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Published by : MarketWatchKarnavati Finance Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 2,580,000 Equity Shares of Rs 10/- each aggregating Rs. 2.58 Crore. The price for the issue has been fixed at Rs 10 per share.
Karnavati Finance Ltd is a Non Deposit taking Loan Company (NBFC-ND-LC) engaged in the business of providing loans as per the requirement of customers and they are both secured and unsecured finance.
The issue opens on Jan 19, 2015 and closes for subscription on Jan 21, 2015. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.
The Karnavati Finance IPO is proposed to open on January 19, 2015. The IPO application ends on January 21, 2015.
Retail investors can apply in the retail or non-institutional investor category from January 19, 2015 to January 21, 2015. The Karnavati Finance IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Karnavati Finance IPO will open for subscription on January 19, 2015. The public issue will close on January 21, 2015.
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