SecUR Credentials Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 696,000 (47%) | — | ₹1,427 Cr |
| Retail | — | 696,000 (47%) | — | ₹1,427 Cr |
| Market Maker | — | 75,000 (5%) | — | ₹15 Cr |
| Σ Total | — | 1,467,000 (100%) | — | ₹30,074 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 | 600 | ₹123,000 |
| Retail (Max) | 13 | 7,800 | ₹1,599,000 |
| S-HNI (Min) | 14 | 8,400 | ₹1,722,000 |
| B-HNI (Min) | 67 | 40,200 | ₹8,241,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30-Jun-2017 | 31-Mar-2017 | 31-Mar-2016 |
|---|---|---|---|
| Revenue | 590 | 1,016 | 441 |
| Profit After Tax | 125 | 181 | 2 |
| Net Worth | 323 | 203 | 22 |
| Total Assets | 1,287 | 841 | 78 |
| Reserves & Surplus | 227 | 202 | 21 |
| Total Borrowing | 252 | 0 | 16 |
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
- Meeting Additional Working Capital Requirements – 9
- Expansion of Business Activities – 4.95
- Purchase of ―SYMPHONY 3.0‖ Software along with Database – 7.28
- Marketing and Brand Building – 5.02
- General Corporate Purposes – 2.58
Company Overview
SecUR Credentials Ltd is engaged in the business of Background Screening (also known as BGC - Background Check) and Due Diligen. They are one of the very few India-based BGC companies who provides end-to-end screening services to various corporates in the country.
They offers background screening services for organisations not just in India, but across the globe through their NAPBS connections and provided their service in countries such as US, UK, Philippines and Srilanka.
Company is headquartered in Andheri, Mumbai, with branch offices in Mumbai, Delhi, Bengaluru, Hyderabad and Chandigarh. They covers every PIN code of the country through their intricate hub and spoke model, which multiplies the geographies they cover through the the branch offices.