The Indo Thai Securities IPO is a book-built offering worth Rs 29.60 crore. Bidding for the Indo Thai Securities IPO began on September 30, 2011 and finished on October 5, 2011. On November 2, 2011, the shares were listed on the BSE and NSE. The pricing range for Indo Thai Securities IPO is set at $70 to $84 per share. An application requires a minimum lot size of 80 shares. Retail investors must make a minimum investment of $6,720.
Indo Thai Securities, founded in 1995, is an India-based stock brokerage firm that offers trading services in the Indian equity markets (BSE and NSE), futures and options, and currency derivatives. Indi Thai Securities is part of the Indo Thai group, which includes 13 financial enterprises. Through Central Depository Services (India) Limited, the company also provides depository services. Indo Thai Securities also provides Mutual Fund Service System (MFSS) and Interest Rate Futures (IRF) via the NSE.
The company’s services are aimed at high-net-worth individuals and retail investors throughout India. The company operates its business from Indore, MP, and from more than 60 sites in six Indian states, including 14 branches throughout the country.
Indo Thai Securities IPO Details
| IPO Date | September 30, 2011 to October 5, 2011 |
| Listing Date | November 2, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹70 to ₹84 per share |
| Lot Size | 80 Shares |
| Total Issue Size | 4,000,000 shares (aggregating up to ₹29.60 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Indo Thai Securities IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 80 | ₹6,720 |
| Retail (Max) | 29 | 2320 | ₹194,880 |
Indo Thai Securities IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 2,000,000 (50.00%) | NA |
| NII (HNI) Shares Offered | 600,000 (15.00%) | |
| Retail Shares Offered | 1,400,000 (35.00%) | 17,500 |
| Total Shares Offered | 4,000,000 (100%) |
Objects of the Issue (Indo Thai Securities IPO Objectives)
The objects of the issue are as follows:
- Expansion and upgradation of our Existing Branches and Set up Network of Branches
- Purchase of Office space for Mumbai regional office
- Purchase & set up of Office space for Corporate office
- Brand Building & Advertising
- Augmenting Long Term Working Capital Requirement
- General Corporate Purpose
Indo Thai Securities IPO Listing Details
| Listing Date | November 2, 2011 |
| BSE Script Code | 533676 |
| NSE Symbol | INDOTHAI |
| ISIN | INE337M01013 |
| Final Issue Price | ₹74 per share |
Indo Thai Securities Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹74.00 | ₹74.00 |
| Open | ₹75.00 | ₹76.00 |
| Low | ₹18.10 | ₹18.85 |
| High | ₹99.10 | ₹98.90 |
| Last Trade | ₹23.00 | ₹23.15 |
Indo Thai Securities Limited Contact Details
Indo Thai Securities Limited
16, 4th Floor, Dawa Bazar
R.N.T. Marg, Indore-452001
Madhya Pradesh, India
Phone: +91 -731- 2705420/22
Email: [email protected]
Website: http://www.indothai.co.in
Indo Thai Securities IPO Registrar
ShareproShare Services Private Limited
Phone: 9999999999
Email: [email protected]
Indo Thai Securities IPO FAQs
Q1. What is Indo Thai Securities IPO?
Ans. Indo Thai Securities IPO is a main-board IPO of 4,000,000 equity shares of the face value of ₹10 aggregating up to ₹29.60 Crores. The issue is priced at ₹70 to ₹84 per share. The minimum order quantity is 80 Shares. The IPO opens on September 30, 2011, and closes on October 5, 2011.
Q2. When Indo Thai Securities IPO will open?
Ans. The Indo Thai Securities IPO opens on September 30, 2011 and closes on October 5, 2011.
Q3. What is the lot size of Indo Thai Securities IPO?
Ans. Indo Thai Securities IPO lot size is 80 Shares, and the minimum amount required is ₹6,720.
Q4. When is Indo Thai Securities IPO listing date?
Ans. The Indo Thai Securities IPO listing date is on November 2, 2011.
