SRG Housing Finance

SRG Housing Finance has launched an IPO of 3,504,000 Equity Shares of Rs.10 face value each.

Incorporated in 1999, SRG Housing Finance Ltd is engaged in the business of providing housing finance for home ownership, by offering:

1. Individual Home Loans and
2. Loans against Property

SRG Housing Finance is headquartered in Udaipur, Rajasthan. They have 1 Head office and 3 satellite centers located in Rajasthan. They are targeting to open another 10 satellite centers which are to be located in tier 2 cities, tier 3 cities, District and Tehsil head quarters and at the peripheries of tier 1 cities.

Objects of the Issue:

1. To augment our capital base and provide for fund requirements for increasing operational scale with respect to disbursement of housing and related loans activities.
2. To Meet the Issue Expenses.

Issue Detail:

Issue Open: Aug 22, 2012 - Aug 24, 2012
Issue Type: Fixed Price Issue IPO
Issue Size: 3,504,000 Equity Shares of Rs. 10
Issue Size: Rs.7.01 Crore
Face Value: Rs.10 Per Equity Share
Issue Price: Rs.20 Per Equity Share
Market Lot: 6000 Shares
Minimum Order Quantity: 6000 Shares
Listing At: BSE SME

Reader's Comment (1)

1: Hi,

This is a good move, but how do people in Busia access your forms if we wish to buy this shares. Please advice.

Regards.

Posted by: Bernardine Dorothy Ikapel - 01:13 PM Jan 23, ' 15

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