Pune E-Stock Broking IPO

Pune E-Stock Broking IPO will open for subscription from 07 March 2024. The company aims for an issue size of ₹38.23 Cr through this IPO.

Company Overview

Full namePune E-Stock Broking Limited
IndustryFinance – Stockbroking
Company Websitehttps://www.pesb.co.in/

About Company

In the financial services field, Pune E-Stock Broking Limited (PESB) is a company known for its significant presence and achievements. Founded in 2007 and registered with SEBI as a Stock Broker (Member of BSE and NSE) in the year 2008. The company’s commitment to nurturing talent is evident in its workforce growth. From a modest team of 15 in 2007, PESB’s employee count exceeded 70 by 2023. This company continued With a network of over 150 Authorized Persons and a trading client base exceeding 50,000. This company has a client base of 23,155 active customers in its Depository. In September 2023, the company achieved a Volume of INR 125,007.68L in cash, INR 143,150.84L in F&O Equity, and INR 48,033.10L in MCX F&O.

Major Products and Services of PESB

  1. Client Broking
  2. Depository participant
  3. Mutual Funds
  4. Corporate Deposits
  5. Currency Trading

The Objectives of the Issue

  • To meet working capital requirements;
  • General Corporate Purpose; and
  • Public Issue Expenses.

Pune E-Stock Broking IPO Timetable

IPO Opening date07 March 2024
IPO Closing12 March 2024
Basis of Allotment13 March 2024
Initiation Refund14 March 2024
Credit to Demat Account14 March 2024
Listing Date15 March 2024
(Cut-off time for UPI mandate confirmation – 5 PM on March 12, 2024)

Pune E-Stock Broking IPO details

Issue typeBook Built Issue IPO
IPO issue size₹38.23 Cr – 4,606,400 shares
Fresh Issue₹38.23 Cr – 4,606,400 shares
Offer for saleNil
Face value₹10 per share
Price Band₹78 to ₹83 per share
Lot size1600 Shares
Market Maker portion691,200 shares
Shareholding pre-issue11,044,458
Shareholding post-issue15,650,858
Listing ExchangeBSE SME

Pune E-Stock Broking IPO Lot Size

Retail (Min)11600₹132,800
Retail (Max)11600₹132,800
HNI (Min)23,200₹265,600

Pune E-Stock Broking IPO Reservation Details

QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Pune E-Stock Broking Financial Performance

 FY 2021FY 2022FY 2023H1 FY 2024
Net income6.5010.129.656.11
(Amount in ₹ Crores)

Pune E-Stock Broking Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio9.56 – 10.17
RONW (%)11.2014.9812.60
ROCE (%)14.5415.7914.77
EBITDA (%)27.5621.8427.92

Company Promoters

  • Mr. Vrajesh Krishnakumar Shah
  • Mr. Devendra Ramchandra Ghodnadikar
  • Mr. Vrajesh Navnitbhai Shah
  • Mr. Sandip Sunderlal Shah
  • Mr. Paresh Sunderlal Shah
  • Daidipya Ghodnadikar

Promoter Holding

Pre Issue Share Holding72.75%
Post Issue Share Holding51.34%

Pune E-Stock Broking IPO Lead Manager(s)

A-15, Sector-64, Noida – 201301,
Uttar Pradesh, India
Email: anand.srivastava@shareindia.co.in
Website: www.shareindia.in

Pune E-Stock Broking Registrar

S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email:  ipo@bigshareonline.com
Website: www.bigshareonline.com

Pune E-Stock Broking Contact Details

1198 Shukrawar Peth, Shubhash Nagar,
Lane No 3, Pune, Maharashtra –
411002, India
Phone: +91 -020-41000600
E-mail: info@pesb.co.in
Website: www.pesb.co.in

Pune E-Stock Broking IPO Allotment Status

Pune E-Stock Broking IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.

Final thoughts

Pune E-Stock Broking IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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