IFCI Factors, a part of IFCI_group, has filed a DRHP

IFCI Factors, a part of IFCI_group, has filed a DRHP along with Securities and Exchange Board of India for an IPO on 28,July 2011.

The firm propose to make a public_issue of 39,086,628 equity stocks of Rs 10each for_cash at price tobe found via a 100% book_building process. The IPO Issue will comprise 33percent of the post_Issue paid up share capital of the firm.

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