Indo Thai Securities Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,000,000 (50%) | — | ₹1,680 Cr |
| NII (HNI) | — | 600,000 (15%) | — | ₹504 Cr |
| Retail | — | 1,400,000 (35%) | — | ₹1,176 Cr |
| Σ Total | — | 4,000,000 (100%) | — | ₹33,600 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 | 80 | ₹6,720 |
| Retail (Max) | 13 | 1,040 | ₹87,360 |
| S-HNI (Min) | 14 | 1,120 | ₹94,080 |
| B-HNI (Min) | 67 | 5,360 | ₹450,240 |
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 Expansion and upgradation of our Existing Branches and Set up Network of Branches – 2.00
- 2 Purchase of Office space for Mumbai regional office – 4.00
- 3 Purchase & set up of Office space for Corporate office – 4.00
- 4 Brand Building & Advertising – 3.00
- 5 Augmenting Long Term Working capital requirements – 10.00
- 6 General Corporate Purpose – 4.94
- 7 Public Issue Expense – 1.66
Company Overview
Incorporated in 1995, Indo Thai Securities is an India based Stock Broking Company providing trading services in Indian Equity Market (BSE and NSE), Future & Options and Currency Derivatives Segments. The parent group of Indi Thai Securities is Indo Thai group which has 13 financial companies under its umbrella. Company also provides depository services through Central Depository Services (India) Limited. Other services offered by Indo Thai Securities includes Mutual Fund Service System (MFSS) & Interest Rate Futures (IRF) from NSE.
Company targets net worth individuals and retail investors across India for its services. Company operates its business from Indore, MP and business from more than 60 locations across 6 States of India including 14 branches in all over India.