✓
Open
19 Jan 2015
✓
Close
21 Jan 2015
3
Allotment
—
✓
Listing
Thu, Feb 5, 2015
Price Band
₹10 per share
Issue Size
25,80,000 shares (agg. up to ₹3 Cr)
Lot Size
10,000 Shares
Listing Date
Thu, Feb 5, 2015
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.20x |
Restated Financials (₹ Cr.)
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vibrant Global Capital Ltd. | SME | ₹11.48 Cr | ₹19 | null | ₹20.00 | +5.26% | ₹55.45 (+0.82%) |
| Dhanuka Commercial Ltd. | SME | ₹4.44 Cr | ₹10 | null | ₹9.75 | -2.50% | ₹60.71 (+0.05%) |
| SPS Finquest Ltd. | SME | ₹25.09 Cr | ₹75 | null | ₹75.55 | +0.73% | ₹178.75 (-1.97%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To augment the capital base and provide for the fund requirements for increasing the NBFC activities/Financing Operations. | 2.06 |
| 2 | Public Issue Expenses | 0.52 |
About Karnavati Finance IPO
Incorporated in 1989, Karnavati Finance Ltd is a Non Deposit taking Loan Company (NBFC-ND-LC) engaged in the business of providing loans as per the requirement of customers and they are both secured and unsecured finance.Thay are mainly involved in business loan and personal loan. Company's products are typically directed at Individuals and small and medium size entities. KFL's loan products are customized to the requirements of their borrowers, broadly classified as:A. Business LoanB. Personal financeThey provide finance for every unique requirement of businessmen, Micro, Small and Medium Enterprises (MSME) and promising entrepreneurs as well as Individual Personal Loans which doesn‘t require any security and can be availed for any purpose like marriage, personal use, business working capital, expansion, etc.+ Read More
Contact Details
Karnavati Finance Ltd. AddressUnit No.2Sagar Deep Darshan Co Op Society LtdS.V Road, Borivali (W)Mumbai, Maharashtra, 400092+91-0288-2663042karnavatifinance@gmail.comVisit Website