Indo Thai Securities IPO (Initial Public Offering) : Listing on 2nd November 2011

by khalid on 31/10/2011 · 1 comment

Indo Thai Securities Limited has informed the share market (BSE/NSE) that the shares of its recent Initial Public Offering (IPO) will list on 2nd November 2011. The IPO was open between 30th Sep 2011 to 5th Oct 2011. The price band of the issue was Rs 70 to Rs 84 and the Issue Price was fixed at middle level of the price band, Rs 74 per equity share. The company had entered into primary market with an Initial Public Offering (IPO) of Rs 29.60 Crore. Indo Thai Securities Limited is providing trading services in Indian Equity Market (BSE and NSE), Future & Options and Currency Derivatives Segments. The parent group of Indi Thai Securities is Indo Thai group which has 13 financial companies under its umbrella. Company also provides depository services through Central Depository Services (India) Limited. Other services offered by Indo Thai Securities includes Mutual Fund Service System (MFSS) & Interest Rate Futures (IRF) from NSE.

IPO Listing Detail :-
Listing Date: 2nd November 2011
BSE Scrip Code : 533676
ISIN : INE337M01013
Issue Price : Rs. 74.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

The IPO proceeds will be used by Flexituff International Limited to funding am expansion of manufacturing facilities at SEZ and DTA units at Pithampur, setting up of Dripper Project at Kashipur, working capital requirements, general corporate purposes and to meet Issue expenses.

The equity shares offered through the IPO are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

The Sole Book running lead manager to the issue is Corporate Strategic Allianz Limited.

Registrar of the Issue : Sharepro Services Private Limited, Mumbai.

Stay tuned to BelltheBull Blog for more on Indo Thai Securities IPO !

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