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Globe International Carriers IPO is a fixed price issue of ₹5.17 crores. The issue is entirely a fresh issue of 0.22 crore shares of ₹5.17 crore.
Globe International Carriers IPO bidding started from Sep 30, 2016 and ended on Oct 7, 2016. The shares got listed on NSE SME on Oct 19, 2016.
Globe International Carriers 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.
Hem Securities Ltd. is the book running lead manager and Sharex Dynamic (India) Pvt.Ltd. is the registrar of the issue. The market maker of the company is Hem Finlease Pvt.Ltd..
Refer to Globe International Carriers IPO RHP for detailed Information.
| IPO Date | September 30, 2016 to October 7, 2016 |
| Listing Date | October 19, 2016 |
| 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 | 21,54,000 shares (aggregating up to ₹5.17 Cr) |
| Reserved for Market Maker | 1,14,000 shares Hem Finlease Pvt.Ltd. (aggregating up to ₹0.2736 Cr) |
| Net Offered to Public | 20,40,000 shares (aggregating up to ₹4.90 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 58,85,400 shares |
| Share Holding Post Issue | 80,39,400 shares |
Globe International IPO offers total 21,54,000 shares. Out of which 10,20,000 (47.35%) allocated to NII, 10,20,000 (47.35%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,14,000 (5.29%) |
| NII (HNI) Shares Offered | 10,20,000 (47.35%) |
| Retail Shares Offered | 10,20,000 (47.35%) |
| Total Shares Offered | 21,54,000 (100.00%) |
Globe International Carriers IPO opens on September 30, 2016, and closes on October 7, 2016.
| IPO Open Date | Fri, Sep 30, 2016 |
| IPO Close Date | Fri, Oct 7, 2016 |
| Tentative Listing Date | Wed, Oct 19, 2016 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Oct 7, 2016 |
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, Globe International Carriers Ltd is Jaipur, Rajasthan based logistics services provider. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.The company offers a range of logistics services, including transportation of various types of industries goods, and bulk transportation and other related services through open/closed body vehicles and through two/three/four wheeler vehicles, as well as packing and unpacking services of goods.
Company's goods transportation business serves a broad range of industries, including metal and metal products, textiles, apparel, furniture, appliances, pharmaceutical products, rubber, plastics, wood, glass, telecom products automotive parts and machinery. Visit chittorgarh.com for more detail.Company maintain its own fleet of 8 owned vehicles.
The Company Globe International Carriers 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 Meet Working Capital Requirement | 4.77 |
[Dilip Davda] Investors may consider medium to long term investment in this IPO. Read detail review...
| Listing Date | October 19, 2016 |
| BSE Script Code | |
| NSE Symbol | GICL |
| ISIN | INE947T01014 |
| Final Issue Price | ₹24 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹24.00 |
| Open | ₹24.50 |
| Low | ₹24.30 |
| High | ₹25.20 |
| Last Trade | ₹24.95 |
Globe International Carriers Ltd.
301-306, Prakash Deep Complex,
Near Mayank Trade Centre,
Station Road, Jaipur 302006, Rajasthan
Jaipur, Rajasthan
Phone: +91-141-2361794
Email: cs@gicpl.in
Website: http://www.gicpl.in/
Sharex Dynamic (India) Pvt.Ltd.
Phone: +91- 22 - 2851 5606
Email: gicl.ipo@sharexindia.com
Website:
Globe International Carriers IPO is a SME IPO of 21,54,000 equity shares of the face value of ₹10 aggregating up to ₹5.17 Crores. The issue is priced at ₹24 per share. The minimum order quantity is 6000.
The IPO opens on September 30, 2016, and closes on October 7, 2016.
Sharex Dynamic (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Globe International Carriers IPO using UPI as a payment gateway. Zerodha customers can apply in Globe International Carriers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Globe International Carriers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Globe International Carriers IPO opens on September 30, 2016 and closes on October 7, 2016.
Globe International Carriers IPO lot size is 6000, and the minimum amount required for application is ₹1,44,000.
You can apply in Globe International Carriers 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 Globe International Carriers IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Globe International Carriers IPO allotment status.
The Globe International Carriers IPO listing date is on Wednesday, October 19, 2016.
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