Tuesday, February 21, 2012

BCB Finance IPO to open on Feb 23rd

BCB Finance Ltd is entering in the capital markets with an initial public offering, IPO of 35,40,000 equity share of Rs. 10 each at a premium of Rs. 15 per share i. e. at a fixed price of Rs. 25 per share.

BCB Finance Ltd is engaged in the business of advancing loans and investing/trading in securities. BCB Finance offer a variety of products and services which includes Loan against securities, IPO funding to investors and Unsecured loans/ bridge loans to various clients.

The issue opens on Feb 23, 2012 and closes for subscription on Feb 27, 2012. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE).