GCM Commodity & Derivatives Ltd IPO

Closed

Subscription Details

  • Open Date 01 Aug
  • Close Date 05 Aug
  • Lot Size 6000
  • IPO Size ₹ 7.02 Cr
  • IPO Price Range ₹ 20
  • Min Investment ₹ 120000

GCM Commodity & Derivatives Ltd IPO Timeline

Open Date
01 Aug
Close Date
05 Aug
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 35,10,000 equity shares of Rs. 10 each (Equity shares) of GCM Commodity & Derivatives Limited (The Company or The Issuer) for cash at a price of Rs. 20 per equity share, including a share premium of Rs. 10 Per equity share (The Issue Price), aggregating Rs. 7.02 crores (The Issue), of which 1,86,000 equity shares of face Value of Rs. 10 each will be reserved for subscription by the Market Makers to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. Issue of 33,24,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 20 per equity share aggregating Rs. 6.65 crores is hereinafter Refered to as the Net Issue. The issue and the net issue will constitute 47.26% and 44.76% respectively of The fully diluted post issue paid up equity share capital of the company.

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 GCM Commodity & Derivatives Ltd IPO

Contact Information

Address

3B Lal Bazar Street,
Sir R N M House 5th Floor,
Kolkata, West Bengal 700001

GCM Commodity & Derivatives Ltd IPO Lead Manager

Inventure Merchant Banker Services Pvt Ltd
Open Demat Account