Garment Mantra Lifestyle Ltd IPO

Closed

Subscription Details

  • Open Date 25 Jun
  • Close Date 29 Jun
  • Lot Size 8000
  • IPO Size ₹ 1.6 Cr
  • IPO Price Range ₹ 16
  • Min Investment ₹ 128000

Garment Mantra Lifestyle Ltd IPO Timeline

Open Date
25 Jun
Close Date
29 Jun
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 10,00,000 equity shares of face value of Rs. 10.00 each of Junction Fabrics and Apparels Limited (The Company or The issuer) for cash at a price of Rs. 16.00 per equity share (including a share premium of Rs. 6.00 per equity share) (Issue Price) aggregating to Rs. 1.60 crores (the issue), of which 56,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 16.00 per equity share, aggregating to Rs. 0.09 crores will be reserved for subscription by Market Maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Issue of 9,44,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 16.00 per equity share aggregating to Rs. 1.51 crores (the Net issue). The issue and the net issue will constitute 37.14% and 35.06%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs. 16.00. The issue price is 1.60 times of the face value.

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 Garment Mantra Lifestyle Ltd IPO

Contact Information

Address

No 15 Murthys Plaza,
Karia Gounder Street Khaderpet,
Tirupur, Tamil Nadu 641601

Garment Mantra Lifestyle Ltd IPO Lead Manager

Hem Securities Ltd
Open Demat Account