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IPO Synopsis IPO   > IPO Synopsis
As on : Apr 23,2024 09:10 PM
Gian Lifecare Ltd
Registered Office: 7/216 (6) Swaroop Nagar,, Kanpur - 208002, Uttar Pradesh, India.
Phone : 91-0512-2531860   Fax:
Email :    
Website :  
Public Issue of upto 14,16,000 equity shares of face value of Rs. 10 each ("equity shares") of Gian Life care Limited ("the company" or the "issuer") for cash at a price of Rs. 22 per equity share, including a premuim of Rs. 12 per equity share (the "issue price"), aggregating Rs. 3.12 Crores ("the issue"), of which 72,000 equity shares of face value of Rs. 10 for cash at a price of Rs. 22 each aggregating 0.16 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 13,44,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 22 per equity share, aggregating to Rs. 2.96 Crores is hereinafter referred to as the "net issue. The issue and the net issue will constitute 30.12% and 28.59%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price Rs. 22 is 2.2 times of the face value of the equity shares. Minimum Application size of 6000 equity shares and multiples of 6000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
31-Dec-19 03-Jan-20 (Rs) 22.00 (Rs) 0.00
Minimum Application for shares in Nos : 6000   Further Multiples of : 6000
  Lead Managers to the Issue
Project Cost (Rs.Cr) 3.12 Hem Securities Ltd
Project Financed through Current Offer (Rs.Cr) 3.12  
Post Issue Equity Share Capital (Rs.Cr) 4.70  
Issue Price (Rs) 22.00  
Projects
To Open Processing Center in nearby Cities To Purchase Advances Machinery & Equipment
Repayment/Pre-Payment of Certain Borrowings availed by the company To Meet the Working Capital Requirements
General Corporate Purpose
Promoted By
Arun Kumar Gupta
Listing At
BSE - SME
Registrar to the Issue
No Data Available