Finbud Financial Services Ltd - IPO

Finbud Financial Services Ltd IPO Details

The issue comprise of a public issue of 50,48,000 equity shares of face value of Rs.10/- each fully paid (the equity shares) for cash at a price of Rs. 142/- per equity shares (including a premium of Rs. 132/- per equity share) aggregating to Rs. 71.68 crores (the issue) by the company. The issue comprises a reservation of which 2,53,000 equity shares of Rs.10/- each will be reserved for subscription by market maker reservations portion and a net issue to the public of 47,95,000 equity shares of Rs.10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.50% and 25.17% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Finbud Financial Services Ltd Contact Details

Finbud Financial Services Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 011 - 26812682 / 83

Fax - 011 - 26812682

Email - cs@financebuddha.com

Website - https:, financebuddha.com