Tuesday, October 15, 2013

Stellar Capital Services IPO to open on Oct 15th

Stellar Capital Services Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 4,500,000 Equity Shares of Rs 10/- each aggregating upto Rs 9 Crore. The price for the issue has been fixed at Rs 20/- per share.

Stellar Capital Services Ltd.  (SCSL) is a NBFC registered with the RBI to carry out NBFC activities under Section 451A of the Reserve Bank of India Act, 1934. The company operates as a Non Deposit taking Non Banking Finance Company engaged primarily in the business of advancing loans and investing/trading in securities.

The issue opens on Oct 15, 2013 and closes for subscription on Oct 18, 2013. The equity shares of the issue are proposed to be listed on the SME Platform of BSE Limited.

Visit Stellar Capital Services Ltd IPO page for more detail.