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.
Company received its NBFC Registration in the year 2001. Hence, this company has been in the business of providing short term as well as longer duration loans and advances in the North Indian region for around a decade.
The company is planning to expand its portfolio of products and services by introducing products such as Loans against Property, IPO Funding, Financial and Management Consultancy in addition with the existing products of Unsecured ICD Loans and Personal Loans. Company has plan to continue to sell our products and services to existing corporate client base and further target other High Net Worth Individuals and Firms with impeccable credit track record to whom the company may advance funds both secured/ unsecured based on the risk profile and as envisaged in the loan policy of the company.
The Object of the Issue is to raise funds for:
1. To augment our capital base and provide for our fund requirements for increasing our operational scale with respect to our NBFC activities and
2. To meet Issue related Expenses
3. To receive the benefits of listing on the SME Platform of BSE Ltd.
| IPO Date | Mar 30, 2016 - Apr 5, 2016 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 4,224,000 Eq Shares of ₹10 (aggregating up to ₹6.34 Cr) |
| Face Value | ₹10 Per Equity Share |
| IPO Price | ₹15 Per Equity Share |
| Market Lot | 8000 Shares |
| Min Order Quantity | 8000 Shares |
| Listing At | BSE SME |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 8000 | ₹120,000 |
| Maximum | 1 | 8000 | ₹120,000 |
Date: 29 Sep 2015
This is in reference to the captioned public issue of the Company which was scheduled to open for subscription on September 30, 2015 and close on October 6, 2015. Trading members are informed that the BRLM to the issue of Franklin Leasing and Finance Ltd has informed the Exchange that the Company has decided to defer the Public Issue & shall not be proceeding with the issue programme.
| Listing Date | Wednesday, April 13, 2016 |
| BSE Script Code | 539839 |
| NSE Symbol | |
| Listing In | M |
| ISIN | INE399S01010 |
| IPO Price | ₹15 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
Franklin Leasing and Finance Ltd
Unit / Shop No. 205, 2nd Floor,
Aggarwal City Mall, Road No. 44,
Pitampura, Delhi - 110034
Phone: +91 11 42351486
Email: info.franklinleasing@gmail.com
Website: http://www.franklinleasing.in
Skyline Financial Services Private Ltd
D-153A, 1st Floor,
Okhla Industrial Area, Phase-I,
New Delhi -110020
Phone: +91 - 11 - 2681
Email: info@skylinerta.com
Website: http://www.skylinerta.com
Franklin Leasing IPO is a SME IPO of 4,224,000 equity shares of the face value of ₹10 aggregating up to ₹6.34 Crores.
The issue price of the IPO is ₹15 Per Equity Share. The minimum order quantity is 8000 Shares per application and the offer type is Fixed Price Issue.
The IPO opens on Mar 30, 2016 and closes on Apr 5, 2016.
Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Franklin Leasing IPO opens on Mar 30, 2016 and closes on Apr 5, 2016.
Franklin Leasing IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
The finalization of Basis of Allotment for Franklin Leasing IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Franklin Leasing IPO allotment status.
Franklin Leasing IPO lot size is 8000 Shares and the minimum order quantity is 8000 Shares.
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