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.

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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.

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