IPO Issue Details
Issue Price / Price Band₹24 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size12,66,000 shares (aggregating up to ₹3.04 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 30 Jun 2015
Subscription CloseMon, 06 Jul 2015
Anchor AllotmentMon, 29 Jun 2015
Basis of AllotmentSun, 12 Jul 2015
Initiation of RefundsMon, 13 Jul 2015
Credit of Shares to DematMon, 13 Jul 2015
Listing DateThu, 16 Jul 2015
UPI Mandate Deadline2015-07-06
Application & Investment Details
Retail — Min (1 Lots)₹1,44,000 — 6,000 shares
Retail — Max (13 Lots)₹1,872,000 (13 Lots)
HNI — Min (2 Lots)₹2,88,000 — 12,000 shares
Net Offer to Public12,00,000 shares (aggregating up to ₹2.88 Cr)
Reserved for Market Maker66,000 shares (aggregating up to ₹0.1584 Cr)
Pre-IPO Promoter Holding34,90,500 shares
Post-IPO Promoter Holding47,56,500 shares
About Gala Print City Ltd.
Incorporated in 2010, Gala Print City Ltd (GPCL) is engaged in the business of printing and offering multi-colour offset printing services, single colour offset printing services, commercial printing services for calendars, catalogs, brochures, posters, annual reports manuals, etc.Company's client list includes Navneet Education Ltd, Gujarat State Board of Text-Book, M.S. Bureau of Text-Book, Gujarat University, Income Tax department, Meet Trading Co., M.S. Board of Technical Education and Veer Narmad South Gujarat University.
Objects of the Issue
Gala Print City Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To part-finance incremental working capital requirements
2.60
2
2 General corporate expenses
0.20
3
3 To meet the expenses of the Issue
0.24
Shareholding & Lock-in
Pre-IPO Promoter Holding
34,90,500 shares
Post-IPO Promoter Holding
47,56,500 shares