Edelweiss Capital Limited IPO:files document with sebi

Edelweiss Capital one of the leading financial services provider in India,plans to enter the Capital market vis IPO (Initial Publick Offer) with an investmants plans worth Rs 4350.12 million for which Edelweiss Capital has filed the offer document of the IPO with SEBI on August 21st 2007.

Edelweiss Capital is planning to float 8,386,147 share of Rs 5 each, the company has not yet decided on the offer price of shares. The book running lead managers to the issue are Kotak Mahindra Capital,Citigroup Global Makret India and Lehman Brother Securities.

ECL intends to use the IPO issue proceeds in establishing additional offices,infrastructure, Enhancing margin maitenance with stock exchanges and also to make prepyament of exisitng loans.

For further information regarding Edelweiss Capital IPO Subscription Dates, IPO Subscription/Oversubscription details, Allotment and Listing dates of Edelweiss Capital do check this blog regularly.