BSE Limited IPO

BSE Limited IPO

BSE Limited IPOBSE Logo

BSE Limited owns and operates BSE exchange platform, the first stock exchange in Asia, which was formed on 9 July 1875. As of 30 June 2016, the BSE was the world's largest exchange by number of listed companies, and India's largest and the world's 11th largest exchange by market capitalization, with USD1.52 trillion in total market capitalization of listed companies. As of 30 June 2016, the BSE had 1,440 unique members across all segments, and in FY 2016 the BSE accepted an average of 284.92 million orders and 1.55 million trades in equity shares per trading day, placing it as the 12th most active exchange in the world in terms of electronic book trades in equity shares.

As the operator of the BSE, it regulates listed issuers and provide a market for listing and trading in various types of securities as may be allowed by SEBI from time to time. BSE operate in the following three primary lines of business:

Listing business – consists of the primary market, which relates to the issuance of new securities

Market business – consists of (i) the secondary market, which relates to the purchase and sales of previously-issued securities, (ii) BSE StAR MF, the online platform for the placement of orders and redemptions of units in mutual funds, (iii) NDS-RST, the platform for the reporting of over-the-counter corporate bond trading, (iv) membership, which includes membership in the Exchange, membership in clearing corporation ICCL, and depository participants in depository CDSL, and (v) post-trade services, namely the clearing corporation and depository

Data business – consists of the sale and licensing of information products.

BSE IPO details
Subscription Dates23 - 25 January 2017
Price BandINR805-806 per share
Fresh issueNil
Offer For Sale15,427,197 shares
Total IPO sizeINR1,243.43 crore
Minimum bid (lot size)18 shares
Face Value INR2 per share
Retail Allocation35%
Listing OnNSE

 

BSE Limited’s consolidated financial performance (in INR crore)

FY2012FY2013FY2014FY2015FY2016
Total revenue578.7552.9529.8624.7658.3
Total expenses254.2272.8275.1378.9420.1
Profit after tax172.4118.8135.2129.7122.5

 

BSE Contact Details

BSE Limited
25th Floor, P J Towers, Dalal Street,
Mumbai 400001

Phone: +91 22 2272 1233
Fax: +91 22 2272 1003
Email: [email protected]
Website: www.bseindia.com

Registrar of BSE IPO

Karvy Computershare Private Limited
Karvy House, 46, Avenue 4, Street No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India

Phone: +91 40 23312454
Fax: +91 40 23311968
Email:
[email protected]
Website: http://karisma.karvy.com

BSE IPO Subscription Details

CategoryShares offeredSubscription (No. of times, at 7 PM) 
Day 1Day 2Day 3
QIB3,085,4400.16 0.2148.63
NII2,314,0800.12 0.56159.03
Retail5,399,5190.852.726.44
Total10,799,0390.501.5451.19

BSE IPO Allotment Status

BSE IPO allotment status is available on Karvy Computershare’s website. Click on this link to get allotment status. You can also check allotment status using application number on this link.

LISTING PERFORMANCE OF BSE IPO

IPO Opening Date: 23 January 2017

IPO Closing Date:  25 January 2017

Finalisation of Basis of Allotment: 31 January 2017

Initiation of refunds: 1 February 2017

Transfer of shares to demat accounts: 2 February 2017

Listing Date: 3 February 2017

Listing Price on NSE:  INR1,085 per share (Return of 34.6% on IPO price)

Closing Price on NSE:  INR1,069.2 per share (Return of 32.6% on IPO price)

46 COMMENTS

    • Two words for you – don’t buy! I know many people will say bullsinha has been wrong again but BSE at 1000+ is hardly an investment. Think about it, if the business was really that good, why was it offered at 806?? It is all easy money yhat is driving the market. Geopolitics is bad, US policies are bad, international oil prices are bad, budget is not great and markets are making new highs. It is a rave party, just a police raid and everyone will be locked-up metaphorically speaking!!!

  1. Just checked Karvy site and there is an option of BSE in drop down menu but I get no more details after entering my application number. Anyway, looks allotment will be out today , may be in the evening.

  2. At 800+, there is no way you can surely make money in bse ipo. It is a lucky draw at best, if the markets are good, you will make some money. But wait, Trump has to say something…

    • Sinhaji, I’m a fan of skepticism but why do you say this. BSE has priced the IPO at PE ratio of 35.8. This is not very high IMO as we had similar priced offers last year and they did well. And let’s not forget, this is BSE afterall!!!

      • Just wait, Trump has come to the white house and there will be many orders he is going to reverse from last govt. Markets have no where to go, am shorting for a reason.

          • Of course, it will be a flop at such high PE ratio. I don’t like BSE as a stock exchange, I trade on NSE. As a trading platform, BSE has been losing out and its margins will only decrease IMO. Nothing great in this IPO, I’ll rather prefer CDSL than BSE.

            Btw, any trades in grey market? Ifyes, pls update the premiums.

          • bullishbear, did you see the corrigendum of 2/- face value?? Your calculations will need to change accordingly.

          • You are right RJ17 and I’m very sorry for this mistake. IPO is indeed priced right for my liking. Will apply tomorrow day.

          • No Saurap, BSE looks good for subscription. My earlier comments were based on poor information. I did not pay attention to face value calculations that RJ17 has pointed out.

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