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Satkar Finlease Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

₹ 13.51

Price Range (₹)

₹ 18

Lot Size

8000

Min Investment (₹)

₹ 1,44,000.00

Listing Exchange

BSE - SME

Open Date

25-Sep-2013

Close Date

27-Sep-2013

Listing Date

11-Oct-2013

Satkar Finlease Ltd News

Satkar Finlease Ltd IPO Details

Public issue of 75,04,000 equity shares of Rs. 10/- each (Equity Shares) of Satkat Finlease Limited (SFL or The Company or The Issuer) for cast at a price of Rs. 18/- per share (The Issue Price), aggregating to Rs. 13.51 crores (The Issue), of which, 3,84,000 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 71,20,000 equity shares of Rs. 10/- each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 39.40% and 37.39% respectively of the post issue paid up equity share capital of the company.

Objective of issue

To boost operations with respect to NBFC activity. Brand building & promotional activities. General corporate purposes.

Satkar Finlease Ltd Contact Details

Satkar Finlease Ltd, T-34 2nd Floor, Okhla Industria Area, Phase-II, New Delhi-110020

Phone - 91-011-26387281/82/83

Fax - 91-011-26387384

Email - satkarfinlease62@yahoo.com