IPO

Gallantt Metal Ltd IPO

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Public Issue of 37,120,000 equity shares of Rs.10/- each for cash at par aggregating Rs. 37.12 crores (hereinafter referred to as the Issue) comprising of 6,000,000 equity shares of promoters and promoter group contribution, 1,556,000 equity shares reserved for permanent employees of the Company and Net offer to the public of 29,564,000 equity shares of Rs.10/- each of which 29,56,400 Equity Shares being 10% of the Net Offer to the public to be compulsorily alloted to QIBs. The Net offer to the Public would constitute 38.74% of the fully diluted post issue paid up capital of the Company. The face value of the equity shares is Rs.10/- each and the issue price is 1 time the face value. The project has a participation of Rs. 114.50 crore as Term Loans from Consortium of Banks.

Gallantt Metal Ltd IPO Subscription Details

Company

Gallantt Metal Ltd

Issue Type

(Fixed Price Portion)

Open Date

06 Mar

Close Date

10 Mar

Offer Price

10.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Gallantt Metal Ltd IPO

Company Contact Information

Gallantt Metal Ltd IPO
Gallantt House,
I-7 Jungpura Extension,
New Delhi, New Delhi 110014.

Phone:
Email: csgml@gallantt.com

Gallantt Metal Ltd IPO Register

Niche Technologies Pvt Ltd

Gallantt Metal Ltd IPO Lead Manager(s)

  • Anand Rathi Securities Pvt Ltd

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