IPO Issue Details
Issue Price / Price Band₹172 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size75 Shares per Lot
Total Issue Size1,57,20,262 shares (aggregating up to ₹270.23 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 13 Mar 2013
Subscription CloseFri, 15 Mar 2013
Anchor AllotmentTue, 12 Mar 2013
Basis of AllotmentThu, 21 Mar 2013
Initiation of RefundsFri, 22 Mar 2013
Credit of Shares to DematFri, 22 Mar 2013
Listing DateMon, 01 Apr 2013
UPI Mandate Deadline2013-03-15
Application & Investment Details
Retail — Min (1 Lots)₹12,900 — 75 shares
Retail — Max (13 Lots)₹167,700 (13 Lots)
HNI — Min (16 Lots)₹2,06,400 — 1,200 shares
Pre-IPO Promoter Holding4,64,40,785 shares
Post-IPO Promoter Holding6,21,61,047 shares
About Repco Home Finance Ltd.
Incorporated in 2000, Repco Home Finance Ltd (RHFL) is mainly engaged in the business of housing finance. RHFL products include dream home loans, home makeover loans, mortgage loans, plot loans, commercial construction loans, NRI housing loans and loans for fifty-plus individuals.RHFL is operating through 73 branches and 19 satellite centres in Tamil Nadu, Andhra Pradesh, Kerala, Karnataka, Maharashtra, Odisha, West Bengal, Gujarat and theUnion Territory of Puducherry. They are registered as a housing finance company with the NHB, the housing finance regulator of India. Company is headquartered in Chennai, Tamil Nadu and promoted by The Repatriates Co-operative Finance and Development Bank Limited ("Repco Bank Limited"), a Government of India owned enterprise, in April 2000.They are in the business of financing:1. The construction and/or purchase of residential and commercial properties including repairs and renovations ("Individual Home Loans"); and2. Loans against properties ("Loans Against Property").
Objects of the Issue
Repco Home Finance Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Company intends to utilise the proceeds from the Issue, after deduction of the Issue related expenses (the "Net Proceeds") towards augmentation of their capital base to meet their future capital requirements arising out of growth in their business.
Shareholding & Lock-in
Pre-IPO Promoter Holding
4,64,40,785 shares
Post-IPO Promoter Holding
6,21,61,047 shares