Pune E-Stock Broking IPO: Right time to double your money!!
Pune E-Stock Broking IPO: Leading corporate stock broking house, Pune e-Stock Broking launched its initial public offering (IPO) on March 7, 2024, and the excitement will continue till March 12, 2024. In this article, we will get into the details of Pune E-Stock Broking’s IPO covering key aspects like IPO date, price, gray market premium (GMP), allotment, listing, and more.
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Pune E-Stock Broking IPO
Pune E-Stock Broking IPO: Pune e-Stock Broking, a leading player in stock broking, started its IPO journey on March 7, 2024, and you have till March 12, 2024, to join. Let’s explore the intricacies of Pune e-stock broking from IPO, date, and price to GMP, allotment, and listing details in this article.
| IPO Date | March 7, 2024 to March 12, 2024 |
| Listing Date | Not Decided Yet |
| Face Value | ₹10 per share |
| Price Band | ₹78 to ₹83 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 4,606,400 shares (aggregating up to ₹38.23 Cr) |
| Fresh Issue | 4,606,400 shares (aggregating up to ₹38.23 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 11,044,458 |
| Shareholding post issue | 15,650,858 |
Pune E-Stock Broking IPO Price
Pune E-Stock Broking is going public, and they have set the price of each share between Rs 78 to Rs 83. If you are looking to join, the smallest amount you can bid for is 1600 shares, and you can bid for more in multiples of 1600 shares. This is your chance to be a part of it!
To participate in Pune E-Stock Broking’s IPO, investors need to invest at least Rs 1,32,800, and for high net worth individuals (HNIs), the minimum investment is 2 lots, totaling Rs 2,65,600. This is your chance to indulge in different options depending on your preferences!
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹132,800 |
| Retail (Max) | 1 | 1600 | ₹132,800 |
| HNI (Min) | 2 | 3,200 | ₹265,600 |
__________Pune E-Stock Broking IPO Price
Pune E-Stock Broking IPO Allotment
We will find out by Wednesday, March 13, 2024, who gets shares in the Pune e-Stock Broking IPO. If you don’t make the cut, no worries – refunds will be issued on Thursday, March 14, 2024.
Pune e-Stock Broking has Share India Capital Services Pvt Ltd as the lead manager overseeing the IPO, and they are the experts in ensuring that things run smoothly. BigShare Services Private Limited is taking care of the paperwork as the registrar of the issue. Also, Share India Securities Pune e-Stock Broking is playing a key role as a market maker for the IPO. It takes a team effort to make everything happen!
| IPO Open Date | Thursday, March 7, 2024 |
| IPO Close Date | Tuesday, March 12, 2024 |
| Basis of Allotment | Wednesday, March 13, 2024 |
| Initiation of Refunds | Thursday, March 14, 2024 |
| Credit of Shares to Demat | Thursday, March 14, 2024 |
| Listing Date | Friday, March 15, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 12, 2024 |
__________Pune E-Stock Broking IPO Allotment
Pune E-Stock Broking IPO Listing
Pune e-Stock Broking’s IPO is making its debut on BSE, NSE, and you can mark Friday, March 15, 2024, in your calendars to watch it live. Also, don’t miss the Kaura Fine Diamond Jewelry IPO getting listed on March 14. This is like a double gift for market watchers!
The people behind this company are Mr. Brijesh Krishnakumar Shah, Mr. Devendra Ramchandra Ghodnadikar, Mr. Brijesh Navneetbhai Shah, Mr. Sandeep Sunderlal Shah, Mr. Paresh Sunderlal Shah and Aditya Ghodnadikar. They are the ones steering the ship and making things happen!
__________Pune E-Stock Broking IPO Listing
Pune E-Stock Broking IPO GMP
Good news from Investor Gain Report! Pune E-Stock Broking IPO is currently selling at Rs 93 more than its official price in the gray market. If things continue, investors could get a nice gain of 112%, and when it officially hits the market, there are chances that it could be listed at a premium of 176%. Exciting times for potential profits!
__________Pune E-Stock Broking IPO GMP
IPO structure
Here are the details of the Pune e-Stock Broking IPO: Half of it has been set aside for mega-QIB investors, 35% for regular people like you and me (retail investors), and the final 15% for NII investors. Everyone gets a piece of the pie!
__________IPO structure
About Pune E-Stock Broking Ltd
In 2007, Pune e-Stock Broking Limited started its journey. They are not just any company – they are a corporate broking house, playing a vital role in the stock broking industry. Over the past few years, the industry has seen major changes thanks to technology, new regulations, and changes in the market. Looks like they’re riding the wave of change!
__________About Pune E-Stock Broking Ltd
Tracing the Path of Your Contributions
Pune E-Stock Broking is gearing up for its IPO, and the money raised will be put to good use. They plan to cover everyday expenses, support their company’s overall goals, and take care of public-related costs. It’s like giving things a boost to make them run smoothly.
__________Tracing the Path of Your Contributions
Disclaimer
We are not financial advisors, but here’s a friendly tip: The information provided here is not investment advice. If you’re thinking about getting into the stock market, it’s always a good idea to talk to your financial advisor first. They’ve got your help!
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