BSE Ltd (IPO of 29955434 shares of Rs.1 each)

 Face Value – Rs.2

Price Band – Rs.805 – Rs.806

IPO Size – Rs. 1243 Crs (Upper Band) & 1242 Crs (Lower Band)

Offer For Sale – Offer for Sale of 15427197 Equity Shares of Rs 2

New Issue – 5427197 Equity Shares of Rs 2  

BRRLM – Edelweiss, Axis Capital, Jefferies, Nomura, Karvy, Motilal Oswal, SBI Capital Markets, SMC Capital Ltd, Spark Capital Advisors Pvt Ltd.

Consolidated Financials and Valuations for FY16 (Amt in Rs Crs unless specified)

Consolidated Financials and Valuations for H1 FY17

Overview:

• BSE Ltd is the owner and operator of BSE Exchange (Bombay Stock Exchange), India’s largest stock exchange by number of companies listed.
• BSE offers 3 business namely, Listing Business, Market Business and Data Business.
• The Bombay Stock Exchange was established in year 1875 as the first stock exchange in Asia. Today BSE has over 5000 companies listed on it, the highest in any exchange around the world.
• World’s two leading global exchanges, Deutsche Bourse and Singapore Exchange are strategic partners of BSE.
• BSE offers trading in Equity, Debt Instruments, Derivatives, Mutual Funds and SME Equity.
• The S&P BSE SENSEX is India’s most widely tracked stock market benchmark index.
• BSE also offer services including risk management, clearing, settlement, market data services, IT services and solutions, licensing index products such as the S&P BSE SENSEX and financial & capital markets trainings.

BSE Ltd Strengths:

1. Strong brand recognition with a track record of innovation
2. Diversified and integrated business model and active relationship with marketparticipants
3. State-of-the-art infrastructure and technology

 NSE turnover:

Management :

• Ashishkumar Chauhan – MD & CEO
• Sudhakar Rao – Chariman
• Nayan Mehta – CFO

Major Shareholders:

• The entire shareholding of Singapore Exchange is proposed to be offered by it in the Offer and the same is currently held in an escrow account maintained by the Escrow Agent as per the terms of the OFS Scheme.
• Of the 4913863 Equity Shares held by GKFF Ventures, 2456931 Equity Shares are proposed to be offered by it in the Offer – and are currently held in an escrow account maintained by the Escrow Agent as per the terms of the OFS Scheme.
• The entire shareholding of Quantum (M) Limited is proposed to be offered by it in the Offer and is currently held in an escrow account maintained by the Escrow Agent as per the terms of the OFS Scheme.
• Of the 4015544 Equity Shares held by Caldwell India Holdings Inc., 1668906 Equity Shares are proposed to be offered by it in the Offer and are currently held in an escrow account maintained by Escrow Agent as per the terms of the OFS Scheme.
• The entire shareholding of Atticus Mauritius Limited is proposed to be offered by it in the Offer and the same is currently held in an escrow account maintained by Escrow Agent as per the terms of the OFS Scheme.
• Of the 4015544 Equity Shares held by Acacia Banyan Partners Limited, 2000000 Equity Shares are proposed to be offered by it in the Offer and are currently held in an escrow account maintained by Escrow Agent as per the terms of the OFS Scheme.
• Of the 3006796 Equity Shares held by Bajaj Holdings and Investment Limited, 1503398 Equity Shares are proposed to be offered by it in the Offer and are currently held in an escrow account maintained by Escrow Agent as per the terms of the OFS Scheme.

Consolidated Financial Trends (In Rs.Crs) :