Naysaa Securities IPO Details

Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Fri, Sep 5, 2014 - Fri, Sep 12, 2014

Naysaa Securities IPO Logo

Naysaa Securities IPO is a fixed price issue of ₹1.50 crores. The issue is entirely a fresh issue of 0.10 crore shares of ₹1.50 crore.

Naysaa Securities IPO bidding started from Sep 5, 2014 and ended on Sep 12, 2014. The shares got listed on BSE SME on Sep 25, 2014.

Naysaa 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 Alacrity Securities Ltd..

Refer to Naysaa Securities IPO RHP for detailed Information.

IPO Open

Fri, Sep 5, 2014

IPO Close

Fri, Sep 12, 2014

Issue Price

₹15 per share

Market Cap (Pre-IPO)

₹5.22 Cr

IPO Details

IPO Date5 to 12 Sep, 2014
Listed onThu, Sep 25, 2014
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 Size10,00,000 shares
(agg. up to ₹2 Cr)
Reserved for Market Maker
56,000 shares
(agg. up to ₹0.0840 Cr)
Alacrity Securities Ltd.
Fresh Issue
(Ex Market Maker)
9,44,000 shares
(agg. up to ₹1 Cr)
Net Offered to Public9,44,000 shares
(agg. up to ₹1 Cr)
Share Holding Pre Issue24,76,750 shares
Share Holding Post Issue34,76,750 shares
BSE Script Code 538668
ISININE898Q01015

IPO Timetable

Issue Reservation

Naysaa Securities IPO comprises a total issue size of 10,00,000 shares. The net offer to the public is 9,44,000 shares, after excluding 56,000 shares allotted on a firm basis. Of the Net offer 4,72,000 (50.00%) allocated to NII 4,72,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 4,72,00050.00%47.20%
Retail Shares Offered 4,72,00050.00%47.20%
Firm Reservations
Market Maker Shares Offered 56,0005.60%
Total Shares Offered 10,00,000100.00%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 Naysaa Securities Ltd.

Incorporated in , Naysaa Securities Ltd (NSL) are a diversified financial services company in India offering a wide range of products & services covering equity broking and equity derivatives to all kinds of investors viz. retail, high net worth individuals and corporate.

Naysaa Securities Ltd (NSL) is offering wide range of products & services covering equity broking and F&O to all kinds of investors viz. Retail, high net worth individuals and corporate. NSL is a member of Capital Market Segment & Trading Member of Futures & Options Segment of BSE Ltd and has applied for trading membership of National Stock Exchange of India Limited.

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 0.51
2 Enhancement of margin money maintained with the exchanges 0.50
3 General corporate purposes 0.09

Key Performance Indicator (KPI)

KPI
RoNW0.29%
Pre IPOPost IPO
Promoter Holding65.75%46.83%
Market Cap5.22 Cr.
The promoters of the company are:1. Mr. Jayantilal Hansraj Lodha
2. Mr. Vikram Jayantilal Lodha

IPO Review

[Dilip Davda]
  Remark: Avoid this costly and risky bet that also has entry barrier.
Read detail review...

Naysaa 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 expenses. 0.30
2 Printing & Stationery, Distribution, Postage, etc 0.04
3 Advertisement & Marketing Expenses 0.02
4 Regulatory & other expenses 0.04

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price15.00
Open14.25
Low14.25
High15.70
Last Trade14.65

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Naysaa Securities Ltd. Address
102/104, Shivam Chambers,
S.V. Road,
Goregaon (W),
Mumbai, Maharashtra, 400062
Open an Instant Account with Zerodha

IPO FAQs

Naysaa Securities IPO is a SME IPO of 10,00,000 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000.

The IPO opens on Fri, Sep 5, 2014, and closes on Fri, Sep 12, 2014.

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

Steps to apply in Naysaa 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 'Naysaa 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 Naysaa Securities IPO opens on Fri, Sep 5, 2014 and closes on Fri, Sep 12, 2014.

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

You can apply in Naysaa 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 Naysaa Securities IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Naysaa Securities IPO allotment status.

The Naysaa Securities IPO listing date is on Thu, Sep 25, 2014.

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