Mahindra & Mahindra Financial Services Ltd IPO
IPO Details
- Open Date 21-Feb-06
- Close Date 24-Feb-06
- Lot Size 35
- IPO Size ₹ 400 Cr
- IPO Price Range ₹ 200
- Min Investment ₹ 7000
- Listing Exchange -
- Basis of Allotment TBA
- Refunds TBA
- Credit to Demat Account TBA
- Listing Date TBA
IPO Synopsis
Public Issue of 20,000,000 Equity Shares of Rs. 10 each for cash at a price of Rs.200 per Equity Share aggregating Rs.400 crores, comprising a Fresh Issue of 10,000,000 Equity Shares of Rs. 10 each by Mahindra & Mahindra Financial Services Limited (Mahindra Finance, the Company or the Issuer) and an Offer for Sale of 10,000,000 Equity Shares of Rs. 10 each by Mahindra & Mahindra Limited (M&M) and certain other shareholders of the Company (together with M&M the Selling Shareholders). The Fresh Issue and the Offer for Sale are jointly referred to herein as the Issue (the Issue). The Issue will constitute 23.26% of the fully diluted post issue paid-up capital of the Company. Issue price is 20 times the face valueMahindra & Mahindra Financial Services Ltd Financial Status
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Contact Details of Mahindra & Mahindra Financial Services Ltd IPO
Contact Information
Gateway Building,
Apollo Bunder,
Mumbai, Maharashtra 400001
Mahindra & Mahindra Financial Services Ltd IPO Lead Manager
ABN AMRO Securities (India) Pvt LtdKotak Mahindra Capital Company LtdIPO News
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