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S R G Securities Finance Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

₹ 5.02

Price Range (₹)

₹ 20

Lot Size

6000

Min Investment (₹)

₹ 1,20,000.00

Listing Exchange

BSE - SME

Open Date

07-Oct-2013

Close Date

14-Oct-2013

Listing Date

29-Oct-2013

S R G Securities Finance Ltd News

S R G Securities Finance Ltd IPO Details

Public issue of 25,08,000 equity shares of Rs. 10/- each (Equity Shares) of S R G Securities Finance Limited (SSFL or The Company or The Issuer) for cash at a price of Rs. 20/- per share (The Issue price), aggregating to Rs. 5.02 crores (The Issue), of which, 3,90,000 equity shares of Rs. 10/- each will be reserved for subscription by the promoters (the promoters contribution) and 1,38,000 equity shares of Rs. 10/- each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less the promoters contribution and the market maker reservation portion i.e. issue of 19,80,000 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 64.72% and 51.09 %, respectively of the post issue paid up equity share capital of the company.

Objective of issue

To augment the capital base of the company.

S R G Securities Finance Ltd Contact Details

S R G Securities Finance Ltd, Unit No 1 Luthra Ind, Andheri Kurla Road, Safed Pool Andheri(E, Mumbai - 400 072

Phone - 91-22-2851 5606

Fax - 91-22-2851 2885

Email - srgsecurities@gmail.com

Website - www.srgfin.com