Microsec Financial Services IPO

Microsec Financial Services Limited IPOMicrosec Financial Services Limited announced its initial public offering (IPO) open September 17, 2010 and would remain open for subscription till September 21, 2010. The company raise nearly Rs 148 crore-through the IPO issue. The price band of the issue is Rs.113 (lower level) to Rs.118 (higher level).

‘MFSL’ is actually a financial services firm involved in the company of investment as well as financing , brokerage, financial planning, investment banking, insurance broking, wealth management and related services.

Microsec Financial Services Ltd, is usually a non-banking financial firm authorised from the RBI. Microsec Financial Services Ltd is involved in the company of financing, that mainly comprises providing loans against stocks, and doing investments. It’s also the best holding firm of the Microsec Group, that functions as an integrated team in offering its numerous monetary services and products to its targeted customer base of retail traders, high net worth firms, people and establishments.

Face Value; Rs.10
Tick Size; 1
Minimum Order Qty:52
Market Lot: 52
Issue Type is Book Building IPO.

IPO Grade for Microsec Financial Services Ltd

CRISIL allocated IPO grade ‘2/5’ to the initial public offer of Microsec Financial Services, this shows that the fundamentals of the Microsec ipo issue are below average relative to other listed equities.

Avoid it is not a better stock for long by vm.venkatesh

Conduct details

Address: Azimganj House, 2nd floor, 7 Camac Street, Kolkata 700 017
Phone number; 91 33 2282 9330  Fax detail;. 91 33 2282 9335
Email address; info@microsec.in Website Url; www.microsec.in

Book Running Lead Manager

SBI Capital Market are the Book Running Lead Manager for. MFSL ltd IPOs.

microsec financial services ltd ipo, microsec financial services ipo, microsec financial services ipos,initial public offer of microsec financial services,  mfsl ipo, mfsl ipos, ipo of mfsl, microsec financial ipo

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

Mean For Preferential Issue

Mean For Preferential Issue A Preferential issue is an issue of stocks or of convertible securities through listed firms to a select number of person's under Section 81 of ...…

Who determines the IPO price?

Who determines the IPO price? The regulators don't play a role in fixing the price for IPO issues. The firm determines the value or price band in discussion along with ...…

What Is Bear Market?

What Is Bear Market? [ad name="468x15- 5 link"] A bear market is happens when a major index encounters a drop of 20% or higher from the most recent high point. ...…

National Stock Exchange Of India (NSE)

National Stock Exchange Of India (NSE) National Stock Exchange (NSE), found in the 1990s as a demutualised electronic exchange by Indian financial institutions.  Today, NSE is India's biggest exchange and second ...…

IPO Prospectus?

IPO Prospectus? A lot of new firms move public issues. Although a lot of these firms are genuine, quite a few may wish to exploit the investors. ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV