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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 to Apr 5, 2016 |
| Listing Date | Wednesday, April 13, 2016 |
| Face Value | ₹10 per share |
| Price | ₹15 per share |
| Lot Size | 8000 Shares |
| Issue Size | 4,224,000 shares of ₹10 (aggregating up to ₹6.34 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
The Franklin Leasing IPO lot size is 8000 shares. A retail-individual investor can apply for up to 1 lots (8000 shares or ₹120,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8000 | ₹120,000 |
| Retail (Max) | 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.
There is no harm in giving a miss to this expensive offer.
Read detail review...
| Listing Date | Wednesday, April 13, 2016 |
| BSE Script Code | 539839 |
| NSE Symbol | |
| Listing In | M Group of Securities |
| ISIN | INE399S01010 |
| IPO Price | ₹15 per share |
| Face Value | ₹10 per share |
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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
Phone: 02228511022
Email: info@skylinerta.com
Website: https://www.skylinerta.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
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 is priced at ₹15 per share. The minimum order quantity is 8000 Shares.
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 lot size is 8000 Shares and the minimum order quantity is .
You can apply in Franklin Leasing IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
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.
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IPOANALYSIS| Link |Apr 2, 2016 2:15:46 AMit has lead manager as Aryaman financial and they are big fraud