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Enarai Finance

EPW Research Foundation Arihant Capital Markets ARIHANT CAPITAL MARKETS, engaged in various financial services such as corporate and investment consultancy, broking intercorporate deposits, leasing, hire purchase, etc, is entering the capital market on October 17 with a public issue of 22 lakh equity shares of Rs 10 each at par aggregating Rs 220 lakh. The company now wants to enter merchant banking, trading in shares, underwriting, portfolio management, investment broking and security trading. The company has the advantage of being promoted by professionals who have considerable experience in the financial service sector. The expansion of the company's activities is subject to necessary approvals and authorisation from the SEBI. The cost of the project has also not been appraised by any bank or institution and the estimates are the company's own. The issue is lead managed by Prudential Capital Markets and Central Bank of India.

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