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Open
10 Mar 2015
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Close
12 Mar 2015
3
Allotment
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Listing
Mon, Mar 16, 2015
Price Band
₹20 per share
Issue Size
7,50,000 shares (agg. up to ₹2 Cr)
Lot Size
6,000 Shares
Listing Date
Mon, Mar 16, 2015
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.18x |
Restated Financials (₹ Cr.)
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| GCM Capital Advisors Ltd. | SME | ₹9.00 Cr | ₹20 | null | ₹35.20 | +76.00% | ₹3.86 (-4.93%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting long term working capital | 1.15 |
| 2 | Public Issue Expenses | 0.35 |
About SSPN Finance IPO
Incorporated in 2012, SSPN Finance is a financial services company offers corporate and financial advisory services which includes Project Advisory, Loan Syndication, Mergers & Acquisitions and Private Equity. The Corporate Advisory services clients ranging from medium-sized corporates, SMEs and family managed businesses.They are also engaged in making investment in the form of Debt & Equity in various companies. They also fund the requirements of clients and business associates by providing short term loans and advances to them and earning interest income from the same. These advances are made typically in known circle and through proper reference checks. Also they provide real estate advisory services. They provide efficient, low-cost, secure investment strategies to investors both individual and institutional across Mumbai to meet their financial objectives.+ Read More
Contact Details
SSPN Finance Ltd. Address106, Siddhesh Apt, 2nd Khattar GaliThakurdwar RoadCharni Road (East)Mumbai, Maharashtra, 400004+91 22 6127 5138sspnfinance@gmail.comVisit Website