East India Securities Ltd incorporated in 1999 based in Kolkata. East India Securities company is engaged in broking business. They have a big name in clearing member of equity derivatives in NSE and currency derivatives in NSE/MCX/USE in East India. They are also engaged in business of Mutual Fund Advisor and a member of AMFI. They have clients like public banks, private banks, insurance companies, mutual funds, AIFs and FPIs as well. East India Securities ipo is starting from 05 March and ends on 07 March. The price band is around Rs.920 with 160 market lot. The ipo size is around 92.74 crore rupees.

IPO Review:
  • Apply for Long Term
East India Securities IPO Dates & Price Band:
  • IPO Open: 05 March 2018
  • IPO Close: 07 March 2018
  • IPO Size: Approx Rs 92.74 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs 920 Per Equity Share
  • Listing on: BSE SME
  • Shares: 1,008,000
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 160 Shares (Minimum Lot Size)
  • Amount: Rs.1,47,200
Financial Results:

Rs. in Crore

2013 2014 2015 2016 2017
Revenues 36.0 37.1 40.1 33.4 44.5
Expenses 19.1 16.1 19.2 11.8 10.4
PAT 12.0 15.9 15.0 15.9 27.7

Grey Market Premium:
  • The grey market is around N/A Subject to Sauda.
East India Securities IPO Subscription Status:
  • IPO Subscribed 1.65 times overall
East India Securities IPO Allotment Status:
Company Promoters:
  • Mr. Vivek Agarwal
  • Mr. Lakshmendra Kumar Agarwal
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Cameo Corporate Services Limited
Phone: +91-44-28460390
Fax: +91-44-28460129
Email: investor@cameoindia.com
Website: http://www.cameoindia.com
IPO Lead Managers:
  • Finshore Management Services Limited
Company Address:
East India Securities Ltd
10/1D Lal Bazar Street,
Mercantile Building,
Kolkata- 700001
Phone: +91 (033) 40205929
Fax: : +91 (033) 23586631
Email: sme.ipo@eisec.com
Website: http://www.eisec.com

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