Gretex Industries Ltd - Prospectus Synopsis

Gretex Industries Ltd pdf Icon RHP

Registered Office : 90 Phears Lane 5th Floor , P S Bow Bazaar , Kolkata - 700012 , West Bengal , India.

Phone :   Fax :

Email :sweta@gretexgroup.com    Website : www.gretexindustries.com

Public offer of 19,80,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 20/- per equity share (the offer price) (including a share premium of Rs. 10/- per equity share) aggregating up to Rs. 3.96 crores (the offer) by the company, consisting of a fresh issue of up to 10,56,000 equity shares by the company aggregating up to Rs. 2.11 crores (the fresh issue) and offer for sale of 9,24,000 equity shares by promoter group selling sharholders i.e. Bonanza Agency Private Limited, talent investment company Private limited and promoter selling sharholder i.e. Ambition Tie-up Private Limited of which (collectively, the selling shareholder) aggregating up to Rs. 1.85 crores (the offer for sale). The offer comprises a net offer to the public of 18,78,000 equity shares ( the net offer) and a reservation of 1,02,000 equity shares aggregating up to Rs. 0.20 crores will be reserved for subscription by the market maker to the offer (the market maker reservation portion). The offer and the net offer will constitute 47.01% and 44.59%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each. The offer price is Rs.20 and is 2.00 times of the face value of the equity shares.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
9/30/2016 12:00:00 AM 10/5/2016 12:00:00 AM Rs 20 - 0Rs 0 - 0
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
 Rs CrLead Managers to the Issue
Project Cost 0 Indian Overseas Bank
Project Financed through Current Offer 3.96  
Post Issue Equity Share Capital 0  
Issue PriceRs. 20 
Projects
Funding Working Capital Requirements
Promoted ByListing AtRegistrar to the Issue
Ambition Tie-up Pvt Ltd
Ambuja Technologies Pvt Ltd
Arvind Harlalka
- Bigshare Services Pvt Ltd