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Finbud Financial Services Ltd
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cs@financebuddha.com Website:https://financebuddha.com/
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The issue comprise of a public issue of 50,48,000 equity shares of face value of Rs.10/- each fully paid (the "equity shares") for cash at a price of Rs. 142/- per equity shares (including a premium of Rs. 132/- per equity share) aggregating to
Rs. 71.68 crores ("the issue") by the company. The issue comprises a reservation of which 2,53,000 equity shares of Rs.10/- each will be reserved for subscription by market maker reservations portion and a net issue to the public of 47,95,000 equity shares of Rs.10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.50% and 25.17% 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 price band and the minimum bid lot will be decided by the company.
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Finbud Financial Services Ltd
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Rs Cr |
Lead Managers to the Issue |
| 67.22 |
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| 71.68 |
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| 19.05 |
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| Rs.
142.00
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| Projects |
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Infrastucture Development
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Working capital Requirement
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Investment in wholly owned subsidiary i.e. LTCV Credit Pvt Ltd
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Funding for Business Development and Marketing Activities
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Investment in data analytics
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Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company
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Prepayment or repayment of a portion of certain outstanding borrowings availed by our company
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General corporate purposes
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| Parth Pande |
| Vivek Bhatia |
| Parag Agarwal |
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