Franklin Leasing & Finance Ltd - IPO

Franklin Leasing & Finance Ltd IPO Details

Public issue of 42,24,000 equity shares of Rs. 10 each (Equity Shares) of Franklin Leasing and Finance Limited (FLFL or the company or the issuer) for cash at a price of Rs. 15 per share (the issue price), aggregating to Rs. 6.34 crores (the issue), of which, 2,24,000 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 market maker reservation portion i.e. Issue of 40,00,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.76% and 25.34%, respectively of the post issue paid up equity share capital of the company.The Face Value of the equity shares is Rs. 10/- each and the issue price is 1.50 times of the face value.

Objective of issue

To augment our capital base & provide for fund req.

Franklin Leasing & Finance Ltd Contact Details

Franklin Leasing & Finance Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - info.franklinleasing@gmail.com

Website - www.franklinleasing.in