| Karnavati Finance Ltd |
|---|
| Registered Office: 705 Palm Spring Centre, Link Road Malad (West), Mumbai - 400064, Maharashtra |
| Phone: |
| Email: karnavatifinance@gmail.com |
| Website: www.karnavatifinancelimited.com |
| Public issue of 25,80,000 equity shares of Rs. 10/- each of Karnavati Finance Limited ("KFL" or the "company" or the "issuer") for cash at a price of Rs. 10/- per share (the "issue price") aggregating to Rs. 2.58 crores ("the issue"), of which 1,40,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 24,40,000 equity shares of Rs. 10 each at a price of Rs. 10 aggregating to Rs. 2.44 crores is herein after referred to as the "net issue". The issue and the net issue will constitute 30.86% and 29.19%, respectively of the post issue paid up equity share capital of the company The face value of the equity shares is Rs. 10 each and the issue price of Rs. 10, is 1(One) time of the face value. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 19-Jan-2015 | 21-Jan-2015 | ₹ 10.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 10000.0 Further Multiples of : 10000.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 2.58 | Corporate Strategic Allianz Ltd |
| Project Financed through Current Offer | 2.58 | |
| Post Issue Equity Share Capital | 8.36 | |
| Issue Price | ₹10.00 | |
| Projects |
|---|
| To augment capital base & to increase NBFC operat. |
| Promoted By |
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| Raman Morzaria |
| Jay Morzaria |
| Listing At |
|---|
| BSE - SME |
| Registrar to the Issue |
|---|
