Escorp Asset Management IPO

Escorp Asset Management IPO

Escorp Asset Management IPO

Escorp Asset Management IPO

 

Escorp Asset Management represents the asset management arm of its corporate promoter Aryaman Financial Services Limited. In October 2016; it has applied with SEBI for registration as a portfolio manager and is currently awaiting registration for the same. Upon receiving this registration, it proposes to commence full-fledged operations in the fields of Portfolio Management Services, Institutional Fund management and Advisory, Financial Planning, Personal Tax Planning and Advisory, Corporate  Treasury Advisory, Fee-based Investment Advisory, and Research Services.

In line with the group’s current strength; it aims to position itself within the investment community as an alternative asset management company with unique focus on SME sector and its growth opportunities.

Promoters of Escorp Asset Management – Aryaman Financial Services Limited, Shripal Shah, Shreyas Shah

Escorp Asset Management IPO details

Subscription Dates31 Mar - 6 Apr 2017
IPO Price bandINR15 per share
Fresh issue 2,160,000 shares (INR3.24 crore)
Offer for sale Nil
Total IPO size2,160,000 shares (INR3.24 crore)
Minimum bid (lot size)8,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME platform

 

Escorp Asset Management's financial performance (in INR lakh)

FY2012FY2013FY2014FY2015FY20166M FY2017
Total revenue0.070.15-0.050.269.74
Total expenses0.040.09-0.040.035.55
Profit after tax0.020.04-0.010.162.99

Escorp Asset Management Contact Details

Escorp Asset Management Limited
718- A, P.J. Towers, Dalal Street
Fort, Mumbai – 400 001

Phone: +91 22 6216 6999
Email: [email protected]
Website: www.escorpamc.co.in

Escorp Asset Management IPO Subscription Details

DaySubscription (no. of times)
Day 1 0.06
Day 2 0.21
Day 3 1.05
Day 4 2.34

 

Escorp Asset Management IPO Allotment Status

Escorp Asset Management IPO allotment status is now available on Bigshare Services Private Limited website. Click on this link to get allotment status.

Registrar of Escorp Asset Management IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax:
+91 22 2847 5201
Email:
[email protected]
Website: www.bigshareonline.com

LISTING PERFORMANCE OF Escorp Asset Management IPO

IPO Opening Date: 31 March 2017

IPO Closing Date: 6 April 2017

Listing Date: 17 April 2017

Listing Price on BSE SME: INR15 (no change from IPO price)

Closing Price on BSE SME: INR15.1 (up 0.7% from IPO price)

VALUATION OF Escorp Asset Management IPO (BASED ON LATEST FY)

Earnings Per Share (EPS): INR1.55

Price/Earnings (P/E) ratio: 9.68

Return on Net Worth (RONW): 13.16%

Net Asset Value (NAV): INR10.25 per share

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