Gleaming Apparels Ltd - IPO

Gleaming Apparels Ltd IPO Details

Initial public offer of up to 25,00,000 equity shares of face value Rs. 10 each (the Equity Shares) of Gleaming Apparels Limited (The Company or the Issuer) for cash at an issue price of Rs. [*] per equity share (including securities premium of Rs. [*] per equity share) (Issue Price), aggregating up to Rs. [*] Crores (the Issue) of which [*] equity shares aggregating to Rs. [*] Crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Issue of [*] equity shares of face value of Rs. 10 each at an issue price of Rs. [*] per equity share aggregating upto Rs. [*] Crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute [*] % and [*] % respectively of the post-issue paid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding working capital requirements of the company. Repayment/prepayment of all or certain of our borrowings availed of by the Company. General corporate purposes.

Gleaming Apparels Ltd Contact Details

Gleaming Apparels Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - cs@gleamingapparelslimited.com

Website - https:, gleamingapparelslimited.com