Pune E-Stock Broking IPO

Incorporated in 2007, Pune E-Stock Broking Limited (PESB) is a corporate broking house. The company offers Client Broking: where users can invest or trade in shares via PESB's platform, receiving real-time quotes, easy execution via mobile app, website or call, the latest market news and updates, and the service of support staff. Depository facility: The company also offers a depository facility to Equity trading clients as part of an integrated service offering through CDSL. The company has a client base of 23,155 active clients in its Depository. Mutual funds: The company offers various mutual fund investment options in equity, debt, and hybrid funds. Corporate Deposits: Investors can make corporate deposits directly through the company's website or use the convenience of online investment platforms or brokers to facilitate their investments. Currency trading services: The company offers foreign exchange trading through multiple trading channels, creating unique investment opportunities and limitless creativity for hedging, speculation, and portfolio diversification. The company offers its services via its web-based trading platform Aero and its mobile trading app. Users can manage their investments, keep up to date with market trends, and make trades on the go. As of March 2023, the company had a total of 60,640 customers, including authorized persons (spread across more than 10 cities) and direct customers, and has two branches in Ahmedabad and Delhi. In FY 2023, the company has 79 employees, including directors and KMP, administrative/managerial staff, and unskilled workers.

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: To meet working capital requirements; General Corporate Purpose; and Public Issue Expenses.

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App