GB Global Ltd - IPO

GB Global Ltd IPO Details

Public issue of 83,00,000 equity shares of Rs. 10/- each for cash at a price of Rs. 130 per equity share (including a share premium of Rs. 120 per equity share) for cash aggregating Rs. 107.90 Crores (the issue). The issue of equity shares will constitute 25.06% of the fully diluted post issue paid-up capital of the company.Issue Price is Rs.130 per equity share of face value Rs.10/-The Issue price is 13 times of the face value.

Objective of issue

Setting up of new garment manufacturing facility. Expansion of yarn dyeing & weaving facility. Margin Money for working capital. General corporate purposes.

GB Global Ltd Contact Details

GB Global Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - info@mandhana.com

Website - www.gbglobal.in