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Open
7 Mar 2017
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Close
10 Mar 2017
3
Allotment
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Listing
Tue, Mar 21, 2017
Price Band
₹20 per share
Issue Size
16,26,000 shares (agg. up to ₹3 Cr)
Lot Size
6,000 Shares
Listing Date
Tue, Mar 21, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.52x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Maheshwari Logistics Ltd. | SME | ₹27.17 Cr | ₹68 | null | ₹76.35 | +12.28% | ₹73.00 (-1.24%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of Unsecured Loans from NBFC | 2.50 |
| 2 | General Corporate Expenses | 0.34 |
About IFL Enterprises IPO
Incorporated in 2009, IFL Enterprises Ltd, a subsidiary of India Finsec Ltd is engaged in the business of corporate advisory, debt syndication, and execution services with a focus on small and medium enterprises in corporate and non-corporate sectors in India. They are also involved in the business of trading in textile products primarily fabrics.They have obtained Direct Selling Agency of PNB Housing Finance, Tata Capital Housing Finance Ltd, and IDFC Bank. Also they are in process of obtaining DSA for ICICI Bank, Axis bank, IDBI Bank and India Bulls. They operate as a trader in textile products, primarily fabrics. IFL act as an intermediary between buyer and seller buying goods on cash basis and providing credit to cash-strapped businessmen in this field.+ Read More
Contact Details
IFL Enterprises Ltd. AddressD-16, 1st FloorPrashant ViharSector-14Delhi, New Delhi, 110085+91 11 2755 5434iflenterprises@rediffmail.comVisit Website