Inventure Growth & Securities Limited has informed the share market (BSE/NSE) that the shares of its recent Initial Public Offering (IPO) will list on 4th August 2011. The IPO was open between 20th July 2011 to 22nd July 2011. The price band was Rs 100 to Rs 117 and the Issue Price was fixed at the upper level of the price band, Rs 117 per equity share. The company had entered into primary market with an Initial Public Offering (IPO) of Rs 81.90 Crore. Inventure Growth & Securities Limited (IGSL) is in the business of providing services in equity cash and derivatives market, debt market, commodities and currency futures segment to financing activity, wealth management, and distributions of financial product.
IPO Listing Detail :-
Listing Date: 4th August 2011
BSE Scrip Code : 533506
NSE Symbol : INVENTURE
Listing In : ‘B’ Group of Securities
ISIN : INE878H01016
Issue Price : Rs. 117.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share
The proceeds of the IPO are proposed to be utilized for investment in the company’s subsidiary, Inventure Finance Pvt Ltd, to meet long term working capital requirement, general corporate purposes and IPO expenses.
The equity shares offered through the IPO are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Sole Book running lead manager (BRLM) to the issue is Intensive Fiscal Services Private Limited.
Registrar of the Issue : Link Intime India Private Limited.
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