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G M Polyplast Ltd

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-20 06-Oct-20 159.00-0.00 0.00-0.00
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 159.00  

Project

  • To meet working capital requirement
  • General Corporate Purposes

Promoted By

Dinesh Balbirsingh Sharma

Sarita Dinesh Sharma

Listing At

BSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.