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Gala Print City IPO is a fixed price issue of ₹3.04 crores. The issue is entirely a fresh issue of 0.13 crore shares of ₹3.04 crore.
Gala Print City IPO bidding started from Jun 30, 2015 and ended on Jul 6, 2015. The shares got listed on BSE SME on Jul 16, 2015.
Gala Print City IPO price is ₹24.00 per share . The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,44,000 (6000 shares). The minimum lot size investment for HNI is 2 lots (12,000 shares), amounting to ₹2,88,000.
Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and Sharepro Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Guiness Securities Ltd..
Refer to Gala Print City IPO RHP for detailed Information.
| IPO Date | June 30, 2015 to July 6, 2015 |
| Listing Date | July 16, 2015 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹24 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 12,66,000 shares (aggregating up to ₹3.04 Cr) |
| Reserved for Market Maker | 66,000 shares Guiness Securities Ltd. (aggregating up to ₹0.1584 Cr) |
| Net Offered to Public | 12,00,000 shares (aggregating up to ₹2.88 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 34,90,500 shares |
| Share Holding Post Issue | 47,56,500 shares |
Gala Print City IPO offers total 12,66,000 shares. Out of which 6,00,000 (47.39%) allocated to NII, 6,00,000 (47.39%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 66,000 (5.21%) |
| NII (HNI) Shares Offered | 6,00,000 (47.39%) |
| Retail Shares Offered | 6,00,000 (47.39%) |
| Total Shares Offered | 12,66,000 (100.00%) |
Gala Print City IPO opens on June 30, 2015, and closes on July 6, 2015.
| IPO Open Date | Tue, Jun 30, 2015 |
| IPO Close Date | Mon, Jul 6, 2015 |
| Tentative Listing Date | Thu, Jul 16, 2015 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Jul 6, 2015 |
Investors can bid for a minimum of 6,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹1,44,000 |
| Retail (Max) | 1 | 6,000 | ₹1,44,000 |
| HNI (Min) | 2 | 12,000 | ₹2,88,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2010, Gala Print City Ltd (GPCL) is engaged in the business of printing and offering multi-colour offset printing services, single colour offset printing services, commercial printing services for calendars, catalogs, brochures, posters, annual reports manuals, etc.
Company's client list includes Navneet Education Ltd, Gujarat State Board of Text-Book, M.S. Bureau of Text-Book, Gujarat University, Income Tax department, Meet Trading Co., M.S. Board of Technical Education and Veer Narmad South Gujarat University.
| KPI | Values |
|---|---|
| RoNW | 0.95% |
The Company Gala Print City IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | To part-finance incremental working capital requirements | 2.60 |
| 2 | General corporate expenses | 0.20 |
| 3 | To meet the expenses of the Issue | 0.24 |
[Dilip Davda] <p>If we annualize these earnings and attribute to fully diluted equity post issue then asking price is at a P/E of 104 plus. Thus issue is aggressively priced.</p> <p>Merchant banker has erratic performances for its past mandates. This is 17th IPO from its stable.</p> <p>DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published here. As SME issues have entry barriers and low preference from broking community, any reader taking decisions based on any information published here does so entirely at own risk. Author has no plans to invest in this offer.</p> <p> </p> <p style="margin: 0in 0in 0pt; text-align: justify;"> </p> Read detail review...
| Listing Date | July 16, 2015 |
| BSE Script Code | 539228 |
| NSE Symbol | |
| ISIN | INE480S01018 |
| Final Issue Price | ₹24 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹24.00 |
| Open | ₹24.45 |
| Low | ₹23.25 |
| High | ₹24.45 |
| Last Trade | ₹24.10 |
Gala Print City Ltd.
B-1 Laxmi Comm,
Co-Op Estate, B/H Old Navneet Press,
Sukhramnagar,
Ahmedabad, Gujarat, 380021
Phone: 079-22772921
Email: galaprintcity@gmail.com
Website: http://www.galaprintycity.com
Sharepro Services Pvt.Ltd.
Phone: 9999999999
Email: subhash@shareproservices.com
Website:
Gala Print City IPO is a SME IPO of 12,66,000 equity shares of the face value of ₹10 aggregating up to ₹3.04 Crores. The issue is priced at ₹24 per share. The minimum order quantity is 6000.
The IPO opens on June 30, 2015, and closes on July 6, 2015.
Sharepro Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Gala Print City IPO using UPI as a payment gateway. Zerodha customers can apply in Gala Print City IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Gala Print City IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Gala Print City IPO opens on June 30, 2015 and closes on July 6, 2015.
Gala Print City IPO lot size is 6000, and the minimum amount required for application is ₹1,44,000.
You can apply in Gala Print City IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Gala Print City IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Gala Print City IPO allotment status.
The Gala Print City IPO listing date is on Thursday, July 16, 2015.
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