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Repco Home Finance IPO

Repco Home Finance Ltd (RHFL) is coming out with an initial public offering ( IPO) for a fresh issue of 15,720,262 equity shares with a face value of Rs10 each in order to mobilise Rs259.4 crore (at the lower end of the price band) to Rs270.4 crore (at the upper end of the price band).

Repco Home Finance (RHFL) is a housing finance company, promoted by Repco Bank.RHFL intends to use the net proceeds for augmenting its capital base to meet its growth related capital requirements for the next three years.


This article has been posted by Jayant Makkar. He can be reached at jayantmakkar@gmail.com


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