Issue Price: Rs. 20 Per Equity Share

Issue Detail:
»» Issue Open: Aug 22, 2012 - Aug 24, 2012
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 3,504,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 7.01 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Market Lot: 6000 Shares
»» Minimum Order Quantity: 6000 Shares
»» Listing At: BSE SME

Incorporated in 1999, SRG Housing Finance Ltd is engaged in the business of providing housing finance for home ownership, by offering:

1. Individual Home Loans and
2. Loans against Property

SRG Housing Finance is headquartered in Udaipur, Rajasthan. They have 1 Head office and 3 satellite centers located in Rajasthan. They are targeting to open another 10 satellite centers which are to be located in tier 2 cities, tier 3 cities, District and Tehsil head quarters and at the peripheries of tier 1 cities.

They intend to grow their loan book, income and profits through Increasing Net Owned Funds, Expanding Network and Connectivity, Maintaining strong asset quality through disciplined risk management, Reducing funding costs and Optimizing cost of operations amongst others.

Company Promoters:
The Promoters of the company are:
1. Mr. Vinod K. Jain
2. Mrs. Seema Jain and
3. Mr. Rajesh Jain.

Objects of the Issue:
The Objects of the Issue are as follows:
1. To augment our capital base and provide for fund requirements for increasing operational scale with respect to disbursement of housing and related loans activities.
2. To Meet the Issue Expenses.