Pune E-Stock Broking IPO
Pune E-Stock Broking Limited (PESB) is a company established in 2007, specializing in corporate broking services. They offer a range of investment options and services to their clients.
Client Broking: PESB provides a platform for users to invest or trade in shares. This platform offers real-time quotes, and easy execution through mobile apps, websites, or calls, along with market news and support staff assistance.
Depository Facility: PESB offers a depository facility to equity trading clients, integrated with Central Depository Services Limited (CDSL), with a client base of 23,155 active clients.
Mutual Funds: Various mutual fund investment options in equity, debt, and hybrid funds are available through PESB.
Corporate Deposits: Investors can make corporate deposits directly through the company's website or via online investment platforms or brokers.
Currency Trading Services: PESB offers foreign exchange trading through multiple channels, allowing for hedging, speculation, and portfolio diversification.
Trading Platforms
PESB provides its services through its web-based trading platform Aero and a mobile trading app. Users can manage investments, stay updated with market trends, and execute trades conveniently.
Objectives of the IPO
The net proceeds from the IPO will be utilized for the following purposes:
Working Capital Requirements
General Corporate Purposes
Public Issue Expenses
Pune E-Stock Broking IPO Details Dates: 7 to 12 March 2024
Price Band: ₹78 to ₹83 per share
Lot Size: 1600 shares
Amount Per Lot: ₹1,32,800
Retail Quota: 30%
GMP: +75% (For informational purposes only)
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