| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 10,000 | ₹1,00,000 |
| HNI / NII | 3 | 30,000 | ₹3,00,000 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII / HNI (Total) | — | 25,00,000 (46.73%) | — | ₹250.00 Cr |
| Retail Investors | — | 25,00,000 (46.73%) | — | ₹250.00 Cr |
| Total ** | — | 53,50,000 (100.00%) | — | ₹5,350.00 Cr |
| Market Maker * | — | 3,50,000 (6.54%) | — | ₹3.50 Cr |
Incorporated in 1994, India Finsec Limited is engaged in the business of Financing, Inter Corporate Deposits, advancing Short term loans, Long term loans, credits to individuals & companies etc. Company also deals in stocks, shares and securities.
The primary business of the company is to provide Margin Funding to the clients for purchase of securities, Loan against Shares and Trading in Shares & Securities. The company is registered as a Non-deposit taking Non-Banking Finance Company with RBI.