IPO Issue Details
Issue Price / Price Band₹815 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size18 Shares per Lot
Total Issue Size95,65,404 shares (aggregating up to ₹779.58 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 31 Jul 2017
Subscription CloseWed, 02 Aug 2017
Anchor AllotmentFri, 28 Jul 2017
Basis of AllotmentMon, 07 Aug 2017
Initiation of RefundsTue, 08 Aug 2017
Credit of Shares to DematWed, 09 Aug 2017
Listing DateThu, 10 Aug 2017
UPI Mandate Deadline2017-08-02
Application & Investment Details
Retail — Min (1 Lots)₹14,670 — 18 shares
Retail — Max (13 Lots)₹190,710 (13 Lots)
HNI — Min (14 Lots)₹2,05,380 — 252 shares
Pre-IPO Promoter Holding6,87,14,250 shares
Post-IPO Promoter Holding7,31,59,035 shares
Fresh Issue Shares44,44,785 shares (aggregating up to ₹362.25 Cr)
Offer for Sale Shares51,20,619 shares of ₹10 (aggregating up to ₹417.33 Cr)
About Security & Intelligence Services (India) Ltd.
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.
Objects of the Issue
Security & Intelligence Services (India) Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Repayment and pre-payment of a portion of certain outstanding indebtedness availed by the Company
200.00
2
2 Funding working capital requirements of the Company
60.00
3
3 General corporate purposes
78.86
Shareholding & Lock-in
Pre-IPO Promoter Holding
6,87,14,250 shares
Post-IPO Promoter Holding
7,31,59,035 shares
Lock-in Period (30%)September 6, 2017
Lock-in Period (50%)November 5, 2017