Alacrity Securities IPO Details

Fixed Price IPO | ₹9 Cr | Listed at BSE SME | Mon, Jul 29, 2013 - Thu, Aug 1, 2013

Alacrity Securities IPO Logo

Alacrity Securities IPO is a fixed price issue of ₹9.12 crores. The issue is entirely a fresh issue of 0.61 crore shares of ₹9.12 crore.

Alacrity Securities IPO bidding started from Jul 29, 2013 and ended on Aug 1, 2013. The shares got listed on BSE SME on Aug 14, 2013.

Alacrity Securities IPO price is ₹15 per share. The lot size for an application is 8,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (8000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (16,000 shares), amounting to ₹2,40,000.

Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Choice Equity Broking Pvt.Ltd..

Refer to Alacrity Securities IPO RHP for detailed Information.

IPO Open

Mon, Jul 29, 2013

IPO Close

Thu, Aug 1, 2013

Issue Price

₹15 per share

Market Cap (Pre-IPO)

₹31.50 Cr

IPO Details

IPO Date29 Jul to 1 Aug, 2013
Listed onWed, Aug 14, 2013
Face Value10 per share
Issue Price₹15 per share
Lot Size8,000 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size60,80,000 shares
(agg. up to ₹9 Cr)
Reserved for Market Maker
4,00,000 shares
(agg. up to ₹0.6000 Cr)
Choice Equity Broking Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
56,80,000 shares
(agg. up to ₹9 Cr)
Net Offered to Public56,80,000 shares
(agg. up to ₹9 Cr)
Share Holding Pre Issue1,50,00,000 shares
Share Holding Post Issue2,10,00,000 shares
BSE Script Code 535916
ISININE030P01017

IPO Timetable

Issue Reservation

Alacrity Securities IPO comprises a total issue size of 60,00,000 shares. The net offer to the public is 56,00,000 shares, after excluding 4,00,000 shares allotted on a firm basis. Of the Net offer 28,00,000 (50.00%) allocated to NII 28,00,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 28,00,00050.00%46.67%
Retail Shares Offered 28,00,00050.00%46.67%
Firm Reservations
Market Maker Shares Offered 4,00,0006.67%
Total Shares Offered 60,00,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 8,000 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 8,000 ₹1,20,000
Retail (Max) 1 8,000 ₹1,20,000
HNI (Min) 2 16,000 ₹2,40,000
IPO Subscription Details

About Alacrity Securities Ltd.

Incorporated in 1994, Alacrity Securities Ltd is a diversified financial services company in India offering a wide range of products & services covering equity broking, F & O and currency derivatives to all kinds of investors viz. retail, high net worth individuals and corporate.

Alacrity Securities is a members of Capital Market Segment & Trading Member of Futures & Options Segment of BSE Limited and National Stock Exchange of India Ltd. Also, they are Trading Member of Currency Derivative Segment of MCXFSX and United Stock Exchange of India Ltd. Company's customer base is a mix of high net worth, and retail investors.

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Expanding the domestic operations and network of branches 4.50
2 Enhancement of margin money maintained with the exchanges 2.50
3 Brand building & promotional activities 0.50
4 General corporate purposes 0.90
5 Public Issue Expenses 0.60

Key Performance Indicator (KPI)

KPI
RoNW-4.53%
Pre IPOPost IPO
Promoter Holding66.02%47.16%
Market Cap31.50 Cr.
The Promoters of the Company are:1. Mrs. Beena Hemanshu Mehta
2. Ms. Pooja Hemanshu Mehta

IPO Review

[Dilip Davda]
Remarks: Considering the fate of SME counters in the recent past, risk aver investors can take a chance. Others can just avoid it.
Read detail review...

Alacrity Securities IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0001
Members0000

Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expense 0.35
2 Printing & Stationery, Distribution, Postage, etc 0.10
3 Advertisement & Marketing Expenses 0.10
4 Regulatory & other expenses 0.05

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price15.00
Open12.65
Low12.05
High13.25
Last Trade12.05

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IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Alacrity Securities Ltd. Address
101, 1st Floor, Hari Dharshan,
B Wing, Bhogilal Fadia Road,
Kandivali (West), Mumbai - 400 067
Mumbai, Maharashtra
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IPO FAQs

Alacrity Securities IPO is a SME IPO of 60,80,000 equity shares of the face value of ₹10 aggregating up to ₹9 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000.

The IPO opens on Mon, Jul 29, 2013, and closes on Thu, Aug 1, 2013.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Alacrity Securities IPO using UPI as a payment gateway. Zerodha customers can apply in Alacrity Securities IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Alacrity Securities IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Alacrity Securities IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Alacrity Securities IPO opens on Mon, Jul 29, 2013 and closes on Thu, Aug 1, 2013.

Alacrity Securities IPO lot size is 8000, and the minimum amount required for application is ₹1,20,000.

You can apply in Alacrity Securities IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Alacrity Securities IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Alacrity Securities IPO allotment status.

The Alacrity Securities IPO listing date is on Wed, Aug 14, 2013.

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