IPO Details
Bidding Dates
06 Mar '24 - 11 Mar '24
Minimum Investment
₹132,800 / 1 Lot ( 1600 Shares )
Price Range
₹78 - ₹83
Maximum Investment
₹132,800 / 1 Lot ( 1600 Shares )
Retail Discount
Not Applicable
Issue Size
₹38.23 Cr
Investor category and sub category
Retail Individual Investors | Non-Institutional Investors | Qualified Institutional Buyers (QIB) |About Pune E - Stock Broking Limited
Founded in 2007, Pune E - Stock Broking (PESB) Limited offers stock broking services. The company started its journey with strategic mergers and innovative IT projects and extended its presence and impact in the financial services industry.
In 2008, the company was registered as a stock broker with SEBI. This outlook is anticipated to impact Pune E - Stock Broking Limited's business prospects positively. In 2017, PSE Securities Limited and Vraj Share Services Private Limited were merged into the company. In 2019, the company became a member of The Multi Commodity Exchange of India Limited (MCX). The company has a network of over 150 Authorised Persons and a trading client base of more than 50,000.
PESB’s products and services include Client Broking, Depository Participant, Mutual Funds, Corporate Deposits and Currency.
The stock broking sector has transformed from its historical origins into a digitally powered, interconnected marketplace. The current landscape is influenced by technological progress, regulatory shifts, and changing investor preferences.
Pune E - Stock Broking Limited IPO Details
Pune E - Stock Broking Limited IPO Date
Pune E - Stock Broking Limited's IPO will open from March 7, 2024, to March 12, 2024.
Pune E - Stock Broking Limited IPO Price Band
Pune E - Stock Broking Limited is a fresh issue of up to 46,06,400 equity shares. The price range of the IPO is ₹78 to ₹83 per share.
Pune E - Stock Broking Limited IPO Lot Size
Pune E - Stock Broking Limited’s IPO lot size is 1,600 shares.
Pune E - Stock Broking Limited IPO Objectives
The objectives of Pune E - Stock Broking Limited's IPO are listed below:
- To meet working capital requirements.
- For general corporate purposes.
Peer Details
As per DRHP, the listed peers whose business portfolio is comparable to the company are as follows:
- Share India Securities Limited
- ICICI Securities Limited
- Angel One Limited
How To Check the Pune E - Stock Broking Limited Allotment Status?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the IPO Section and then to IPO Orders
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Open a demat account with Angel One to apply for the Pune E - Stock Broking Limited IPO.
Contact Details of Pune E - Stock Broking Limited IPO
- Registered office: 1198 Shukrawar Peth, Shubhash Nagar, Lane No 3, Pune, Maharashtra – 411002, India.
- Phone: +91 -020-41000600
- E-mail: info@pesb.co.in
Company Financial Performance
| Particulars | Period Ended on September 30, 2023 | Year ending on March 31, 2023 (₹ lakh) | Year ending on March 31, 2022 (₹ lakh) | Year ending on March 31, 2021 (₹ lakh) |
|---|---|---|---|---|
| Revenue from Operations | 2666.77 | 3575.08 | 4124.6 | 3256.27 |
| Profit After Tax (PAT) | 610.67 | 964.52 | 1012.03 | 650.48 |
| EPS (₹) | 5.43 | 8.16 | 8.35 | 5.69 |
| Net Worth | 6949.51 | 6396.87 | 5763.12 | 5161 |
| Total Borrowings | 146.19 | 1077.74 | 2,035.16 | 1,195 |
Know before investing
Strengths
2-
The company is involved in the business of broking services in equity and currency derivatives segments with NSE and BSE. They offer various services under one roof to cater to customers' demands.
-
The company’s risk management systems are fully integrated with its electronic brokerage platform, allowing it to manage its risks in real time.
Risks
2-
The company has generated negative cash flows during FY 2023 and may, in the future, experience similar negative cash flows.
-
The company has been subject to certain penal actions from the stock exchanges and SEBI in the past.
Login to Angel One App / Website & click on IPO
Select desired IPO & tap on "Apply"
Enter UPI ID, set quantity/price & submit
Accept mandate on the UPI app to complete the process
Login to Angel One App / Website
Choose IPO section on Home Page
Click IPO Orders
Chose the IPO application you want to view the status for
Pune E – Stock Broking Limited IPO FAQs
The Pune E – Stock Broking Limited IPO is a fresh issue of up to 46,06,400 equity shares. The price of the IPO is yet to be announced.
To be announced.
To be announced.
To be announced.
Pune E – Stock Broking Ltd IPO will be listed on the BSE SME. The listing date is to be announced.
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the IPO Section and then to IPO Orders
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange, which is to be announced, for Pune E – Stock Broking Ltd.
The bank will only block the amount initially in your account. Under the new system, the money isn’t debited until the stocks are allotted to you.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
You can submit only one application using your PAN card.
