IPO Issue Details
Issue Price / Price Band₹135 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size11,14,000 shares (aggregating up to ₹15.04 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 18 Sep 2020
Subscription CloseWed, 23 Sep 2020
Anchor AllotmentThu, 17 Sep 2020
Basis of AllotmentMon, 28 Sep 2020
Initiation of RefundsWed, 30 Sep 2020
Credit of Shares to DematWed, 30 Sep 2020
Listing DateThu, 01 Oct 2020
UPI Mandate Deadline2020-09-23
Application & Investment Details
Retail — Min (1 Lots)₹1,35,000 — 1,000 shares
Retail — Max (13 Lots)₹1,755,000 (13 Lots)
HNI — Min (2 Lots)₹2,70,000 — 2,000 shares
Net Offer to Public56,000 shares (aggregating up to ₹0.7560 Cr)
Reserved for Market Maker56,000 shares (aggregating up to ₹0.7560 Cr)
Pre-IPO Promoter Holding30,10,000 shares
Post-IPO Promoter Holding41,24,000 shares
About SecMark Consultancy Ltd
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
Objects of the Issue
SecMark Consultancy Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
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
2
To expand and retain our Leadership team that will lead the Company into the next phase of growth
3.00
3
To acquire / rent assets
1.50
4
Repayment of bank facilities
1.50
5
General corporate purposes
3.40
Shareholding & Lock-in
Pre-IPO Promoter Holding
30,10,000 shares
Post-IPO Promoter Holding
41,24,000 shares