SecMark Consultancy Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 529,000 (47%) | — | ₹714 Cr |
| Retail | — | 529,000 (47%) | — | ₹714 Cr |
| Market Maker | — | 56,000 (5%) | — | ₹8 Cr |
| Σ Total | — | 1,114,000 (100%) | — | ₹15,039 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 | 1,000 | ₹135,000 |
| Retail (Max) | 13 | 13,000 | ₹1,755,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,890,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,045,000 |
Financial Statements Amount in Rs Cr
| Metric | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue | 575 | 390 | 329 |
| Profit After Tax | 116 | 97 | 87 |
| Total Assets | 611 | 492 | 293 |
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
- To finance development and/or procurement of technology, applications, software, infrastructure etc. including strategic acquisitions of Firms/Companies in the technology space to complement and enhance our Company’s value proposition – 4.60
- To expand and retain our Leadership team that will lead the Company into the next phase of growth – 3.00
- To acquire / rent assets – 1.50
- Repayment of bank facilities – 1.50
- General corporate purposes – 3.40
Company Overview
Incorporated in 2011, SecMark Consultancy Ltd is a Mumbai-based financial service company. It is a one-stop-shop that offers multiple services in the area of setting up a business to regulatory registration, software development, compliance, outsourcing, risk management, taxation, and legal matters.
In FY 2019-20, company has serviced more than 200 clients including stock and commodity brokers, depository participants, investment advisors, research analysts, wealth managers, stock exchanges, corporate agents, insurance brokers, banks, NBFCs, etc. are the key corporate clients of SecMark Consultancy. Angel One, 5paisa Capital Ltd, BSE Limited, A.K. Capital Services Ltd, ICICI Securities Ltd, TCS Ltd, Zerodha Investment Advisors LLP, etc. are few of the names of SecMark client base.
Company has nationwide footprints through local representatives at New Delhi, Indore, Ahmedabad, Jaipur, Chandigarh, Bangalore, Raipur, and others.
Competitive Strength
• Large client base
• Diversified products & service portfolio
• Highly qualified and experienced team