IPO Issue Details
Issue Price / Price Band₹205 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size600 Shares per Lot
Total Issue Size14,67,000 shares (aggregating up to ₹30.07 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 01 Nov 2017
Subscription CloseFri, 03 Nov 2017
Anchor AllotmentTue, 31 Oct 2017
Basis of AllotmentThu, 09 Nov 2017
Initiation of RefundsFri, 10 Nov 2017
Credit of Shares to DematFri, 10 Nov 2017
Listing DateMon, 13 Nov 2017
UPI Mandate Deadline2017-11-03
Application & Investment Details
Retail — Min (1 Lots)123000 — 600 shares
Retail — Max (13 Lots)₹1,599,000 (13 Lots)
HNI — Min (2 Lots)246000 — 1200 shares
Net Offer to Public13,92,000 shares (aggregating up to ₹28.54 Cr)
Reserved for Market Maker75,000 shares (aggregating up to ₹1.54 Cr)
Pre-IPO Promoter Holding34,21,425 shares
Post-IPO Promoter Holding48,88,425 shares
About SecUR Credentials Ltd
SecUR Credentials Ltd is engaged in the business of Background Screening (also known as BGC - Background Check) and Due Diligen. They are one of the very few India-based BGC companies who provides end-to-end screening services to various corporates in the country. They offers background screening services for organisations not just in India, but across the globe through their NAPBS connections and provided their service in countries such as US, UK, Philippines and Srilanka. Company is headquartered in Andheri, Mumbai, with branch offices in Mumbai, Delhi, Bengaluru, Hyderabad and Chandigarh. They covers every PIN code of the country through their intricate hub and spoke model, which multiplies the geographies they cover through the the branch offices.
Objects of the Issue
SecUR Credentials Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Meeting Additional Working Capital Requirements
9
2
Expansion of Business Activities
4.95
3
Purchase of ―SYMPHONY 3.0‖ Software along with Database
7.28
4
Marketing and Brand Building
5.02
5
General Corporate Purposes
2.58
Shareholding & Lock-in
Pre-IPO Promoter Holding
34,21,425 shares
Post-IPO Promoter Holding
48,88,425 shares