Share India Securities Ltd, engaged in business of equity broking, investing and trading activities, became two hundredth SME Company to get listed on BSE SME Platform on 5th October 2017. Hon’ble Chief Minister of Maharashtra “Shri Devendra Fadnavis” graced the momentous occasion along with other dignitaries
Share India Securities Ltd stock made a strong debut and surged 20 percent on listing. Stock opened at Rs 44.75 and closed at Rs 49.20 a share.
Share India Securities’ Rs 26.37 cr IPO comprised 64,32,000 Equity Shares of face value of Rs. 10 each at price of Rs. 41 was subscribed 3.87 times, as per data available on BSE SME Exchange on the issue closing day (26th September 2017).
The Lead Manager to the Issue is Hem Securities Limited, a leading player in SME IPOs and the Registrar to the Offer is Bigshare Services Pvt. Ltd.
For the Fiscal year ended on March 31, 2017and March 31, 2016, total revenue for Share India stood at Rs106.36cr, Rs69.65cr respectively. Further, EBITDA for the year ended March 31, 2017 and March 31, 2016was Rs13.71cr crore and Rs9.97cr respectively. Company’s PAT stood at Rs 8.14 crore in FY 2017and Rs 6.28 crore in FY 2016respectively.
For more information, please contact: Mr. Aryan Prem Rana, AARYANA MATASCO at firstname.lastname@example.org