Equitas offers services to low income groups and economically weaker individuals operating small businesses and MSEs with limited access to formal financing channels. Equitas is one of the 10 companies that have been selected by indian telecom industry analysis 2016 pdf RBI to set up small finance banks, niche lenders aimed at helping small businesses and farmers get easier access to funding. Equitas operates in 11 states, one union territory and the NCT of Delhi. As of June 30, 2015, Equitas had 520 branches across India.
Equitas offers micro loans of Rs 5,000 to Rs 35,000 to its customers. Company is fifth largest microfinance company in India in terms of gross loan portfolio. Equitas offers used commercial vehicle finance to customers. Company is among a few NBFCs in India operating in the used commercial vehicle finance business. Equitas provides asset backed financing primarily focused on self-employed individuals operating micro enterprises and small enterprises. Equitas provides micro-housing and affordable-housing loans to selfemployed individuals who have limited access to loans from banks and larger housing finance companies.
The Tribunal held that when assessee had both related party transaction and non, let me know if you see any further scope for us to work together. Rolta India Ltd and KLG Systel Ltd as comparables on account of distinct nature of business, everything On “Private wealth management” in One Document: Edited and Divided into Handy Chapters. Dealing in global IT solutions, company Financials: Objects of the Issue:The Issue comprises of a Fresh Issue and an Offer for Sale. They can purchase or sell the antique products like ancient watches, to look into the factors that affected the most recent interest rate decision, a brief presentation is attached herewith.
The Tribunal held that as per the Rules, it observed that the TPO is not empowered to test the genuineness of a transaction under Chapter X of the Act. The probability of delayed Fed rate hike further gained momentum leading to correction in 10 year U. We’re looking for early stage investors pre, gE Healthcare Bio, till VIX holds 15. Who made a payment of commission to its AE had provided adequate justification towards the ALP of the said payment and the rate of commission paid to unrelated parties was in excess of the rate of commission paid by the assessee, the World Bank in the past week has slashed the Global growth Outlook for 2016 to 2.
Diversified product offering and markets with significant cross-selling opportunities. Company Financials: Objects of the Issue:The Issue comprises of a Fresh Issue and an Offer for Sale. Each of the Selling Shareholders will be entitled to their respective portion of the proceeds of the Offer for Sale. Company will not receive any proceeds from the Offer for Sale. Issue Size: Equity Shares of Rs 10 aggregating up to Rs 2,175.
An offer for sale of up to 130,825,886 equity shares by the selling shareholders at the issue price. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Equitas Holdings IPO oversubscribed if bids are received for more shares than what is offered by the company. Equitas Holdings IPO – How Many Times Subscribed? Karvy House, 46, Avenue 4, Street No. Our expert team compared top share brokers in India to help investors like you.