Pune E-Stock Broking Limited IPO GMP with Details: Pune E-Stock Broking IPO is a book-built issue of Rs 38.23 crores. The issue is entirely a fresh issue of 46.06 lakh shares.
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Pune E-Stock Broking Limited IPO GMP with Details
Pune E-Stock Broking IPO opens for subscription on March 7, 2024, and closes on March 12, 2024. The allotment for the Pune E-Stock Broking IPO is expected to be finalized on Wednesday, March 13, 2024. Pune E-Stock Broking IPO will list on BSE SME with tentative listing date fixed as Friday, March 15, 2024.
Pune E-Stock Broking IPO price band is set at ₹78 to ₹83 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹132,800. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹265,600.
Pune E-Stock Broking Limited IPO GMP Live Rates Day by day
| Date | IPO GMP | Subject to |
| Today | ₹80 | ₹100,000 |
| 5 March | ₹80 | ₹100,000 |
| 4 March | ₹80 | ₹100,000 |
| 3 March | ₹80 | ₹100,000 |
| 1 March | ₹80 | ₹100,000 |
| 29 February | ₹70 | ₹80,000 |
| 28 February | ₹- | ₹- |
| 27 February | ₹- | ₹- |
Overview of Pune E-Stock Broking Limited IPO GMP with Details
| IPO Date | March 7, 2024, to March 12, 2024 |
| Listing Date | Friday, March 15, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹78 to ₹83 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 4,606,400 shares (aggregating up to ₹38.23 Cr) |
| Fresh Issue | 4,606,400 shares (aggregating up to ₹38.23 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 11,044,458 |
| Shareholding post issue | 15,650,858 |
| Market Maker portion | 691,200 shares |
Timeline of Pune E-Stock Broking Limited IPO GMP with Details
Pune E-Stock Broking IPO opens on March 7, 2024, and closes on March 12, 2024.
| IPO Open Date | Thursday, March 7, 2024 |
| IPO Close Date | Tuesday, March 12, 2024 |
| Basis of Allotment | Wednesday, March 13, 2024 |
| Initiation of Refunds | Thursday, March 14, 2024 |
| Credit of Shares to Demat | Thursday, March 14, 2024 |
| Listing Date | Friday, March 15, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 12, 2024 |
Pune E-Stock Broking Limited IPO Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹132,800 |
| Retail (Max) | 1 | 1600 | ₹132,800 |
| HNI (Min) | 2 | 3,200 | ₹265,600 |
Pune E-Stock Broking Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Anchor Investors Details of Pune E-Stock Broking Limited IPO GMP with Details
Pune E-Stock Broking IPO raises Rs 9.73 crore from anchor investors. Pune E-Stock Broking IPO Anchor bid date is March 6, 2024. Pune E-Stock Broking IPO Anchor Investors list
| Bid Date | March 6, 2024 |
| Shares Offered | 1,172,800 |
| Anchor Portion Size (In Cr.) | 9.73 |
| Anchor lock-in period end date for 50% shares (30 Days) | April 12, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | June 11, 2024 |
Pune E-Stock Broking Limited IPO Promoter Holding
Mr. Vrajesh Krishnakumar Shah, Mr. Devendra Ramchandra Ghodnadikar, Mr. Vrajesh Navnitbhai Shah, Mr. Sandip Sunderlal Shah, Mr. Paresh Sunderlal Shah, and Daidipya Ghodnadikar are the promoters of the company.
| Share Holding Pre-Issue | 72.75% |
| Share Holding Post Issue | 51.34% |
About Pune E-Stock Broking Limited
Incorporated in 2007, Pune E-Stock Broking Limited (PESB) is a corporate broking house. The company offers.
- Client Broking: where users can invest or trade in shares via PESB’s platform, receiving real-time quotes, easy execution via mobile app, website or call, the latest market news and updates, and the service of support staff.
- Depository facility: The company also offers a depository facility to Equity trading clients as part of an integrated service offering through CDSL. The company has a client base of 23,155 active clients in its Depository.
- Mutual funds: The company offers various mutual fund investment options in equity, debt, and hybrid funds.
- Corporate Deposits: Investors can make corporate deposits directly through the company’s website or use the convenience of online investment platforms or brokers to facilitate their investments.
- Currency trading services: The company offers foreign exchange trading through multiple trading channels, creating unique investment opportunities and limitless creativity for hedging, speculation, and portfolio diversification.
The company offers its services via its web-based trading platform Aero and its mobile trading app. Users can manage their investments, keep up to date with market trends, and make trades on the go.
As of March 2023, the company had a total of 60,640 customers, including authorized persons (spread across more than 10 cities) and direct customers, and has two branches in Ahmedabad and Delhi.
In FY 2023, the company has 79 employees, including directors and KMP, administrative/managerial staff, and unskilled workers.
Financial Information for Pune E-Stock Broking Limited IPO GMP with Details
Pune E-Stock Broking Limited’s revenue decreased by -12.06% and profit after tax (PAT) dropped by -4.69% between the financial year ending with March 31, 2023, and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 22,224.76 | 15,801.00 | 16,314.24 | 13,288.68 |
| Revenue | 3,010.80 | 4,103.10 | 4,665.70 | 3,474.64 |
| Profit After Tax | 610.67 | 964.52 | 1,012.03 | 650.48 |
| Net Worth | 8,259.66 | 7,654.66 | 6,754.55 | 5,806.65 |
| Reserves and Surplus | 7,155.22 | 6,918.36 | 6,018.26 | 5,070.35 |
| Total Borrowing | 826.19 | 1,853.74 | 1,640.17 | 1,195.00 |
| Amount in ₹ Lakhs. | ||||
FAQs for Pune E-Stock Broking Limited IPO
What is Pune E-Stock Broking Limited IPO GMP Today?
The Pune E-Stock Broking Limited IPO GMP (Grey Market Premium) is ₹80.
Pune E-Stock Broking Limited IPO Expected Returns?
The Pune E-Stock Broking Limited IPO expected return is 96%.
Can Apply or Avoid for Pune E-Stock Broking Limited IPO ?
Yes, We can Apply for Pune E-Stock Broking Limited IPO .
How to apply for Pune E-Stock Broking IPO?
You can apply in Pune E-Stock Broking IPO online using either UPI or ASBA as 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 apply IPO online through Angel One, Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Pune E-Stock Broking IPO allotment?
The finalization of Basis of Allotment for Pune E-Stock Broking IPO will be done on Wednesday, March 13, 2024, and the allotted shares will be credited to your demat account by Thursday, March 14, 2024. Check the Pune E-Stock Broking IPO allotment status.
When is Pune E-Stock Broking IPO listing date?
The Pune E-Stock Broking IPO listing date is not yet announced. The tentative date of Pune E-Stock Broking IPO listing is Friday, March 15, 2024.
