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 Size21,54,000 shares (aggregating up to ₹5.17 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 30 Sep 2016
Subscription CloseFri, 07 Oct 2016
Anchor AllotmentThu, 29 Sep 2016
Basis of AllotmentThu, 13 Oct 2016
Initiation of RefundsFri, 14 Oct 2016
Credit of Shares to DematFri, 14 Oct 2016
Listing DateWed, 19 Oct 2016
UPI Mandate Deadline2016-10-07
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 Public20,40,000 shares (aggregating up to ₹4.90 Cr)
Reserved for Market Maker1,14,000 shares (aggregating up to ₹0.2736 Cr)
Pre-IPO Promoter Holding58,85,400 shares
Post-IPO Promoter Holding80,39,400 shares
About Globe International Carriers Ltd.
Incorporated in 2010, Globe International Carriers Ltd is Jaipur, Rajasthan based logistics services provider. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.The company offers a range of logistics services, including transportation of various types of industries goods, and bulk transportation and other related services through open/closed body vehicles and through two/three/four wheeler vehicles, as well as packing and unpacking services of goods.Company's goods transportation business serves a broad range of industries, including metal and metal products, textiles, apparel, furniture, appliances, pharmaceutical products, rubber, plastics, wood, glass, telecom products automotive parts and machinery. Visit chittorgarh.com for more detail.Company maintain its own fleet of 8 owned vehicles.
Objects of the Issue
Globe International Carriers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To Meet Working Capital Requirement
4.77
Shareholding & Lock-in
Pre-IPO Promoter Holding
58,85,400 shares
Post-IPO Promoter Holding
80,39,400 shares