Garima Capital Limited Promoted "Garima Subarna Yojana" to Issue 10 Crore Units Mutual Fund Scheme to General Public From Falgun 08
Summary
Garima Capital Limited has launched "Garima Subarna Yojana," an open-ended mutual fund scheme issuing up to 10 crore units starting from Falgun 08, with a first public issuance of 5 crore units worth Rs. 50 crore.
Key Points
- Garima Capital Limited has launched the "Garima Subarna Yojana" open-ended mutual fund scheme.
- The issue opens from 8th Falgun to 2nd Chaitra, 2082, with possible extension to 12th Chaitra if undersubscribed.
- A total of 10 crore units are planned, with 15% reserved for scheme manager and sponsor allocations.
- 3.50 crore units worth Rs. 35 crores will be issued to the general public and institutions, with continuous trading thereafter.
