**🚀 IPO GMP 9 March 2024 🚀**
1. **Pune E-Stock Broking IPO** is open for subscription from 7th March. Investors can bid in the IPO until 12th March. Pune E-Stock Broking Limited is a corporate brokerage business company that provides a platform for trading stocks, futures and options, currencies, and commodities for its clients.
2. The IPO is priced at **₹78-83 per share** with a lot size of 1,600 shares. Investors can bid on a minimum of 1,600 shares and multiples thereafter. The size of Pune E-Stock Broking’s IPO is ₹38.23 crore, offering 4,606,400 new shares.
3. **Allocation breakdown**: 50% for qualified institutional buyers, 15% for non-institutional investors, and 35% for retail investors. The proceeds from the IPO will be used by Pune E-Stock Broking to fulfill its general corporate objectives and meet its working capital requirements.
4. **Financial performance**: For the period ending September 2023, the company earned a revenue of ₹25.75 crore and a net profit of ₹5.52 crore. Share India Capital is the lead manager for the IPO, while BigShare Services is the registrar.
Invest in Pune E-Stock Broking IPO and be a part of the future of online trading! 📈💸 #IPOGMP #InvestWisely #PuneEStockBroking
Stay tuned for more updates on IPO GMP! 💼📊🔥
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