Gangotri Textiles Ltd IPO


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

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 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

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