Gyscoal Alloys Ltd IPO


Subscription Details

  • Open Date 13 Oct
  • Close Date 15 Oct
  • Lot Size 90
  • IPO Size ₹ 54.67 Cr
  • IPO Price Range ₹ 71
  • Min Investment ₹ 6390

Gyscoal Alloys Ltd IPO Timeline

Open Date
13 Oct
Close Date
15 Oct
Basis of Allotment
Credit to Demat Account
Listing Date

IPO Synopsis

Public Issue of 77,00,000 equity shares of Rs. 10 each for cash at a price of Rs. 71 per equity share (including a share premium of Rs. 61 per equity share) aggregating Rs. 54.67 crores by Gyscoal Alloys Limited (Company or Issuer or GAL). The Issue would constitute 48.65% of the fully diluted post issue paid up capital of the company. Issue price : Rs. 71 per fully paid up equity share of face value Rs. 10 each. The issue price is 7.1 times 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 Gyscoal Alloys Ltd IPO

Contact Information


Plot No 2/3 GIDC Ubkhal,
Kukarwada Tal Vijapur,
Mehsana, Gujarat 382830

Gyscoal Alloys Ltd IPO Lead Manager

Chartered Capital and Investment Ltd
Open Demat Account