Edelweiss Capital IPO : Edelweiss Capital IPO Edelweiss IPO
Edelweiss Capital IPO - Edelweiss IPO
Edelweiss Capital IPO opens for Subscription on November 15 2007 and closes on November 20 2007.
The Price Band of Edelweiss Capital IPO has been fixed between Rs. 725 and Rs. 825 per Equity Share .
The Issue comprises a net issue to the public of 8,181,607 equity shares of Rs. 5 each (the “Net Issue”) and a reservation of 204,540 equity shares of Rs. 5 each for eligible employees of the Company. The Issue would constitute 11.19% of the post Issue paid-up capital of the Company. The Net Issue would constitute 10.92% of the post Issue paid-up capital of the Company. The Equity Shares, offered through this IPO, are proposed to be listed on the National Stock Exchange of India Limited (“NSE”) and the Bombay Stock Exchange Limited (“BSE”).
Headquartered in Mumbai, Edelweiss Capital Limited provides investment banking, institutional equities, private client broking, asset management, wealth management, insurance broking and wholesale financing services to corporate, institutional and high net worth individual clients. It operates from 43 other offices in 19 Indian cities. Since its commencement of business in 1996, it has grown into a diversified Indian financial services company organised under agency and capital business lines handled through the Company and its thirteen subsidiaries. Its agency business lines include investment banking, institutional equities, private client broking, asset management and investment advisory services, wealth management and insurance broking. Its capital business lines include wholesale financing services and the internal treasury operations.
