PUNE E – STOCK BROKING IPO Details, Date, Review, Price

PUNE E – STOCK BROKING IPO Details, Date, Review, Price
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OUR BUSINESS

Pune E – Stock Broking Limited (PESB) is a company known for its significant presence and achievements. Founded in 2007, Pune E – Stock Broking Limited (PESB) embarked on a remarkable journey that has been characterized by a series of strategic amalgamations, pioneering IT initiatives, and an unwavering commitment to expanding its reach and influence within the financial services sector.

This comprehensive profile provides a detailed exploration of the pivotal milestones that have not only defined PESB’s extraordinary trajectory over the years but have also contributed to its enduring success.

Share India Capital Services Private Limited is the running Lead Manager of the Pune E- Broking IPO, Bighare Private Limited is the Registar For the Issue Application.

PUNE E-STOCK BROKING IPO DATE & PRICE BAND DETAILS

IPO Open Date March 7, 2024
IPO Close DateMarch 12, 2024
IPO SizeApprox ₹38.23 Crores
IPO Face Value ₹10 Per Equity Share
IPO Price Band₹78 to ₹83 Per Every Share
IPO Listing OnBSE SME
IPO Retail Quota35%
IPO QIB Quota50%
IPO NII Quota15%

PUNE E-STOCK BROKING IPO MARKET LOT DETAILS

ApplicationLot SizeSharesAmount
Retail Minimum11600₹132,800
Retail Maximum11600₹132,800
S-HNI Minimum13200₹265,600

Our Progress

  •  Pune E – Stock Broking Limited commenced in 2007, a pivotal year in the evolution of the Indian financial services sector. Established by forward-thinking pioneers who discerned the possibilities for ground-breaking advancements in stock broking.
  •  We obtained registration with SEBI as Stock Broker (Member of BSE and NSE) in the year 2008.
  •  PSE securities Limited and Vraj Share Services Private Limited was merged into our Company vide order of National Company Law Tribunal, Mumbai Bench dated September 21, 2017.
  • By 2019, PESB had set its sights on expanding into the commodity trading arena. The company became a member of The Multi Commodity Exchange of India Limited (MCX), which marked a significant milestone. This strategic move not only broadened PESB’s market reach but also allowed it to provide a broader spectrum of services to clients, including those interested in commodities.
  •  In 2020, the company underwent a transformation by becoming a “Limited” entity, symbolizing its enduring stability and commitment to long-term success. This move demonstrated PESB’s readiness to take on new challenges and explore avenues for expansion. Further, we launched a Trading App and ODIN web.
  • Pune E – Stock Broking Limited continued to evolve, its commitment to putting clients at the centre of its operations became increasingly evident. With a network of over 150 Authorized Persons and a trading client base exceeding 50,000, PESB’s influence expanded substantially, especially in the post-Covid era. The company’s focus on being client-centric was evident in its efforts to provide personalized services and tailor-made solutions to meet the financial goals of its clients.

PUNE E-STOCK BROKING IPO ALLOTMENT & LISTING DATE (DETAILS)

IPO Open DateMarch 7, 2024
IPO Close DateMarch 12, 2024
Basis of AllotmentMarch 13, 2024
RefundsMarch 14, 2024
Credit to Demat AccountMarch 14, 2024
IPO Listing DateMarch 15, 2024

Our Products & Services .

For the month of September 2023, we attained a volume of Rs. 125,007.68 Lakhs specifically in the cash segment and Rs. 143,150.84 Lakhs in the Futures and Options (F&O) Equity Segment & volume of Rs. 48,033.10 Lakhs in Futures and Options (F&O) segment on MCX (our Commodity segment).

1. Client Broking :- We offer facility to invest or trade in stocks using PESB’s platform where one gets real-time quotes,, easy execution through mobile app, website or phone call, latest market news and updates and support staff service for swift experience .Our digital trading platforms, industry expertise, robust tools and honest personalized services help clients in doing their activities efficiently & effectively. We also offer our clients facility to invest in primary markets through IPOs.

2. Depository participant:- We also offer depository facility to our Equity trading clients as a part of integrated service offering through CDSL, where our company is registered as Depository participant. We have a client base of 23,155 active customers in our Depository.

3. Mutual Funds:- We are also into distribution of Mutual funds. We offer various options of investments in Mutual Funds as we are empanelled with multiple AMCs for various product offerings (equity, debt, hybrid) of theirs by which we offer diversified investment opportunities for investors community. . The reasons to invest in Mutual Funds with PESB are that we provide assistance at every step of the investment process, access to multiple mutual fund schemes at one place and regular follow-up & updations on portfolio.

4. Corporate Deposits:- We offer Corporate Deposits as a distinctive investment service for investors seeking stable returns. Our company deposits present an alternative investment avenue, providing fixed returns that often surpass those offered by traditional bank fixed deposits, contingent on the chosen tenure. This investment option is particularly appealing to individuals with varying risk appetites, as investing in fixed deposits has long been regarded as a secure financial practice. Investors interested in corporate deposits can opt to invest directly through our company’s website or leverage the convenience of online investment platforms or brokers to facilitate their investment journey.

5. Currency Trading:- PESB currency derivatives service offers forex trading through multiple trading channels creating unique investment opportunities and limitless creativity for hedging, speculation and portfolio diversification.

PUNE E-STOCK BROKING FINANCIAL REPORTS

₹ in Crores
YearRevenueExpensePAT
2023₹41.03₹28.84₹9.65
2022₹46.66₹34.05₹10.12
2021₹34.75₹26.03₹6.50

OBJECTS OF ISSUE

  1.  To meet working capital requirements.
  2.  General Corporate Purpose.

OUR COMPNAY PROMOTERS

  • Mr. Devendra Ramchandra Ghodnadikar.
  • Mr. Vrajesh Krishnakumar Shah.
  • Mr. Vrajesh Mr. Navnitbhai Shah.
  • Mr. Sandip Sunderlal Shah .
  • Mr. Paresh Sunderlal Shah.

QUALITATIVE FACTORS

  1.  Experienced Promoters and management team.
  2.  Diversified yet integrated mix of business.
  3.  Long term relationship with the clients.
  4.  Strong Risk Management System.

PUNE E-STOCK BROKING LIMITED COMPANY CONTACT DETAILS

1198 Shukrawar Peth, Shubhash Nagar,
Lane No 3, Pune,
Maharashtra – 411002, India
Tele. No.: +91-020-41000600
E-mail: info@pesb.co.in
Website: www.pesb.co.in

PUNE E-STOCK BROKING LIMITED IPO REGISTAR

Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business Park
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai –400093.
Tel.:+91 22 6263 8200
Contact Person: Jibu John
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

 

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