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Stellar Capital Services SME IPO opens on Oct 15

Public issue of 45 lakhs equity shares of a face value of Rs 10/- each of Stellar Capital Services is going to open for subscription on October 15 which will close on October 18.

October 15, 2013 / 08:56 IST

Delhi-based Stellar Capital Services has come out with its public issue of 45 lakhs equity shares of a face value of Rs 10/- each. The issue will be available for subscription during October 15-18.


The price band is fixed at Rs 20 per share. The equity shares offered through the prospectus are proposed to be listed on the BSE SME Platform.


The company intends to use issue proceeds for acquisition of offices on rent/lease in Kolkata & Jaipur and augmenting capital base.


Also Read - SME: Mitcon Consultancy IPO opens on Oct 15


The company is a non deposit taking non-systemically important non banking finance company engaged primarily in the business of advancing loans and investing/trading in securities.

Aryaman Financial Services is the lead manager to the issue. Skyline Financial Services Pvt Ltd is appointed as a registrar to the issue.

first published: Oct 14, 2013 08:28 pm

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