Business Standard

Emkay Global Financial Services Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

75.00 cr

Price Range (₹)

120

Lot Size

50

Min Investment (₹)

6,000.00

Listing Exchange

NSEMumbai

Open Date

31-Mar-2006

Close Date

07-Apr-2006

Listing Date

28-Apr-2006

Emkay Global Financial Services Ltd News

    The Shares of Emkay Global Financial Services Ltd have now been listed.

    Emkay Global Financial Services Ltd IPO Details

    Public issue of 62,50,000 equity shares of Rs. 10 each at a price of Rs.120 each for cash at a premium aggregating to Rs.75 Crores including employee reservation of 2,00,000 equity shares of Rs. 10/- each at a price of Rs.120 each for cash at a premium aggregating to Rs.2.4 Crores and net issue to the public of 60,50,000 equity shares of Rs. 10 each at a price of Rs.120 each for cash at a premium aggregating Rs.72.60 crores. The net issue would constitute 25.88% of the fully diluted post issue paid up capital of the company.Issue Price is Rs.120 per equity share of Rs. 10/- each.Issue price is 12 times of the face value

    Objective of issue

    Expansion of operations & branch network. Technology and business continuity planning. Investment in subsidiaries. Augmenting long term working capital.

    Emkay Global Financial Services Ltd Contact Details

    Emkay Global Financial Services Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - compliance@emkayglobal.com

    Website - www.emkayglobal.com