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SecUR Credentials IPO is a fixed price issue of ₹30.07 crores. The issue is entirely a fresh issue of 0.15 crore shares of ₹30.07 crore.
SecUR Credentials IPO bidding started from Nov 1, 2017 and ended on Nov 3, 2017. The shares got listed on NSE SME on Nov 13, 2017.
SecUR Credentials IPO price is ₹205.00 per share .
Inventure Merchant Banker Services Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Alacrity Securities Ltd..
Refer to SecUR Credentials IPO RHP for detailed Information.
| IPO Date | November 1, 2017 to November 3, 2017 |
| Listing Date | November 13, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹205 per share |
| Lot Size | |
| Sale Type | Fresh Capital |
| Total Issue Size | 14,67,000 shares (aggregating up to ₹30.07 Cr) |
| Reserved for Market Maker | 75,000 shares Alacrity Securities Ltd. (aggregating up to ₹1.54 Cr) |
| Net Offered to Public | 13,92,000 shares (aggregating up to ₹28.54 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 34,21,425 shares |
| Share Holding Post Issue | 48,88,425 shares |
SecUR Credentials IPO offers total 14,67,000 shares. Out of which 6,96,000 (47.44%) allocated to NII, 6,96,000 (47.44%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 75,000 (5.11%) |
| NII (HNI) Shares Offered | 6,96,000 (47.44%) |
| Retail Shares Offered | 6,96,000 (47.44%) |
| Total Shares Offered | 14,67,000 (100.00%) |
SecUR Credentials IPO opens on November 1, 2017, and closes on November 3, 2017.
| IPO Open Date | Wed, Nov 1, 2017 |
| IPO Close Date | Fri, Nov 3, 2017 |
| Tentative Listing Date | Mon, Nov 13, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Nov 3, 2017 |
SecUR Credentials Ltd is engaged in the business of Background Screening (also known as BGC - Background Check) and Due Diligen. They are one of the very few India-based BGC companies who provides end-to-end screening services to various corporates in the country.
They offers background screening services for organisations not just in India, but across the globe through their NAPBS connections and provided their service in countries such as US, UK, Philippines and Srilanka.
Company is headquartered in Andheri, Mumbai, with branch offices in Mumbai, Delhi, Bengaluru, Hyderabad and Chandigarh. They covers every PIN code of the country through their intricate hub and spoke model, which multiplies the geographies they cover through the the branch offices.
The Company SecUR Credentials IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Meeting Additional Working Capital Requirements | 9.00 |
| 2 | Expansion of Business Activities | 4.95 |
| 3 | Purchase of ―SYMPHONY 3.0‖ Software along with Database | 7.28 |
| 4 | Marketing and Brand Building | 5.02 |
| 5 | General Corporate Purposes | 2.58 |
[Dilip Davda] Company’s equity has shot up from mere Rs. 0.01 crore to Rs. 4.89 crore between April 2017 – August 2017. Jump in Q1 profits is surprising. Although issue is priced around 20 P/E based on Q1 working, its turnover/profit ratios are dramatic. Risk savvy cash surplus investors may consider investment for long term. (Other). Read detail review...
| Listing Date | November 13, 2017 |
| BSE Script Code | |
| NSE Symbol | SECURCRED |
| ISIN | INE195Y01010 |
| Final Issue Price | ₹205 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹205.00 |
| Open | ₹208.00 |
| Low | ₹195.00 |
| High | ₹219.80 |
| Last Trade | ₹198.60 |
SecUR Credentials Ltd.
A-303, Classique Centre,
off Mahakali Caves Road,
Andheri (East),
Mumbai, Maharashtra, 400093
Phone: +91 22 6173 7788
Email: complianceofficer@secur.co.in
Website: http://www.secur.co.in
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: Mumbai@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
SecUR Credentials IPO is a SME IPO of 14,67,000 equity shares of the face value of ₹10 aggregating up to ₹30.07 Crores. The issue is priced at ₹205 per share. The minimum order quantity is .
The IPO opens on November 1, 2017, and closes on November 3, 2017.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in SecUR Credentials IPO using UPI as a payment gateway. Zerodha customers can apply in SecUR Credentials IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SecUR Credentials IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SecUR Credentials IPO opens on November 1, 2017 and closes on November 3, 2017.
SecUR Credentials IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in SecUR Credentials 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 SecUR Credentials IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the SecUR Credentials IPO allotment status.
The SecUR Credentials IPO listing date is on Monday, November 13, 2017.
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