The Mumbai based diversified financial services company GCM Capital Advisors has come out with its public issue on Monday for subscription. It is open for three days and going to close on May 07, 2014.
has come out with its 45 lakh equity shares of face value of Rs 10
each for cash at a price of Rs 20 per equity share, including a share
premium of Rs 10 per equity share, aggregating Rs 9 crore, as
reported by financial news website Money Control.
diversified financial services company is mainly engaged in the
business of providing financial advisory and consultancy services.
GCM Capital Advisors is also engaged in treasury operations by
providing funding solutions to their clients both in the form of Debt
& Equity and investment activities.
shares offered through the prospectus are proposed to be listed on
the SME platform of BSE. The issue is mainly targeted to augment long
term working capital and to meet public issue expenses.
Merchant Banker Services Pvt. Ltd. will be the book running lead
manager to the issue where S.K. Infosolutions Pvt. Ltd. has appointed
as a registrar to this issue.