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Franklin Leasing and Finance Ltd IPO (Franklin Leasing IPO) Detail

March 30, 2016 - April 5, 2016

Franklin Leasing IPO is a fixed price issue of Rs 6.34 crores.

Franklin Leasing IPO bidding started from March 30, 2016 and ended on April 5, 2016. The shares got listed on BSE SME on April 13, 2016.

Franklin Leasing IPO price is ₹15 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Aryaman Financial Services Limited is the book running lead manager of the Franklin Leasing IPO, while Skyline Financial Services Private Ltd is the registrar for the issue.

Refer to Franklin Leasing IPO RHP for detailed information.

Franklin Leasing IPO Details

IPO Date March 30, 2016 to April 5, 2016
Listing Date April 13, 2016
Face Value ₹10 per share
Price ₹15 per share
Lot Size 8000 Shares
Total Issue Size4,224,000 shares
(aggregating up to ₹6.34 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue11,558,400
Share holding post issue15,782,400
Market Maker portion224,000 shares

Franklin Leasing IPO Lot Size

Investors can bid for a minimum of 8000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 8000 ₹120,000
Retail (Max) 1 8000 ₹120,000
Lot Size Calculator

Franklin Leasing IPO Promoter Holding

Share Holding Pre Issue 36.83%
Share Holding Post Issue 26.98%

About Franklin Leasing and Finance Ltd

Incorporated in 1992, Franklin Leasing and Finance Ltd is Non Deposit taking Non-systemically Important Non Banking Finance Company (NBFC-ND-NSI) engaged primarily in the business of advancing loans and investing/trading in securities.

Company received its NBFC Registration in the year 2001. Hence, this company has been in the business of providing short term as well as longer duration loans and advances in the North Indian region for around a decade.

The company is planning to expand its portfolio of products and services by introducing products such as Loans against Property, IPO Funding, Financial and Management Consultancy in addition with the existing products of Unsecured ICD Loans and Personal Loans. Company has plan to continue to sell our products and services to existing corporate client base and further target other High Net Worth Individuals and Firms with impeccable credit track record to whom the company may advance funds both secured/ unsecured based on the risk profile and as envisaged in the loan policy of the company.

Key Performance Indicator

Objects of the Issue (Franklin Leasing IPO Objectives)

The Object of the Issue is to raise funds for:

1. To augment our capital base and provide for our fund requirements for increasing our operational scale with respect to our NBFC activities and

2. To meet Issue related Expenses

3. To receive the benefits of listing on the SME Platform of BSE Ltd.

Franklin Leasing IPO Review (Avoid)

[Dilip Davda]  

There is no harm in giving a miss to this expensive offer.

Read detail review...

IPO Notices

External Link

Franklin Leasing and Finance Ltd IPO deferred

Date: 29 Sep 2015

This is in reference to the captioned public issue of the Company which was scheduled to open for subscription on September 30, 2015 and close on October 6, 2015. Trading members are informed that the BRLM to the issue of Franklin Leasing and Finance Ltd has informed the Exchange that the Company has decided to defer the Public Issue & shall not be proceeding with the issue programme.

Franklin Leasing IPO Prospectus

Franklin Leasing IPO Rating

2
2.0
Rating:Rated 2.0 stars
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Franklin Leasing IPO Listing Details

Listing Date April 13, 2016
BSE Script Code 539839
NSE Symbol
ISIN INE399S01010
Final Issue Price ₹15 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹15.00
₹15.10
₹15.05
₹15.20
₹15.05

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Franklin Leasing and Finance Ltd Contact Details

Franklin Leasing and Finance Ltd
Unit / Shop No. 205, 2nd Floor,
Aggarwal City Mall, Road No. 44,
Pitampura, Delhi - 110034
Phone: +91 11 42351486
Email: info.franklinleasing@gmail.com
Website: http://www.franklinleasing.in

Franklin Leasing IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: info@skylinerta.com
Website: https://www.skylinerta.com/ipo.php

Franklin Leasing IPO - Buy or Not

Franklin Leasing IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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Franklin Leasing IPO FAQs

Franklin Leasing IPO is a SME IPO of 4,224,000 equity shares of the face value of ₹10 aggregating up to ₹6.34 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000 Shares.

The IPO opens on March 30, 2016, and closes on April 5, 2016.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Franklin Leasing IPO opens on March 30, 2016 and closes on April 5, 2016.

Franklin Leasing IPO lot size is 8000 Shares, and the minimum amount required is ₹120,000.

You can apply in Franklin Leasing IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Franklin Leasing IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Franklin Leasing IPO allotment status.

The Franklin Leasing IPO listing date is on April 13, 2016.
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Franklin Leasing IPO Message Board

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2 Comments

2. IPOANALYSIS |   Link |  Bookmark |April 2, 2016 2:15:46 AM
please dont apply .
it has lead manager as Aryaman financial and they are big fraud
1. IPOANALYSIS |   Link |  Bookmark |February 9, 2016 2:14:04 PM
I am afraid that these kind of expensive P/e ipo are only going to take market lower ans both ipo and secondary markets arr going for a toss. Infact nothing is great abt the company business and its prifits going down Pe being high but people still apply thinking of listing gain.instead buy from secondary market good fundamental stocks. These too many ipp with expensive valuation are only going to suck liquidity and also make market go down.retailers shd stay away from ipo for some time.