Monday, August 13, 2007

Motilal Oswal IPO Opening on Aug 20

Hi Friends,
Motilal Oswal Financial Services Limited is Mumbai based prime financial services provider. Motilal Oswal financial products and services include retail wealth management (including securities and commodities broking), portfolio management services, institutional broking, venture capital management and investment banking services.
Motilal Oswal Financial Services Limited is entering the capital markets with an initial public offering, IPO of 2,982,710 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs 725/- at lower level and Rs 825/- at upper level for equity share of Rs 5. The issue opens on Aug 20, 2007, and closes for subscription on Aug 23, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Click here for more information about Motilal Oswal IPO.