Neev Credit Ltd - IPO

Neev Credit Ltd IPO Details

Initial public offer of upto [*] equity shares of face value of Rs.10/- each (equity shares) of neev credit limited (the company or the issuer) at an issue price of Rs.[*] per equity share (including a share premium of [*] per equity share) for cash, aggregating up to Rs.15.00 crores (public issue) out of which [*] equity shares of face value of Rs.10 each, at an issue price of Rs.[*] per equity share for cash, aggregating Rs.[*] crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). the public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs.10 each, at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs.[*] crores is here inafter referred to as the net issue. The public issue and net issue will constitute [*] % and [*] % respectively of the post-issue paid- up equity share capital of the company. The price band and the minimum bid lot will be decided by the company in consultation with the brlm.

Objective of issue

Augmenting its capital base to meet its company's future capital requirements arising out of growth of its business and assets. General corporate purposes.

Neev Credit Ltd Contact Details

Neev Credit Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - compliance@neevcredit.com

Website - www.neevfinance.com