Gyscoal Alloys Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (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
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 90 | ₹6,390 |
| Retail (Max) | 13 | 1,170 | ₹83,070 |
| S-HNI (Min) | 14 | 1,260 | ₹89,460 |
| B-HNI (Min) | 67 | 6,030 | ₹428,130 |
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
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 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.