Pune E-Stock Broking Limited (PESB) is a corporate broking house.
The company offers:
- Client Broking: Where users can invest or trade in shares via PESB’s platform, receiving real-time quotes, easy execution via mobile app, website or call, the latest market news and updates, and the service of support staff.
- Depository facility: The company also offers a depository facility to Equity trading clients as part of an integrated service offering through CDSL. The company has a client base of 23,155 active clients in its Depository.
- Mutual funds: The company offers various mutual fund investment options in equity, debt, and hybrid funds.
- Corporate Deposits: Investors can make corporate deposits directly through the company’s website or use the convenience of online investment platforms or brokers to facilitate their investments.
- Currency trading services: The company offers foreign exchange trading through multiple trading channels, creating unique investment opportunities and limitless creativity for hedging, speculation, and portfolio diversification.
The company offers its services via its web-based trading platform Aero and its mobile trading app. Users can manage their investments, keep up to date with market trends and make trades on the go.
In FY 2023, the company has 79 employees, including directors and KMP, administrative/managerial staff and unskilled workers.
Pune E-Stock Broking IPO – Details
| IPO Opening Date | 07 March 2024 |
| IPO Closing Date | 12 March 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 46,06,400 Shares Worth ₹38.23 Crore Fresh Issue: 46,06,400 Shares Worth ₹38.23 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹78 – ₹83 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Pune E-Stock Broking IPO – Date Schedule
| IPO Open Date | 07 March 2024 |
| IPO Close Date | 12 March 2024 |
| Basis of Allotment | 13 March 2024 |
| Initiation of Refund | 14 March 2024 |
| Credit of Shares to Demat Account | 14 March 2024 |
| IPO Listing Date | 15 March 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 12, 2024 |
Pune E-Stock Broking IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | ₹1,32,800 |
| Retail (Maximum) | 1 | 1600 | ₹1,32,800 |
| HNI (Minimum) | 2 | 3200 | ₹2,65,600 |
Competitive Strengths
- Experienced Promoters and management team.
- Diversified yet integrated mix of business.
- Long term relationship with the clients.
- Strong Risk Management System.
Company Promoters
- Mr. Vrajesh Krishnakumar Shah
- Mr. Devendra Ramchandra Ghodnadikar
- Mr. Vrajesh Navnitbhai Shah
- Mr. Sandip Sunderlal Shah
- Mr. Paresh Sunderlal Shah
Object Of The Issue
- To meet working capital requirements; and
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 34.74 | 26.03 | 6.50 | 11.95 |
| 31 March 2022 | 46.65 | 34.04 | 10.12 | 16.40 |
| 31 March 2023 | 41.03 | 28.84 | 9.64 | 18.53 |
| 30 September 2023 | 30.10 | 21.94 | 6.10 | 8.26 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 10.42% |
| ROCE | 13.13% |
| RoNW | 12.60% |
| P/BV | 0.77 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 8.73 | 7.04 |
| P/E (x) | 9.5 | 11.79 |
Pune E-Stock Broking IPO Promoter Holding
| Pre Issue Share Holding | 72.75% |
| Post Issue Share Holding | – |
Pune E-Stock Broking IPO Prospectus
Company Contact Information
| Pune E-Stock Broking Limited 1198 Shukrawar Peth, Shubhash Nagar, Lane No 3, Pune – 411002 Phone: +91-020-41000600 Email: info@pesb.co.in Website: http://www.pesb.co.in/ |
Pune E-Stock Broking IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Pune E-Stock Broking IPO Lead Manager(s)
| 1. Share India Capital Services Private Limited |
Pune E-Stock Broking IPO FAQs
| What is Pune E-Stock Broking IPO? Pune E-Stock Broking IPO is a SME IPO. The issue is priced at ₹78 – ₹83 per equity share. The IPO is to be listed on BSE SME. |
| When Pune E-Stock Broking IPO will open? The IPO is to open on 07 March 2024 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to Pune E-Stock Broking IPO? You can apply Pune E-Stock Broking IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Pune E-Stock Broking IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Pune E-Stock Broking”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Pune E-Stock Broking IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Pune E-Stock Broking”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Pune E-Stock Broking IPO Size? Pune E-Stock Broking IPO size is ₹38.23 crores. |
| What is Pune E-Stock Broking IPO Price Band? Pune E-Stock Broking IPO Price Band is ₹78 – ₹83. |
| What is Pune E-Stock Broking IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,32,800 amount while the maximum bid is 1600 shares with ₹1,32,800. |
| What is the Pune E-Stock Broking IPO Allotment Date? Pune E-Stock Broking IPO allotment date is 13 March 2024. |
| What is the Pune E-Stock Broking IPO Listing Date? Pune E-Stock Broking IPO listing date is 15 March 2024. The IPO is to list on BSE SME. |
