Business Standard

Gateway Distriparks Ltd(Merged) - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

151.20 cr

Price Range (₹)

72

Lot Size

90

Min Investment (₹)

6,480.00

Listing Exchange

MumbaiNSE

Open Date

09-Mar-2005

Close Date

14-Mar-2005

Listing Date

31-Mar-2005

Gateway Distriparks Ltd(Merged) News

    The Shares of Gateway Distriparks Ltd(Merged) have now been listed.

    Gateway Distriparks Ltd(Merged) IPO Details

    Public offer of 21000000 equity shares of Rs10 each at a price of Rs 72 per equity share for cash aggregating Rs 151.20 crore consisting of a Fresh Issue of 11000000 equity shares of Rs 10 each at a price of Rs 72 for cash aggregating Rs 79.20 crore and an Offer for sale of 10000000 equity shares of Rs 10 each at a price of Rs 72 for cash aggregating Rs 72.00 crore (collectively referred to as the 'offer'). The offer constitute 28% of the fully diluted post offer paid-up capital of the company.

    Objective of issue

    To finance capital expenditure program. To fund acquisition of CFS at chennai.

    Gateway Distriparks Ltd(Merged) Contact Details

    Gateway Distriparks Ltd(Merged), C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - investor@gateway-distriparks.com

    Website - www.gateway-distriparks.com