Franchiseindia.com Limited IPO 1970 Price, Date, Review and Key Insights

crores (The Issue), of which 1,23,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs.per equity share including a share premium of Rs.per equity share aggregating to Rs.crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The public issue less the market maker reservation portion ie net issue of 23,36,400 equity shares of face value of Rs. 10/- each at an issue price of Rs.per equity share including a share premium of Rs.per equity share aggregating to Rs.crores is herein after referred to as the Net Issue. The public issue and the net issue will constitute% and% respectively of the post issue paid up equity share capital of the company. The face value of its equity shares is Rs. 10/- each. the issue price istimes the face value of the equity shares.The price band and the minimum bid lot will be decided by the company.Objective of issueUnidentified Acquisitions in India. Investment in Technology Infrastructure Development. Capital exp in requirements for the purchase of laptops/server/printers and other equipment. Expenditure for intellectual properties development (Power Point Slides/Presentation Decks/Creatives. Expenditure for expansion office premises. General corporate purposes.