisors, research analysts, wealth managers, stock exchanges, corporate agents, insurance brokers, banks, and NBFCs.
Some of the well-known corporate clients of SecMark Consultancy are Angel One, 5paisa Capital Ltd, BSE Limited, A.K. Capital Services Ltd, ICICI Securities Ltd, TCS Ltd, and Zerodha Investment Advisors LLP. The company has a pan-India presence through local representatives in cities such as New Delhi, Indore, Ahmedabad, Jaipur, Chandigarh, Bangalore, and Raipur, among others.
SecMark SME IPO Details
| IPO Date | Sep 18, 2020 to Sep 23, 2020 |
| Listing Date | Oct 1, 2020 |
| Face Value | ₹10 per share |
| Price | ₹135 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 1,114,000 shares (aggregating up to ₹15.04 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
SecMark SME IPO Tentative Timetable
SecMark SME IPO opens on Sep 18, 2020, and closes on Sep 23, 2020.
| Event | Tentative Date |
| Opening Date | Sep 18, 2020 |
| Closing Date | Sep 23, 2020 |
| Basis of Allotment | Sep 28, 2020 |
| Initiation of Refunds | Sep 30, 2020 |
| Credit of Shares to Demat | Sep 30, 2020 |
| Listing Date | Oct 1, 2020 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
Industry Overview
The financial services industry has seen steady growth in recent years, and this trend is expected to continue. According to industry reports, the Indian financial services market is expected to grow at a CAGR of 7.5% between 2020 and 2025. The growing demand for financial services, increasing adoption of digital technologies, and the rise of fintech companies are some of the factors driving growth in the industry. As a player in this industry, SecMark Consultancy Ltd is well positioned to benefit from these trends and capture a share of the growing market.
Company Financials
Summary of financial Information (Restated Consolidated)
| Particulars | For the year/period ended (Rs in lakhs) | ||
| 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 610.80 | 492.43 | 293.38 |
| Total Revenue | 574.74 | 389.99 | 329.33 |
| Profit After Tax | 116.32 | 96.97 | 86.59 |
Objects of the Issue
The key objectives of SecMark Consultancy Ltd (SCL) IPO are as follows:
- To finance development or/and procurement of new technology, software, application, etc. including strategic acquisitions in the technology space.
- To expand SCL leadership team
SecMark SME IPO Prospectus
Company Contact Information
SecMark Consultancy Limited
Plot No 36/ 227, RDP-10, CTS-1C/1/640
Sector-6, Charkop, Near Ambamata Mandir,
Kandivali-West Mumbai 400067
Phone: 91-9820463889
Email: sunil@secmark.in
Website: https://www.secmark.in/
SecMark SME IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
SecMark SME IPO Lead Manager(s)
- Indorient Financial Services Ltd (Past IPO Performance)
