Gangotri Textiles Ltd IPO

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Public issue of 1,34,14,634 equity shares of Rs. 5/- each for cash at a price of Rs. 41 (including premium of Rs. 36) per share aggregating Rs. 55.00 crores (hereinafter referred to as The Issue). The issue comprises a net offer to the public of 1,16,70,732 equity shares of Rs. 5/- each aggregating to Rs. 47.85 crores (Net Offer) and a reservation for employees of Gangotri Textiles Limited of upto 4,02,439 equity shares of Rs. 5/- each aggregating to Rs. 1.65 crores and a reservation of upto 13,41,463 equity shares of Rs. 5/- each for the existing retail shareholders of the company aggregating to Rs. 5.50 crores. The issue would constitute 41.13% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 41 per equity share of Rs. 5/- each The issue price is 8.20 times the face value of Rs. 5/- per share.

Gangotri Textiles Ltd IPO Subscription Details


Gangotri Textiles Ltd

Issue Type

(Book Built Portion)

Open Date

18 May

Close Date

23 May

Offer Price


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Contact Details of Gangotri Textiles Ltd IPO

Company Contact Information

Gangotri Textiles Ltd IPO
25-A Venkatachalam CoOP Colony,
R S Puram,
Coimbatore, Tamil Nadu 641002.

Phone: 91-0422-4332100
Email: tibre@gangotritextiles.com

Gangotri Textiles Ltd IPO Register

Link Intime India Pvt Ltd

Gangotri Textiles Ltd IPO Lead Manager(s)

  • Keynote Corporate Services Ltd
  • SBI Capital Markets Ltd

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