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Open
20 Aug 2007
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Close
23 Aug 2007
3
Allotment
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Listing
Tue, Sep 11, 2007
Price Band
₹725 to ₹825
Issue Size
29,82,710 shares (agg. up to ₹246 Cr)
Lot Size
8 Shares
Listing Date
Tue, Sep 11, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 27.15x |
Restated Financials (₹ Cr.)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| Total | 27.15 | 29,82,710 | 8,09,80,768 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting long term working capital | 40.00 |
| 2 | Financing activity | 110.00 |
| 3 | Purchase / lease of new office space for business expansion | 35.00 |
| 4 | General corporate purpose | |
| 5 | Technology | 10.20 |
| 6 | Issue expenses |
About Motilal Oswal Financial IPO
Motilal Oswal Financial Services Limited is Mumbai based prime financial services provider. Motilal Oswal financial products and services include retail wealth management (including securities and commodities broking), portfolio management services, institutional broking, venture capital management and investment banking services.With 1160 business locations and more than 2,00,000 investors in over 360 cities, Motilal Oswal is very well established player in wealth creation and wealth management business.Motilal Oswal Financial Services Limited is the holding company and it operates through four subsidiaries:1. Motilal Oswal Securities Limited (MOSt):Incorporated in 1987, MOSt is a leading research and advisory based stock broking house. MOSt services include equities, derivatives, e-broking, portfolio management, mutual funds, commodities, IPOs and depository services. 2. Motilal Oswal Commodities Brokers Pvt Ltd(MOCB):Incorporated in 2004, MOCB provides commodity trading facilities and related products.3. Motilal Oswal Venture Capital Advisors Private Limited (MOVC):MOVC manages India Business Excellence Fund (IBEF), a US$ 100 mn India focused Private Equity Fund backed by Motila
Contact Details
Motilal Oswal Financial Services Ltd. AddressPalm Spring Centre, 2nd FloorPalm Court Complex, New Link RoadMalad (West)Mumbai, Maharashtra, 400064+91 22 3080 1000initialoffer@motilaloswal.comVisit Website