Forthcoming IPOs : Escorp Asset Management Ltd. : 29 March 2017

Escorp Asset Management Ltd.
No.60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg, , Mumbai , Maharashtra - 400001 Phone: 62166999 Fax: 22630434
Public Issue of 2160000 Equity Shares of Rs 10 each for Cash at a Premium of Rs 5 per share.
Issue Open Date Issue Closing Date Application Money Allotment Money 31/03/2017 06/04/2017 15 -
Lead Managers Registrar Listed at BCB BROKERAGE PVT LTD Bigshare Services Private Limited. E-2/3, Ansa Industrial Estate, , Sakivihar Road, , Sakinaka, , Mumbai , Maharashtra - 400072 Phone: 40430200 Fax: 28475207 BSE
Object of the issue We intend to use the proceeds of the Issue for the following purposes: • Repayment of Loans, • General Corporate Purposes, • Issue Expenses.
Project Cost   (Rs.) ISSUE EXPENSES 4,100,000.00 Repayment of Debt 26,500,000.00 GENERAL CORPORATE EXPS. 1,800,000.00 TOTAL COST 32,400,000.00
Means of Finance   (Rs.) PUBLIC ISSUES 32,400,000.00 TOTAL COST 32,400,000.00
Promoted by The Promoters of the Company are : 1. Mr. Shripal Shah 2. Mr. Shreyas Shah 3. Aryaman Financial Services Limited

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