SEARCH
Quotes News NAV
IPO Synopsis IPO   > IPO Synopsis
As on : Apr 19,2024 12:07 PM
G M Polyplast Ltd
Registered Office: A-66 New Empire Industrial Est,Kondivita Road Andheri East, Mumbai - 400059, Maharashtra, India.
Phone : 91-22-2820 9552   Fax:
Email :    
Website :  
Public offer of 5,06,000 equity shares of face value of Rs. 10 each ("equity Shares") of G M Polyplast Limited (The "Company" or The "Issuer") for cash at a price of Rs. 160.00 per equity share including a share premium of Rs. 150.00 per equity share (The "Offer Price") aggregating to Rs, 8.10 crores ("The Offer") comprising of a fresh issue of 3,20,000 equity shares aggregating to Rs. 5.12 crores (The "Fresh Issue") and an offer for sale of 1,86,000 equity shares by the promoter selling shareholders ("Offer for Sale") aggregating to Rs. 2.98 crores of which 26,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 160.00 per equity share including a share premium of Rs. 150.00 per equity share aggregating to Rs. 0.42 crores will be reserved for subscription by market maker to the offer (The "Market Maker Reservation Portion"). The Offer less the market maker reservation portion i.e. net offer of 4,80,000 equity shares of face value of Rs. 10.00 each at a price of Rs. 160.00 per equity share including a share premium of Rs. 150.00 per equity share aggregating to Rs. 7.68 crores (The "Net Offer"). The Offer and The Net offer will constitute 26.35% and 25.00% respectively of the post offer paid up equity share capital of the company. The Face value of the equity share is Rs. 10.00 and the offer price is 16.0 times of the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
30-Sep-20 06-Oct-20 (Rs) 159.00 (Rs) 0.00
Minimum Application for shares in Nos : 800   Further Multiples of : 800
  Lead Managers to the Issue
Project Cost (Rs.Cr) 5.13 Gretex Corporate Services Pvt Ltd
Project Financed through Current Offer (Rs.Cr) 8.09  
Post Issue Equity Share Capital (Rs.Cr) 1.92  
Issue Price (Rs) 159.00  
Projects
To meet working capital requirement General Corporate Purposes
Promoted By
Dinesh Balbirsingh Sharma
Sarita Dinesh Sharma
Listing At
BSE - SME
Registrar to the Issue
No Data Available