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Aryaman Capital Markets to raise Rs 4.31 crore through IPO

22 Sep 2014 Evaluate

Aryaman Capital Markets is all set to hit the capital markets, through BSE SME Platform, with an initial public offering (IPO) of 35,90,000 equity shares of Rs 10 each aggregating up to Rs 4.31 crore. The issue will open for subscription on September 25, 2014 at a fixed price band of Rs 12 per share, while the public issue will close for subscription on October 01, 2014.

Aryaman Capital Markets is the wholly owned subsidiary of Aryaman Financial Services (AFSL), the company represents and carries out the various fund based and secondary market activities of the group. It is hence involved in activities such as Trading and Investments in Quoted and Unquoted Securities, Underwriting Capital Market Issuances, Brokerage income from Equity/Debt Market Placements, and Market Making.

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