Could someone explain the process of applying for the Security and Intelligence Services IPO? It would also be great if you could let me know more details about the allotment and listing date.
The issue of Security and Intelligence Services (SIS) opens on today and closes on August 2, 2017. The company is offering shares in the price band of Rs.805 – Rs. 815 and the market lot size is 18 Shares.
About SIS.
The SIS Group is a leading provider of security services both in India and Australia with diverse solutions across the security spectrum. The portfolio of services includes security design and solutions, fire safety, event security, VIP protection, aviation security, emergency response, investigation work and integrated technology solutions providing man-tech solutions.
It is also into cash logistics operations including over cash in-transit, doorstep banking, ATM-related services, bullion and cash vaulting services. The company is also into Facility Management services and is the 4th largest player in this space.
To apply for an IPO through Zerodha follow these easy steps:
Tentative IPO Timetable
Allotment date: August 7th
Amount will be unblocked on August 8th.
Credit of shares to demat accounts on August 8th.
Listing on NSE, BSE and commencement of trading on August 9.
Allotment details can be checked here: BSE (formerly Bombay Stock Exchange)
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