Ghushine Fintrrade Ocean Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,230,000 (47%) | — | ₹123 Cr |
| Retail | — | 1,230,000 (47%) | — | ₹123 Cr |
| Market Maker | — | 140,000 (5%) | — | ₹1 Cr |
| Σ Total | — | 2,600,000 (100%) | — | ₹2,600 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹100,000 |
| Retail (Max) | 13 | 130,000 | ₹1,300,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,400,000 |
| B-HNI (Min) | 67 | 670,000 | ₹6,700,000 |
Valuation & Key Ratios
Grey Market Premium (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 Augmenting additional working capital requirements – 2.35
- 2 Public Issue Expense – 0.25
Company Overview
Incorporated in 1995, Ghushine Fintrrade Ocean Ltd is engaged in trading activities of various textile materials (semi-finished and finished products) in the textile market. Company is mainly engaged in trading of all kind of fabrics, including cotton, poly cotton, and all kind of synthetic fabrics. Their product range includes both finished and unfinished fabrics. They supply fabrics to various corporates in textile sector.
They are engaged in the trading of following products:
1. Fabric for Suiting & Shirtings
2. Sarees
3. Dress Materials
4. Quilting Fabric
5. Fabric for home furnishings such as curtains