Amrapali Capital and Finance Services has hit the capital markets, through BSE SME, with an initial public offering (IPO) of 2,577,600 equity shares of Rs 10 each aggregating upto Rs 25.78 crore. The issue has opened for subscription on October 15, 2013 at a fixed price band of Rs 100 per share, while the public issue will close for subscription on October 18, 2013.
The company will use the issue proceeds for enhancement of margin money maintained with the exchanges and general corporate purpose.
Moreover, the Corporate Strategic Allianz is the book running lead manager and Satellite Corporate Services is the registrar to the issue.
Amrapali Capital and Finance Services is engaged in the business of trading of shares, stocks, forex, arbitrage business including Brokerage business which comprises of equity brokerage (Cash and Derivatives segment), currency brokerage, distribution of financial products, depository and clearing services.
Company Name | CMP |
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ICICI Securities | 755.00 |
Angel One | 2789.05 |
Motilal Oswal Fin | 2381.70 |
Share India Sec. | 1700.00 |
SMC Global Sec. | 160.80 |
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