IPO Issue Details
Issue Price / Price Band₹20 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size45,00,000 shares (aggregating up to ₹9.00 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 05 May 2014
Subscription CloseWed, 07 May 2014
Anchor AllotmentSun, 04 May 2014
Basis of AllotmentTue, 13 May 2014
Initiation of RefundsWed, 14 May 2014
Credit of Shares to DematWed, 14 May 2014
Listing DateWed, 21 May 2014
UPI Mandate Deadline2014-05-07
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 6,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 12,000 shares
Net Offer to Public42,72,000 shares (aggregating up to ₹8.54 Cr)
Reserved for Market Maker2,28,000 shares (aggregating up to ₹0.4560 Cr)
Pre-IPO Promoter Holding1,24,40,000 shares
Post-IPO Promoter Holding1,69,40,000 shares
About GCM Capital Advisors Ltd.
GCM Capital Advisors Ltd is a diversified financial services company is mainly engaged in the business of providing financial advisory & consultancy services and engaged in treasury operations by providing funding solutions to their clients both in the form of Debt & Equity and investment activities.1. Financial Advisory And Consultancy Services2. Treasury OperationsThey provide integrated solutions to their clients which includes managing crucial aspects like corporate finance, working capital finance, project finance and financial restructuring to corporate. They are primarily focused on small and mid sizes enterprises (SME's).As a part of their treasury operations, Company is also engaged in making investment in the form of Debt & Equity in various companies.
Objects of the Issue
GCM Capital Advisors Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Augmenting long term working capital
8.60
2
2 Public Issue Expenses
0.40
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,24,40,000 shares
Post-IPO Promoter Holding
1,69,40,000 shares