Motilal Oswal Financial Services Limited is Mumbai based prime financial services provider. Motilal Oswal financial products and services include retail wealth management (including securities and commodities broking), portfolio management services, institutional broking, venture capital management and investment banking services.
With 1160 business locations and more than 2,00,000 investors in over 360 cities, Motilal Oswal is very well established player in wealth creation and wealth management business.
Motilal Oswal Financial Services Limited is the holding company and it operates through four subsidiaries:
1. Motilal Oswal Securities Limited (MOSt):
Incorporated in 1987, MOSt is a leading research and advisory based stock broking house. MOSt services include equities, derivatives, e-broking, portfolio management, mutual funds, commodities, IPOs and depository services.
2. Motilal Oswal Commodities Brokers Pvt Ltd(MOCB):
Incorporated in 2004, MOCB provides commodity trading facilities and related products.
3. Motilal Oswal Venture Capital Advisors Private Limited (MOVC):
MOVC manages India Business Excellence Fund (IBEF), a US$ 100 mn India focused Private Equity Fund backed by Motilal Oswal.
4. Motilal Oswal Investment Advisors Private Limited (MOIA):
MOIA manages investment banking business of Motilal Oswal.
The objects of the Issue are to raise funds to enable us to improve our competitive position and support our growth plans through long term working capital deployment, an enhanced financing facility for broking customers, additional office space and technology advancement.
IPO Opening Date | Aug 20, 2007 |
IPO Closing Date | Aug 23, 2007 |
Issue Type | Book Built Issue IPO |
Face Value | ₹5 per equity share |
IPO Price | ₹725 to ₹825 per equity share |
Market Lot | 8 Shares |
Min Order Quantity | 8 Shares |
Listing At | BSE, NSE |
Issue Size | 2,982,710 Eq Shares of ₹5 (aggregating up to ₹246.07 Cr) |
The Motilal Oswal IPO market lot size is 8 shares. A retail-individual investor can apply for up to 30 lots (240 shares or ₹198,000).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 8 | ₹6,600 |
Maximum | 30 | 240 | ₹198,000 |
The Motilal Oswal IPO is subscribed 27.41x times on Aug 23, 2007 17:00. The public issue subscribed 4.44x in the retail category, 43.90x in the QIB category, and 10.26x in the NII category. Check Day by Day Subscription Details (Live Status)
Category | IPO Subscription |
---|---|
Total | 27.41x |
Listing Date | Tuesday, September 11, 2007 |
BSE Script Code | 532892 |
NSE Symbol | MOTILALOFS |
Listing In | B1 |
ISIN | INE338I01027 |
IPO Price | ₹825 per equity share |
Face Value | ₹5 per equity share |
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Motilal Oswal Financial Services Ltd
Palm Spring Centre, 2nd Floor,
Palm Court Complex, New Link Road,
Malad (West), Mumbai 400 064, Maharashtra, India.
Phone: +91 22 3080 1000
Email: initialoffer@motilaloswal.com
Website: http://www.motilaloswal.com
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: mofsl.ipo@intimespectrum.com
Website: http://www.linkintime.co.in
Motilal Oswal IPO is a main-board IPO of 2,982,710 equity shares of the face value of ₹5 aggregating up to ₹246.07 Crores. The issue is priced at ₹725 to ₹825 per equity share. The minimum order quantity is 8 Shares.
The IPO opens on Aug 20, 2007, and closes on Aug 23, 2007.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Motilal Oswal IPO opens on Aug 20, 2007 and closes on Aug 23, 2007.
Motilal Oswal IPO lot size is 8 Shares and the minimum order quantity is 8 Shares.
You can apply in Motilal Oswal 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 Motilal Oswal IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Motilal Oswal IPO allotment status.
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