Pune E-Stock Broking IPO: Check GMP, subscription status on day 1, other key details to know
₹78 to ₹83 apiece of face value of ₹10 each. The lot size consists of 1,600 shares. Investors can bid for a minimum of 1,600 shares and in multiples thereof.
It reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors. The market maker category has been reserved upto 6,91,200 equity shares or 15% of the issue. Also Read: Pune E-Stock Broking IPO: Price band, issue size, GMP, key details to know Pune E-Stock brokerage Ltd is a corporate brokerage business, as stated in the Red Herring Prospectus (RHP).
Through CTCL (Computer to Computer Link) Terminals, Web Interfaces, and Mobile Apps (Android & iOS), the firm primarily provides its clients with a platform for trading Equity, Futures & Options, Currency, and Commodities with the Stock Exchange (NSE, BSE, MCX). The clientele of the company consists of both direct clients and authorised persons, dispersed over more than ten cities. As of March 2023, the total number of clients was 60,640.
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