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Wednesday 29 March 2017

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 DateIssue Closing DateApplication MoneyAllotment Money
Lead ManagersRegistrarListed at
BCB BROKERAGE PVT LTDBigshare Services Private Limited.
E-2/3, Ansa Industrial Estate, , Sakivihar Road,
, Sakinaka,
, Mumbai , Maharashtra - 400072
Phone: 40430200 Fax: 28475207
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
ISSUE EXPENSES4,100,000.00
Repayment of Debt26,500,000.00
TOTAL COST32,400,000.00
Means of Finance
PUBLIC ISSUES32,400,000.00
TOTAL COST32,400,000.00
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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