Incorporated in 1994, Money Masters Leasing & Finance Ltd is in the business of financing of hire purchase basis to Auto Rickshaws, computers, Industries Machinery & tools, cars & Equipments. Company is a NBFC registered with RBI to Carry on NBFC activities and also provide loans against property.
MMLF caters mainly to small and medium business enterprises. The company also helps entrepreneurs in beginning business by providing finance against machinery's etc. Its also specializes in consumer finance & Public vehicle finance and other core of area of revenue generation. Till date the company has financed around 3000 auto rickshaws on hire purchase.
The following are the Promoters of the Company:
1. Mr. Hozef Abdulhussain Darukhanawala; and
2. Mrs. Durriya Hozefa Darukhanawala.
The Net Proceeds of the Issue are proposed to be utilised by the Company for the following objects:
1. To augment capital base and provide for fund requirements for increasing Asset Financing Operations; and
2. To meet the expenses of the issue.
| IPO Opening Date | Jul 23, 2013 |
| IPO Closing Date | Jul 26, 2013 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹15 per equity share |
| Market Lot | |
| Min Order Quantity | |
| Listing At | BSE SME |
| Issue Size | 1,336,000 Eq Shares of ₹10 (aggregating up to ₹2.00 Cr) |
| Listing Date | Monday, August 12, 2013 |
| BSE Script Code | 535910 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE340O01013 |
| IPO Price | ₹15 per equity share |
| Face Value | ₹10 per equity share |
|
|
Money Masters Leasing & Finance Ltd
4, Akash Deep, Ground Floor,
TPS VI, Road No. 1, Milan Subway,
Santacruz (West), Mumbai-400054
Phone: 022 - 26103848
Email: ipo.moneymasters@gmail.com
Website: http://moneymasters.in/
Universal Capital Securities Pvt. Ltd
21, Shakil Niwas Opp Saibaba Temple,
Mahakali Caves Road, Andheri (E),
Mumbai: - 400093.
Phone: +91-22-28207203
Email: info@unisec.in
Website: http://www.unisec.in
Money Masters IPO is a SME IPO of 1,336,000 equity shares of the face value of ₹10 aggregating up to ₹2.00 Crores. The issue is priced at ₹15 per equity share. The minimum order quantity is .
The IPO opens on Jul 23, 2013, and closes on Jul 26, 2013.
Universal Capital Securities Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Money Masters IPO opens on Jul 23, 2013 and closes on Jul 26, 2013.
Money Masters IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Money Masters 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Money Masters IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Money Masters IPO allotment status.
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