Gokul Refoils and Solvent Ltd IPO


IPO Subscription Details

  • Open Date 08 May
  • Close Date 13 May
  • Lot Size 35
  • IPO Size ₹ 139.59 Cr
  • IPO Price Range ₹ 195
  • Min Investment ₹ 6825

IPO Synopsis

Public issue of 71,58,392 equity shares of Rs. 10 each of Gokul Refoils and Solvent Limited (Gokul or our company or the issuer) for cash at a price of Rs.195/- per equity share [including a share premium of Rs.185/- per equity share] aggregating to Rs.139.59 Crores (the issue). The issue comprises a reservation of upto 75,000 equity shares for subscription by eligible employees (as defined herein) (the Employee reservation portion) and a net issue to the pubic of 70,83,392 equity shares (the net issue to the public). The net issue to the public will constitute 26.85% of the fully diluted post issue paid-up capital of our company. The issue will constitute 27.14% of the fully diluted post issue paid-up Capital of our company. Issue Price is Rs.195/- per equity share of face value Rs. 10 each. The issue price is 19.5 times of the face value

How to apply for 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 Gokul Refoils and Solvent Ltd IPO

Contact Information

State Highway No 41,
Nr Sujanpur Patia,
Sidhpur, Gujarat 384151

Gokul Refoils and Solvent Ltd IPO Lead Manager

Anand Rathi Securities LtdIntensive Fiscal Services Pvt Ltd

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