March 28, 2015

IKF Finance-Rights Issue Closes on 06-04-2015

IKF Finance ( of Vijaynagar Andhra Pradesh ) delisted in July 2014 at the Discovered Price of Rs.16 / 50 p .

Now , nearly all the Equity is with the Promoters.

After  aquiring shares from Non Promoter Small Shareholders @ 16/50 p , 8 months later a Rights Issue is being made at Rs. 41 Per Share.

General Warning : Investment in Shares Can be Injurious to Your  WEALTH

Caution :The blog writer has personal/ family members' holdings in this company , so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog . )

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