Emkay Global Financial Services Ltd - IPO

Emkay Global Financial Services Ltd IPO Details

Public issue of 62,50,000 equity shares of Rs. 10 each at a price of Rs.120 each for cash at a premium aggregating to Rs.75 Crores including employee reservation of 2,00,000 equity shares of Rs. 10/- each at a price of Rs.120 each for cash at a premium aggregating to Rs.2.4 Crores and net issue to the public of 60,50,000 equity shares of Rs. 10 each at a price of Rs.120 each for cash at a premium aggregating Rs.72.60 crores. The net issue would constitute 25.88% of the fully diluted post issue paid up capital of the company.Issue Price is Rs.120 per equity share of Rs. 10/- each.Issue price is 12 times of the face value

Objective of issue

Expansion of operations & branch network. Technology and business continuity planning. Investment in subsidiaries. Augmenting long term working capital.

Emkay Global Financial Services Ltd Contact Details

Emkay Global 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 - compliance@emkayglobal.com

Website - www.emkayglobal.com