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Satkar Finlease Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 7,504,000 Equity Shares of Rs 10/- each aggregating upto Rs 13.51 Crore. The price for the issue has been fixed at Rs 18/- per share.
Satkar Finlease Ltd is a non-deposit taking, NBFC and is in the business of providing financial services. Company provides inter corporate loans, personal loans, loans against shares & securities, loans against properties, trade financing, bills discounting, trading in shares & securities and arbitrage business in stock and commodity market.
The issue opens on Sep 25, 2013 and closes for subscription on Sep 27, 2013. The equity shares of the issue are proposed to be listed on the SME Platform of BSE Limited.
The Satkar Finlease IPO is proposed to open on September 25, 2013. The IPO application ends on September 27, 2013.
Retail investors can apply in the retail or non-institutional investor category from September 25, 2013 to September 27, 2013. The Satkar Finlease IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Satkar Finlease IPO will open for subscription on September 25, 2013. The public issue will close on September 27, 2013.
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