Business Standard

Alacrity Securities Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

9.00 cr

Price Range (₹)

15

Lot Size

8000

Min Investment (₹)

1,20,000.00

Listing Exchange

BSE - SME

Open Date

29-Jul-2013

Close Date

01-Aug-2013

Listing Date

14-Aug-2013

Alacrity Securities Ltd News

    The Shares of Alacrity Securities Ltd have now been listed.

    Alacrity Securities Ltd IPO Details

    Public issue of 60,00,000 equity shares of Rs. 10/- each (Equity Shares) of Alacrity Securities Limited (ASL or The Company or The Issuer) for cash at a price of Rs. 15/- per share (The Issue Price), aggregating to Rs. 9.00 crores (The Issue), of which, 4,00,000 equity shares of Rs. 10 each will be reserved for subscription by Market Makers to The Issue (The Market Maker Reservation Portion). The issue less the Market Maker reservation portion i.e. Issue of 56,00,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The Issue and the Net issue willConstitute 28.57% and 26.67%, respectively of the post issue paid up equity share capital of the company.The Face value of the equity shares is Rs. 10/- each and the issue price is 1.5 (One & Half) times of the face value.

    Objective of issue

    Expand the domestic operations & network of branch. Enhancement of margin money maint. with exchanges. Brand building & promotional activities. General corporate purposes.

    Alacrity Securities Ltd Contact Details

    Alacrity Securities Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - alacritysec@gmail.com

    Website - www.alacritysec.com