EDELWEISS CAPITAL LIMITED – IPO Open

Edelweiss Capital (ECL) IPO is open now and doing great. First day itself, the issue got subscribed 6 times.

Incorporated in 1996, Edelweiss Capital Limited is in the business of providing investment banking, institutional equities, private client broking, asset management and investment advisory services, wealth management, insurance broking and wholesale financing services to corporate, institutional and high net worth individual clients. Edelweiss is headquartered in Nariman Point, Mumbai and operate from another 43 offices in 21 Indian cities and employed around 843 full time employees including 40 research professionals.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital

1. To enhance margin maintenance with stock exchanges;
   
2. To establish additional offices and acquire office infrastructure;
   
3. To enhance existing technological capacity and
   
4. To prepayment of loans.
   

EDELWEISS CAPITAL LIMITED
Issue Period	November 15, 2007 to November 20, 2007	Market Lot	8 shares
Issue Size	8386147 Equity Shares	Minimum Order Quantity	8 shares
Issue Type	100% Book Building	Book Running Lead Manager	Citigroup Global Markets India Private Limited, Kotak Mahindra Capital Company Limited , and Lehman Brothers Securities Private Limited.
Face Value	Rs. 5/-	Syndicate Member	Kotak Securities Limited and Edelweiss Securities Limited
Price Range	Rs 725 TO Rs 825	Name of the registrar	Intime Spectrum Registry Limited
Tick Size	Re. 1/-	Address of the registrar	C-13, Pannalal Silk Mills Compound,L.B.S. Marg, Bhandup (West),Mumbai – 400 078.