Security & Intelligence Services (India) Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 7,174,054 (75%) | — | ₹58,469 Cr |
| NII (HNI) | — | 1,434,810 (15%) | — | ₹11,694 Cr |
| Retail | — | 956,540 (10%) | — | ₹7,796 Cr |
| Σ Total | — | 9,565,404 (100%) | — | ₹779,580 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 | 18 | ₹14,670 |
| Retail (Max) | 13 | 234 | ₹190,710 |
| S-HNI (Min) | 14 | 252 | ₹205,380 |
| B-HNI (Min) | 67 | 1,206 | ₹982,890 |
Financial Statements Amount In Crore
| Metric | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 |
|---|---|---|---|
| Revenue | 1,287 | 1,056 | 824 |
| Profit After Tax | 34 | 25 | 33 |
| Total Assets | 517 | 439 | 363 |
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 Repayment and pre-payment of a portion of certain outstanding indebtedness availed by the Company – 200.00
- 2 Funding working capital requirements of the Company – 60.00
- 3 General corporate purposes – 78.86
Company Overview
Incorporated in 1985, Security and Intelligence Services (India) Limited provides private security and facility management services in India and Australia. They offers cash logistics; security services, including manned guarding, cash logistics, and electronic security; and facility management services, such as mechanized cleaning, and pest and termite control services.
SiS servers customers that operate in various industries and sectors, which include banking and financial services, IT/ITeS and telecom, automobile, steel and heavy industries, governmental undertakings, hospitality and real estate, utilities, educational institutions, healthcare, consumer goods, engineering, and construction.
SIS Group is present across all the 29 states in India. They have joint ventures with affiliates of Prosegur Compañía de Seguridad, S.A and Terminix International Company, L.P. (“Terminix”), a multi-national provider of termite and pest control services.