Amrapali Capital SME IPO to open on Oct 15
Amrapali Capital and Finance Services' public issue of 25.77 lakh equity shares is going to open for subscription on October 15 which will close on October 18.
October 15, 2013 / 09:28 IST
Gujarat-based Amrapali Capital and Finance Services has come out with its initial public offerings (IPO) of 25.77 lakh equity shares of Rs 10 each for cash at a price of Rs 100 per share.
The public issue will be available for subscription during October 15 to 18, 2013. The equity shares offered through the prospectus are proposed to be listed on the BSE SME Platform.Also Read - SME: Mitcon Consultancy IPO opens on Oct 15The company is engaged in the business of trading of shares, stocks, forex and arbitrage business.Issue proceeds are proposed to be used for enhancement of margin money maintained with the exchanges and general corporate purpose.Corporate Strategic Allianz Limited is the book running lead manager and Satellite Corporate Services Private Limited is the registrar to the issue. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!