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Issue Open Date
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21-Sep-17
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Issue Closing Date
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26-Sep-17
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Application Money
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100
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Allotment Money
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Price Band
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41
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Minimium Application No.
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3000
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Issue Size (Shares)
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6432000
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Market Lot
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1
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Objective
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OBJECTS OF THE ISSUEThe Net Proceeds from the Fresh Issue will be utilised towards the following objects:1. To Meet Working Capital Requirement2. To Meet Capital Expenditure incurred for Branch expansion and distribution centre3. To Meet Sales and Marketing Expenditure4. General Corporate Purpose5. To Meet the Issue Expenses
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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Qualified Institutional Buyers
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Retail Individual Investors
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Business Description
OVERVIEWOur Company was incorporated on July 12, 1994 as “FMS Securities Limited” as a Public Limited Companywith the Registrar of Companies, Assam, Meghalaya, Manipur, Tripura, Nagaland, Arunachal Pradesh &Mizoram, Shillong. In the year 2000, Our Existing Promoters Mr. Parveen Gupta, Mr. Sachin Gupta, Mr. RajeshGupta and Mr. Yash Pal Gupta took over the management of our Company from our erstwhile Promoters i.e.Mr. Hukamraj Sajjanraj Kumbhat , Mr. Kaushal Kumbhat, Mr. Pardip Kumbhat , Mr. Haradhan Saha, Mr.Laxmi Narain Biyani , Mrs. Ambika Barua and Mrs. Indu Kumbhat.. Later, pursuant to scheme ofAmalgamation, Share India Securities Limited was merged into our Company vide order of Hon’ble High Courtof Delhi dated May 20, 2010.The name of our Company was changed to Share India Securities Limited andfresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies,NCT of Delhi and Haryana on July 15, 2010. Further the Registered Office of the Company was changed toUttar Pradesh from the State of Delhi and fresh certificate for change in registered office was issued byRegistrar of Companies, Uttar Pradesh dated May 02, 2012 pursuant to Company Law Board, New DelhiBench order dated April 17, 2012.Our company is currently engaged in the business of equity broking, investing and trading activities. Along withthis we are also providing the services as a Depository Participant, Research Analyst, Mutual FundAdvisor/Distributor and also an application has been filed with Securities and Exchange Board of India for theregistration of Company as a Portfolio Manager. Our Company got registered with SEBI as Stock Broker(Member of BSE) in the year 2000 and started the Stock Brokering operations. Later during the year 2007-08we got registered as a trading and clearing member of Bombay Stock Exchange (BSE).Post the merger of thecompany we got registered with SEBI as Stock Broker, Trading and Clearing Member of National StockExchange of India (NSE) in the year 2012. With the introduction of the Future and option segment into theIndian capital market the company became Member under future & Option (F&O) Segment also. Currently, TheCompany is providing broking services in Equity, Currency derivative and Future & Options segment ofNational Stock Exchange of India Limited and BSE LimitedPost this development, we focused on trading and broking segment particularly for High Net worth clients.Further, in order to target new HNI & retail customers and to expand our business operations, we setup ourbranches in New Delhi and Noida We currently have a network of around 5 sub brokers and 173 Authorisedpersons registered with us in BSE and 03 sub brokers and 163 Authorized persons in NSE all over India cateringto the needs of our clients.Looking into the opportunities in the Depository and Participants business we also forayed into the depositoriesbusiness. We received the permanent registration from SEBI as Participant of the CDSL depositories in the year2015.With the plan to further expand our business in the depository Participant we opened a Branch depositoryparticipant at Hissar, Haryana. We are also engaged in the business of Mutual Fund activities and have taken themembership of AMFI. Our Company is also engaged in making proprietary investments in various tradablesecurities. We invest in both securities and derivatives with sufficient liquidity. The investment strategies aremostly to earn arbitrage gain done based on analysis and investment rationale. With a plan to further diversifythe operations of the company from share trading and brokering service our company has entered into theResearch Analysis business and also applied for the registration for Portfolio management services.Our Promoters Mr. Parveen Gupta, Mr. Rajesh Gupta, Mr. Sachin Gupta and Mr. Yash Pal Gupta areresponsible for the growth achieved by the company in the past. With the experience and knowledge of ourpromoters about the intricacies of the Indian Stock Market, we have received the support and guidance becauseof which we were able to grow our turnover in leaps and bounds. Our Promoters’ unique ideas and innovativesolutions to the various operational problems along with the hardworking team are the main strength of ourCompany.For the Fiscal year ended on March 31, 2017, March 31, 2016, March 31, 2015 and March 31, 2014 our totalrevenue stood at 10635.98 Lakhs, 6065.07 Lakhs, 3009.78 lakhs & 1820.72 Lakhs respectively. Further, ourEAT for the Fiscal year ended on March 31, 2017, March 31, 2016, March 31, 2015 and March 31, 2014 were813.82 Lakhs 627.75 Lakhs, 334.71 Lakhs & 57.04 Lakhs respectively. We have been able to increase ourrevenue at an annual growth rate of 55.47 % from fiscal 2014 until fiscal 2017..
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Promoter's Holding
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Total Share Capital
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18256396
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Offered to Public
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6432000
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Promoter's Holding (Pre-Issue)
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98.72
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Promoter's Holding (Post-Issue)
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72.7
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Address |
1701-1703 17th Floor Dalal Street Commercial Co-operative Society Limited Road 5 E Block 53 Zone 5 Gift City
Gandhinagar,
Gujarat,
382355
Phone :
Email : info@shareindia.com
Website : www.shareindia.com
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Registrar |
Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village Opp: Yashoda Hospital Raj Bhavan Road Somajiguda Hyderabad
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Listed at |
BSE
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Lead Manager |
Hem Securities Ltd.
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Promoters |
Parveen Gupta Rajesh Gupta Sachin Gupta Yashpal Gupta
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