2013-09-27

SRG secutiries to open Its IPO on October 7

Rajasthan-based SRG Securities Finance Limited would come out with its initial public offering (IPO) of 25.08 lakh equity shares of Rs 10 each. Equity shares are proposed to be listed on the SME Platform of BSE Limited.

SRG secutiries to open Its IPO on October 7

 

Rajasthan-based SRG Securities Finance Limited would come out with its initial public offering (IPO) of 25.08 lakh equity shares of Rs 10 each. Equity shares are proposed to be listed on the SME Platform of BSE Limited.

 

The issue will open for subscription on October 07. The price band for the issue, which will close on October 14, is fixed at Rs 20 per share. They aims to raise more than Rs 5 crore through this issue.

 

SRG Securities Finance is a NBFC registered with RBI to carry on NBFC activities. The company is engaged in the business of asset financing by offering business loans; loans against equipment and machinery; and loans against vehicle.

 

The object of the issue is to raise funds for augmenting capital base and increasing operational scale with respect to NBFC activities. Mumbai Based Aryaman Financial Services Limited is the book running lead manager to the issue. The current promoters of the company are Vinod Jain, Rajesh Jain and Seema Jain. 

Related opportunities
  • SunShell Power is a leading renewable energy company that specializes..
    Locations looking for expansion West bengal
    Establishment year 2016
    Franchising Launch Date 2023
    Investment size Rs. 50000 - 2lakh
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New town West bengal
  • Language Schools
    The British Institute of Engineering Technology (I) Pvt Ltd (BIET), London was..
    Locations looking for expansion West bengal
    Establishment year 1950
    Franchising Launch Date 1992
    Investment size Rs. 5lakh - 10lakh
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Amherst street West bengal
  • Beauty & Wellness Training Institute
    Founded by Mrs. Vandana Luthra as a beauty and weight..
    Locations looking for expansion Delhi
    Establishment year 2001
    Franchising Launch Date 2007
    Investment size Rs. 30lakh - 50lakh
    Space required 1800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater NEW DELHI Delhi
  • Art, Craft, Antique & Framing
    Aakrati Brassware is a home-grown brand engaged in crafting exquisite..
    Locations looking for expansion Uttar pradesh
    Establishment year 1996
    Franchising Launch Date 2023
    Investment size Rs. 10lakh - 20lakh
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Aligarh Uttar pradesh
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads