GCM Commodity & Derivatives Ltd - IPO

GCM Commodity & Derivatives Ltd IPO Details

Public issue of 35,10,000 equity shares of Rs. 10 each (Equity shares) of GCM Commodity & Derivatives Limited (The Company or The Issuer) for cash at a price of Rs. 20 per equity share, including a share premium of Rs. 10 Per equity share (The Issue Price), aggregating Rs. 7.02 crores (The Issue), of which 1,86,000 equity shares of face Value of Rs. 10 each will be reserved for subscription by the Market Makers to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. Issue of 33,24,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 20 per equity share aggregating Rs. 6.65 crores is hereinafter Refered to as the Net Issue. The issue and the net issue will constitute 47.26% and 44.76% respectively of The fully diluted post issue paid up equity share capital of the company.

Objective of issue

Augmenting long term working capital. Acquiring membership of MCX.

GCM Commodity & Derivatives Ltd Contact Details

GCM Commodity & Derivatives Ltd, 9 ShivShakti Indl Es, J R Boricha Marg, Lower Parel, Mumbai - 400 011

Phone - 91-22-23010771/23018261

Fax - 91-22-23012517

Email - gcmsecu.kolkat@gmail.com

Website - www.gcmcommo.com