Share India Securities Limited IPO is about to debut on 21 September 2017, with an issue size of 26.37CR. Share India Securities Ltd was established in 1994 to provide brokerage services for securities. The company specializes in equity trading, futures and options, currency and commodity derivatives, mutual funds, IPO, and depository services. Additionally, they have ventured into proprietary trading activities.
SISL is a registered stock broker with SEBI and is a member of BSE for stock brokering operations since 2000. In 2007-08, the company became a registered trading and clearing member of BSE. After the merger, SISL also registered with SEBI as a stock broker, trading, and clearing member of NSE in 2012. With the introduction of the Future and option segment into the Indian capital market, the company has also become a member under the Future & Option (F&O) segment.
Industry Overview
This industry includes various activities such as brokerage, trading, and investment services related to stocks, bonds, derivatives, mutual funds, and other financial instruments.
The securities market in India has undergone significant transformation and growth over the past few decades. The market is regulated by the Securities and Exchange Board of India (SEBI), which ensures transparency, fairness, and investor protection.
India has two major stock exchanges, the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE), which provide trading platforms for various financial instruments. Share India Securities Ltd is a member of both these exchanges, which enables the company to offer a broad range of services to its clients.
Share India Securities IPO Details
| IPO Date | Sep 21, 2017 to Sep 26, 2017 |
| Listing Date | Oct 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 |
Company Financials
| FY2016 | FY2017 | |||||
| Total revenue | 74.0 | 110.1 | ||||
| Total expenses | 64.6 | 97.8 | ||||
| Profit after tax | 6.3 | 8.0 |
Objects of the Issue
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
Share India Securities IPO Prospectus
Company Contact Information
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
Share India Securities IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Share India Securities IPO Lead Manager(s)
- Hem Securities Limited (Past IPO Performance)
