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Pune E-Stock Broking Limited IPO

Pune E-Stock Broking Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 130.00 (+56.63%)

The Initial Public Offering of Pune E-Stock Broking Limited's culminated in its successful listing on 15-03-2024 at the BSE trading platform. The company secured 46,06,400 Shares through this capital market exercise, with 46,06,400 Shares allocated to new capital formation.

Investors participated within the price parameters of ₹78 to ₹83, with minimum investment requirements of 1600 shares. The subscription period from 07-03-2024 to 12-03-2024 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on 13-03-2024. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

Pune E-Stock IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Pune E-Stock IPO Key Performance Indicator
Company Financials ( in Lakhs )

Pune E-Stock IPO About Company

Pune E-Stock Broking Limited (PESB), incorporated in 2007, is a corporate broking house offering a comprehensive suite of financial services. Its key offerings include client broking services, allowing users to trade in shares via a mobile app, website, or call with real-time quotes and expert assistance. PESB also provides depository services through CDSL, catering to 23,155 active clients. The company facilitates mutual fund investments across equity, debt, and hybrid categories, alongside offering corporate deposit options for secure investments. Additionally, PESB provides currency trading services, enabling clients to engage in hedging, speculation, and portfolio diversification. The firm's web-based trading platform, Aero, and its mobile trading app ensure seamless access to market trends and investment management. With a workforce of 79 employees in FY 2023, including directors, key managerial personnel, and support staff, PESB continues to deliver efficient and client-focused financial solutions.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Pune E-Stock IPO Strength Factors

  1. Leverage Experienced Leadership for Expansion: Utilize the expertise of the management team to explore new markets, enhance product offerings, and drive innovation in financial services.
  2. Enhance Cross-Selling Opportunities: With a diversified service portfolio, PESB can strategically promote cross-selling between its offerings, such as encouraging brokerage clients to explore mutual funds or corporate deposits.
  3. Strengthen Digital Infrastructure: Investing in digital tools for trading, portfolio management, and risk assessment can improve customer experience, increase efficiency, and enhance risk monitoring.
  4. Deepen Client Relationships: Implement personalized financial advisory services, loyalty programs, and enhanced customer support to further solidify long-term client trust and engagement.

Pune E-Stock IPO Risk Factors

  1. Strengthen Legal and Compliance Framework : Establish a dedicated team to monitor litigation, ensure regulatory adherence, proactively settle disputes, and conduct regular audits to address compliance gaps.
  2. Improve Cash Flow Management : Diversify revenue streams, optimize operational efficiency, and secure long-term funding through strategic partnerships or structured debt instruments to maintain liquidity.
  3. Enhance Corporate Governance : Implement robust internal controls, engage independent auditors to review governance practices, and increase transparency with stakeholders on compliance and risk mitigation.

Pune E-Stock IPO Lead Manager(s)

  • Share India Capital Services Private Limited

Pune E-Stock IPO Promoter(s)

  1. Mr. Vrajesh Krishnakumar Shah
  2. Mr. Devendra Ramchandra Ghodnadikar
  3. Mr. Vrajesh Navnitbhai Shah
  4. Mr. Sandip Sunderlal Shah
  5. Mr. Paresh Sunderlal Shah

Pune E-Stock IPO Company Details

Pune E-Stock Broking Limited
Phone:
address:

Pune E-Stock IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Pune E-Stock IPO FAQs