IPO Details

Finshore Management Services Ltd
Registered Office: Sikkim Commercial House V Flr,Room No. 505 4/1 Middleton St.,Kolkata-700071, West Bengal
Tel. No: 91-033-40650291
Fax No:
Email: ipo@finshoregroup.com
Website: www.finshoregroup.com
Public issue of 6,66,670 equity shares of Rs. 10 each of Finshore Management Services Limited ("FMSL" or The "Company" or The "Issuer") for cash at a price of Rs. 60 per equity share (including share premium of Rs. 50 per equity share)("The Issue Price") aggregating Rs. 4.00 crores (The "Issue") of which 1,16,670 equity shares of Rs. 10 each will be reserved for subscription by Market Makers to the issue (The "Market Maker Reservation Portion"). The issue less the Market Maker Reservation Portion i.e. issue of 5,50,000 equity shares of Rs. 10 each is hereinafter referred at as the "Net Issue". The Issue and the Net Issue would constitute 30.42% and 25.10% of the fully diluted post issue paid-up equity capital of the company.

	Issue	Money Payable On
Opens On	Closes On	Application	Allotment
01-Jan-1970	01-Jan-1970	₹60.00 - 0.00	₹0.00 - 0.00

Minimum Application for shares in Nos : 2000	Further Multiples of : 2000

	(₹ Cr)	Lead Managers to the Issue
Project Cost	4.43	LSI Financial Services Pvt Ltd
Project Financed through Current Offer	4.00
Post Issue Equity Share Capital	2.19
Issue Price	60.00

Projects
Brand Building
Setting up of new offices
Renovation/Interior work of new premises
Capital Expenditure on Information System upgrad.
Investment in subsidiary

Promoted By
Lakshman Srinivasan
Sireen Sadhu

Listing At
BSE - SME

Registrar To The Issue
Karvy Computershare Pvt Ltd