SecMark Consultancy was incorporated on August 03, 2011. The company offers services in the areas of compliance, operations, risk management, outsourcing, software development, and legal matters to financial market participants and others.
| Bidding Dates |
|---|
| 18 Sep 2020 - 23 Sep 2020 |
| Subscription |
|---|
| 1.24x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,35,000 | 1 | 1 | 1000 | 1.1 M | ₹135 | 72.99 % | ₹150.4 M | RHP DOC |
SecMark Consultancy IPO SUBSCRIPTION STATUS
23 Sep '20SecMark Consultancy IPO overall subscription rate was 1.24 times the total available shares
SecMark Consultancy IPO retail subscription rate was 1.35 times in the retail segment
SecMark Consultancy IPO non-institutional investor subscription rate was 1.12 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
22 Sep 2020 (Day 3) | 0.9x | 0.28x | - |
23 Sep 2020 (Day 4) | 1.35x | 1.12x | - |
18 Sep 2020 (Day 1) | 0.11x | 0.14x | - |
21 Sep 2020 (Day 2) | 0.59x | 0.23x | - |
SecMark Consultancy FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| FY20 | 11.6 | 56.3 | -2.0 | -2.5 |
| FY19 | 9.7 | 38.3 | 22.0 | 7.3 |
| FY18 | 8.7 | 32.4 | 5.6 | 5.5 |
SecMark Consultancy IPO SUBSCRIPTION STATUS DETAILS
SecMark Consultancy had 1.1 M shares on offer
SecMark Consultancy IPO offer price was ₹135
SecMark Consultancy IPO minimum Investment was ₹135000
SecMark Consultancy IPO issue size was ₹ 150.4 M
SecMark Consultancy had a minimum lot size of 1000 Shares per application
SecMark Consultancy NUMBER OF SHARES ON OFFER
SecMark Consultancy IPO IMPORTANT DATES
| Issue Open Date | 18 Sep 2020 |
| Issue close Date | 23 Sep 2020 |
| Allotment Date | 28 Sep 2020 |
| Refund Date | 30 Sep 2020 |
| Demat Account Credit Date | 30 Sep 2020 |
| Listing Date | 01 Oct 2020 |
| Listing on Exchange(s) | BSE |
| SecMark Consultancy Allotment Status | Exchange |
SecMark Consultancy IPO subscription opened on 18 Sep 2020, and closed on 23 Sep 2020
IPO allotment for SecMark Consultancy was finalized on Monday, 28 Sep 2020
IPO listing for SecMark Consultancy was on BSE on Thursday, 01 Oct 2020
SecMark Consultancy IPO LISTING GAINS
| Issue Price (adjusted) | 54.0 |
| Listing Open Price | 134.0 |
| Listing Close Price | 127.3 |
| Listing Gain% | -0.7% |
| Current Gain% | 135.5% |
SecMark Consultancy Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SecMark Consultancy Ltd. | 127.2 | 52.4 | 51.7 | -1.3 | 3.5 | 11 | 5.3 | 38.8 | 7.8 | 2.6 | -40.2 | 2.5 | -39.6 |
| Tata Consultancy Services Ltd. | 2452.7 | 887408.3 | 17.8 | 16.7 | 3.2 | 45.9 | 27 | 271423 | 4.7 | 49210 | 1.4 | 137.6 | 1.1 |
| Infosys Ltd. | 1175.1 | 476862.2 | 15.7 | 1.4 | 2.6 | 31.7 | 18.9 | 182972 | 9.8 | 29440 | 10.2 | 74.6 | 11.1 |
| HCL Technologies Ltd. | 1356.6 | 368135.8 | 21.1 | 8 | 2.7 | 22.1 | 14.3 | 131674 | 10.2 | 16642 | -4.3 | 64.2 | 2.6 |
| Wipro Ltd. | 187.5 | 185737.1 | 14.1 | -7.8 | 2 | 15 | 9.3 | 96497.7 | 3.8 | 13197.4 | 0.5 | 13.3 | -1.8 |
| Tech Mahindra Ltd. | 1635 | 160243.9 | 31.2 | 2.4 | 2.7 | 16.2 | 9.7 | 56847.3 | 5.6 | 4810.9 | 13.2 | 52.4 | 13.1 |
SecMark Consultancy INFORMATION ON IPO ISSUE
About SecMark Consultancy
SecMark Consultancy was incorporated on August 03, 2011. The company offers services in the areas of compliance, operations, risk management, outsourcing, software development, and legal matters to financial market participants and others.
Object of the Issue
- 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 Consultancy - PROMOTERS
| Name |
|---|
| Indira Vijay Ramaiya |
| Ilaben Jaswantlal Shah |
SecMark Consultancy Lead Manager to the Issue
Indorient Financial Services Limited
wecare@indorient.in
SecMark Consultancy Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
SecMark Consultancy Strengths
Qualified and experienced team
The company is managed by professionals having a varied experience in financial services and exhibits a synergy of both, qualified professionals as well as experienced personnel having diversified experience in the fields of software development, operations, outsourcing, corporate consultancy and compliance, and the like
Diversified portfolio
The company provides various services to leading financial market participants inter-alia
Long-term relationships
Long-term client relationships provide the foundation for the company
SecMark Consultancy Risks
Cyber risk
Significant disruptions in the information technology systems or breaches of data security could adversely affect the business and reputation
Clients subjected to laws
The clients are subject to several laws and regulations, and new laws or regulations or changes to existing laws or regulations could affect clients
IPO FAQs
SecMark Consultancy Ltd. IPO listing opened at Rs 134.00 while the issue price was Rs 135.00 giving -0.74% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 54.00 giving 135.46% gains since its IPO listing.
The promoters of the company are Indira Vijay Ramaiya and Ilaben Jaswantlal Shah.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 135.0 - 135.0.
The IPO application opens on Sep 18, 2020 and closes on Sep 23, 2020.
The minimum lot size for the IPO is 1000. The maximum lot size for the IPO is 1000.
For all category investors, the minimum application amount for this IPO is Rs. 135,000.0, the maximum value for this IPO is Rs 135,000.0.
This IPO will be allotted on Sep 28, 2020.
The refund will be credited to your account on Sep 30, 2020.
The allotted shares will be credited to your demat on Sep 30, 2020.
SecMark Consultancy Ltd.’s shares listed on the stock exchanges on Oct 01, 2020.