Fixed Price IPO | ₹9 Cr | Listed at BSE SME | Tue, Oct 15, 2013 - Fri, Oct 18, 2013
Stellar Capital IPO is a fixed price issue of ₹9.01 crores. The issue is entirely a fresh issue of 0.45 crore shares of ₹9.01 crore.
Stellar Capital IPO bidding started from Oct 15, 2013 and ended on Oct 18, 2013. The shares got listed on BSE SME on Nov 1, 2013.
Stellar Capital 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 Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is MSB E-Trade Securities Ltd..
Refer to Stellar Capital IPO RHP for detailed Information.
IPO Open
Tue, Oct 15, 2013
IPO Close
Fri, Oct 18, 2013
Issue Price
₹20 per share
Market Cap (Pre-IPO)
₹33.11 Cr
| IPO Date | 15 to 18 Oct, 2013 |
| Listed on | Fri, Nov 1, 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 | 45,06,000 shares (agg. up to ₹9 Cr) |
| Reserved for Market Maker | 2,46,000 shares MSB E-Trade Securities Ltd. (agg. up to ₹0.4920 Cr) |
| Fresh Issue (Ex Market Maker) | 42,60,000 shares (agg. up to ₹9 Cr) |
| Net Offered to Public | 42,60,000 shares (agg. up to ₹9 Cr) |
| Share Holding Pre Issue | 1,20,55,500 shares |
| Share Holding Post Issue | 1,65,55,500 shares |
| BSE Script Code | 536738 |
| ISIN | INE325P01011 |
Stellar Capital IPO comprises a total issue size of 45,00,000 shares. The net offer to the public is 42,54,000 shares, after excluding 2,46,000 shares allotted on a firm basis. Of the Net offer 21,24,000 (49.93%) allocated to NII 21,30,000 (50.07%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 21,24,000 | 49.93% | 47.20% |
| Retail Shares Offered | 21,30,000 | 50.07% | 47.33% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,46,000 | 5.47% | |
| Total Shares Offered | 45,00,000 | 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 1994, Stellar Capital Services Ltd is Non deposit taking Non systemically important Non banking finance company (NBFC-ND-NSI) engaged primarily in the business of advancing loans and investing/trading in securities. Company is a NBFC registered with RBI to carry on NBFC Activities under Section 45(IA) of the Reserve Bank of India Act, 1934.
Company is raising fund for acquire offices on rent / lease in Kolkata and Jaipur. On 31.3.11 and 31.3.12 it made preferential issue of 379900 and 168800 equity shares respectively at a price of Rs. 500 per share and on 31.3.13 it issued bonus shares in the ratio of 14 shares for every 1 share held. Post issue the equity will rise to Rs. 16.56 crore.
| 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 | Acquire offices on rent / lease in Kolkata and Jaipur | 0.20 |
| 2 | To augment the capital base and provide for the fund requirements for increasing the operational scale with respect to the NBFC activities | 8.20 |
| 3 | Issue related Expenses | 0.60 |
| KPI | |
|---|---|
| RoNW | 0.36% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 36.46% | 26.55% |
| Market Cap | ₹33.11 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. | 0.46 |
| 2 | Printing & Stationery, Distribution, Postage, etc. | 0.06 |
| 3 | Advertisement and Marketing Expenses | 0.04 |
| 4 | Regulatory and other Expenses | 0.04 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹20.00 |
| Open | ₹20.10 |
| Low | ₹19.10 |
| High | ₹20.10 |
| Last Trade | ₹19.10 |
Lead Manager Reports
Stellar Capital IPO is a SME IPO of 45,06,000 equity shares of the face value of ₹10 aggregating up to ₹9 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000.
The IPO opens on Tue, Oct 15, 2013, and closes on Fri, Oct 18, 2013.
Skyline Financial 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 Stellar Capital IPO using UPI as a payment gateway. Zerodha customers can apply in Stellar Capital IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Stellar Capital IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Stellar Capital IPO opens on Tue, Oct 15, 2013 and closes on Fri, Oct 18, 2013.
Stellar Capital IPO lot size is 6000, and the minimum amount required for application is ₹1,20,000.
You can apply in Stellar Capital 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 Stellar Capital IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Stellar Capital IPO allotment status.
The Stellar Capital IPO listing date is on Fri, Nov 1, 2013.
