Issue Price
₹920
Per Share
GMP
NIL
Grey Market
Est. Listing
₹920
Expected Price
Min. Application
₹294,400
2 lots × 160 shares
Incorporated in 1999, East India Securities Ltd is engaged in the business of Broking (Equity and Equity Derivatives and Currency Derivatives). They are one of the largest Clearing Member for Equity Derivatives in NSE, and Currency Derivatives in NSE/MCX/USE in Eastern India. They also provide services as a Depository Participant (NSDL/CDSL); Distributor (Mutual Funds, Primary Issuer of Equity and Fixed Income Securities); and play an Advisory role in Corporate Financing and Risk Management.They are also engaged in the business of Mutual Fund Advisor/Distributor and are a member of AMFI. Company is engaged in making proprietary investments in various tradable securities. Company's clients include Public/Private Banks, Insurance companies, Domestic Mutual Funds, AIFs and FPIs.
East India Securities Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 50,400 | — | ₹4.64 Cr | — |
| TOTAL | 1,008,000 | 100.00% | ₹92.74 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 160 | ₹147,200 |
| Retail (Max) | 13 | 2,080 | ₹1,913,600 |
| sNII (Min) | 14 | 2,240 | ₹2,060,800 |
| bNII (Min) | 68 | 10,880 | ₹10,009,600 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | N/A | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | N/A | N/A | N/A |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |