Motilal Oswal Financial Services Ltd - IPO

Motilal Oswal Financial Services Ltd IPO Details

Public issue of 29,82,710 equity shares of face value of Rs.5/- each for cash at a price of Rs.825/- per equity share aggregating to Rs.246.07 Crores (Hereinafter referred to as the issue) by Motilal Oswal Financial Services Limited (the company orthe issuer). The face value of th equity shares is Rs. 5/- each. The issue includes a reservation of 1,42,310 equity shares for subscription by eligible employees (the employee reservation portion) at the issue price. The issue will constitute 10.50% and the net issue will constitute 10.00% of the post issue paid-up equity capital of the issuer. Issue Price is Rs.825 per equity share of Rs.5/- each.The issue price is 165 times the face value

Objective of issue

Augmenting Long Term Working Capital. Financing Activity. Purchase/Lease of new Office Space. General Corporate Purpose.

Motilal Oswal Financial Services Ltd Contact Details

Motilal Oswal Financial Services Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - shareholders@motilaloswal.com

Website - www.motilaloswalgroup.com