Gayatri Projects Ltd IPO

Closed

Subscription Details

  • Open Date 26 Sep
  • Close Date 29 Sep
  • Lot Size 20
  • IPO Size ₹ 85.55 Cr
  • IPO Price Range ₹ 295
  • Min Investment ₹ 5900

Gayatri Projects Ltd IPO Timeline

Open Date
26 Sep
Close Date
29 Sep
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 29,00,000 equity shares of Rs.10 each for cash at a price of Rs.295 per equity share aggregating Rs.85.55 Crores, consisting of offer for sale of 19,00,000 equity shares by Videocon Appliances Limited & Videocon Industries Limited (together referred as the selling shareholders) and a Fresh issue of 10,00,000 equity shares by Gayatri Projects Limited (Gayatri or Company or Issuer). The offer for sale and the fresh issue are jointly referred to herein as the offer (the offer). 1,00,000 equity shares of Rs. 10 each for cash at a price of Rs.295 per equity share aggregating Rs.2.95 Crores will be reserved in the offer for subscription by eligible employees (the employee reservation portion), and the offer of equity shares other than the employee reservation portion, is the net offer. The offer shall constitute 29% of the fully diluted post offer paid-up capital of the company. Issue Price Rs.295 per equity share of face value of Rs. 10 each The issue price is 29.5 times 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 Gayatri Projects Ltd IPO

Contact Information

Address

B-I TSR Towers 6-3-1090,
Raj Bhavan Road Somajiguda,
Hyderabad, Telangana 500082

Gayatri Projects Ltd IPO Lead Manager

Allianz Securities LtdIL&FS Investsmart Ltd
Open Demat Account