Fixed Price IPO | ₹5 Cr | Listed at NSE SME | Fri, Sep 30, 2016 - Fri, Oct 7, 2016
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 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.
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 Open
Fri, Sep 30, 2016
IPO Close
Fri, Oct 7, 2016
Issue Price
₹24 per share
Market Cap (Pre-IPO)
₹19.29 Cr
| IPO Date | 30 Sep to 7 Oct, 2016 |
| Listed on | Wed, Oct 19, 2016 |
| Face Value | ₹10 per share |
| Issue Price | ₹24 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 21,54,000 shares (agg. up to ₹5 Cr) |
| Reserved for Market Maker | 1,14,000 shares Hem Finlease Pvt.Ltd. (agg. up to ₹0.2736 Cr) |
| Fresh Issue (Ex Market Maker) | 20,40,000 shares (agg. up to ₹5 Cr) |
| Net Offered to Public | 20,40,000 shares (agg. up to ₹5 Cr) |
| Share Holding Pre Issue | 58,85,400 shares |
| Share Holding Post Issue | 80,39,400 shares |
| NSE Symbol | GICL |
| ISIN | INE947T01014 |
Globe International Carriers IPO comprises a total issue size of 21,54,000 shares. The net offer to the public is 20,40,000 shares, after excluding 1,14,000 shares allotted on a firm basis. Of the Net offer 10,20,000 (50.00%) allocated to NII 10,20,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 10,20,000 | 50.00% | 47.35% |
| Retail Shares Offered | 10,20,000 | 50.00% | 47.35% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,14,000 | 5.29% | |
| Total Shares Offered | 21,54,000 | 100.00% | 100.00% |
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 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 4.77 |
| KPI | |
|---|---|
| RoNW | 7.5% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 73.2% |
| Market Cap | ₹19.29 Cr. |
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.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including underwriting and selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, etc | 0.32 |
| 2 | Printing and Stationery and postage expenses | 0.03 |
| 3 | Advertising and Marketing expenses | 0.02 |
| 4 | Statutory expenses | 2.86 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹24.00 |
| Open | ₹24.50 |
| Low | ₹24.30 |
| High | ₹25.20 |
| Last Trade | ₹24.95 |
Sharex Dynamic (India) Pvt.Ltd.
Lead Manager Reports
Globe International Carriers IPO is a SME IPO of 21,54,000 equity shares of the face value of ₹10 aggregating up to ₹5 Crores. The issue is priced at ₹24 per share. The minimum order quantity is 6000.
The IPO opens on Fri, Sep 30, 2016, and closes on Fri, Oct 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 Fri, Sep 30, 2016 and closes on Fri, Oct 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 Wed, Oct 19, 2016.
