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Gyscoal Alloys Ltd. Logo

Gyscoal Alloys Ltd. IPO

Closed Bookbuilding IPO NSE & BSE Fresh Capital
← Back to GMP
Issue Price ₹71
GMP —
Lot Size 90
Face Value ₹10
Issue Size 7,700,000 shares (aggregating up to ₹55 Cr)
Subscription —

IPO Timeline

Open Date13-Oct-10
Close Date15-Oct-10
Allotment-
Refund Initiation-
Demat Credit-
UPI Mandate Deadline15-Oct-10
Listing Date27-Oct-10

Category-wise Subscription

Shares offered, bid & amount
CategorySub (x)OfferedBid ForAmt (Cr)*
QIB — 3,850,000 (50%) — ₹2,734 Cr
NII (HNI) — 1,155,000 (15%) — ₹820 Cr
Retail — 2,695,000 (35%) — ₹1,913 Cr
Σ  Total—7,700,000 (100%)—₹54,670 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₹71
Face Value₹10
Lot Size90 shares
Issue Size7,700,000 shares (aggregating up to ₹55 Cr)
Issue TypeBookbuilding IPO
Listing ExchangeNSE & BSE
Sale TypeFresh Capital
Script Code—
Net Offer to Public—
Amount InLakhs
Stock Price History · BSE
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Minimum Investment (Lot-wise)

CategoryLotsSharesAmount (₹)
Retail (Min)190₹6,390
Retail (Max)131,170₹83,070
S-HNI (Min)141,260₹89,460
B-HNI (Min)676,030₹428,130
Retail1 lot(s)90 shares₹6,390
S-HNI32 lot(s)2,880 shares₹204,480
B-HNI157 lot(s)14,130 shares₹1,003,230

Shareholding Pattern

Pre-Issue Shareholding8,127,556 shares%
Post-Issue Shareholding15,827,556 shares%
Reserved for Market Maker—

Financial Statements Amount in Lakhs

Metric 31-Mar-09 31-Mar-08 31-Mar-07
Revenue 12,558 13,238 7,776
Profit After Tax 179 731 280

Valuation & Key Ratios

ROE—
ROCE—
RONW15%
PAT Margin—
EBITDA Margin—
Debt/Equity—
P/BV—
Pre EPS—
Post EPS—
Pre P/E—
Post P/E—

Grey Market Premium (GMP)

— 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 finance the capital expenditure for enhancing the production capctiy of melting section by 100,000 MT per annum – 57.70
  • 2 To meet the Long Term Working Capital requirements of the Company – 5.00
  • 3 To meet General Corporate Purpose – 0.25
  • 4 To meet Issue Expenses – 4.82

Company Overview

Incorporated in 1999, Gyscoal Alloys Limited (GAL) is in the business of trading of iron & steel products and steel rolling mill.

Company's products portfolio includes Angles, Bright Bars, Black Bars, Flats, Hexagonal and Round Corner Squares (RCS) products which include channels, sections, pata-patti, full line of Round Corner Squares (RCS) and rectangles in standard sizes. The Company also manufactures squares, and Flat in sizes of the specification as per requirement of its customers.

The Company’s products adhere to high quality standards and it has got ISO 9001:2008 certification for the manufacture and supply of stainless steel and mild steel based angles, channels, flats, round, square, bright, twisted bars, billets and ingots adhering to IS 2062 & IS 1786 from BSI Management Systems.

Company Information

Address2nd Floor Mrudul Tower, B/H Times of India Ashram Road, Ahmedabad - 380009, Gujarat Ahmedabad, Gujarat