Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Tue, Jul 23, 2013 - Fri, Jul 26, 2013
Money Masters Leasing IPO is a fixed issue price of ₹2.00 crores. The issue is entirely a fresh issue of 0.13 crore shares of ₹2.00 crore.
Money Masters Leasing IPO bidding started from Jul 23, 2013 and ended on Jul 26, 2013. The shares got listed on the BSE SME on Aug 12, 2013.
Money Masters Leasing IPO is set final issue price at ₹15 per share. The lot size for an application is 8,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (8000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (16,000 shares), amounting to ₹2,40,000.
Sobhagya Capital Options Pvt.Ltd. is the book running lead manager and Universal Capital Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is BCB Brokerage Pvt.Ltd.
Refer to Money Masters Leasing IPO RHP for detailed Information.
IPO Open
Tue, Jul 23, 2013
IPO Close
Fri, Jul 26, 2013
Issue Price
₹15 per share
Market Cap*
₹7.66 Cr
* on Listing Day Closing Price| IPO Date | 23 to 26 Jul, 2013 |
| Listed on | Mon, Aug 12, 2013 |
| Face Value | ₹10 per share |
| Issue Price | ₹15 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 13,36,000 shares (agg. up to ₹2 Cr) |
| Reserved for Market Maker | 80,000 shares BCB Brokerage Pvt.Ltd. (agg. up to ₹0.1200 Cr) |
| Fresh Issue (Ex Market Maker) | 12,56,000 shares (agg. up to ₹2 Cr) |
| Net Offered to Public | 12,56,000 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 31,58,200 shares |
| Share Holding Post Issue | 44,94,200 shares |
| BSE Script Code | 535910 |
| ISIN | INE340O01021 |
Money Masters Leasing IPO comprises a total issue size of 13,36,000 shares. The net offer to the public is 12,56,000 shares, after excluding 80,000 shares allotted on a firm basis. Of the Net offer 6,28,000 (50.00%) allocated to NII 6,28,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 6,28,000 | 50.00% | 47.01% |
| Retail Shares Offered | 6,28,000 | 50.00% | 47.01% |
| Firm Reservations | |||
| Market Maker Shares Offered | 80,000 | 5.99% | |
| Total Shares Offered | 13,36,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 8,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8,000 | ₹1,20,000 |
| Retail (Max) | 1 | 8,000 | ₹1,20,000 |
| HNI (Min) | 2 | 16,000 | ₹2,40,000 |
Incorporated in 1994, Money Masters Leasing & Finance Ltd is in the business of financing of hire purchase basis to Auto Rickshaws, computers, Industries Machinery & tools, cars & Equipments. Company is a NBFC registered with RBI to Carry on NBFC activities and also provide loans against property.
MMLF caters mainly to small and medium business enterprises. The company also helps entrepreneurs in beginning business by providing finance against machinery's etc. Its also specializes in consumer finance & Public vehicle finance and other core of area of revenue generation. Till date the company has financed around 3000 auto rickshaws on hire purchase.
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| India Finsec Ltd. | SME | ₹6.00 Cr | ₹10 | null | ₹10.50 | +5.00% | ₹214.40 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To augment the capital base and provide for the fund requirements for increasing the Asset Financing Operations. | 1.55 |
| 2 | To meet the expenses of the issue | 0.45 |
| KPI | |
|---|---|
| RoNW | 0.1% |
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| Market Cap at Offer Price | ₹5Cr. | ₹7.66 Cr |
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 56.71% | 39.85% |
| Public | 43.29% | 60.15% |
| Total | 100% | 100% |
Company Promoters: Durriya Hozefa Darukhanawala and Hozef Abdulhussain Darukhanawala.
The Money Masters Leasing IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| Total | 1.50 | 12,56,000 | 18,88,000 | 134 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker, market making fees, sellingcommissions, Underwriting, SCSB commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers, etc. and other out of pocket expenses | 0.35 |
| 2 | Advertisement and Marketing expenses | 0.04 |
| 3 | Printing and Stationery (including courier and transportation charges | 0.04 |
| 4 | Others (Processing fees, listing fee, Corporate Action charges etc) | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹15.00 |
| Open | ₹16.25 |
| Low | ₹16.25 |
| High | ₹17.05 |
| Last Trade | ₹17.05 |
Lead Manager Reports
Money Masters Leasing IPO is a SME IPO of 13,36,000 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000.
The IPO opens on Tue, Jul 23, 2013, and closes on Fri, Jul 26, 2013.
Universal Capital Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Money Masters Leasing IPO using UPI as a payment gateway. Zerodha customers can apply in Money Masters Leasing IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Money Masters Leasing IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Money Masters Leasing IPO opens on Tue, Jul 23, 2013 and closes on Fri, Jul 26, 2013.
Money Masters Leasing IPO lot size is 8000, and the minimum amount required for application is ₹1,20,000.
You can apply in Money Masters Leasing IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Money Masters Leasing IPO will be done on Tuesday, August 6, 2013, and the allotted shares will be credited to your demat account by . Check the Money Masters Leasing IPO allotment status.
The Money Masters Leasing IPO listing date is on Mon, Aug 12, 2013.
