Fixed Price IPO | ₹15 Cr | Listing at BSE | Mon, Apr 17, 2006 - Fri, Apr 21, 2006 P
JRG Securities IPO is a fixed issue price of ₹14.50 crores. The issue is entirely a fresh issue of 0.36 crore shares of ₹14.50 crore.
JRG Securities IPO bidding started from Apr 17, 2006 and ended on Apr 21, 2006. The shares got listed on BSE on May 18, 2025.
JRG Securities IPO is set final issue price at ₹40 per share.
Keynote Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to for detailed Information.
IPO Open
Mon, Apr 17, 2006
IPO Close
Fri, Apr 21, 2006
Issue Price
₹40 per share
Market Cap (Pre-IPO)
₹51.16 Cr
| IPO Date | 17 to 21 Apr, 2006 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price | ₹40 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE |
| Total Issue Size | 36,25,000 shares (agg. up to ₹15 Cr) |
| Fresh Issue | 36,25,000 shares (agg. up to ₹15 Cr) |
| Share Holding Pre Issue | 91,65,000 shares |
| Share Holding Post Issue | 1,27,90,000 shares |
JRG Securities IPO comprises a total issue size of 36,25,000 shares. The net offer to the public is 31,97,500 shares, after excluding 4,27,500 shares under a preferential allotment. Of the Net offer 15,98,750 (50.00%) allocated to NII 15,98,750 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 15,98,750 | 50.00% | 44.10% |
| Retail Shares Offered | 15,98,750 | 50.00% | 44.10% |
| Preferential Reservations | |||
| Other Shares Offered | 4,27,500 | 11.79% | |
| Total Shares Offered | 36,25,000 | 100.00% | 100.00% |
Incorporated in 1990, JRG Securities Limited is engaged in stock and commodity broking, wealth management, insurance services, and other financial solutions for retail and institutional clients.
It expanded its presence across India and also had operations in the Middle East.
The company currenty operates out of a network of 310 trading centres throughout India, with all activities co-ordinated from their headquarters in Kochi.
Operations:
As of September 30 2005, the company employed 380 people.
Competitive Strengths:
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Total Income | 10.05 | 6.41 | 2.47 |
| Profit After Tax | 1.48 | 0.09 | -0.40 |
| NET Worth | 3.63 | 2.52 | 2.55 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Technology upgradation | 1.60 |
| 2 | Establishment of 30 new regional offices | 6.00 |
| 3 | Investment in Middle East Operations | 5.60 |
| 4 | Public Issue Expenses | 1.30 |
| Total | 14.50 |
| KPI | Mar 31, 2005 |
|---|---|
| RoNW | 40.78 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 1.61 | 1.16 |
| P/E (x) | 24.78 | 34.58 |
| Promoter Holding | 100% | 71.66% |
| Market Cap | ₹51.16 Cr. |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees to the intermediaries (including Lead Manager & Registrar to the issue) | 0.30 |
| 2 | Advertising & Marketing expenses | 0.50 |
| 3 | Printing, Stationary, Dispatch | 0.20 |
| 4 | Miscellaneous | 0.30 |
| Total | 1.30 |
Lead Manager Reports
JRG Securities IPO is a main-board IPO of 36,25,000 equity shares of the face value of ₹10 aggregating up to ₹15 Crores. The issue is priced at ₹40 per share. The minimum order quantity is .
The IPO opens on Mon, Apr 17, 2006, and closes on Fri, Apr 21, 2006.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in JRG Securities IPO using UPI as a payment gateway. Zerodha customers can apply in JRG Securities IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in JRG Securities IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The JRG Securities IPO opens on Mon, Apr 17, 2006 and closes on Fri, Apr 21, 2006.
JRG Securities IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in JRG 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 JRG Securities IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the JRG Securities IPO allotment status.
The JRG Securities IPO listing date is not yet announced. The tentative date of listing is .
