Market & News

graph-market IPO

Gujarat Hy-Spin Ltd

Registered Office: P O Box No. 22,Gundala Road Gondal, Rajkot - 360311, Gujarat, India.
Phone : 91-2825-297170   Fax:
Email :  cs@gujarathyspin.com  
Website :  

Public offer of 44,50,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Gujarat Hy-Spin Limited (The "Company" or the The "Issuer") for cash at a price of Rs. 10 per equity share (The "Offer Price"), aggregating Rs. 4.45 crores ("The Offer") through an offer for sale by the promoters, Maganlal Parvadiya and Chandulal Parvadia ("The selling shareholders"), of which 2,30,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 10 per equity share, aggregating Rs. 0.23 crores will be reserved for subscription by the market maker to the offer (The "market maker reservation portion"). The offer less market maker reservation portion i.e. offer of 42,20,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 10 per equity share, aggregating Rs. 4.22 crores is hereinafter refered to as the "Net Offer". The offer and the net offer will constitute 26.57% and 25.19% respectively of the fully diluted post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the offer price of Rs. 10 is 1 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
25-Jan-18 31-Jan-18 10.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 10000   Further Multiples of : 10000
  Rs Cr Lead Managers to the Issue
Project Cost 0.40 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 4.45  
Post Issue Equity Share Capital 16.75  
Issue Price 10.00  

Projects

  • Listing Fees on Stock Exchanges

Promoted By

Maganlal Parvadiya

Chandulal Parvadia

Listing At

BSE - SME

Registrar to the Issue

No Data Available

x
x
×
Let's Chat
close
refresh