Fixed Price IPO | ₹15 Cr | Listed at BSE SME | Fri, Sep 18, 2020 - Wed, Sep 23, 2020
SecMark Consultancy IPO is a fixed price issue of ₹15.04 crores. The issue is entirely a fresh issue of 0.11 crore shares of ₹15.04 crore.
SecMark Consultancy IPO bidding started from Sep 18, 2020 and ended on Sep 23, 2020. The allotment for SecMark Consultancy IPO was finalized on Sep 28, 2020. The shares got listed on BSE SME on Oct 1, 2020.
SecMark Consultancy IPO price is ₹135 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹1,35,000 (1000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,000 shares), amounting to ₹2,70,000.
Indorient Financial Services 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 Vijeta Broking India Pvt.Ltd..
Refer to SecMark Consultancy IPO RHP for detailed Information.
IPO Open
Fri, Sep 18, 2020
IPO Close
Wed, Sep 23, 2020
Issue Price
₹135 per share
Market Cap (Pre-IPO)
₹55.67 Cr
| IPO Date | 18 to 23 Sep, 2020 |
| Listed on | Thu, Oct 1, 2020 |
| Face Value | ₹10 per share |
| Issue Price | ₹135 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 11,14,000 shares (agg. up to ₹15 Cr) |
| Reserved for Market Maker | 56,000 shares Vijeta Broking India Pvt.Ltd. (agg. up to ₹0.7560 Cr) |
| Fresh Issue (Ex Market Maker) | 10,58,000 shares (agg. up to ₹14 Cr) |
| Net Offered to Public | 10,58,000 shares (agg. up to ₹14 Cr) |
| Share Holding Pre Issue | 30,10,000 shares |
| Share Holding Post Issue | 41,24,000 shares |
| BSE Script Code | 543234 SECMARK |
| ISIN | INE0BTM01013 |
SecMark Consultancy IPO comprises a total issue size of 11,14,000 shares. The net offer to the public is 10,58,000 shares, after excluding 56,000 shares allotted on a firm basis. Of the Net offer 5,29,000 (50.00%) allocated to NII 5,29,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 5,29,000 | 50.00% | 47.49% |
| Retail Shares Offered | 5,29,000 | 50.00% | 47.49% |
| Firm Reservations | |||
| Market Maker Shares Offered | 56,000 | 5.03% | |
| Total Shares Offered | 11,14,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,35,000 |
| Retail (Max) | 1 | 1,000 | ₹1,35,000 |
| HNI (Min) | 2 | 2,000 | ₹2,70,000 |
Incorporated in 2011, SecMark Consultancy Ltd is a Mumbai-based financial service company. It is a one-stop-shop that offers multiple services in the area of setting up a business to regulatory registration, software development, compliance, outsourcing, risk management, taxation, and legal matters.
In FY 2019-20, company has serviced more than 200 clients including stock and commodity brokers, depository participants, investment advisors, research analysts, wealth managers, stock exchanges, corporate agents, insurance brokers, banks, NBFCs, etc. are the key corporate clients of SecMark Consultancy. Angel One, 5paisa Capital Ltd, BSE Limited, A.K. Capital Services Ltd, ICICI Securities Ltd, TCS Ltd, Zerodha Investment Advisors LLP, etc. are few of the names of SecMark client base.
Company has nationwide footprints through local representatives at New Delhi, Indore, Ahmedabad, Jaipur, Chandigarh, Bangalore, Raipur, and others.
Competitive Strength
• Large client base
• Diversified products & service portfolio
• Highly qualified and experienced team
| 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 | To finance development and/or procurement of technology, applications, software, infrastructure etc. including strategic acquisitions of Firms/Companies in the technology space to complement and enhance our Company’s value proposition | 4.60 |
| 2 | To expand and retain our Leadership team that will lead the Company into the next phase of growth | 3.00 |
| 3 | To acquire / rent assets | 1.50 |
| 4 | Repayment of bank facilities | 1.50 |
| 5 | General corporate purposes | 3.40 |
The SecMark SME IPO is subscribed 1.24 times on September 23, 2020 6:48:04 PM (Day 4). The public issue subscribed 1.35 times in the retail category, [.] times in the QIB category, and 1.12 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.12 | 5,57,000 | 6,26,000 |
| Retail | 1.35 | 5,57,000 | 7,50,000 |
| Total | 1.24 | 11,14,000 | 13,76,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to the Lead Manager (including underwriting fees, brokerage and selling commission) | 0.63 |
| 2 | Commission and processing fees for SCSBs | 0.02 |
| 3 | Brokerage and selling commission for members of the Syndicate, Registered Brokers RTAs, bidding charges and CDPs | 0.02 |
| 4 | Fees payable to Registrar to the Issue | 0.00 |
| 5 | Fees to the legal advisor, audit / chartered accountant fees | 0.05 |
| 6 | Advertising and marketing expenses | 0.22 |
| 7 | Fees payable to regulators including stock exchanges | 0.03 |
| 8 | Printing and distribution expenses | 0.06 |
| 9 | Others, if any (specify) |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹135.00 |
| Open | ₹134.00 |
| Low | ₹127.30 |
| High | ₹134.00 |
| Last Trade | ₹127.30 |
Lead Manager Reports
SecMark Consultancy IPO is a SME IPO of 11,14,000 equity shares of the face value of ₹10 aggregating up to ₹15 Crores. The issue is priced at ₹135 per share. The minimum order quantity is 1000.
The IPO opens on Fri, Sep 18, 2020, and closes on Wed, Sep 23, 2020.
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 SecMark Consultancy IPO using UPI as a payment gateway. Zerodha customers can apply in SecMark Consultancy IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SecMark Consultancy IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SecMark Consultancy IPO opens on Fri, Sep 18, 2020 and closes on Wed, Sep 23, 2020.
SecMark Consultancy IPO lot size is 1000, and the minimum amount required for application is ₹1,35,000.
You can apply in SecMark Consultancy 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 SecMark Consultancy IPO will be done on Monday, September 28, 2020, and the allotted shares will be credited to your demat account by Wed, Sep 30, 2020. Check the SecMark Consultancy IPO allotment status.
The SecMark Consultancy IPO listing date is on Thu, Oct 1, 2020.
