IPO Issue Details
Issue Price / Price Band₹20 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size25,08,000 shares (aggregating up to ₹5.02 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 07 Oct 2013
Subscription CloseMon, 14 Oct 2013
Anchor AllotmentSun, 06 Oct 2013
Basis of AllotmentSun, 20 Oct 2013
Initiation of RefundsMon, 21 Oct 2013
Credit of Shares to DematMon, 21 Oct 2013
Listing DateTue, 29 Oct 2013
UPI Mandate Deadline2013-10-14
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 6,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 12,000 shares
Net Offer to Public19,80,000 shares (aggregating up to ₹3.96 Cr)
Reserved for Market Maker1,38,000 shares (aggregating up to ₹0.2760 Cr)
Pre-IPO Promoter Holding13,67,400 shares
Post-IPO Promoter Holding38,75,400 shares
About S R G Securities Finance Ltd.
Incorporated in 1995, SRG Securities Finance Ltd is a Non Deposit taking Non-systemically Important Non Banking Finance Company (NBFC-ND-NSI) engaged primarily in the business of Asset Financing by offering:1. Business Loans2. Equipment and Machinery Loan / Loan against Equipment and Machinery3. Vehicle Loans / Loans against VehicleThey provide financial Assistance for purchase of infrastructure, mining and construction Equipments and Machinery, Heavy and other Transport Vehicles, Business Loans and other loan products to various companies, firms and even to Individual business owners engaged in mining, construction and transportation, and big & small businessmen.
Objects of the Issue
S R G Securities Finance Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To augment the capital base and provide for the fund requirements for increasing the operational scale with respect to the NBFC activities
4.50
Shareholding & Lock-in
Pre-IPO Promoter Holding
13,67,400 shares
Post-IPO Promoter Holding
38,75,400 shares