IFL Enterprises Limited IPO
IFL Enterprises Ltd, a subsidiary of India Finsec Ltd is engaged in the business of corporate advisory, debt syndication, and execution services with a focus on small and medium enterprises in corporate and non-corporate sectors in India. They are also involved in the business of trading in textile products primarily fabrics.
They have obtained Direct Selling Agency of PNB Housing Finance, Tata Capital Housing Finance Ltd, and IDFC Bank. Also, they are in process of obtaining DSA for ICICI Bank, Axis Bank, IDBI Bank and India Bulls. They operate as a trader in textile products, primarily fabrics. IFL act as an intermediary between buyer and seller buying goods on a cash basis and providing credit to cash-strapped businessmen in this field.
Objects of the IFL Enterprises Limited IPO:
IFL Enterprises Limited IPO Details:
|Open Date:||Mar 07 2017|
|Close Date:||Mar 10 2017|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||3.25 Cr.|
|Lot Size:||6000 Shares|
|Issue Price:||₹ 20 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Mar 21 2017|