About the Company:
Share India Ltd is currently engaged in the business of equity broking, investing and trading activities. Along with this they are also providing the services as a Depository Participant, Research Analyst, Mutual Fund,Distributor and also an application has been filed with Securities and Exchange Board of India for the registration of Company as a Portfolio Manager.
Company got registered with SEBI as Stock Broker (Member of BSE) in the year 2000 and started the Stock Brokering operations.
Later during the year 2007-08 they got registered as a trading and clearing member of Bombay Stock Exchange (BSE).Post the merger of the company they got registered with SEBI as Stock Broker, Trading and Clearing Member of National Stock Exchange of India (NSE) in the year 2012.
Currently, The Company is providing broking services in Equity, Currency derivative and Future & Options segment of National Stock Exchange of India Limited and BSE Limited.
Company mainly focusses on trading and broking segment particularly for High Net worth clients. Further, in order to target new HNI & retail customers and to expand the business operations,they setup their branches in New Delhi and Noida.
Currently they have a network of around 5 sub brokers and 173 Authorised persons registered with them in BSE and 03 sub brokers and 163 Authorized persons in NSE all over India catering to the needs of the clients.
Company is a member of BSE and NSE for trading in Equity market.Company caters to the needs of the clients i.e. corporate, high net worth individuals and retail investors in the secondary market segments (Cash, F&O and CD).
Depository Participant is an agent of the depository and can offer depository related services.They offer depository facility to their equity trading clients as a part of integrated service offering through CDSL, where the Company is registered as depository participant.
Company is also into distribution of Mutual funds.They offer various options of investments in Mutual Funds, Tax saving ELSS Schemes, etc.They have utilised their strength of network, client’s specially high net worth individuals and corporates with high liquidity for distribution of financial products.
CERTIFICATIONS & RECOGNITION RECEIVED BY THE COMPANY:
Company has been accredited with certificate for being among the top performing members for the year 2015-16 in equity , equity derivatives segment & Currency derivative segment of the National Stock Exchange of India Limited.
Major Products & Services:
- Equity Broking.
- Depository Services.
- Distribution of Mutual Funds.
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Management Team:
- Mr. Parveen Gupta (Designation: Chairman and Managing Director)
- Mr. Sachin Gupta (Designation: Whole Time Director)
- Mr. Rajesh Gupta (Designation: Whole Time Director)
TOP 10 Shareholders:
| Sr.No. | Shareholder Name | Number of Equity Shares held | Percentage of Equity Share Capital % |
|---|---|---|---|
| 1. | Mr. Rajesh Gupta | 19,86,068 | 10.74 |
| 2. | Mr. Parveen Gupta | 18,33,200 | 9.91 |
| 3. | Mrs. Saroj Gupta | 1,733,600 | 9.37 |
| 4. | Mrs. Rekha Gupta | 1,700,388 | 9.19 |
| 5. | Mr. Rachit Gupta | 1,658,400 | 8.97 |
| 6. | Mr. Yash Pal Gupta | 15,70,600 | 8.49 |
| 7. | Mrs. Tripti Gupta | 1,427,600 | 7.72 |
| 8. | Mr. Saurabh Gupta | 1,364,412 | 7.38 |
| 9. | Mr. Rohin Gupta | 1,323,312 | 7.16 |
| 10. | Mrs. Suman Gupta | 1,282,000 | 6.93 |
| Total | 1,58,79,580 | 85.87% |
Objectives of the Issue:
- Working Capital Requirement.
- Capital Expenditure incurred for Branch expansion and distribution centre.
- Sales and Marketing Expenditure.
- General Corporate Purpose.
- Listing Benefits.
Positives for the Company:
- Experienced Promoters and management team.
- Long Term relationship with clients.
- Entering into new geographies.
- Currently located in Ghaziabad, New Delhi, Jaipur and Mumbai. Plans to establish presence in the western and central region and also intends to set up branch offices in major cities.
Financials of the Company:
| (in Crores) | FY 13 | FY 14 | FY 15 | FY 16 | FY 17 |
|---|---|---|---|---|---|
| Revenue | 17.36 | 19.12 | 33.37 | 73.99 | 110.14 |
| Net Profit | 1.44 | 0.57 | 3.34 | 6.27 | 8.13 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 21st September 2017 |
| Issue Closes on:. | 26th September 2017 |
| Issue Price | Rs.41 |
| Face Value | Rs.10 |
| Minimum Lot | 3000 |
| Minimum Investment | Rs.1,23,000 |
| Issue Constitutes | 26.33% |
| Issue Size | Rs.26.37 cr |
| Market Cap | Rs.100.14 cr |
| Listing at | BSE SME |
| Equity Shares Offered | 64,32,000 |
| Equity Shares Prior | 1,84,92,588 |
| Equity Shares after the issue | 2,44,24,588 |
IPO Valuation parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 4.34 | 9.32 | 24.63% | 17.87 |
Markets Guruji Opinion:
| IPO View | Apply For: | Expected listing Gain: |
|---|---|---|
| Subscribe | Listing Gain | 20% |
