|
Gallard Steel Ltd
|
|
cs@gallardsteel.com Website:https://www.gallardsteel.com
|
|
Initial public offer of upto 25,00,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Gallard Steel Limited ("the Company" or "GSL" or "the Issuer") at an issue price of Rs. 150 per equity share for cash, aggregating up to Rs.37.50 crores ("Public Issue") out of which 1,25,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 150 per equity share for cash, aggregating Rs. 1.88 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 23,75,000 equity shares of face value of Rs. 10/- each, at an issue price of
Rs. 150 per equity share for cash, aggregating upto Rs. 35.63 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.32% and 25.00% respectively of the post- issue paid-up equity share capital of the company.
|
|
|
|
|
|
|
Gallard Steel Ltd
|
| |
Rs Cr |
Lead Managers to the Issue |
| 0.00 |
|
| 37.50 |
|
| 9.50 |
|
| Rs.
150.00
|
|
|
|
|
|
| Projects |
|
Funding of capital expenditure towards expansion of the company existing Manufacturing facility and construction of office building
|
Repayment of a portion of certain borrowings availed by the company
|
|
|
| Zakiuddin Sujauddin |
| Hakimuddin Ghantawala |
| Kaid Johar Kalabhai |
|
|
|
| |
|
|