IPO Timeline
Open Date22-Sep-10
Close Date24-Sep-10
Allotment-
Refund Initiation-
Demat Credit-
UPI Mandate Deadline24-Sep-10
Listing Date11-Oct-10
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 670,000 (10%) | — | ₹335 Cr |
| NII (HNI) | — | 2,680,000 (40%) | — | ₹1,340 Cr |
| Retail | — | 3,350,000 (50%) | — | ₹1,675 Cr |
| Σ Total | — | 6,700,000 (100%) | — | ₹33,500 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Issue Price / Price Band₹50
Face Value₹10
Lot Size125 shares
Issue Size8,100,208 shares (aggregating up to ₹41 Cr)
Issue TypeFixed Price IPO
Listing ExchangeNSE & BSE
Sale TypeFresh Capital
Script Code—
Net Offer to Public6,700,208 shares (aggregating up to ₹34 Cr)
Amount InRs Cr
Stock Price History · BSE
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Yahoo Finance · Live
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 125 | ₹6,250 |
| Retail (Max) | 13 | 1,625 | ₹81,250 |
| S-HNI (Min) | 14 | 1,750 | ₹87,500 |
| B-HNI (Min) | 67 | 8,375 | ₹418,750 |
Retail1 lot(s)125 shares₹6,250
S-HNI33 lot(s)4,125 shares₹206,250
Valuation & Key Ratios
ROE—
ROCE—
RONW—
PAT Margin—
EBITDA Margin—
Debt/Equity—
P/BV—
Pre EPS—
Post EPS—
Pre P/E—
Post P/E—
Grey Market Premium (GMP)
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Current GMP
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To part finance the integrated steel plant consisting of the following modules: Sponge Iron Plant with a capacity of 99,000 MTPA, M.S Billets with a capacity of 1,62,380 MTPA, Re-Rolled Products with a capacity of 1,67,400 MTPA, Captive Power Plant with a generating capacity of 16 MW –
- 2 To part finance the Flour Mill with a capacity of 1,80,000 MTPA –
Company Overview
Incorporated in 2005, Gallantt Ispat Ltd is engaged in the manufacturing and marketing of Sponge Iron, Mild steel billets, Re-Rolled products (TMT bars and Mild Steel Structural) and wheat flour products.
Company Information
AddressGallantt Ispat Ltd, Ashyana, 29C, Bentinck Street, Kolkata - 700 069, West Bengal, India Kolkata, West Bengal
Phone+91 33 22312429
Websitehttp://www.gallantt.com