Money Masters Leasing & Finance Ltd IPO

IPO Synopsis

Public issue of 13,36,000 equity shares of face value of Rs. 10 each for cast at a price of Rs. 15 per equity share (including a share premium of Rs. 5 per equity share) aggregating to Rs. 2.00 crores (The Issue)) by the company, of which 8,000 equity shares of Rs. 10 each will be reserved for subscription by Market Makers to the issue (Market Maker Reservation Portion). The issue less the Market Maker reservation portion i.e. Issue of 12,56,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 29.73% and 27.95%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 each. The issue price is Rs. 15 per equity share and is 1.5 times the face value of the equity shares.