Bookbuilding IPO | ₹30 Cr | Listed at BSE, NSE | Fri, Sep 30, 2011 - Wed, Oct 5, 2011
Indo Thai Securities IPO is a book build issue of ₹29.60 crores. The issue is entirely a fresh issue of 0.40 crore shares of ₹29.60 crore.
Indo Thai Securities IPO bidding started from Sep 30, 2011 and ended on Oct 5, 2011. The shares got listed on BSE, NSE on Nov 2, 2011.
Indo Thai Securities IPO price band is set at ₹74 per share. The lot size for an application is 80. The minimum amount of investment required by an retail is ₹6,720 (80 shares) (based on upper price). The lot size investment for sNII is 34 lots (2,720 shares), amounting to ₹2,01,280, and for bNII, it is 169 lots (13,520 shares), amounting to ₹10,00,480.
Corporate Strategic Allianz Ltd. is the book running lead manager and Sharepro Services Pvt.Ltd. is the registrar of the issue.
Refer to Indo Thai Securities IPO RHP for detailed Information.
IPO Open
Fri, Sep 30, 2011
IPO Close
Wed, Oct 5, 2011
Issue Price
₹74 per share
Market Cap (Pre-IPO)
₹74.00 Cr
| IPO Date | 30 Sep to 5 Oct, 2011 |
| Listed on | Wed, Nov 2, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹70 to ₹84 |
| Issue Price | ₹74 per share |
| Lot Size | 80 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 40,00,000 shares (agg. up to ₹30 Cr) |
| Fresh Issue | 40,00,000 shares (agg. up to ₹30 Cr) |
| Share Holding Pre Issue | 60,00,000 shares |
| Share Holding Post Issue | 1,00,00,000 shares |
| BSE Script Code / NSE Symbol | 533676 / INDOTHAI |
| ISIN | INE337M01013 |
Indo Thai Securities IPO comprises a total issue size of 40,00,000 shares. Out of which, 20,00,000 (50.00%) are allocated to QIB, 6,00,000 (15.00%) allocated to NII 14,00,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 20,00,000 | 50.00% | NA |
| NII (HNI) Shares Offered | 6,00,000 | 15.00% | NA |
| Retail Shares Offered | 14,00,000 | 35.00% | 17,500 |
| Total Shares Offered | 40,00,000 | 100.00% |
Investors can bid for a minimum of 80 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 80 | ₹5,920 |
| Retail (Max) | 33 | 2,640 | ₹1,95,360 |
| S-HNI (Min) | 34 | 2,720 | ₹2,01,280 |
| S-HNI (Max) | 168 | 13,440 | ₹9,94,560 |
| B-HNI (Min) | 169 | 13,520 | ₹10,00,480 |
Incorporated in 1995, Indo Thai Securities is an India based Stock Broking Company providing trading services in Indian Equity Market (BSE and NSE), Future & Options and Currency Derivatives Segments. The parent group of Indi Thai Securities is Indo Thai group which has 13 financial companies under its umbrella. Company also provides depository services through Central Depository Services (India) Limited. Other services offered by Indo Thai Securities includes Mutual Fund Service System (MFSS) & Interest Rate Futures (IRF) from NSE.
Company targets net worth individuals and retail investors across India for its services. Company operates its business from Indore, MP and business from more than 60 locations across 6 States of India including 14 branches in all over India.
| 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 | Expansion and upgradation of our Existing Branches and Set up Network of Branches | 2.00 |
| 2 | Purchase of Office space for Mumbai regional office | 4.00 |
| 3 | Purchase & set up of Office space for Corporate office | 4.00 |
| 4 | Brand Building & Advertising | 3.00 |
| 5 | Augmenting Long Term Working capital requirements | 10.00 |
| 6 | General Corporate Purpose | 4.94 |
| 7 | Public Issue Expense | 1.66 |
| KPI | |
|---|---|
| RoNW | 33.71% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 84.91% | 50.94% |
| Market Cap | ₹74.00 Cr. |
The Indo Thai Securities IPO is subscribed 1.18 times on October 5, 2011 5:00:00 PM (Day 4). The public issue subscribed 3.35 times in the retail category, 0 times in the QIB category, and 0.02 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 0 | 20,00,000 | |
| NII | 0.02 | 6,00,000 | |
| Retail | 3.35 | 14,00,000 | |
| Total | 1.18 | 40,00,000 |
CARE has assigned an IPO Grade 2 to Indo Thai Securities IPO. This means as per CARE, company has 'Below Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Indo Thai Securities IPO Report
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹74.00 | ₹74.00 |
| Open | ₹75.00 | ₹76.00 |
| Low | ₹18.10 | ₹18.85 |
| High | ₹99.10 | ₹98.90 |
| Last Trade | ₹23.00 | ₹23.15 |
Lead Manager Reports
Indo Thai Securities IPO is a main-board IPO of 40,00,000 equity shares of the face value of ₹10 aggregating up to ₹30 Crores. The issue is priced at ₹74 per share. The minimum order quantity is 80.
The IPO opens on Fri, Sep 30, 2011, and closes on Wed, Oct 5, 2011.
Sharepro Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Indo Thai Securities IPO using UPI as a payment gateway. Zerodha customers can apply in Indo Thai Securities IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Indo Thai Securities IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Indo Thai Securities IPO opens on Fri, Sep 30, 2011 and closes on Wed, Oct 5, 2011.
Indo Thai Securities IPO lot size is 80, and the minimum amount required for application is ₹5,920.
You can apply in Indo Thai 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 Indo Thai Securities IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Indo Thai Securities IPO allotment status.
The Indo Thai Securities IPO listing date is on Wed, Nov 2, 2011.
