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Emkay Global Financial Services Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 75

Price Range (₹)

₹ 120

Lot Size

50

Min Investment (₹)

₹ 6,000.00

Listing Exchange

NSEMumbai

Open Date

31-Mar-2006

Close Date

07-Apr-2006

Listing Date

28-Apr-2006

Emkay Global Financial Services Ltd News

Price Performance

1 Week-1.65
1 Month12.58
3 Month64.85
6 Month92.99
1 Year139.57
3 Year247.42

Emkay Global Financial Services Ltd IPO Details

Public issue of 62,50,000 equity shares of Rs. 10 each at a price of Rs.120 each for cash at a premium aggregating to Rs.75 Crores including employee reservation of 2,00,000 equity shares of Rs. 10/- each at a price of Rs.120 each for cash at a premium aggregating to Rs.2.4 Crores and net issue to the public of 60,50,000 equity shares of Rs. 10 each at a price of Rs.120 each for cash at a premium aggregating Rs.72.60 crores. The net issue would constitute 25.88% of the fully diluted post issue paid up capital of the company.Issue Price is Rs.120 per equity share of Rs. 10/- each.Issue price is 12 times of the face value

Objective of issue

Expansion of operations & branch network. Technology and business continuity planning. Investment in subsidiaries. Augmenting long term working capital.

Emkay Global Financial Services Ltd Contact Details

Emkay Global 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 - compliance@emkayglobal.com

Website - www.emkayglobal.com