Emkay Global Financial Services Ltd IPO

IPO Synopsis

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