Fixed Price IPO | ₹5 Cr | Listed at BSE SME | Mon, Oct 7, 2013 - Mon, Oct 14, 2013
S R G Securities Finance IPO is a fixed price issue of ₹5.02 crores. The issue is entirely a fresh issue of 0.25 crore shares of ₹5.02 crore.
S R G Securities Finance IPO bidding started from Oct 7, 2013 and ended on Oct 14, 2013. The shares got listed on BSE SME on Oct 29, 2013.
S R G Securities Finance IPO price is ₹20 per share. The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (6000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (12,000 shares), amounting to ₹2,40,000.
Aryaman Financial Services Ltd. is the book running lead manager and Sharex Dynamic (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is ISJ Securities Pvt.Ltd..
Refer to S R G Securities Finance IPO RHP for detailed Information.
IPO Open
Mon, Oct 7, 2013
IPO Close
Mon, Oct 14, 2013
Issue Price
₹20 per share
Market Cap (Pre-IPO)
₹7.75 Cr
| IPO Date | 7 to 14 Oct, 2013 |
| Listed on | Tue, Oct 29, 2013 |
| Face Value | ₹10 per share |
| Issue Price | ₹20 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 25,08,000 shares (agg. up to ₹5 Cr) |
| Reserved for Market Maker | 1,38,000 shares ISJ Securities Pvt.Ltd. (agg. up to ₹0.2760 Cr) |
| Reserved for Private Promoter | 3,90,000 shares (agg. up to ₹0.7800 Cr) |
| Fresh Issue (Ex Market Maker) | 19,80,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 19,80,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 13,67,400 shares |
| Share Holding Post Issue | 38,75,400 shares |
| BSE Script Code | 536710 |
| ISIN | INE326P01 |
S R G Securities Finance IPO comprises a total issue size of 21,18,000 shares. The net offer to the public is 15,90,000 shares, after excluding 5,28,000 shares allotted on a firm basis. Of the Net offer 9,90,000 (50.00%) allocated to NII 9,90,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 9,90,000 | 50.00% | 46.74% |
| Retail Shares Offered | 9,90,000 | 50.00% | 46.74% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,38,000 | 6.52% | |
| Private Promoter Shares Offered | 3,90,000 | 18.41% | |
| Total Shares Offered | 21,18,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 6,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹1,20,000 |
| Retail (Max) | 1 | 6,000 | ₹1,20,000 |
| HNI (Min) | 2 | 12,000 | ₹2,40,000 |
Incorporated in 1995, SRG Securities Finance Ltd is a Non Deposit taking Non-systemically Important Non Banking Finance Company (NBFC-ND-NSI) engaged primarily in the business of Asset Financing by offering:
1. Business Loans
2. Equipment and Machinery Loan / Loan against Equipment and Machinery
3. Vehicle Loans / Loans against Vehicle
They provide financial Assistance for purchase of infrastructure, mining and construction Equipments and Machinery, Heavy and other Transport Vehicles, Business Loans and other loan products to various companies, firms and even to Individual business owners engaged in mining, construction and transportation, and big & small businessmen.
| 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 augment the capital base and provide for the fund requirements for increasing the operational scale with respect to the NBFC activities | 4.50 |
| KPI | |
|---|---|
| RoNW | 9.51% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 93.69% | 43.12% |
| Market Cap | ₹7.75 Cr. |
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.
| # | 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. | 0.40 |
| 2 | Printing & Stationery, Distribution, Postage, etc. | 0.04 |
| 3 | Advertisement and Marketing Expenses | 0.04 |
| 4 | Regulatory and other Expenses | 0.04 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹20.00 |
| Open | ₹23.90 |
| Low | ₹22.75 |
| High | ₹25.05 |
| Last Trade | ₹24.25 |
Lead Manager Reports
S R G Securities Finance IPO is a SME IPO of 25,08,000 equity shares of the face value of ₹10 aggregating up to ₹5 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000.
The IPO opens on Mon, Oct 7, 2013, and closes on Mon, Oct 14, 2013.
Sharex Dynamic (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in S R G Securities Finance IPO using UPI as a payment gateway. Zerodha customers can apply in S R G Securities Finance IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in S R G Securities Finance IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The S R G Securities Finance IPO opens on Mon, Oct 7, 2013 and closes on Mon, Oct 14, 2013.
S R G Securities Finance IPO lot size is 6000, and the minimum amount required for application is ₹1,20,000.
You can apply in S R G Securities Finance 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 S R G Securities Finance IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the S R G Securities Finance IPO allotment status.
The S R G Securities Finance IPO listing date is on Tue, Oct 29, 2013.
