Business Standard

GVP Infotech Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

8.68 cr

Price Range (₹)

30

Lot Size

4000

Min Investment (₹)

1,20,000.00

Listing Exchange

NSE - SME

Open Date

30-Dec-2015

Close Date

07-Jan-2016

Listing Date

22-Jan-2016

GVP Infotech Ltd News

    The Shares of GVP Infotech Ltd have now been listed.

    GVP Infotech Ltd IPO Details

    Public issue of 28,92,000 equity shares of face value of Rs. 10/- each fully paid up of Fourth Dimension Solutions Limited (FDS or the company or the issuer) for cash at a price of Rs. 30/- per equity share (the issue price) (including a share premium of Rs. 20/- per equity shareAggregating Rs. 8.68 crores (the issue) by the company, of which 1,48,000 equity shares of Rs. 10/- fully paid up each will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. issue of27,44,000 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.55 % and 25.19 %, respectively of the post issue paid Up equity share capital of the company.The face value of the equity shares is Rs. 10/- each. The issue price is Rs. 30/-. The issue price is 3.00 times the face value.

    Objective of issue

    Working capital requirements.

    GVP Infotech Ltd Contact Details

    GVP Infotech Ltd, Samhita Complex, Plot No 13 AB, Saki Naka Andheri(E), Mumbai-400072

    Phone - 91-22-67720300/400

    Fax - 91-22-28591568

    Email - secretarial@fdsindia.co.in

    Website - www.fdsindia.co.in