Gala Print City IPO Details

Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Tue, Jun 30, 2015 - Mon, Jul 6, 2015

Gala Print City IPO Logo

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 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) (based on upper price). The minimum lot size for investment in 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 Open

Tue, Jun 30, 2015

IPO Close

Mon, Jul 6, 2015

Issue Price

₹24 per share

Market Cap (Pre-IPO)

₹11.42 Cr

IPO Details

IPO Date30 Jun to 6 Jul, 2015
Listed onThu, Jul 16, 2015
Face Value10 per share
Issue Price₹24 per share
Lot Size6,000 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size12,66,000 shares
(agg. up to ₹3 Cr)
Reserved for Market Maker
66,000 shares
(agg. up to ₹0.1584 Cr)
Guiness Securities Ltd.
Fresh Issue
(Ex Market Maker)
12,00,000 shares
(agg. up to ₹3 Cr)
Net Offered to Public12,00,000 shares
(agg. up to ₹3 Cr)
Share Holding Pre Issue34,90,500 shares
Share Holding Post Issue47,56,500 shares
BSE Script Code 539228
ISININE480S01018

IPO Timetable

Issue Reservation

Gala Print City IPO comprises a total issue size of 12,66,000 shares. The net offer to the public is 12,00,000 shares, after excluding 66,000 shares allotted on a firm basis. Of the Net offer 6,00,000 (50.00%) allocated to NII 6,00,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 6,00,00050.00%47.39%
Retail Shares Offered 6,00,00050.00%47.39%
Firm Reservations
Market Maker Shares Offered 66,0005.21%
Total Shares Offered 12,66,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 6,000 shares and in multiples thereof. 

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
IPO Subscription Details

About Gala Print City Ltd.

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.

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
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

Key Performance Indicator (KPI)

KPI
RoNW0.95%
Pre IPOPost IPO
Promoter Holding65.19%47.84%
Market Cap11.42 Cr.
The promoters of the company are:1. Mr. Vishal Mulchandbhai Gala
2. Ms. Neha Vishal Gala

IPO Review

[Dilip Davda]
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. Merchant banker has erratic performances for its past mandates. This is 17th IPO from its stable. 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.    
Read detail review...

Gala Print City IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0100
Members0000

Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. 0.15
2 Printing & Stationery, Distribution, Postage, etc 0.03
3 Advertisement & Marketing Expenses 0.03
4 Regulatory & other expenses 0.04

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price24.00
Open24.45
Low23.25
High24.45
Last Trade24.10

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IPO Registrar

Sharepro Services Pvt.Ltd.

Contact Details

Gala Print City Ltd. Address
B-1 Laxmi Comm,
Co-Op Estate, B/H Old Navneet Press,
Sukhramnagar,
Ahmedabad, Gujarat, 380021
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IPO FAQs

Gala Print City IPO is a SME IPO of 12,66,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹24 per share. The minimum order quantity is 6000.

The IPO opens on Tue, Jun 30, 2015, and closes on Mon, Jul 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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Gala Print City IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Gala Print City IPO opens on Tue, Jun 30, 2015 and closes on Mon, Jul 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 Thu, Jul 16, 2015.

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