Escorp Asset Management Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,024,000 (47%) | — | ₹154 Cr |
| Retail | — | 1,024,000 (47%) | — | ₹154 Cr |
| Market Maker | — | 112,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 2,160,000 (100%) | — | ₹3,240 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 8,000 | ₹120,000 |
| Retail (Max) | 13 | 104,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 112,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 536,000 | ₹8,040,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment of Loans – 2.65
- General Corporate Expenses – 0.18
Company Overview
Incorporated in 2011, Escorp Asset Management Ltd (EAML) is a subsidiary of Aryaman Financial group, engaged in providing portfolio management services and/or managing funds. It serves high net worth individuals, family offices, and corporates.
The company offers institutional fund management and advisory, financial planning and other personal financial advisory, personal tax planning and advisory, corporate treasury advisory, investment advisory, and research advisory services. Further the company proposes to provide professional global standard services in fields of financial planning and tax advisory; which according to Escorp are being serviced currently in India in a highly unorganized manner.