Gangotri Textiles Ltd IPO


Subscription Details

  • Open Date 18 May
  • Close Date 23 May
  • Lot Size 125
  • IPO Size ₹ 55 Cr
  • IPO Price Range ₹ 41
  • Min Investment ₹ 5125

Gangotri Textiles Ltd IPO Timeline

Open Date
18 May
Close Date
23 May
Basis of Allotment
Credit to Demat Account
Listing Date

IPO Synopsis

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.

How to apply for an IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Gangotri Textiles Ltd IPO

Contact Information


25-A Venkatachalam CoOP Colony,
R S Puram,
Coimbatore, Tamil Nadu 641002

Gangotri Textiles Ltd IPO Lead Manager

Keynote Corporate Services LtdSBI Capital Markets Ltd
Open Demat Account