Business Standard

GCM Securities Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

12.18 cr

Price Range (₹)

20

Lot Size

6000

Min Investment (₹)

1,20,000.00

Listing Exchange

BSE - SME

Open Date

18-Mar-2013

Close Date

20-Mar-2013

Listing Date

05-Apr-2013

GCM Securities Ltd News

    The Shares of GCM Securities Ltd have now been listed.

    GCM Securities Ltd IPO Details

    Public issue of 60,90,000 equity shares of Rs. 10 each (Equity Shares) of GCM Securities 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. 12.18 crores (The Issue), of which 3,30,000 equity shares 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 57,60,000 equity shares of Rs. 10 each for cash at a price of Rs. 20 per equity share aggregating Rs. 11.52 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 32.07% and 30.33% respectively of the fully diluted post issue paid up equity share capital of the company.

    Objective of issue

    Augmenting long term working capital.

    GCM Securities Ltd Contact Details

    GCM Securities 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.kolkata@gmail.com

    Website - www.gcmsecuritiesltd.com