Ginni Filaments Ltd IPO

Closed

Subscription Details

  • Open Date 19 Dec
  • Close Date 23 Dec
  • Lot Size 300
  • IPO Size ₹ 60 Cr
  • IPO Price Range ₹ 22
  • Min Investment ₹ 6600

Ginni Filaments Ltd IPO Timeline

Open Date
19 Dec
Close Date
23 Dec
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public Issue of 26262625 Equity Shares of Rs. 10 each (Equity Shares) for cash aggregating Rs. 60 crores by Ginni Filaments Limited (GFL or The Company or the Issuer). The issue comprises of Promoters contribution of 4444444 equity shares for cash at a price of 27 per Equity Share aggregating Rs. 12 crores (Promoters contribution) and the Net Offer to the Public of 21818181 Equity Shares at a price of Rs. 22 per Equity Share aggregating Rs. 48 crores (Net Issue). The issue will constitute 44.32 % of the fully diluted capital of the company after the Issue. The Issue Price Rs. 22 per Equity share of face value of Rs. 10/. The issue price is 2.2 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 Ginni Filaments Ltd IPO

Contact Information

Address

110 K M Stone,
Delhi Mathura Road Chhata,
Mathura, Uttar Pradesh 281401

Ginni Filaments Ltd IPO Lead Manager

SBI Capital Markets Ltd
Open Demat Account