Garden Reach Shipbuilders & Engineers Ltd - Prospectus Synopsis

Garden Reach Shipbuilders & Engineers Ltd RHP

Registered Office : 43/46 Garden Reach Road , , Kolkata - 700024 , West Bengal , India.

Phone : 91-33-24698100-8113  Fax : 91-33-24698150

Email :    Website :

Initial public offering of 29,210,760 Equity Shares of face value of Rs.10 each (equity shares) of Garden Reach Shipbuilders & Engineers Limited (the company or the issuer) through an offer for sale by the promoter, the President of India, acting through the Ministry of Defence, Government of India (the selling shareholder) for cash at a price of Rs.118* per equity share (the offer price), aggregating to Rs.343.59 # Crores (the offer). The Offer included a reservation of up to 572,760# equity shares aggregating to Rs.6.47 Crores for subscription by eligible employees (as defined herein) (Employee reservation portion). The offer less employee reservation portion is referred to as the net offer. The offer and the net offer constituted 25.50% and 25.00% respectively, of the post offer paid-up equity share capital of the company. The face value of equity shares is Rs.10 each and the offer price is 11.8 times the face value of the equity shares. * A discount of Rs.5 per Equity Share to the Offer Price was offered to the Retail Individual Bidders (Retail Discount) and a discount of Rs.5 per Equity Share to the Offer Price was offered to the Eligible Employees Bidding in the Employee Reservation Portion (Employee Discount). # Subject to finalization of Basis of Allotment.

Issue Money Payable On
Opens On Closes On Application Allotment
24-Sep-2018 01-Oct-2018 Rs 118 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 120 Further Multiples of : 120
  Rs Cr Lead Managers to the Issue
Project Cost 0 IDBI Capital Markets & Securities Ltd
Project Financed through Current Offer 343.59  
Post Issue Equity Share Capital 114.55  
Issue Price Rs. 118  
The Disinvestment of 29,210,760 shares by the Selling Shareholders
Promoted By Listing At Registrar to the Issue
The President of India
Mumbai Alankit Assignments Ltd

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