G M Polyplast Ltd - Prospectus Synopsis

G M Polyplast Ltd RHP

Registered Office : A-66 New Empire Industrial Est , Kondivita Road Andheri East , Mumbai - 400059 , Maharashtra , India.

Phone : 91-22-2820 9552  Fax :

Email : info@gmpolyplast.com    Website : www.gmpolyplast.com

Public offer of 5,06,000 equity shares of face value of Rs. 10 each (equity Shares) of G M Polyplast Limited (The Company or The Issuer) for cash at a price of Rs. 160.00 per equity share including a share premium of Rs. 150.00 per equity share (The Offer Price) aggregating to Rs, 8.10 crores (The Offer) comprising of a fresh issue of 3,20,000 equity shares aggregating to Rs. 5.12 crores (The Fresh Issue) and an offer for sale of 1,86,000 equity shares by the promoter selling shareholders (Offer for Sale) aggregating to Rs. 2.98 crores of which 26,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 160.00 per equity share including a share premium of Rs. 150.00 per equity share aggregating to Rs. 0.42 crores will be reserved for subscription by market maker to the offer (The Market Maker Reservation Portion). The Offer less the market maker reservation portion i.e. net offer of 4,80,000 equity shares of face value of Rs. 10.00 each at a price of Rs. 160.00 per equity share including a share premium of Rs. 150.00 per equity share aggregating to Rs. 7.68 crores (The Net Offer). The Offer and The Net offer will constitute 26.35% and 25.00% respectively of the post offer paid up equity share capital of the company. The Face value of the equity share is Rs. 10.00 and the offer price is 16.0 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Sep-2020 06-Oct-2020 Rs 159 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 800 Further Multiples of : 800
  Rs Cr Lead Managers to the Issue
Project Cost 5.13 Gretex Corporate Services Pvt Ltd
Project Financed through Current Offer 8.09  
Post Issue Equity Share Capital 1.92  
Issue Price Rs. 159  
Projects
To meet working capital requirement
Promoted By Listing At Registrar to the Issue
Dinesh Balbirsingh Sharma
Sarita Dinesh Sharma
BSE - SME Bigshare Services Pvt Ltd
 

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