Breaking News

IPO WATCH:Secmark Consultancy Ltd’s IPO to launch on September 18, 2020

0 0

SecMark Consultancy Limited IPO (SecMark SME IPO) Detail

Sep 18, 2020 – Sep 23, 2020

Incorporated in 2011, SecMark Consultancy Ltd is a Mumbai-based financial service company. It is a one-stop-shop that offers multiple services in the area of setting up a business to regulatory registration, software development, compliance, outsourcing, risk management, taxation, and legal matters.

In FY 2019-20, company has serviced more than 200 clients including stock and commodity brokers, depository participants, investment advisors, research analysts, wealth managers, stock exchanges, corporate agents, insurance brokers, banks, NBFCs, etc. are the key corporate clients of SecMark Consultancy. Angel Broking, 5paisa Capital Ltd, BSE Limited, A.K. Capital Services Ltd, ICICI Securities Ltd, TCS Ltd, Zerodha Investment Advisors LLP, etc. are few of the names of SecMarket client base.

Company has nationwide footprints through local representatives at New Delhi, Indore, Ahmedabad, Jaipur, Chandigarh, Bangalore, Raipur, and others.

Competitive Strength

• Large client base
• Diversified products & service portfolio
• Highly qualified and experienced team

Company Promoters:

Mrs. Indira Vijay Ramaiya and Mrs. Ilaben Jaswantlal Shah are the promoters of SecMark Consultancy Ltd.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 610.80 492.43 293.38
Total Revenue 574.74 389.99 329.33
Profit After Tax 116.32 96.97 86.59

Objects of the Issue:

The key objectives of SecMark Consultancy Ltd (SCL) IPO are as follows:
• To finance development or/and procurement of new technology, software, application, etc. including strategic acquisitions in the technology space.
• To expand SCL leadership team
• To acquire certain fixed assets
• To repay bank loans, and
• To meet general corporate expenditures

SecMark SME IPO Details

IPO Date Sep 18, 2020 – Sep 23, 2020
Issue Type Fixed Price Issue IPO
Issue Size 1,114,000 Eq Shares of ₹10
(aggregating up to ₹15.04 Cr)
Face Value ₹10 per equity share
IPO Price ₹135 per equity share
Market Lot 1000 Shares
Min Order Quantity 1000 Shares
Listing At BSE SME

SecMark SME IPO Lot Size and Price (Retail)

Application Lots Shares Amount (Cut-off)
Minimum 1 1000 ₹135,000
Maximum 1 1000 ₹135,000

SecMark SME IPO Promoter Holding

Pre Issue Share Holding 100%
Post Issue Share Holding

About Post Author

Team Bulls Wire

0 %
0 %
0 %
0 %
0 %
0 %

Average Rating

5 Star
4 Star
3 Star
2 Star
1 Star

Leave a Reply

Your email address will not be published. Required fields are marked *