G M Polyplast Limited Sme Ipo Details

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G M Polyplast Limited SME IPO Subscription Period From 30th September To sixth October 2020:

G M Polyplast Limited was encapsulated in 2003 and situated at Mumbai. The organization is for the most part engaged with oil and gas pipeline framework specialist co-ops. It is high-grade sheets producing organization. The organization gives PVC sheets, HIPS sheets, HDPE Sheets HIPS sheets, A.B.S. sheets, and others. The IPO membership period will begin on 30th September and it will close on sixth October 2020.


Initial public offering Details:

Offer Period: 30th September to sixth October 2020.

Initial public offering Type: Fixed Price Issue IPO.

Initial public offering Size: 5,08,800 value portions of Rs. 10 (amassing up to Rs. 8.09 Cr).

New Issue: 3,22,800 value portions of Rs. 10 (amassing up to Rs. 5.13 Cr).

Offer for Sale: 1,86,000 value portions of Rs. 10 (conglomerating up to Rs. 2.96 Cr).

Face Value: Rs. 10 for each value share.

Initial public offering Price: Rs. 159 for each value share. ...
...

Market Lot: 800 shares.

Least Order Quantity: 800 shares.

Posting At: BSE SME.


The organization presented a 'Fixed Price Issue' type first sale of stock with the assumed worth of Rs. 10 for every value share. Correspondingly, the value band of the issue is Rs. 159 for each value share.

The market part and the base request amount is 800 for every each. In the event that any speculator ought to put resources into this organization with a base venture measure of Rs. 1,27,200 (1 lot= 800 offers).


G M Polyplast Promoter Holding:

The advertisers of the organization are Mr. Dinesh Balbirsingh Sharma and Ms. Sarita Dinesh Sharma.

Pre Issue Share Holding: 100%.

Post Issue Share Holding: 73.65%.

The target of the organization, it intends to use the IPO raised the sum for the working capital necessities, general corporate purposes, and IPO uses. Besides, G M Polyplast Ltd. offers will list on the BSE SME.


G M Polyplast IPO Registrar:

Bigshare Services Pvt Ltd,

first Floor, Bharat Tin Works Building,

Makwana Road, Marol,

Andheri(E), Mumbai-400 059.

Telephone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Site: http://www.bigshareonline.com


Disclaimer: This post is only data about the IPO. It doesn't offer any guidance or proposal. If it's not too much trouble read the offer archive cautiously and counsel your consultant before contributing.
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