Pune E-Stock Broking IPO Details:
The IPO launch of Pune E-Stock Broking Limited on the esteemed BSE SME Exchange has been announced. This IPO has a total issue size of ₹38.23 crores, all of which are new issues. The period for submitting an IPO application is March 7–12, 2024. The offer price for this initial public offering (IPO) varies from ₹78 to ₹83 per share, with a lot size of 1600 shares, or as mentioned in the offer documents. Each share is valued at ₹10.for more updates.
Details of Pune E-Stock Broking IPO
- Issue Opening Date: 07-03-2024
- Issue Closing Date: 12-03-2024 Issue Price: ₹78.00-83.00 Per Share
- IPO Listing At: BSE SME
- Retail Quota: Not less than 35.00% of the Offer Issue Type: Book Build Issue
- Issue Size: ₹38.23 Cr
- Fresh Issue: ₹38.23 Cr
- Face Value: ₹10 Per Equity Share
Dates of the Pune E-Stock Broking IPO:
- Basis of Allotment Date*: 13-03-2024
- Refunds Initiation*: 14-03-2024
- Credit of Shares to Demat*: 14-03-2024
- SME IPO Listing Date*: 15-03-2024
Lots of Pune E-Stock Broking IPO:
- Issue Price: ₹78.00-83.00
- Market Lot: 1600 Shares
- 1 Lot Amount: ₹132800
- Min HNI Lots: 3200 shares (2 lots)
GMP of Pune E-Stock Broking IPO
Pune E-Stock Broking IPO most recent GMP, as of 02/29/2024 at 09:54 PM, is ₹83. The expected listing price of the Pune E-Stock Broking SME IPO, with a price band of 83.00, is ₹166 (cap price + today’s GMP).100.00% is the anticipated gain/loss per share. for more updates
About Company – Pune E-Stock Broking
The year that Pune E-Stock Broking Private Limited was established was 2007. According to the Memorandum of Association, the company’s main goals are to make buying and selling transactions easier by operating as brokers and sub-brokers and dealing in stocks, shares, deposits, units, mutual funds, bonds, debentures, and other financial instruments that can be either physical or dematerialized.
Furthermore, in accordance with applicable laws and standards, the business is permitted to register with stock exchanges, pertinent authorities, and the Securities and Exchange Board of India as a broker, sub-broker, and member.
Pune IPO Strengths – E-Stock Brokerage
- Management team and promoters are very experienced
- A mixed business that is both integrated and diverse.
- enduring connection with the clients
- strong team for risk management
Sona Machinery IPO Details
The IPO launch of Sona Machinery Limited has been announced on the esteemed NSE SME Exchange. This IPO has a total issue amount of Rs. 51.82 crore, all of which is new issuance. The period for submitting an IPO application is March 5, 2024, through March 7, 2024. The offer price for this initial public offering (IPO) is between Rs. 136 and Rs. 143 per share, with a lot size of 1000 shares as stated in the offer document. Each share is priced at Rs. 10.
Sona Machinery IPO brings exciting opportunities for investors:
- Opening Date: 5th March 2024
- Closing Date: 7th March 2024
- Issue Price: ₹136.00-143.00 Per Share
- Listing: NSE SME
- Retail Quota: Not less than 35.00% of the Offer
- Issue Type: Book Build Issue
- Issue Size: ₹51.82 Cr
- Fresh Issue: ₹51.82 Cr
- Face Value: ₹10 Per Equity Share
- Discount: To be determined
- Promoter Holding Pre IPO: 100.00%
Don’t miss your chance to be part of this dynamic opportunity!”
Mark your calendars for these key dates in the Sona Machinery IPO journey:
- Basis of Allotment Date: 11th March 2024
- Refunds Initiation: 12th March 2024
- Credit of Shares to Demat: 12th March 2024
- IPO Listing Date: 13th March 2024
Stay tuned for an exciting journey ahead!
Unlock the potential of Sona Machinery IPO with these lot details:
- Issue Price: ₹136.00-143.00
- Market Lot: 1000 Shares
- 1 Lot Amount: ₹143,000
- Minimum HNI Lots: 2000 shares (2 lots)
Invest wisely and seize the opportunity!”
GMP of Sona Machinery IPO
The Sona Machinery IPO most recent GMP, as of March 1, 2024, 08:58 AM, is ₹40. The expected listing price of Sona Machinery SME IPO, with a price band of 143.00, is ₹183 (cap price + today’s GMP).It is anticipated that each share would earn or lose 27.97%.for more updates
About Company – Sona Machinery
Sona Machinery Limited is a multifaceted agricultural processing machinery company that was founded in February 2019. Producing machinery for processing rice, pulses, wheat, spices, millets, and other materials is our area of expertise. Grain precleaning machines, vibrators, destoners, and rotary drum cleaners are some of the products we provide. In addition, we provide rice mills and ethanol distilleries with rice dehuskers, bran separators, coarse/fine rice graders, rice whiteners, silky polishers, multi-graders, length graders, conveyors, bucket elevators, and other equipment. We provide engineering, commissioning, installation, and monitoring services for machines.
The firm offers a range of tools in its product line, and all of the equipment it manufactures and supplies comes with post-sale services. As of the time this draft red herring prospectus was written, the firm produced and supplied machinery for agricultural processing, including cleaning, grading, mixing, material handling, and other categories.
The firm has received 99.40%, 96.88%, 97.61%, and 97.85% of its total income from domestic sales for the fiscal years ending on August 31, 2023, and 2022, respectively. The products are supplied throughout different areas of India. Furthermore, a little fraction of the company’s merchandise has been shipped to nations such as Bangladesh, Kenya, Nepal, Nigeria, and others.
The Sona Machinery IPO’s advantages
- a varied product line that appeals to a wide variety of consumers.
- consistent product quality is ensured by quality assurance.
- varied income sources from various geographical areas.
- seasoned promoter backed by top management and a sales force with knowledge of the sector.
Goal of Sona Machinery’s IPO
- financing the company’s capital expenditure needs in order to establish a new manufacturing facility in Ghaziabad.
- repayment of the remaining balance on the letter of credit that the business obtained in order to buy machinery.
- Overarching Business Objective
DISCLAIMER:
The financial data shown here should not be interpreted in any manner as advice or as an offer to purchase or sell securities. This publication’s content is only for educational and informative purposes, Before making any actual investment choices based on the information given above, readers should consult a certified financial advisor.