Business Standard

Geecee Ventures Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

80.00 cr

Price Range (₹)

81

Lot Size

75

Min Investment (₹)

6,075.00

Listing Exchange

MumbaiNSE

Open Date

11-Sept-2006

Close Date

14-Sept-2006

Listing Date

04-Oct-2006

Geecee Ventures Ltd News

    The Shares of Geecee Ventures Ltd have now been listed.

    Geecee Ventures Ltd IPO Details

    Public issue of 98,76,543 equity shares comprising of equity shares of face value Rs.10/- each at a price of Rs.81 for cash aggregating Rs.80.00 Crores (herein after referred to as the issue). The issue would constitute 40.02% of the fully diluted post issue paid-up capital of Gwalior Chemical Industries Limited. Issue Price Rs.81 per equity share of face value Rs.10/-Issue price 8.1 is times of the face value

    Objective of issue

    Expansion, Upgradation & Debottlenecking. Setting New Plants for new Products. Other Addl. Capital Expenditure for the expansion. To support financing activities.

    Geecee Ventures Ltd Contact Details

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

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - dipyanti@gcvl.in; gcvl@gcvl.in; geecee.investor@gc

    Website - www.geeceeventures.com, www.gwaliorchemicals.com