Fixed Price IPO | ₹39 Cr | Listed at BSE, NSE | Wed, May 9, 2007 - Tue, May 15, 2007
Glory Polyfilms IPO is a fixed price issue of ₹39.46 crores. The issue is entirely a fresh issue of 0.82 crore shares of ₹39.46 crore.
Glory Polyfilms IPO bidding started from May 9, 2007 and ended on May 15, 2007. The shares got listed on BSE, NSE on Jun 18, 2007.
Glory Polyfilms IPO price is ₹48 per share. The lot size for an application is 125. The minimum amount of investment required by an individual investor (retail) is ₹6,000 (125 shares) (based on upper price). The lot size investment for sNII is 34 lots (4,250 shares), amounting to ₹2,04,000, and for bNII, it is 167 lots (20,875 shares), amounting to ₹10,02,000.
Srei Capital Markets Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Glory Polyfilms IPO RHP for detailed Information.
IPO Open
Wed, May 9, 2007
IPO Close
Tue, May 15, 2007
Issue Price
₹48 per share
Market Cap (Pre-IPO)
₹83.85 Cr
| IPO Date | 9 to 15 May, 2007 |
| Listed on | Mon, Jun 18, 2007 |
| Face Value | ₹10 per share |
| Issue Price | ₹48 per share |
| Lot Size | 125 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 82,20,000 shares (agg. up to ₹39 Cr) |
| Fresh Issue | 82,20,000 shares (agg. up to ₹39 Cr) |
| Share Holding Pre Issue | 92,48,148 shares |
| Share Holding Post Issue | 1,74,68,148 shares |
| BSE Script Code / NSE Symbol | 532857 / GLORY |
| ISIN | INE408H01012 |
Glory Polyfilms IPO comprises a total issue size of 82,20,000 shares. Out of which, 41,10,000 (50.00%) allocated to NII 41,10,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| NII (HNI) Shares Offered | 41,10,000 | 50.00% | NA |
| Retail Shares Offered | 41,10,000 | 50.00% | 32,880 |
| Total Shares Offered | 82,20,000 | 100.00% |
Investors can bid for a minimum of 125 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 125 | ₹6,000 |
| Retail (Max) | 33 | 4,125 | ₹1,98,000 |
| S-HNI (Min) | 34 | 4,250 | ₹2,04,000 |
Incorporated in 1997, Glory Polyfilms Limited (GPL) is in business of packaging & printing for various segments of food and FMCG industry. GPL is a manufacturing company with ISO 9001:2000 and HACCP certification from TUV South Asia Private Limited.
Glory Polyfilms clients include large institutions, large scale industries, Co-operative unions, Boards and various small scale industries encompassing industries like Confectionery, Edible Oils, Atta, Flour, Tea, Milk Powder, Soft Drink Concentrates, Rice, Baking products, Ghee, Coffee, Vanaspati, Cereals, Chocolates, Biscuits, snack foods, Milk, Cheese, Hair Oil, Shampoo, Cosmetics, Detergent, Lube Oils and various other industries.
GPL's plant is located at Daman, approximately 160 km from City of Mumbai. This plant manufactures 3 layer and 5 layer barrier multi layer films. This plant has printing facility with automatic registration control and can print up to 8 colors and also has Solvent based and Solvent -less Lamination facility.
| 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 | Proposed expansion of Multilayer film producing capacity by 11652 MTPA, printing capacity by 4956 MTPA and lamination capacity by 3500 MTPA | 31.73 |
| 2 | Working capital margin requirements for the proposed expansion | 6.24 |
| 3 | Expenses of the public Issue | 2.75 |
| 4 | General Corporate Purposes | 2.47 |
| KPI | |
|---|---|
| RoNW | 20.34% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 52.94% |
| Market Cap | ₹83.85 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 | Issue Management Fees | 0.99 |
| 2 | Registrar, Legal Advisor, Auditors etc. | 0.10 |
| 3 | Printing & Stationery, Distribution, Postage, etc. | 0.50 |
| 4 | Brokerage & Selling Commission | 0.39 |
| 5 | Advertisement & Marketing Expenses | 0.50 |
| 6 | Other Expenses (incl. Filing Fees, Listing Fees, Depository Charges, etc.) | 0.10 |
| 7 | Contingencies | 0.17 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹48.00 | ₹48.00 |
| Open | ₹50.00 | ₹48.00 |
| Low | ₹50.00 | ₹48.00 |
| High | ₹84.00 | ₹84.00 |
| Last Trade | ₹61.85 | ₹62.10 |
Lead Manager Reports
Glory Polyfilms IPO is a main-board IPO of 82,20,000 equity shares of the face value of ₹10 aggregating up to ₹39 Crores. The issue is priced at ₹48 per share. The minimum order quantity is 125.
The IPO opens on Wed, May 9, 2007, and closes on Tue, May 15, 2007.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Glory Polyfilms IPO using UPI as a payment gateway. Zerodha customers can apply in Glory Polyfilms IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Glory Polyfilms IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Glory Polyfilms IPO opens on Wed, May 9, 2007 and closes on Tue, May 15, 2007.
Glory Polyfilms IPO lot size is 125, and the minimum amount required for application is ₹6,000.
You can apply in Glory Polyfilms 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 Glory Polyfilms IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Glory Polyfilms IPO allotment status.
The Glory Polyfilms IPO listing date is on Mon, Jun 18, 2007.
