IPO Issue Details
Issue Price / Price Band₹120 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size35,40,000 shares (aggregating up to ₹42.48 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 20 Jul 2015
Subscription CloseWed, 22 Jul 2015
Anchor AllotmentSun, 19 Jul 2015
Basis of AllotmentTue, 28 Jul 2015
Initiation of RefundsWed, 29 Jul 2015
Credit of Shares to DematWed, 29 Jul 2015
Listing DateWed, 05 Aug 2015
UPI Mandate Deadline2015-07-22
Application & Investment Details
Retail — Min (1 Lots)₹1,44,000 — 1,200 shares
Retail — Max (13 Lots)₹1,872,000 (13 Lots)
HNI — Min (2 Lots)₹2,88,000 — 2,400 shares
Net Offer to Public33,62,400 shares (aggregating up to ₹40.35 Cr)
Reserved for Market Maker1,77,600 shares (aggregating up to ₹2.13 Cr)
Pre-IPO Promoter Holding99,00,000 shares
Post-IPO Promoter Holding1,34,40,000 shares
About Amrapali Fincap Ltd.
Incorporated in 2010, Amrapali Fincap Ltd (AFL) is engaged in the business of providing loan and advances and in to the business of trading in commodity and Shares. Mainly they are trading in shares of listed entities, silver, gold and agriculture products.AFL provides unsecured short term loans to their customers. Majority of the loan and advances are provided to parties which are related to the promoter or associate concern of promoters. They provide these loans to select customers and conduct credit checks for these loans as they are unsecured. They are also in the business of trading in commodity and Shares. The majority turnover is from trading in shares.They also provides operational and marketing services at Naginwadi, Kankaria Ahmedabad with promoter company for the operational and other services for supply, construction, installation and commissioning of an ultra fast action, musical dancing fountain, laser projection system and four number of floating fountains, water screen at kankaria, Maninagar, Ahmadabad.
Objects of the Issue
Amrapali Fincap Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Purchase and set up of the office space in Ahmedabad
14.96
2
2 Investment in NBFC company
23.00
3
3 General corporate purpose
4.12
4
4 Meet the issue expenses
0.40
Shareholding & Lock-in
Pre-IPO Promoter Holding
99,00,000 shares
Post-IPO Promoter Holding
1,34,40,000 shares