Karnavati Finance Ltd - Prospectus Synopsis

Karnavati Finance Ltd RHP

Registered Office : 705 Palm Spring Centre , Link Road Malad (West) , Mumbai - 400064 , Maharashtra , India.

Phone :   Fax :

Email : karnavatifinance@gmail.com    Website : www.karnavatifinancelimited.in

Public issue of 25,80,000 equity shares of Rs. 10/- each of Karnavati Finance Limited (KFL or the company or the issuer) for cash at a price of Rs. 10/- per share (the issue price) aggregating to Rs. 2.58 crores (the issue), of which 1,40,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 24,40,000 equity shares of Rs. 10 each at a price of Rs. 10 aggregating to Rs. 2.44 crores is herein after referred to as the net issue. The issue and the net issue will constitute 30.86% and 29.19%, respectively of the post issue paid up equity share capital of the company The face value of the equity shares is Rs. 10 each and the issue price of Rs. 10, is 1(One) time of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
19-Jan-2015 21-Jan-2015 Rs 10 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 10000 Further Multiples of : 10000
  Rs Cr Lead Managers to the Issue
Project Cost 2.58 Corporate Strategic Allianz Ltd
Project Financed through Current Offer 2.58  
Post Issue Equity Share Capital 8.36  
Issue Price Rs. 10  
To augment capital base & to increase NBFC operat.
Promoted By Listing At Registrar to the Issue
Jay Morzaria
Raman Morzaria
BSE - SME Satellite Corporate Serv Pvt L

Want to invest in IPO. Our RM will contact you !