Business Standard

Gulshan Sugars & Chemicals Ltd(merged) - IPO

Issue Type

Public Issue

Issue Size (₹ Cr.)

26.40 cr

Price Range (₹)

40

Lot Size

125

Min Investment (₹)

5,000.00

Listing Exchange

Mumbai

Open Date

22-Nov-2006

Close Date

28-Nov-2006

Listing Date

28-Dec-2006

Gulshan Sugars & Chemicals Ltd(merged) News

    The Shares of Gulshan Sugars & Chemicals Ltd(merged) have now been listed.

    Gulshan Sugars & Chemicals Ltd(merged) IPO Details

    Follow-on public issue of 66,00,000 equity shares of Rs. 8/- each for cashAt a premium of Rs.32/- per equity share aggregating Rs.26.40 Crores to thePublic (hereinafter referred to as the 'issue').The issue would constitute 51.51% of the fully diluted post issue paidupEquity capital of the company. The face value of the equity shares isRs. 8/- and the issue price is [5] times of the face value.

    Objective of issue

    Expand the Existing Cap. Ground Cal.Carb.(GCC Unit. To Set-up an addl. Captive Power Plant. To meet the long-term Working Capital Requirement. To Raise resources for General Corporate Purposes.

    Gulshan Sugars & Chemicals Ltd(merged) Contact Details

    Gulshan Sugars & Chemicals Ltd(merged), E-2/3 Saki Vihar Rd, Ansa Indl Estate, Saki Naka Andheri-E, Mumbai - 400 072

    Phone - 91-22-40430200

    Fax - 91-22-28475207

    Email - fpo@gulshanindia.com

    Website - www.gulshanindia.com