The Pune E Stock Broking IPO started on March 7, 2024, and ended on March 12, 2024. Shares were allocated on March 13, 2024, and refund processes began on March 14, 2024. On March 14, 2024, the shares were credited to investors demat accounts. Pune E Stock Broking was officially listed on the stock exchange on March 15, 2024.
During the IPO, Pune E Stock Broking offered shares at a price range of ₹78 to ₹83 per share, and the lot size was 1600 shares. The total issue size was ₹38.23 crores, with ₹38.23 crores from new shares. The IPO was listed on the BSE SME.
Pune E Stock Broking IPO Subscription Update Video
Pune E Stock Broking IPO Subscription Status
The Pune E Stock Broking IPO on March 12, 2024 was subscribed 371.16 times, with the retail category being subscribed 338.92 times, the NII (Non-Institutional Investor) category being subscribed 775.99 times, the QIB (Qualified-Institutional Buyers) category being subscribed 123.02 times.
| Category | Subscription |
| QIB | 123.02x |
| NII | 775.99x |
| Retail | 338.92x |
| Total | 371.16x |
Pune E Stock Broking IPO Basic Details
| Company Name | Pune E Stock Broking Limited |
| Domain of Company | Stock Broking Company |
| Pune E Stock Broking IPO Open Date | March 7, 2024 |
| Pune E Stock Broking IPO Close Date | March 12, 2024 |
| Pune E Stock Broking IPO Allotment Date | March 13, 2024 |
| Pune E Stock Broking IPO Listing Date | March 15, 2024 |
| Face Value | ₹10 per share |
| Price | ₹78 to ₹83 per share |
| Lot Size | 1600 Shares |
| Issue Size | 4,606,400 shares of ₹10 (aggregating up to ₹38.23 Cr) |
| Fresh Issue | 4,606,400 shares of ₹10 (aggregating up to ₹38.23 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Mr. Vrajesh Krishnakumar Shah, Mr. Devendra Ramchandra Ghodnadikar, Mr. Vrajesh Navnitbhai Shah, Mr. Sandip Sunderlal Shah, Mr. Paresh Sunderlal Shah, and Daidipya Ghodnadikar |
About Pune E Stock Broking Limited
Established in 2007, Pune E-Stock Broking Limited (PESB) is a company that helps people with their stock market needs.
Here’s what PESB provides:
- Easy Investing: Users can invest or trade in shares through PESB’s platform. It’s simple with real-time quotes, easy execution via a mobile app, website, or a call. You also get the latest market news and updates, along with support staff to assist you.
- Depository Service: PESB offers a depository facility for Equity trading clients. This is part of an integrated service through CDSL. Currently, the company has 23,155 active clients in its Depository.
- Mutual Fund Options: PESB provides various mutual fund investment options, including equity, debt, and hybrid funds.
- Corporate Deposits: Investors can make corporate deposits directly through the company’s website or use online investment platforms. Brokers can also facilitate these investments.
- Currency Trading: PESB offers foreign exchange trading through multiple channels, providing unique opportunities for hedging, speculation, and portfolio diversification.
The services are accessible through the web-based trading platform Aero and a mobile trading app. Users can easily manage their investments, stay updated on market trends, and make trades on the go.
As of March 2023, PESB had a total of 60,640 customers spread across more than 10 cities, including authorized persons and direct customers. The company has branches in Ahmedabad and Delhi.
In the fiscal year 2023, PESB had 79 employees, including directors, key management personnel (KMP), administrative/managerial staff, and unskilled workers.
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Pune E Stock Broking IPO FAQs
What is the start and end date of Pune E Stock Broking IPO Subscription?
The Pune E Stock Broking IPO started on March 7, 2024, and ended on March 12, 2024.
When does Pune E Stock Broking IPO Subscription open?
The Pune E Stock Broking IPO open on March 7, 2024.
When does Pune E Stock Broking IPO Subscription close?
The Pune E Stock Broking IPO Close on March 12, 2024.
What is the allotment date of Pune E Stock Broking IPO?
The allotment date for Pune E Stock Broking IPO is March 13, 2024.
When is the initial refund date of Pune E Stock Broking IPO?
The initial Refund date for Pune E Stock Broking IPO is March 14, 2024.
When were the shares credited to investors demat accounts for the Pune E Stock Broking IPO?
The shares for the Pune E Stock Broking IPO were credited to investors demat accounts on March 14, 2024.
When will Pune E Stock Broking IPO be listed on the stock market?
Pune E Stock Broking IPO stock market will be listed on March 15, 2024 at 10 am.
What was the price range of the Pune E Stock Broking IPO shares?
The Pune E Stock Broking IPO shares were offered at a price range of ₹78 to ₹83 per share.
What was the lot size for the Pune E Stock Broking IPO shares?
The lot size for the Pune E Stock Broking IPO shares was 1600 shares.
What was the total issue size of the Pune E Stock Broking IPO?
The total issue size of the Pune E Stock Broking IPO was ₹38.23 crores.
On which stock exchanges was the Pune E Stock Broking IPO listed?
The Pune E Stock Broking IPO was listed on the BSE SME.
What is the Pune E Stock Broking IPO Subscription Status?
Pune E Stock Broking IPO is subscribed 371.16 Times.
