Indo Thai Securities IPO, Review, IPO Performance by IPOPlatform India

About Indo Thai Securities

Company Information

serves as the flagship enterprise of the Indo-Thai Group and is professionally managed under the leadership of Mr. Parasmal Doshi and Mr. Dhanpal Doshi, who are the founder-promoters and possess professional qualifications. Through their extensive experience, they have significantly contributed to the company's growth.
Incorporated as a public limited company in 1995, the company commenced operations by obtaining corporate membership of the National Stock Exchange of India Limited and securing SEBI registration as a Trading Member in September 1995. The company provides a wide range of financial services under one roof, offering diverse trading services in equity, futures and options, and currency derivatives segments. Additionally, the company holds membership in the United Stock Exchange of India Limited for currency derivatives.
The organization is a member

Object of Issue

Expansion and upgradation of their Existing Branches and Set up Network of Branches
Purchase of Office space for Mumbai regional office
Purchase & set up of Office space for Corporate office
Brand Building & Advertising
Augmenting Long Term Working Capital Requirement
General Corporate Purpose

Indo Thai Securities MainBoard IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

Nov, 2011

IPO Size :

29.60 Cr.

IPO Subscription :

1.18 X

PE Multiple :

4.49

Merchant Banker :
Corporate Strategic Allianz Limited

IPO Registrar:
Sharepro Services Private Limited

FAQs

1. What is Indo Thai Securities IPO?

Indo Thai Securities operates in Banking And Finance and Financial Sector Related Services. The Issue is listed on MainBoard in Nov, 2011. Indo Thai Securities IPO size was 29.60 Cr. with Issue price of 74.00 .

2. Who is the merchant banker of Indo Thai Securities IPO?

Merchant Banker(s) of Indo Thai Securities IPO: Corporate Strategic Allianz Limited

3. How many times Indo Thai Securities IPO was subscribed?

Indo Thai Securities IPO subscription was 1.18 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Indo Thai Securities IPO?

Indo Thai Securities IPO listed at a listing price of 23.00 against the offer price of 74.00.

5. What is the current market price of Indo Thai Securities IPO?

The current market price of Indo Thai Securities is 1998.80.