Money Masters Leasing & Finance Ltd IPO (Money Masters IPO) Detail

Jul 23, 2013 - Jul 26, 2013

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.

Objects of the Issue

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 Details

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 Size1,336,000 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
2. Mrs. Durriya Hozefa Darukhanawala.

Money Masters IPO Review

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...

Money Masters IPO Prospectus

Money Masters IPO Rating

Rating:Rated 2.4 stars
Vote Here ...

Money Masters IPO Listing Date

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

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Money Masters Leasing & Finance Ltd
4, Akash Deep, Ground Floor,
TPS VI, Road No. 1, Milan Subway,
Santacruz (West), Mumbai-400054
Phone: 022 - 26103848

Money Masters IPO Registrar

Universal Capital Securities Pvt. Ltd

Phone: +91-22-28207203

Money Masters IPO Review

Money Masters IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

IPO Broker Recommendations

Money Masters IPO FAQs

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.

The Money Masters IPO listing date is on Monday, August 12, 2013.
Open an Instant Account with Zerodha

Money Masters IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



1. DURAISWAMY |   Link |Jul 29, 2013 9:43:42 AM
Who is the registrar for money masters