Business Standard

India Finsec Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

6.00 cr

Price Range (₹)

10

Lot Size

10000

Min Investment (₹)

1,00,000.00

Listing Exchange

BSE - SME

Open Date

24-May-2013

Close Date

28-May-2013

Listing Date

11-Jun-2013

India Finsec Ltd News

    The Shares of India Finsec Ltd have now been listed.

    India Finsec Ltd IPO Details

    Public Issue of 6000000 Equity Shares of a face value of Rs 10/ each of India Finsec Ltd( the company of the issuer) for cash at a price of Rs 10/ per equity shares aggregating to Rs 6.00 crores (the issue) of which 650000 Equity shares of Rs 10/ each will be reserved for subscription by the promoters and 350000 Equity shares of Rs 10 each will be reserved for subscription by market makers to the issue. The issue less the promoters contributions and the market maker reservation portion i.e issue of 5000000 Equity shares of Rs 10/ each is hereafter referred to as the net issue. The issue and the net issue will constitute 30.86% and 25.72% respesctively of the post issue paid up equity share capital of the company.

    Objective of issue

    Purchase and set up of office space for Reg. off.. To augment capital base & provide for fund requir..

    India Finsec Ltd Contact Details

    India Finsec Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

    Phone - 91-11-26812682

    Fax - 91-11-30857562

    Email - indiafinsec@yahoo.com; info@indiafinsec.com

    Website - www.indiafinsec.com