{"id":37350,"date":"2024-03-06T16:07:08","date_gmt":"2024-03-06T10:37:08","guid":{"rendered":"https:\/\/newsdaddy.co.in\/index.php\/2024\/03\/06\/pune-e-stock-broking-limited-ipo-opens-on-march-07-2024\/"},"modified":"2024-03-06T16:07:08","modified_gmt":"2024-03-06T10:37:08","slug":"pune-e-stock-broking-limited-ipo-opens-on-march-07-2024","status":"publish","type":"post","link":"https:\/\/newsdaddy.co.in\/index.php\/2024\/03\/06\/pune-e-stock-broking-limited-ipo-opens-on-march-07-2024\/","title":{"rendered":"Pune E \u2013 Stock Broking Limited IPO Opens on March 07, 2024"},"content":{"rendered":"
\n

\u00a0Issue Size \u2013 46,06,400 Equity Shares of <\/em>\u20b9 10 each, Issue Size <\/em>\u2013 <\/em>\u20b9 35.93 Crores \u2013 <\/em>\u20b9 38.23 Crores, Price Band <\/em>\u2013 <\/em>\u20b9 78 \u2013 <\/em>\u20b9 83, Market Lot Size <\/em>\u2013 1,600 Equity Shares<\/em><\/p>\n

Mumbai (Maharashtra) [India], March 6:<\/strong> E \u2013 Stock Broking Limited,\u00a0a distinguished corporate member broking house,\u00a0has announced its plan to go public with an Initial Public Offering on\u00a0March\u00a007, 2024.The company is aiming to raise\u00a0\u20b9\u00a038.23Crore\u00a0on upper price\u00a0band\u00a0through this IPO, with shares set to be listed on the\u00a0BSE SME\u00a0platform.<\/p>\n

The issue size is Up to\u00a046,06,400\u00a0equity\u00a0shares at face value of\u00a0\u20b9\u00a010 each.\u00a0<\/p>\n

Equity Share Allocation<\/strong><\/p>\n

\u2013\u00a0QIB Anchor Portion\u00a0\u2013\u00a0Up To 11,72,800 Equity Shares<\/p>\n

\u2013\u00a0Qualified Institutional Buyers (QIB)\u00a0\u2013\u00a0Up To 7,82,400 Equity Shares<\/p>\n

\u2013\u00a0Non-Institutional Investors (NII) \u2013\u00a0Up To 5,88,800 Equity Shares<\/p>\n

\u2013\u00a0Retail Individual Investors (RII) \u2013\u00a0Up To 13,71,200 Equity Shares<\/p>\n

\u2013\u00a0Market Maker \u2013\u00a0Up To 6,91,200 Equity Shares<\/p>\n

The net proceeds from the IPO will be utilized\u00a0for\u00a0funding Working Capital Requirements,\u00a0meeting General Corporate Expenses\u00a0and\u00a0Issue Expenses. The bidding for the Anchor portion will open on\u00a0March\u00a006, 2024, and the issue will close on\u00a0March\u00a012, 2024.<\/p>\n

The Book Running Lead Manager to the Issue\u00a0is\u00a0Share India Capital Services Private Limited.\u00a0The Registrar to the Issue isBigshare Services Private Limited.<\/p>\n

Mr. Vrajesh Shah,\u00a0Promoter, Chairman\u00a0&\u00a0Managing Director\u00a0expressed,\u00a0\u201cWe\u2019re excited to announce Pune E \u2013 Stock Broking Limited\u2019s IPO, a milestone in our journey of growth in the financial services sector. Through this IPO, we aim to raise capital to fuel our expansion initiatives and meet our corporate objectives.\u00a0Building on over a decade of excellence, we are steadfast in our\u00a0commitment to delivering exceptional financial solutions,\u00a0leveraging innovation\u00a0&integrity,\u00a0and driving sustainable growth.\u201d<\/p>\n

Mr. Ronak Jhaveri, Vice President of Share India Capital Services Private Limited said, \u201cI am pleased to be part of this transformative journey with Pune E \u2013 Stock Broking Limited. The company stands as a beacon of excellence in the financial services landscape, with a reputation built on trust and innovation over the years. As it continues to expand its horizons, Pune E \u2013 Stock Broking Limited remains committed to empowering clients and driving success in every endeavor.\u201d<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\u00a0Issue Size \u2013 46,06,400 Equity Shares of \u20b9 10 each, Issue Size \u2013 \u20b9 35.93 Crores \u2013 \u20b9 38.23 Crores, Price Band \u2013 \u20b9 78 \u2013 \u20b9 83, Market Lot … Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":37351,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[229,231],"class_list":["post-37350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-pr","tag-press-release","entry"],"_links":{"self":[{"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/posts\/37350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=37350"}],"version-history":[{"count":0,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/posts\/37350\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/media\/37351"}],"wp:attachment":[{"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=37350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=37350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=37350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}