IPO Synopsis

Star Housing Finance Ltd
Registered Office: 4-5 Subcity Centre,Savina Circle Opp Krishni Upaz,Udaipur-313002, Rajasthan
Tel. No: 91-0294-2489501/02
Fax No: 91-0294-2489501
Email: compliance@starhfl.com
Website: www.starhfl.com
Public issue of 16,00,000 equity shares of face value of Rs. 10/- each fully paid up of Akme Star Housing Finance Limited ("AKME" or the "Company" or the "Issuer") for cash at a price of Rs. 30/- per equity share (the "issue price") (including a share premium of Rs. 20/- per equity share aggregating Rs. 4.80 crores (the "issue") by the company, of which 80,000 equity shares of Rs.10/- fully paid up each will be reserved for subscription by market maker to the issue ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 15,20,000 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.96% and 25.61%, respectively of the post issue paid up equity share capital of the Company. The face value of the equity shares is Rs. 10/- each. The issue price is Rs. 30/-. The issue price is 3.0 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
25-Feb-2015 05-Mar-2015 ₹30.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 4000 Further Multiples of :4000
(₹ Cr) Lead Managers to the Issue
Project Cost 4.80 Sarthi Capital Advisors Pvt Ltd
Project Financed through Current Offer 4.80
Post Issue Equity Share Capital 5.93
Issue Price 30.00
Projects
Augmentation of capital base & meeting fund req.
General corporate purposes
Promoted By
Mohan Lal Nagda
Nirmal Kumar Jain
Kalu Lal Jain
Listing At
BSE - SME
Registrar To The Issue