Gujarat Hy-Spin Ltd IPO

Closed

IPO Subscription Details

  • Open Date 25 Jan
  • Close Date 31 Jan
  • Lot Size 10000
  • IPO Size ₹ 4.45 Cr
  • IPO Price Range ₹ 10
  • Min Investment ₹ 100000

IPO Synopsis

Public offer of 44,50,000 equity shares of face value of Rs. 10 each (Equity Shares) of Gujarat Hy-Spin Limited (The Company or the The Issuer) for cash at a price of Rs. 10 per equity share (The Offer Price), aggregating Rs. 4.45 crores (The Offer) through an offer for sale by the promoters, Maganlal Parvadiya and Chandulal Parvadia (The selling shareholders), of which 2,30,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 10 per equity share, aggregating Rs. 0.23 crores will be reserved for subscription by the market maker to the offer (The market maker reservation portion). The offer less market maker reservation portion i.e. offer of 42,20,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 10 per equity share, aggregating Rs. 4.22 crores is hereinafter refered to as the Net Offer. The offer and the net offer will constitute 26.57% and 25.19% respectively of the fully diluted post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the offer price of Rs. 10 is 1 times of the face value of the equity shares.

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 Gujarat Hy-Spin Ltd IPO

Contact Information

Address

P O Box No. 22,
Gundala Road Gondal,
Rajkot, Gujarat 360311

Gujarat Hy-Spin Ltd IPO Lead Manager

Pantomath Capital Advisors Pvt Ltd