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IPO Synopsis

Polaris Financial Technology Ltd
Registered Office: Polaris House,244 Anna Salai,Chennai-600006, Tamil Nadu
Tel. No: 91-44-39874000/28524154
Fax No: 91-44-28523280
Email: marketing@polarisFT.com
Website: www.polarisFT.com
Public issue of 35,12,500 new equity shares("Issue") of Rs 10/- each for cash at a premium of Rs 200/- per share aggregating to Rs 73.76 cr and an offer for sale by existing members("Offerors") of 8,53,150 equity shares at a price of Rs 210 per share aggregating Rs 17.92 cr (jointly referred to as the "offer")
Issue Money Payable On
Opens On Closes On Application
04-Aug-1999 10-Aug-1999 ₹210.00 - 0.00
Minimum Application for shares in Nos : 50.0 Further Multiples of :50.0
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00
Project Financed through Current Offer 17.92
Post Issue Equity Share Capital 17.06
Issue Price 210.00
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