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PRAVIN RATILAL SHARE
AND STOCK BROKERS LTD
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IPO Synopsis
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G G Engineering Ltd
Registered Office:
Shop No 15 1st Floor,EvershineMall Chincholi MaladW,
Mumbai - 400064,
Maharashtra, India.
Website :  www.ggengg.in
Public issue of 11,16,000 equity shares of (Rs) 10 each ("equity shares") of G G Engineering limited ("gg" or the "company" or the "issuer") for cash at a price of (Rs) 20 per share (the "issue price"), aggregating to (Rs) 2.23 Crores ("the issue"), of which, 60,000 equity shares of rs. 10 each will be reserved for subscription by market makers to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. issue of 10,56,000 equity shares of (Rs) 10 each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.65% and 25.21%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs) 10 each and the issue price of (Rs) 20/- i.e. 2.00 (two) times of the face value of the equity shares.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
30-Jun-17
07-Jul-17
20.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 6000   Further Multiples of : 6000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
2.23
Navigant Corporate Advisors Ltd
Project Financed through Current Offer
2.23
 
Post Issue Equity Share Capital
4.19
 
Issue Price
20.00
 
Projects
To part-finance incremental working capital req.
General Corporate purpose
Promoted By
Vinod H Beriwal
Kamal Beriwal
Listing At
BSE - SME
Registrar to the Issue
Karvy Fintech Pvt Ltd
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