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LISTEDSME

SecMark IPO

Open 18th Sep 2020 · Close 23rd Sep 2020 · Listing 1st Oct 2020

Price BandTBA
Live GMP₹0.00
Subscription1.24×
Issue Size₹15.04 Cr
Allotment28th Sep 2020

IPO Objectives

SecMark IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1To finance development and/or procurement of technology, applications, software, infrastructure etc. including strategic acquisitions of Firms/Companies in the technology space to complement and enhance our Company’s value proposition₹4.60 Cr
2To expand and retain our Leadership team that will lead the Company into the next phase of growth₹3.00 Cr
3To acquire / rent assets₹1.50 Cr
4Repayment of bank facilities₹1.50 Cr
5General corporate purposes₹3.40 Cr