IPO Issue Details
Issue Price / Price Band₹84 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size80 Shares per Lot
Total Issue Size40,00,000 shares (aggregating up to ₹29.60 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenFri, 30 Sep 2011
Subscription CloseWed, 05 Oct 2011
Anchor AllotmentThu, 29 Sep 2011
Basis of AllotmentTue, 11 Oct 2011
Initiation of RefundsWed, 12 Oct 2011
Credit of Shares to DematWed, 12 Oct 2011
Listing DateWed, 02 Nov 2011
UPI Mandate Deadline2011-10-05
Application & Investment Details
Retail — Min (1 Lots)₹5,920 — 80 shares
Retail — Max (13 Lots)₹87,360 (13 Lots)
HNI — Min (34 Lots)₹2,01,280 — 2,720 shares
Pre-IPO Promoter Holding60,00,000 shares
Post-IPO Promoter Holding1,00,00,000 shares
About Indo Thai Securities Ltd.
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.
Objects of the Issue
Indo Thai Securities Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Expansion and upgradation of our Existing Branches and Set up Network of Branches
2.00
2
2 Purchase of Office space for Mumbai regional office
4.00
3
3 Purchase & set up of Office space for Corporate office
4.00
4
4 Brand Building & Advertising
3.00
5
5 Augmenting Long Term Working capital requirements
10.00
6
6 General Corporate Purpose
4.94
7
7 Public Issue Expense
1.66
Shareholding & Lock-in
Pre-IPO Promoter Holding
60,00,000 shares
Post-IPO Promoter Holding
1,00,00,000 shares