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IFL Enterprises Ltd IPO (IFL Enterprises IPO) Detail

Mar 7, 2017 - Mar 10, 2017

Incorporated in 2009, IFL Enterprises Ltd, a subsidiary of India Finsec Ltd is engaged in the business of corporate advisory, debt syndication, and execution services with a focus on small and medium enterprises in corporate and non-corporate sectors in India. They are also involved in the business of trading in textile products primarily fabrics.

They have obtained Direct Selling Agency of PNB Housing Finance, Tata Capital Housing Finance Ltd, and IDFC Bank. Also they are in process of obtaining DSA for ICICI Bank, Axis bank, IDBI Bank and India Bulls. They operate as a trader in textile products, primarily fabrics. IFL act as an intermediary between buyer and seller buying goods on cash basis and providing credit to cash-strapped businessmen in this field.

Company Promoters:

The promoters of the company are:

1. India Finsec Limited and
2. Mr. Mukesh Sharma

Objects of the Issue:

The object of the issue are:

1. Repayment of Unsecured Loans from NBFC;
2. General Corporate Purposes;
3. Issue Expenses

IFL Enterprises IPO Details

Issue OpenMar 7, 2017 - Mar 10, 2017
Issue TypeFixed Price Issue IPO
Issue Size1,626,000 Eq Shares of Rs 10
(aggregating up to Rs 3.25 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 20 Per Equity Share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME

IFL Enterprises IPO Subscription Status (Bidding Detail)

IFL Enterprises IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Employee

Others

Total

Shares Offered

-

-

-

-

-

-

Mar 8, 2017 18:00

IFL Enterprises IPO Prospectus

IFL Enterprises IPO Rating

56
3.5
Rating:Rated 3.5 stars

Vote Here ...

IFL Enterprises IPO Listing Date

Listing DateTuesday, March 21, 2017
BSE Script Code540377
NSE Symbol
Listing InM
ISININE714U01016
Issue PriceRs 20 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE SME
Rs 20.00
Rs 19.80
Rs 16.60
Rs 20.05
Rs 20.05
420,000

IFL Enterprises IPO Reviews / Ratings

Company Contact Information

IFL Enterprises Ltd
D-16, 1st Floor,
Prashant Vihar, Sector-14,
Rohini, Delhi - 110085

Phone: +91 11 2755 5434
Email: iflenterprises@rediffmail.com
Website: http://www.iflenterprises.com

IFL Enterprises IPO Registrar

Skyline Financial Services Private Ltd
   D-153A, 1st Floor,
   Okhla Industrial Area, Phase-I,
   New Delhi -110020

Phone: +91 - 11 - 2681
Email: admin@skylinerta.com
Website: http://www.skylinerta.com

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IFL Enterprises IPO Review / Comments

avatar
18. Prabhakaran Kuppusamy  May 18, 2017 12:21 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
It is worth buying IFL at 10 INR/share (fair price would be 7-8 INR/share).
Now its PE is 16 compared to its peers trading at 11 (but it''s book looks better than the peers).
avatar
17. SJAIn  May 9, 2017 19:24 I Like It. | Report Abuse
I have bid at 58 Rs. Should i withdraw my application and bid to 60 RS ?
avatar
16. Ankur Goell  May 9, 2017 09:37 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 800+ Likes)
Indicative price 700.
avatar
15. BABUKALIA  Apr 27, 2017 14:12 I Like It. | Report Abuse
APPLIED IN 3 APPLICATION..0 ALLOTMENT
avatar
14. BABUKALIA  Apr 27, 2017 14:12 I Like It. | Report Abuse
APPLIED IN 3 APPLICATION..0 ALLOTMENT
avatar
13. gundu anna  Apr 26, 2017 17:33 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
I will likely to apply for a lot, but final decision on last day around 2 pm looking at QIB subscription
avatar
12. DSR  Mar 31, 2017 00:26 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
I think allotment is finalized. ASBA locked amount re-appearing in my savings account as increased available balance. This time again I did not get the allotment.
avatar
11. Deepak G. Agarwal  Mar 30, 2017 20:40 I Like It. | Report Abuse
T segment Listing, where does it say that ?
If its a wrong information, its done by people to thwart any short selling.
avatar
10. Deepak G. Agarwal  Mar 30, 2017 20:35 I Like It. | Report Abuse
Can someone please inform where is it mentioned about the T segment listing ? I have not seen it anywhere.

In case its not mentioned about the T segment listing, it could be a ploy to thwart any short selling tomorrow.

Pls guide us as to where is it mentioned about the T segment listing.
avatar
9. Rajtheraja  Mar 19, 2017 21:04 I Like It. | Report Abuse
Anyone tell me about this IPO.listing me Kya hoga???
avatar
8. Natvarsinh  Mar 17, 2017 17:41 I Like It. | Report Abuse
It should be out at any cost by Registrar as per SEBI''S guidelines.So,wait till end of day,mean midnight,everyone.
avatar
7. ARB  Mar 9, 2017 20:26 I Like It. | Report Abuse
How to sell SME shares.I have a trading account in ICICI Direct,Tradejini and in Motilal Oswal also.Plz guide me.
avatar
6. IPOANALYSIS  Mar 9, 2017 15:52 I Like It. 1 | Report Abuse
ALL THREE OPEN SME IFL ENTERPRISE ,SARTHAK METAL AND MANOMAY TEX ARE FUNDAMENTALLY VERY WEAK COMPANIES.

DO NOT APPLY IN ANY OF THEM

MANY BETTER COMPANIES AVAILABLE IN SECONDARY MARKET.

MY PERSONAL FAVOURITES WHICH CAN BE BOUGHT AND GIVE MULTIBAGGER RETURNS

1) JET FREIGHT LOGISTICS
2) AURANGABAD DISTILLERY
3) Fourth dimension
4) lancer container
5)hitech pipe
6) cawasji behramji
7) jiya ecoproducts
8)loyal equipment
9)advance syntex
10)dra consultant

Add above 10 sme in your portfolio for multibagger retruns

avatar
6.1. arbandyo  Mar 10, 2017 05:26 I Like It. | Report Abuse
Loyal equipment took more than one journey to cross its issue price. But run was fascinating i foo posses that but could not exit at 54. The high.than
avatar
5. DURAISWAMY  Mar 9, 2017 10:24 I Like It. | Report Abuse
Funny software bse SME IPO AND AMSONS APPARELS LTD ARE TRADING BELOW THE FACE VALUE. SO AVOID SME IPO.
avatar
4. Jasmin  Mar 7, 2017 21:30 I Like It. | Report Abuse
It''s good to see QIB subscription. Now retail investor may apply.
avatar
3. IPOANALYSIS  Mar 7, 2017 16:29 I Like It. | Report Abuse
DoES IT HAVE REVENUE OF ONLY 1.86 core and profit of 3 lakh.

how can such come up with an sme with such low turnover company?
avatar
2. Deepak Kumat  Mar 4, 2017 14:18 I Like It. 2 | Report Abuse
Dear Sir

Plz advice should I apply one lot. What are your opinion

Thanks
avatar
2.1. Deepak Kumat  Mar 4, 2017 15:32 I Like It. | Report Abuse
PLZ REPLY

avatar
2.2. SONMAYA  Mar 4, 2017 17:39 I Like It. 4 | Report Abuse
Top Contributor Top Contributor (300+ Posts)
BIG.....AVOID......
avatar
1. pin  Mar 4, 2017 09:50 I Like It. | Report Abuse
Any gmp or subject to allotment available pls tell me...????



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