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GSM Foils Ltd
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Registered Office:
Gala # 06/106/206/306 Sapphire,Bld Diamond.Ind.Est Vasai E IE
,
Thane
-
401208
,
Maharashtra
, India.
Phone :
+91 84689 68102 Fax:
Email : investors@gsmfoils.com
Website : www.gsmfoils.com
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Initial public offering of 34,40,000 equity shares of face value of Rs10/- each ("Equity Shares") of GSM Foils Limited ("GSM" or "The Company" or "The Issuer") for cash at a price of Rs32/- per equity share (including a premium of Rs22/- per equity share) ("Issue Price") aggregating to
Rs11.01 crores ("The Issue") of which 1,76,000 equity shares aggregating to Rs0.56 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 32,64,000 equity shares of face value of Rs10/- each at an issue price of Rs32/- per equity share aggregating to Rs10.45 crores ("Net Issue"). The issue and the net issue will constitute 26.85 % and 25.48 % of the post issue paid-up equity share capital of the company.
The face value of the equity shares is Rs10/- each and the issue price is 3.2 times of the face value.
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Opens On
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Closes On
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Application
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Allotment
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24-May-24
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28-May-24
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Rs 32.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :4000 Further
Multiples of :4000
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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10.39
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Project Financed through Current Offer
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11.01
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Post Issue Equity Share Capital
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12.81
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Issue Price
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Rs 32.00
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