Naysaa Securities IPO opens for subscription: Media Report
05/09/2014 15:07
The issue of Naysaa Securities, a diversified financial services company offering a wide range of products & services covering equity broking and equity derivatives, has opened for subscription today, said the media report. The issue consists of 10 lakh (1 million) equity shares representing 28.76 percent of the post issue paid up equity share capital of the company. The issue price is fixed at Rs 15 per share with a lot size of 8,000 shares. Naysaa Securities expects to generate 1.5 crore from this issue and use it to expand domestic operations and network of branches; enhance margin money maintained with the exchanges; and other general corporate purposes. The company is headquartered in Mumbai, India and its main promoters are Mr. Vikram Jayantilal Lodha and Mr. Jayantilal Hansraj Lodha. Equity shares would be listed on the BSE SME platform. Guiness Corporate Advisors Private Limited is the lead manager to the issue and Bigshare Services Private Limited is the registrar.
05/09/2014 15:07
The issue of Naysaa Securities, a diversified financial services company offering a wide range of products & services covering equity broking and equity derivatives, has opened for subscription today, said the media report. The issue consists of 10 lakh (1 million) equity shares representing 28.76 percent of the post issue paid up equity share capital of the company. The issue price is fixed at Rs 15 per share with a lot size of 8,000 shares. Naysaa Securities expects to generate 1.5 crore from this issue and use it to expand domestic operations and network of branches; enhance margin money maintained with the exchanges; and other general corporate purposes. The company is headquartered in Mumbai, India and its main promoters are Mr. Vikram Jayantilal Lodha and Mr. Jayantilal Hansraj Lodha. Equity shares would be listed on the BSE SME platform. Guiness Corporate Advisors Private Limited is the lead manager to the issue and Bigshare Services Private Limited is the registrar.
