Fixed Price IPO | ₹12 Cr | Listed at BSE SME | Mon, Mar 18, 2013 - Wed, Mar 20, 2013
GCM Securities IPO is a fixed price issue of ₹12.19 crores. The issue is entirely a fresh issue of 0.61 crore shares of ₹12.19 crore.
GCM Securities IPO bidding started from Mar 18, 2013 and ended on Mar 20, 2013. The shares got listed on BSE SME on Apr 5, 2013.
GCM Securities IPO price is ₹20 per share. The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (6000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (12,000 shares), amounting to ₹2,40,000.
Inventure Merchant Banker Services Pvt.Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Bindal Equities Ltd..
Refer to GCM Securities IPO RHP for detailed Information.
IPO Open
Mon, Mar 18, 2013
IPO Close
Wed, Mar 20, 2013
Issue Price
₹20 per share
Market Cap (Pre-IPO)
₹37.98 Cr
| IPO Date | 18 to 20 Mar, 2013 |
| Listed on | Fri, Apr 5, 2013 |
| Face Value | ₹10 per share |
| Issue Price | ₹20 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 60,96,000 shares (agg. up to ₹12 Cr) |
| Reserved for Market Maker | 3,30,000 shares Bindal Equities Ltd. (agg. up to ₹0.6600 Cr) |
| Fresh Issue (Ex Market Maker) | 57,66,000 shares (agg. up to ₹12 Cr) |
| Net Offered to Public | 57,66,000 shares (agg. up to ₹12 Cr) |
| Share Holding Pre Issue | 1,29,00,000 shares |
| Share Holding Post Issue | 1,89,90,000 shares |
| BSE Script Code | 535431 |
| ISIN | INE168O01026 |
GCM Securities IPO comprises a total issue size of 60,90,000 shares. The net offer to the public is 57,60,000 shares, after excluding 3,30,000 shares allotted on a firm basis. Of the Net offer 28,80,000 (50.00%) allocated to NII 28,80,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 28,80,000 | 50.00% | 47.29% |
| Retail Shares Offered | 28,80,000 | 50.00% | 47.29% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,30,000 | 5.42% | |
| Total Shares Offered | 60,90,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 6,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹1,20,000 |
| Retail (Max) | 1 | 6,000 | ₹1,20,000 |
| HNI (Min) | 2 | 12,000 | ₹2,40,000 |
Incorporated in 1995, GCM Securities Ltd is engaged in the business of stock broking activities which include equity broking, investing and trading activities. They are providing broking services in Equity and Future & Options segment. They have membership in the cash and future and options segments of both BSE and NSE.
They are currently serving the corporate clients and mainly the high net worth individuals. GCM Securities is intend to expand and increase their presence in the retail segment by setting up of up additional 25 branches in Kolkata, Mumbai, Delhi, Chennai and Bikaner. They are also making investment in various companies mostly long-term and are based on an analysis of investment fundamentals.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting long term working capital | 11.58 |
| KPI | |
|---|---|
| RoNW | 2.59% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 61.163% | 41.55% |
| Market Cap | ₹37.98 Cr. |
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.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including fees and reimbursements of Market Making Fees, selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses. | 0.45 |
| 2 | Printing & Stationery and Postage Expenses | 0.05 |
| 3 | Marketing and Advertisement Expenses | 0.05 |
| 4 | Regulatory fees and other expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹20.00 |
| Open | ₹65.00 |
| Low | ₹65.00 |
| High | ₹68.25 |
| Last Trade | ₹68.25 |
Purva Sharegistry (India) Pvt.Ltd.
Lead Manager Reports
GCM Securities IPO is a SME IPO of 60,96,000 equity shares of the face value of ₹10 aggregating up to ₹12 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000.
The IPO opens on Mon, Mar 18, 2013, and closes on Wed, Mar 20, 2013.
Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in GCM Securities IPO using UPI as a payment gateway. Zerodha customers can apply in GCM Securities IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in GCM Securities IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The GCM Securities IPO opens on Mon, Mar 18, 2013 and closes on Wed, Mar 20, 2013.
GCM Securities IPO lot size is 6000, and the minimum amount required for application is ₹1,20,000.
You can apply in GCM 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 GCM Securities IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the GCM Securities IPO allotment status.
The GCM Securities IPO listing date is on Fri, Apr 5, 2013.
