Pune E-Stock Broking IPO Details: Date, Price, Review, GMP, Allotment, Listing Pune E-Stock Broking IPO: The IPO of corporate stock broking house Pune E-Stock Broking was opened on March 7, 2024 and will remain open till March 12, 2024. In this article, we will learn about Pune E-Stock Broking IPO Date, Price, GMP, Allotment, Listing, etc.
Pune E-Stock Broking IPO
Pune E-Stock Broking IPO has come. The IPO of Pune E-Stock Broking was open for subscription on Thursday, March 7, 2024 and will close on Tuesday, March 12, 2024. The Pune e-stock broking IPO is a book-built issue of Rs 38.23 crore. It is a fresh issue of 40.06 lakh shares.
Pune e-stock broking IPO price
The price band of the Pune e-stock broking IPO has been fixed at Rs 78 to Rs 83 per share. The IPO has a lot size of 1600 shares. Investors can bid for a minimum of 1600 shares or in multiples thereof.
Investors will have to invest a minimum of Rs 1,32,800 in the Pune e-stock broking IPO. The minimum lot size investment for HNIs is 2 lots, amounting to Rs 265,600.
Pune E Stock Broking IPO GMP Today: Over 100% listing gains per share? Check subscription and allotment detailshttps://t.co/cv4h00vIa9
— ET NOW (@ETNOWlive) March 8, 2024
Pune E-Stock Broking IPO
The allotment for the Pune e-stock broking IPO is expected to be finalised on Wednesday, March 13, 2024. Refunds will be issued on Thursday, March 14, 2024.
Share India Capital Services Private Limited is the book running lead manager to the Pune e-stock broking IPO, while Bigshare Services Private Limited is the registrar to the issue. Share India Securities is the market maker for Pune e-stock broking IPO.
Pune e-stock broking IPO
The Pune e-stock broking IPO will be listed on BSE, SME. The IPO listing is scheduled for Friday, March 15, 2024. The Koura Fine Diamond Jewellery IPO will be listed on March 14. The promoters of the company are Shri Brijesh Krishnakumar Shah, Shri Devendra Ramchandra Ghodnadikar, Shri Brijesh Navnitbhai Shah, Shri Sandeep Sunderlal Shah, Shri Paresh Sunderlal Shah and Aditya Ghodnadikar.
Pune E-Stock Broking IPO
According to a report by InvestorGain, the Pune e-stock broking IPO is trading at a premium of Rs 93 on the grey market today Accordingly, investors can get a profit of 112% and the listing of the IPO can be at a premium of 176.
About 50% of the IPO is reserved for QIB investors, 35% for retail investors and the remaining 15% for NII investors.
About Pune E-Stock Broking Ltd.
Pune E-Stock Broking Limited was incorporated in 2007. Pune E-Stock Broking Limited is a corporate broking house. The stock broking industry, which is the cornerstone of the global financial market, has undergone significant changes in the last few years due to technology, advancements, regulatory changes and dynamics in the market dynamics.
Where will the funds be used?
The company will use the funds raised from the IPO to meet working capital requirements, general corporate purposes and to meet public corporation expenditure.
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