East India Securities Ltd IPO
BSE SMERs 1,47,200 / 160 Shares
East India Securities Ltd IPO Details
The East India Securities Ltd IPO price band is set between Rs 920 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Cameo Corporate Services Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 5 Mar, 2018 and closes on 7 Mar, 2018. Investors can check the allotment status on 11 Mar, 2018, while the listing date is tentatively scheduled for 13 Mar, 2018.
The total issue size is 10,08,000 Equity Shares of Rs 10/- each at a price of 920/- per share aggregating to 92.74 Cr , aggregating up to . Stay tuned for the latest East India Securities Ltd IPO review and GMP updates.
East India Securities Ltd IPO Review, Rating & Analysis
East India Securities Ltd IPO Review
NO REVIEWEast India Securities Ltd IPO Rating
East India Securities Ltd IPO Highlights
IPO Date
Mar 5, 2018 - Mar 7, 2018
Listing Date
13 Mar, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 920 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
East India Securities Ltd IPO Lot Size
The minimum market lot for East India Securities Ltd IPO is 160 shares with an application amount of ₹1,47,200. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 160 | ₹1,47,200 |
| Retail (Max) | 1 | 160 | ₹1,47,200 |
| S-HNI (Min) | 2 | 320 | ₹2,94,400 |
| S-HNI (Max) | 6 | 960 | ₹8,83,200 |
| B-HNI (Min) | 7 | 1120 | ₹10,30,400 |
East India Securities Ltd IPO Timeline
Issue Price
Rs 920 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
BSE SMERegistrar
Cameo Corporate Services LimitedLead Manager
Finshore Management Services LimitedIssue Size
10,08,000 Equity Shares of Rs 10/- each at a price of 920/- per share aggregating to 92.74 Cr ( OFS )Promoters & Share Holding
Promoter(s) Name
- Mr Vivek Agarwal
- Mr Lakshmendra Kumar Agarwal
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
East India Securities Ltd IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 4,78,720 | 4,78,880 | 9,57,600 |
Day 1 -05-03-18 | 1,76,640 0.37 x | 2880 0.01 x | 1,79,520 0.19 x |
Day 2 -06-03-18 | 13,00,320 2.72 x | 16,960 0.04 x | 13,17,280 1.38 x |
Day 3 -07-03-18 13:30 PM | 15,76,000 3.29 x | 91,360 0.19 x | 16,67,360 1.74 x |
Frequently Asked Questions about East India Securities Ltd IPO IPO
When will East India Securities Ltd IPO open for subscription?
The East India Securities Ltd IPO opens on 5 Mar, 2018 and closes on 7 Mar, 2018.
What is the investors portion for East India Securities Ltd IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 478880.
How to apply for East India Securities Ltd IPO?
You can apply for East India Securities Ltd IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of East India Securities Ltd IPO?
The issue size of East India Securities Ltd IPO is approx ₹10,08,000 Equity Shares of Rs 10/- each at a price of 920/- per share aggregating to 92.74 Cr ( OFS ) crores.
What is the price band of East India Securities Ltd IPO?
The price band for East India Securities Ltd IPO is Rs 920 Per Equity Share to ₹undefined.
What is the lot size of East India Securities Ltd IPO?
The minimum bid (lot size) for East India Securities Ltd IPO is 160 shares with an investment of approx Rs 1,47,200 .
What is the allotment date of East India Securities Ltd IPO?
The allotment date for East India Securities Ltd IPO is 11 Mar, 2018.
What is the listing date of East India Securities Ltd IPO?
The listing date for East India Securities Ltd IPO is expected to be 13 Mar, 2018.
What is the GMP of East India Securities Ltd IPO?
The latest Grey Market Premium (GMP) for East India Securities Ltd IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
