Finshore Management Services Ltd - IPO

Finshore Management Services Ltd IPO Details

Public issue of 6,66,670 equity shares of Rs. 10 each of Finshore Management Services Limited (FMSL or The Company or The Issuer) for cash at a price of Rs. 60 per equity share (including share premium of Rs. 50 per equity share)(The Issue Price) aggregating Rs. 4.00 crores (The Issue) of which 1,16,670 equity shares of Rs. 10 each will be reserved for subscription by Market Makers to the issue (The Market Maker Reservation Portion). The issue less the Market Maker Reservation Portion i.e. issue of 5,50,000 equity shares of Rs. 10 each is hereinafter referred at as the Net Issue. The Issue and the Net Issue would constitute 30.42% and 25.10% of the fully diluted post issue paid-up equity capital of the company.

Objective of issue

Brand Building. Setting up of new offices. Renovation/Interior work of new premises. Capital Expenditure on Information System upgrad.. Investment in subsidiary.

Finshore Management Services Ltd Contact Details

Finshore Management Services Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

Phone - 91-040-44655185/44655000

Fax - 91-040-23420814/23420857

Email - ipo@finshoregroup.com

Website - www.finshoregroup.com