Issue Price
₹50
Per Share
GMP
NIL
Grey Market
Est. Listing
₹50
Expected Price
Min. Application
₹300,000
2 lots × 3000 shares
Wealth First Portfolio Managers Ltd (WFPM) is a one-stop financial services provider for various types of financial products available in the Indian market. Its product portfolio provides the right mix of financial assets that suits financial goals in the short and long term depending on the client's perception and need. WFPM offers in-depth research for products that deliver compatible performance in terms of yield as well as makes sure that investments stay secure over the period, though the market risk is always there which is beyond the company's control.The company offers various financial instruments according to risk appetite and holding period of clients that include Government Bonds & Securities, Direct Equity, Cash Management Services, Derivative products, Mutual Funds, Insurance products, Commodities, REITS and Market Making Services. It is registered with BSE Limited and National Stock Exchange of India Limited as its member. WFPM is also registered with CDSL as a Depositary Participant. The major part of its revenue comes from the sale & purchase of taxable & tax-free bonds and brokerages & commissions from the Mutual fund distribution business.
Wealth First Portfolio Managers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 84,000 | — | ₹0.42 Cr | — |
| TOTAL | 1,680,000 | 100.00% | ₹8.40 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹150,000 |
| Retail (Max) | 13 | 39,000 | ₹1,950,000 |
| sNII (Min) | 14 | 42,000 | ₹2,100,000 |
| bNII (Min) | 68 | 204,000 | ₹10,200,000 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | N/A | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | N/A | N/A | N/A |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |