Fixed Price IPO | ₹30 Cr | Listed at NSE SME | Wed, Nov 1, 2017 - Fri, Nov 3, 2017
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 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 Open
Wed, Nov 1, 2017
IPO Close
Fri, Nov 3, 2017
Issue Price
₹205 per share
Market Cap (Pre-IPO)
₹100.21 Cr
| IPO Date | 1 to 3 Nov, 2017 |
| Listed on | Mon, Nov 13, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹205 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 14,67,000 shares (agg. up to ₹30 Cr) |
| Reserved for Market Maker | 75,000 shares Alacrity Securities Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 13,92,000 shares (agg. up to ₹29 Cr) |
| Net Offered to Public | 13,92,000 shares (agg. up to ₹29 Cr) |
| Share Holding Pre Issue | 34,21,425 shares |
| Share Holding Post Issue | 48,88,425 shares |
| NSE Symbol | SECURCRED |
| ISIN | INE195Y01010 |
SecUR Credentials IPO comprises a total issue size of 14,67,000 shares. The net offer to the public is 13,92,000 shares, after excluding 75,000 shares allotted on a firm basis. Of the Net offer 6,96,000 (50.00%) allocated to NII 6,96,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 6,96,000 | 50.00% | 47.44% |
| Retail Shares Offered | 6,96,000 | 50.00% | 47.44% |
| Firm Reservations | |||
| Market Maker Shares Offered | 75,000 | 5.11% | |
| Total Shares Offered | 14,67,000 | 100.00% | 100.00% |
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.
| 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 | 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 |
The SecUR Credentials IPO is subscribed [.] times on November 3, 2017 5:00:00 PM (Day 3). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including, underwriting and selling commissions, brokerages, Advisors to the Company, payment to other intermediaries such as Legal Advisors, Registrars etc. and other out of pocket expenses. | 1.02 |
| 2 | Advertising and marketing expenses | 0.16 |
| 3 | Printing and stationery expenses, distribution and postage | 0.03 |
| 4 | Regulatory and other expenses including Listing Fee | 0.05 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹205.00 |
| Open | ₹208.00 |
| Low | ₹195.00 |
| High | ₹219.80 |
| Last Trade | ₹198.60 |
Lead Manager Reports
SecUR Credentials IPO is a SME IPO of 14,67,000 equity shares of the face value of ₹10 aggregating up to ₹30 Crores. The issue is priced at ₹205 per share. The minimum order quantity is .
The IPO opens on Wed, Nov 1, 2017, and closes on Fri, Nov 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 Wed, Nov 1, 2017 and closes on Fri, Nov 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 Mon, Nov 13, 2017.
