GCM Securities Ltd IPO

Closed

Subscription Details

  • Open Date 18 Mar
  • Close Date 20 Mar
  • Lot Size 6000
  • IPO Size ₹ 12.18 Cr
  • IPO Price Range ₹ 20
  • Min Investment ₹ 120000

GCM Securities Ltd IPO Timeline

Open Date
18 Mar
Close Date
20 Mar
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 60,90,000 equity shares of Rs. 10 each (Equity Shares) of GCM Securities 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. 12.18 crores (The Issue), of which 3,30,000 equity shares 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 57,60,000 equity shares of Rs. 10 each for cash at a price of Rs. 20 per equity share aggregating Rs. 11.52 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 32.07% and 30.33% 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 Securities Ltd IPO

Contact Information

Address

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

GCM Securities Ltd IPO Lead Manager

Inventure Merchant Banker Services Pvt Ltd
Open Demat Account