Business Standard

Pune e-Stock Broking Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

38.23 cr

Price Range (₹)

83

Lot Size

1600

Min Investment (₹)

1,32,800.00

Listing Exchange

BSE - SME

Open Date

07-Mar-2024

Close Date

12-Mar-2024

Listing Date

15-Mar-2024

Pune e-Stock Broking Ltd News

    The Shares of Pune e-Stock Broking Ltd have now been listed.

    Pune e-Stock Broking Ltd IPO Details

    Initial public offer of 46,06,400 equity shares of face value of Rs. 10/- each (the Equity Shares) of Pune E-Stock Broking Limited (The Company or PESB or The Issuer) at an issue price of Rs. 83 per equity share for cash, aggregating up to Rs. 38.23 crores (Public Issue) out of which 6,91,200 equity shares of face value of Rs. 10 each, at an issue price of Rs. 83 per equity share for cash, aggregating Rs. 5.74 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 39,15,200 equity shares of face value of Rs. 10 each, at an issue price of Rs. 83 per equity share for cash, aggregating Rs. 32.49 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 29.43 % and 25.016 % respectively of the post-issue paid-up equity share capital of the company.* Subject to finalization of basis of allotmentThe Offer Price is Rs. 83 per equity share of face value of Rs. 10 each.The Offer price is 8.3 times of the face value of the equity shares.Bids can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.

    Objective of issue

    To meet working capital requirements. General corporate purposes.

    Pune e-Stock Broking Ltd Contact Details

    Pune e-Stock Broking Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - cs@pesb.co.in

    Website - www.pesb.co.in