SecMark Consultancy Limited IPO (SecMark SME IPO) Detail
Incorporated in 2011, SecMark Consultancy Ltd is a Mumbai-based financial service company. It is a one-stop-shop that offers multiple services in the area of setting up a business to regulatory registration, software development, compliance, outsourcing, risk management, taxation, and legal matters.
In FY 2019-20, company has serviced more than 200 clients including stock and commodity brokers, depository participants, investment advisors, research analysts, wealth managers, stock exchanges, corporate agents, insurance brokers, banks, NBFCs, etc. are the key corporate clients of SecMark Consultancy. Angel Broking, 5paisa Capital Ltd, BSE Limited, A.K. Capital Services Ltd, ICICI Securities Ltd, TCS Ltd, Zerodha Investment Advisors LLP, etc. are few of the names of SecMarket client base.
Company has nationwide footprints through local representatives at New Delhi, Indore, Ahmedabad, Jaipur, Chandigarh, Bangalore, Raipur, and others.
Competitive Strength
• Large client base
• Diversified products & service portfolio
• Highly qualified and experienced team
Company Promoters:
Mrs. Indira Vijay Ramaiya and Mrs. Ilaben Jaswantlal Shah are the promoters of SecMark Consultancy Ltd.
Company Financials:
| Particulars | For the year/period ended (₹ in lakhs) | ||||
|---|---|---|---|---|---|
| 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |||
| Total Assets | 610.80 | 492.43 | 293.38 | ||
| Total Revenue | 574.74 | 389.99 | 329.33 | ||
| Profit After Tax | 116.32 | 96.97 | 86.59 | ||
Objects of the Issue:
The key objectives of SecMark Consultancy Ltd (SCL) IPO are as follows:
• To finance development or/and procurement of new technology, software, application, etc. including strategic acquisitions in the technology space.
• To expand SCL leadership team
• To acquire certain fixed assets
• To repay bank loans, and
• To meet general corporate expenditures
SecMark SME IPO Details
| IPO Date | Sep 18, 2020 - Sep 23, 2020 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 1,114,000 Eq Shares of ₹10 (aggregating up to ₹15.04 Cr) |
| Face Value | ₹10 per equity share |
| IPO Price | ₹135 per equity share |
| Market Lot | 1000 Shares |
| Min Order Quantity | 1000 Shares |
| Listing At | BSE SME |
SecMark SME IPO Lot Size and Price (Retail)
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1000 | ₹135,000 |
| Maximum | 1 | 1000 | ₹135,000 |
SecMark SME IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding |