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Open
10 Mar 2016
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Close
18 Mar 2016
3
Allotment
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Listing
Wed, Mar 30, 2016
Price Band
₹50 per share
Issue Size
16,83,000 shares (agg. up to ₹8 Cr)
Lot Size
3,000 Shares
Listing Date
Wed, Mar 30, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.42x |
Restated Financials (₹ Cr.)
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Blueblood Ventures Ltd. | SME | ₹7.04 Cr | ₹50 | null | ₹45.05 | -9.90% | (+0.00%) |
| Navigant Corporate Advisors Ltd. | SME | ₹1.19 Cr | ₹14 | null | ₹13.78 | -1.57% | ₹72.92 (-4.99%) |
| SSPN Finance Ltd. | SME | ₹1.50 Cr | ₹20 | null | ₹14.40 | -28.00% | ₹7.81 (-4.99%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting long term Working Capital for Bond market operations | 5.50 |
| 2 | Technology Upgrade | 1.00 |
| 3 | Expansion of our domestic operations for mutual fund distribution business | 0.50 |
| 4 | Issue Related Expenditure | 0.50 |
| 5 | General Corporate Purpose | 0.90 |
About Wealth First Portfolio IPO
Wealth First Portfolio Managers Ltd (WFPM) is a one-stop financial services provider for various types of financial products available in the Indian market. Its product portfolio provides the right mix of financial assets that suits financial goals in the short and long term depending on the client's perception and need. WFPM offers in-depth research for products that deliver compatible performance in terms of yield as well as makes sure that investments stay secure over the period, though the market risk is always there which is beyond the company's control.The company offers various financial instruments according to risk appetite and holding period of clients that include Government Bonds & Securities, Direct Equity, Cash Management Services, Derivative products, Mutual Funds, Insurance products, Commodities, REITS and Market Making Services. It is registered with BSE Limited and National Stock Exchange of India Limited as its member. WFPM is also registered with CDSL as a Depositary Participant. The major part of its revenue comes from the sale & purchase of taxable & tax-free bonds and brokerages & commissions from the Mutual fund distribution business.+ Read More
Contact Details
Wealth First Portfolio Managers Ltd. AddressCapitol House, 10 Paras-IINear Campus Cornor, Prahalad NagarAnand NagarAhmedabad, Gujarat, 38005107940240000Visit Website