IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,500,000 (47%) | — | ₹250 Cr |
| Retail | — | 2,500,000 (47%) | — | ₹250 Cr |
| Market Maker | — | 350,000 (7%) | — | ₹4 Cr |
| Σ Total | — | 5,350,000 (100%) | — | ₹5,350 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 | 10,000 | ₹100,000 |
| Retail (Max) | 13 | 130,000 | ₹1,300,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,400,000 |
| B-HNI (Min) | 67 | 670,000 | ₹6,700,000 |
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
- 1 Purchase and set up of Office Space for Registered Office – 3.50
- 2 To augment the capital base and provide for the fund requirements for increasing the operational scale with respect to the NBFC activities – 2.00
- 3 Issue related Expenses – 0.50
Company Overview
Incorporated in 1994, India Finsec Limited is engaged in the business of Financing, Inter Corporate Deposits, advancing Short term loans, Long term loans, credits to individuals & companies etc. Company also deals in stocks, shares and securities.
The primary business of the company is to provide Margin Funding to the clients for purchase of securities, Loan against Shares and Trading in Shares & Securities. The company is registered as a Non-deposit taking Non-Banking Finance Company with RBI.