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Published by : The Motley FoolFranklin Leasing and Finance Ltd is entering in the capital market with an IPO of 4,224,000 Equity Shares of Rs 10 aggregating up to Rs 6.34 Crore. The price for the issue has been set at Rs 15 Per Equity Share.
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.
The issue opens on Mar 30, 2016 and closes for subscription on Apr 5, 2016. The equity shares of the company to be list at BSE SME.
The issue of Franklin Leasing and Finance Ltd opens on Mar 30, 2016 and closes for subscription on Apr 5, 2016. The equity shares of the company to be list at BSE SME. The price for the issue has been set at Rs 15 Per Equity Share.
The Franklin Leasing IPO is proposed to open on March 30, 2016. The IPO application ends on April 5, 2016.
Retail investors can apply in the retail or non-institutional investor category from March 30, 2016 to April 5, 2016. The Franklin Leasing IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Franklin Leasing IPO will open for subscription on March 30, 2016. The public issue will close on April 5, 2016.
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