IPO Details

Polaris Financial Technology Ltd
Registered Office: Polaris House, 244 Anna Salai, Chennai - 600006, Tamil Nadu
Phone: 91-44-39874000/28524154
Email: marketing@polarisFT.com
Website: www.polarisFT.com
Public issue of 35,12,500 new equity shares("Issue") of Rs 10/- each for cash at a premium of Rs 200/- per share aggregating to Rs 73.76 cr and an offer for sale by existing members("Offerors") of 8,53,150 equity shares at a price of Rs 210 per share aggregating Rs 17.92 cr (jointly referred to as the "offer")
Polaris Financial Technology Ltd
Registered Office: Polaris House, 244 Anna Salai, Chennai - 600006, Tamil Nadu
Phone: 91-44-39874000/28524154
Email: marketing@polarisFT.com
Website: www.polarisFT.com
Public issue of 35,12,500 new equity shares("Issue") of Rs 10/- each for cash at a premium of Rs 200/- per share aggregating to Rs 73.76 cr and an offer for sale by existing members("Offerors") of 8,53,150 equity shares at a price of Rs 210 per share aggregating Rs 17.92 cr (jointly referred to as the "offer")
Issue Money Payable On
Opens On Closes On Application Allotment
04-Aug-1999 10-Aug-1999 210.00 0.00
Issue Money Payable On
Opens On Closes On Application Allotment
04-Aug-1999 10-Aug-1999 210.00 0.00
Minimum Application for shares in Nos : 50.0 Further Multiples of : 50.0
()Cr. Lead Managers to the Issue
Project Cost 0.00 NA
Project Financed through Current Offer 17.92
Post Issue Equity Share Capital 17.06
Issue Price 210.00
Project Cost 77.46 NA
Project Financed through Current Offer 73.76
Post Issue Equity Share Capital 17.06
Issue Price 210.00
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