IPO - Initial Public Offers - Indo Thai Securities Ltd IPO - Oct 05, 2011 in IPO's & MF's - Issue Price: Rs. 70 - Rs. 84 Per Equity Share
Issue Detail:
»» Issue Open: Sep 30, 2011 - Oct ...
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09-27-2011 09:42 PM
Indo Thai Securities Ltd IPO - Oct 05, 2011
Issue Price: Rs. 70 - Rs. 84 Per Equity Share
Issue Detail:
»» Issue Open: Sep 30, 2011 - Oct 05, 2011
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 4,000,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 28.00 - 33.60 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 70 - Rs. 84 Per Equity Share
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE, NSE
Incorporated in 1995, Indo Thai Securities is an India based Stock Broking Company providing trading services in Indian Equity Market (BSE and NSE), Future & Options and Currency Derivatives Segments. The parent group of Indi Thai Securities is Indo Thai group which has 13 financial companies under its umbrella. Company also provides depository services through Central Depository Services (India) Limited. Other services offered by Indo Thai Securities includes Mutual Fund Service System (MFSS) & Interest Rate Futures (IRF) from NSE.
Company targets net worth individuals and retail investors across India for its services. Company operates its business from Indore, MP and business from more than 60 locations across 6 States of India including 14 branches in all over India.
Company Promoters:
The promoters of the company are:
1. Mr. Parasmal Doshi
2. Mr. Dhanpal Doshi
Objects of the Issue:
The objects of the issue are as follows:
1. Expansion and upgradation of our Existing Branches and Set up Network of Branches
2. Purchase of Office space for Mumbai regional office
3. Purchase & set up of Office space for Corporate office
4. Brand Building & Advertising
5. Augmenting Long Term Working Capital Requirement
6. General Corporate Purpose
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