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Gautam Gems IPO is a fixed price issue of ₹7.56 crores. The issue is entirely a fresh issue of 0.21 crore shares of ₹7.56 crore.
Gautam Gems IPO bidding started from Jan 24, 2018 and ended on Jan 30, 2018. The shares got listed on BSE SME on Feb 7, 2018.
Gautam Gems IPO price is ₹36.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,08,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,16,000.
First Overseas Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company is Beeline Broking Ltd..
Refer to Gautam Gems IPO RHP for detailed Information.
| IPO Date | January 24, 2018 to January 30, 2018 |
| Listing Date | February 7, 2018 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹36 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 21,00,000 shares (aggregating up to ₹7.56 Cr) |
| Reserved for Market Maker | 1,05,000 shares Beeline Broking Ltd. (aggregating up to ₹0.3780 Cr) |
| Net Offered to Public | 19,95,000 shares (aggregating up to ₹7.18 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 33,91,108 shares |
| Share Holding Post Issue | 54,91,108 shares |
Gautam Gems IPO offers total 21,00,000 shares. Out of which 9,97,500 (47.50%) allocated to NII, 9,97,500 (47.50%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,05,000 (5.00%) |
| NII (HNI) Shares Offered | 9,97,500 (47.50%) |
| Retail Shares Offered | 9,97,500 (47.50%) |
| Total Shares Offered | 21,00,000 (100.00%) |
Gautam Gems IPO opens on January 24, 2018, and closes on January 30, 2018.
| IPO Open Date | Wed, Jan 24, 2018 |
| IPO Close Date | Tue, Jan 30, 2018 |
| Tentative Listing Date | Wed, Feb 7, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Jan 30, 2018 |
Investors can bid for a minimum of 3,000 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 | 3,000 | ₹1,08,000 |
| Retail (Max) | 1 | 3,000 | ₹1,08,000 |
| HNI (Min) | 2 | 6,000 | ₹2,16,000 |
Incorporated in 2014, Gautam Gems Ltd is Surat, Gujarat based company engaged in manufacturing and trading of diamonds of rough and polished diamonds.
Company purchase the rough diamonds and polish them in-house at its Surat office. The polished diamonds are sold to jewellery manufacturers, jewellery wholesalers, jewellery retailers, jewellery traders, diamond wholesalers, diamond retailers.
Company also sells rough diamonds to rough diamond traders and diamond manufacturers in domestic markets. Company has its independent sales and distribution network for its products within the domestic markets.
The Company Gautam Gems 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 | Working Capital | 7.27 |
| 2 | Issue Expenses | 0.29 |
[Dilip Davda] <p>There in no harm in giving this fully priced issue a miss.</p> Read detail review...
| Listing Date | February 7, 2018 |
| BSE Script Code | 540936 |
| NSE Symbol | |
| ISIN | INE063Z01017 |
| Final Issue Price | ₹36 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹36.00 |
| Open | ₹34.15 |
| Low | ₹28.80 |
| High | ₹43.00 |
| Last Trade | ₹34.60 |
Gautam Gems Ltd.
3rd Floor, Office - 301, Sumukh,
Super Compound,
Vasta Devadi Road,
Surat, Gujarat, 395004
Phone: +91 261 2538046
Email: complianceggl@gmail.com
Website: http://www.gautamgems.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://ipostatus.kfintech.com/
Gautam Gems IPO is a SME IPO of 21,00,000 equity shares of the face value of ₹10 aggregating up to ₹7.56 Crores. The issue is priced at ₹36 per share. The minimum order quantity is 3000.
The IPO opens on January 24, 2018, and closes on January 30, 2018.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Gautam Gems IPO using UPI as a payment gateway. Zerodha customers can apply in Gautam Gems IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Gautam Gems IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Gautam Gems IPO opens on January 24, 2018 and closes on January 30, 2018.
Gautam Gems IPO lot size is 3000, and the minimum amount required for application is ₹1,08,000.
You can apply in Gautam Gems 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 Gautam Gems IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Gautam Gems IPO allotment status.
The Gautam Gems IPO listing date is on Wednesday, February 7, 2018.
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