IPO Issue Details
Issue Price / Price Band₹20 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size45,06,000 shares (aggregating up to ₹9.01 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 15 Oct 2013
Subscription CloseFri, 18 Oct 2013
Anchor AllotmentMon, 14 Oct 2013
Basis of AllotmentThu, 24 Oct 2013
Initiation of RefundsFri, 25 Oct 2013
Credit of Shares to DematFri, 25 Oct 2013
Listing DateFri, 01 Nov 2013
UPI Mandate Deadline2013-10-18
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 6,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 12,000 shares
Net Offer to Public42,60,000 shares (aggregating up to ₹8.52 Cr)
Reserved for Market Maker2,46,000 shares (aggregating up to ₹0.4920 Cr)
Pre-IPO Promoter Holding1,20,55,500 shares
Post-IPO Promoter Holding1,65,55,500 shares
About Stellar Capital Services Ltd.
Incorporated in 1994, Stellar Capital Services Ltd is Non deposit taking Non systemically important Non banking finance company (NBFC-ND-NSI) engaged primarily in the business of advancing loans and investing/trading in securities. Company is a NBFC registered with RBI to carry on NBFC Activities under Section 45(IA) of the Reserve Bank of India Act, 1934.Company is raising fund for acquire offices on rent / lease in Kolkata and Jaipur. On 31.3.11 and 31.3.12 it made preferential issue of 379900 and 168800 equity shares respectively at a price of Rs. 500 per share and on 31.3.13 it issued bonus shares in the ratio of 14 shares for every 1 share held. Post issue the equity will rise to Rs. 16.56 crore.
Objects of the Issue
Stellar Capital Services Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Acquire offices on rent / lease in Kolkata and Jaipur
0.20
2
2 To augment the capital base and provide for the fund requirements for increasing the operational scale with respect to the NBFC activities
8.20
3
3 Issue related Expenses
0.60
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,20,55,500 shares
Post-IPO Promoter Holding
1,65,55,500 shares