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Amrapali Fincap Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

₹ 42.48

Price Range (₹)

₹ 120

Lot Size

1200

Min Investment (₹)

₹ 1,44,000.00

Listing Exchange

BSE - SME

Open Date

20-Jul-2015

Close Date

22-Jul-2015

Listing Date

05-Aug-2015

Amrapali Fincap Ltd News

Amrapali Fincap Ltd IPO Details

Public issue of 35,40,000 equity shares of face value Rs. 10/- each of Amrapali Fincap Limited (AFL or the company or the issuer) for cash at a price of Rs. 120/- per share (The issue price), including a share premium of Rs. 110 per equity share aggregating to Rs. 42.48 crores (The issue), of which 1,77,600 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (The Market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 33,62,400 equity shares of face value of Rs. 10 each for cash at a price of Rs. 120 aggregating to Rs. 40.35 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 26.34% and 25.02%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each.

Objective of issue

Purchase & set up of the office space in Ahmedabad. Investment in NBFC company. General corporate purpose.

Amrapali Fincap Ltd Contact Details

Amrapali Fincap Ltd, B-302 Sony Apartment, Off-Andheri Kurla Rd, Jarimari Sakinaka, Mumbai-400072

Phone - 91-22-28520461

Fax - 91-22-28511809

Email - investors@amrapali.com, compliance@amrapali.com

Website - www.amrapali.co.in