|
|
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 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.
| Money Masters IPO Date | Jul 23, 2013 to Jul 26, 2013 |
| Money Masters IPO Face Value | ₹10 per share |
| Money Masters IPO Price | ₹15 per share |
| Money Masters IPO Lot Size | |
| Issue Size | 1,336,000 shares of ₹10 (aggregating up to ₹2.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | The following are the Promoters of the Company: 1. Mr. Hozef Abdulhussain Darukhanawala; and |
Remarks: Considering the fate of SME counters in the recent past, risk aver investors can take a chance. Others can just avoid it.
Read detail review...
| Listing Date | Monday, August 12, 2013 |
| BSE Script Code | 535910 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE340O01013 |
| IPO Price | ₹15 per share |
| Face Value | ₹10 per 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
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 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.
Useful Articles
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training
|
|
