Blue Chip offer for April

Blue Chip Financial Solutions' initial public offer will open in Australia on April 5 and close on Anzac Day.

The company hopes to raise between $10 million and $20 million through the A74c a share offer.

Trading is expected to open on the Australian stock exchange on May 9.

Managing director Mark Bryers said funds raised would provide capital for expansion in its key markets of Auckland, Sydney and Brisbane.