| 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 : info@gmpolyplast.com
Website : www.gmpolyplast.com
|
Public offer of 5,06,000 equity shares of face value of  10 each ("equity Shares") of G M Polyplast Limited (The "Company" or The "Issuer") for cash at a price of 160.00 per equity share including a share premium of 150.00 per equity share (The "Offer Price") aggregating to , 8.10 crores ("The Offer") comprising of a fresh issue of 3,20,000 equity shares aggregating to 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 2.98 crores of which 26,000 equity shares of face value of 10.00 each for cash at a price of 160.00 per equity share including a share premium of 150.00 per equity share aggregating to 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 10.00 each at a price of 160.00 per equity share including a share premium of 150.00 per equity share aggregating to 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 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 |
Rs159.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :800 Further Multiples of :800 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
5.13 |
| Gretex Corporate Services Pvt Ltd |
|
| Project Financed through Current Offer |
8.09 |
|
| Post Issue Equity Share Capital |
1.92 |
|
| Issue Price |
Rs159.00 |
|
|