Registered Office:
G-1 Sukh Sneh Apartments,Khatiwala Tank,
Indore
-
452014,
Madhya Pradesh, India.
Phone :
+91 96444 22252 Fax:
Email :
cs@gallardsteel.com
Website :
https://www.gallardsteel.com
Initial public offer of upto 25,00,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Gallard Steel Limited ("the Company" or "GSL" or "the Issuer") at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs.[*] crores ("Public Issue") out of which 1,25,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 23,75,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.32% and 25.00% respectively of the post- issue paid-up equity share capital of the company.
Price Band: Rs. 142/- to Rs. 150/- per equity share of face value of Rs. 10/- each.
The floor price 14.2 times the face value of the equity shares and the cap price is 15 times of the face value of the equity shares.
Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.
Minimum Application for shares in Nos :
2000
Further Multiples of :
1000
