Business Standard

Motilal Oswal Financial Services Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

246.07 cr

Price Range (₹)

825

Lot Size

8

Min Investment (₹)

6,600.00

Listing Exchange

MumbaiNSE

Open Date

20-Aug-2007

Close Date

23-Aug-2007

Listing Date

11-Sept-2007

Motilal Oswal Financial Services Ltd News

    The Shares of Motilal Oswal Financial Services Ltd have now been listed.

    Motilal Oswal Financial Services Ltd IPO Details

    Public issue of 29,82,710 equity shares of face value of Rs.5/- each for cash at a price of Rs.825/- per equity share aggregating to Rs.246.07 Crores (Hereinafter referred to as the issue) by Motilal Oswal Financial Services Limited (the company orthe issuer). The face value of th equity shares is Rs. 5/- each. The issue includes a reservation of 1,42,310 equity shares for subscription by eligible employees (the employee reservation portion) at the issue price. The issue will constitute 10.50% and the net issue will constitute 10.00% of the post issue paid-up equity capital of the issuer. Issue Price is Rs.825 per equity share of Rs.5/- each.The issue price is 165 times the face value

    Objective of issue

    Augmenting Long Term Working Capital. Financing Activity. Purchase/Lease of new Office Space. General Corporate Purpose.

    Motilal Oswal Financial Services Ltd Contact Details

    Motilal Oswal 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 - shareholders@motilaloswal.com

    Website - www.motilaloswalgroup.com