Business description from prospectus – SecUR Credentials is engaged in the business of Background Screening (also known as BGC – Background Check) and Due Diligence. It is the end-to-end screening services provider to various corporates in the country.
हिंदी IPO Review SecUR Credentials Limited IPO
It is one of the very few India-based BGC companies to be a member of the prestigious US-based National Association of Professional Background Screeners (NAPBS), APAC Chapter, which is the umbrella body of the largest BGC companies around the globe.
As a result, the company has access to the NAPBS members not just for specialised/localised services, but also as a knowledge centre for best practices.
SecUR Credentials can provide background screening services, for organisations not just in India, but across the globe through its NAPBS connections and has provided services in countries such as US, UK, Philippines, Srilanka to name a few.
The company is headquartered in Andheri, Mumbai, with branch offices in Mumbai, Delhi, Bengaluru, Hyderabad and Chandigarh. SecUR Credentials can cover every PIN code of the country through its intricate hub and spoke model, which multiplies the geographies it covers through the above branch offices.
Promoters of SecUR Credentials – Pankaj Vyas
SecUR Credentials IPO details
|Subscription Dates||1 – 3 November 2017|
|IPO Price band||INR205 per share|
|Fresh issue||1,467,000 shares (INR30.1 crore)|
|Offer for sale||Nil|
|Total IPO size||1,467,000 shares (INR30.1 crore)|
|Minimum bid (lot size)||600 shares|
|Face Value||INR10 per share|
|Listing On||NSE Emerge platform|
SecUR Credentials’ financial performance (in INR lakh)
|Profit after tax||-2.7||2.1||-8.6||1.7||180.7||124.5|
SecUR Credentials Limited
39, 46 and 47, Nandghanshyam Industrial Estate
Off. Mahakali Caves Road
Andheri East, Mumbai – 400 093
Phone: +91 22 6173 7788
Earnings Per Share (EPS): INR6.06
Price/Earnings (P/E) ratio: 33.80
Return on Net Worth (RONW): 89.03%
Net Asset Value (NAV): INR10.83 per share
Skyline Financial Services Pvt Ltd
A49, Gundecha Onclave, Kherani Road,
Sakinaka, Mumbai – 400 072
Phone: +91 22 2851 1022
Email: [email protected]
SecUR Credentials IPO allotment status is now available on Skyline Financial Services’ website.
Click on this linkto get allotment status.
IPO Opening Date: 1 November 2017
IPO Closing Date: 2 November 2017
Listing Date: 13 November 2017
Listing Price on NSE SME: INR208 per share (up 1.5% fromI PO price)
Closing Price on NSE SME: INR198.6 per share (down 3.1% from IPO price)