Escorp Asset Management IPO is a Rs 3.24 crore fixed price issuance. Bidding for the Escorp Asset Management IPO began on March 31, 2017 and closed on April 6, 2017. On April 17, 2017, the shares were listed on the BSE SME. The IPO price for Escorp Asset Management is $15 per share. An application requires a minimum lot size of 8000 Shares. Retail investors must make a minimum investment of $120,000 to participate.
Escorp Asset Management Ltd (EAML), founded in 2011, is a subsidiary of the Aryaman Financial Group, specialising in portfolio management and/or fund management. It caters to wealthy individuals, family offices, and corporations. The firm provides institutional fund management and advisory services, as well as financial planning and other personal financial advisory services, personal tax planning and advisory services, corporate treasury advice, investment advisory, and research consulting services. Furthermore, the company intends to deliver
professional global standard services in the domains of financial planning and tax advising, which are currently being serviced in India in an unorganised manner, according to Escorp.
Escorp Asset Management IPO Details
| IPO Date | March 31, 2017 to April 6, 2017 |
| Listing Date | April 17, 2017 |
| Face Value | ₹10 per share |
| Price | ₹15 per share |
| Lot Size | 8000 Shares |
| Total Issue Size | 2,160,000 shares (aggregating up to ₹3.24 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Escorp Asset Management IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8000 | ₹120,000 |
| Retail (Max) | 1 | 8000 | ₹120,000 |
Objects of the Issue (Escorp Asset Management IPO Objectives)
The object of the issue are to:
- Repayment of Loans;
- General Corporate Purposes;
- Issue Expenses.
Escorp Asset Management IPO Listing Details
| Listing Date | April 17, 2017 |
| BSE Script Code | 540455 |
| NSE Symbol | |
| ISIN | INE953W01016 |
| Final Issue Price | ₹15 per share |
Escorp Asset Management Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹15.00 |
| Open | ₹15.00 |
| Low | ₹15.00 |
| High | ₹15.10 |
| Last Trade | ₹15.10 |
Escorp Asset Management Ltd Contact Details
Escorp Asset Management Ltd
60 Khatau Building Ground Flr,
Alkesh Dinesh Modi Marg,
Fort , Mumbai – 400001
Phone: +91 – 22 – 6216 6999
Email: [email protected]
Website: http://www.escorpamc.co.in
Escorp Asset Management IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com
Escorp Asset Management IPO FAQs
Q1. What is Escorp Asset Management IPO?
Ans. Escorp Asset Management IPO is a SME IPO of 2,160,000 equity shares of the face value of ₹10 aggregating up to ₹3.24 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000 Shares. The IPO opens on March 31, 2017, and closes on April 6, 2017.
Q2. When Escorp Asset Management IPO will open?
Ans. The Escorp Asset Management IPO opens on March 31, 2017 and closes on April 6, 2017.
Q3. What is the lot size of Escorp Asset Management IPO?
Ans. Escorp Asset Management IPO lot size is 8000 Shares, and the minimum amount required is ₹120,000.
Q4. When is Escorp Asset Management IPO listing date?
Ans. The Escorp Asset Management IPO listing date is on April 17, 2017.
