Fixed Price - SME
₹ 11.01 cr
₹ 32
4000
₹ 1,28,000.00
NSE - SME
24-May-2024
28-May-2024
31-May-2024
Initial public offering of 34,40,000 equity shares of face value of Rs. 10/- each (Equity Shares) of GSM Foils Limited (GSM or The Company or The Issuer) for cash at a price of Rs. 32/- per equity share (including a premium of Rs. 22/- per equity share) (Issue Price) aggregating to Rs. 11.01 crores (The Issue) of which 1,76,000 equity shares aggregating to Rs. 0.56 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 32,64,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 32/- per equity share aggregating to Rs. 10.45 crores (Net Issue). The issue and the net issue will constitute 26.85 % and 25.48 % of the post issue paid-up equity share capital of the company.The face value of the equity shares is Rs. 10/- each and the issue price is 3.2 times of the face value.
Funding of capital expenditure towards purchase of plant and machineries. Funding working capital requirements of the company. General corporate purpose.
GSM Foils Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093
Phone - 91-22-62638200
Fax - 91-22-63638299
Email - investors@gsmfoils.com
Website - www.gsmfoils.com