Monday, September 23, 2013

Satkar Finlease IPO to open on Sep 25th

Satkar Finlease Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 7,504,000 Equity Shares of Rs 10/- each aggregating upto Rs 13.51 Crore. The price for the issue has been fixed at Rs 18/- per share.

Satkar Finlease Ltd is a non-deposit taking, NBFC and is in the business of providing financial services. Company provides inter corporate loans, personal loans, loans against shares & securities, loans against properties, trade financing, bills discounting, trading in shares & securities and arbitrage business in stock and commodity market.

The issue opens on Sep 25, 2013 and closes for subscription on Sep 27, 2013. The equity shares of the issue are proposed to be listed on the SME Platform of BSE Limited.

Visit Satkar Finlease Ltd IPO page for more detail.