IPO Synopsis
Home >> IPO >> IPO Synopsis
G G Engineering Ltd
Registered Office:
Shop No 15 1st Floor,Evershine Mall Chincholi Malad,
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 Computershare Pvt Ltd
Adani Ports & Special Economic Zone Ltd     381.15   Down   -5.40 (-1.40%)   Asian Paints Ltd     1,159.35   Down   -5.65 (-0.48%)   Axis Bank Ltd     505.70   Down   -7.20 (-1.40%)   Bajaj Auto Ltd     2,852.70   Down   -5.25 (-0.18%)   Bajaj Finance Ltd     1,880.40   Down   -32.90 (-1.72%)   Bajaj Finserv Ltd     5,286.35   Down   -98.85 (-1.84%)   Bharat Petroleum Corporation Ltd     371.40   Down   -5.15 (-1.37%)   Bharti Airtel Ltd     402.00   Up   6.65 (1.68%)   Bharti Infratel Ltd     331.10   Down   -4.85 (-1.44%)   Cipla Ltd     589.05   Up   4.65 (0.80%)   Coal India Ltd     292.05   Up   8.85 (3.13%)   Dr Reddys Laboratories Ltd     2,121.90   Down   -14.40 (-0.67%)   Eicher Motors Ltd     31,148.70   Up   228.55 (0.74%)   GAIL (India) Ltd     330.55   Down   -4.80 (-1.43%)   Grasim Industries Ltd     1,100.80   Down   -3.35 (-0.30%)   HCL Technologies Ltd     1,062.35   Up   43.80 (4.30%)   HDFC Bank Ltd     1,955.90   Up   16.90 (0.87%)   Hero Honda Motors Ltd     3,742.70   Up   19.10 (0.51%)   Hindalco Industries Ltd     262.10   Down   -2.65 (-1.00%)   Hindustan Petroleum Corporation Ltd     299.05   Down   -2.45 (-0.81%)   Hindustan Unilever Ltd     1,467.80   Up   13.60 (0.94%)   Housing Development Finance Corporation Ltd     1,834.15   Down   -24.50 (-1.32%)   ICICI Bank Ltd     282.15   Down   -7.45 (-2.57%)   Indiabulls Housing Finance Ltd     1,356.05   Down   -11.50 (-0.84%)   Indian Oil Corporation Ltd     160.10   Up   2.15 (1.36%)   IndusInd Bank Ltd     1,812.85   Down   -20.10 (-1.10%)   Infosys Technologies Ltd     1,178.45   Up   45.60 (4.03%)   ITC Ltd     276.20   Down   -1.15 (-0.41%)   Kotak Mahindra Bank Ltd     1,152.85   Down   -1.05 (-0.09%)   Larsen & Toubro Ltd     1,365.05   Down   -19.95 (-1.44%)   Lupin Ltd     799.90   Up   9.55 (1.21%)   Mahindra & Mahindra Ltd     799.50   Down   -2.40 (-0.30%)   Maruti Suzuki India Ltd     9,025.00   Down   -52.65 (-0.58%)   NIFTY (S&P CNX)     10,564.05   Down   -1.25 (-0.01%)   NTPC Ltd     174.35   Down   -3.20 (-1.80%)   Oil & Natural Gas Corpn Ltd     182.35   Down   -1.60 (-0.87%)   Power Grid Corporation of India Ltd     207.20   Down   -0.90 (-0.43%)   Reliance Industries Ltd     927.90   Down   -14.40 (-1.53%)   State Bank of India     241.20   Down   -4.95 (-2.01%)   Sun Pharmaceuticals Industries Ltd     505.30   Down   -3.90 (-0.77%)   Tata Consultancy Services Ltd     3,402.45   Up   211.30 (6.62%)   Tata Motors Ltd     336.00   Up   1.75 (0.52%)   Tata Steel Ltd     606.20   Down   -15.75 (-2.53%)   Tech Mahindra Ltd     700.50   Up   35.30 (5.31%)   Titan Company Ltd     956.55   Up   3.80 (0.40%)   UltraTech Cement Ltd     4,080.90   Down   -22.55 (-0.55%)   UPL Ltd     765.75   Down   -3.15 (-0.41%)   Vedanta Ltd     308.60   Down   -3.10 (-0.99%)   Wipro Ltd     298.05   Up   5.60 (1.91%)   Yes Bank Ltd     308.55   Down   -9.95 (-3.12%)   Zee Entertainment Enterprises Ltd     587.70   Down   -5.20 (-0.88%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com