East India Securities Ltd.

Issue Open Date 05-Mar-18  
Issue Closing Date 07-Mar-18  
Application Money 100  
Allotment Money  
Price Band (Rs.) 920 -  
Minimum Bid Quantity 160  
Issue Size (Shares) 1008000  
Market Lot 1  
Objective :

The objects of the Offer are to achieve the benefits of listing the Equity Shares on the SME Platform of BSE and to carry out the sale of 10,08,000 Equity Shares by the Selling Shareholders. The listing of the Equity Shares will enhance our brand name and provide liquidity to the existing shareholders. The listing of the Equity Shares will also provide a public market for the Equity Shares in India. Our Company will not receive any proceeds from the Offer. For further details, see the section titled “The Offer” on page 42 of this Prospectus.Our Company expects that listing of the Equity Shares will enhance our visibility and brand and provide liquidity to its existing shareholders and holders of options granted by our Company. Listing will also provide a public market for the Equity Shares in India. Our Company will not receive any proceeds from the Offer. All proceeds from the Offer will go to the Promoter Selling Shareholders, in proportion to the Equity Shares offered by the respective Promoter Selling Shareholder in the Offer for Sale.

Business Description

Our Company was incorporated as “East India Securities Private Limited” with the Registrar of Companies, West Bengal, on June 08, 1995, as a Private Limited Company. Subsequently,...

Promoter's Holding
Total Share Capital   3667000  
Offered to Public   1008000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   72.52  
Address
10/1d Lal Bazar Street , Mercantile Building ,
Kolkata,
West Bengal,
700001
Email : sme.ipo@eisec.com
Website : www.eisec.com
Registrar
Cameo Corporate Services Ltd
Subramanian Buildings No 1 , Club House Road , , Chennai
Listed at
BSE
Lead Manager
Finshore Management Services Ltd.
Promoters
Lakshmendra Kumar Agarwal, Vivek Agarwal
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