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Open
29 Oct to 1 Nov, 2007
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Close
29 Oct to 1 Nov, 2007
3
Allotment
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Listing
Wed, Nov 21, 2007
Price Band
₹160 to ₹185
Issue Size
75,76,102 shares (agg. up to ₹140 Cr)
Lot Size
35 Shares
Listing Date
Wed, Nov 21, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 159.40x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To expand domestic operations and network of branches | 25.50 |
| 2 | To fund retail finance business and | 50.00 |
| 3 | To expand financing activity | 114.09 |
About Religare Enterprises IPO
Religare Enterprises Limited is Ranbaxy Laboratories Limited promoted financial product and service provider company.Religare provide its service in three different segments including Retail, Wealth management and the Institutional spectrum. It offers wide range of services including equities, commodities, insurance broking, wealth advisory, portfolio management services, personal finance services, Investment banking and institutional broking services. Religare’s retail network spreads across more than 900 locations across more than 300 cities and towns in India.Religare businesses are operated through its 10 subsidiaries. Religare major business includes: 1. Religare Securities Limited (RSL) - Stock Broker. 2. Religare Finvest Limited (RFL) - Involve in personal credit (such as loans against shares (LAS), and personal loans), distribution of mutual funds, wealth management, IPO financing, and corporate finance services. 3. Religare Commodities Limited (RCL) - Commodity Broker. 4. Religare Insurance Broking Limited (RIBL)-Insurance broker to distribute products and services of life insurance companies, non life insurance companies and re-insurance businesses.People who wonder where
Contact Details
Religare Enterprises Ltd. AddressReligare Enterprises Limited19 Nehru PlaceNew Delhi, New Delhi, 110019+91-40-6636 9058investorservices@religare.inVisit Website