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Gujarat Hy-Spin IPO is a fixed price issue of ₹4.45 crores. The issue is entirely an offer for sale of 0.45 crore shares of ₹4.45 crore.
Gujarat Hy-Spin IPO bidding started from Jan 25, 2018 and ended on Jan 31, 2018. The shares got listed on BSE SME on Feb 8, 2018.
Gujarat Hy-Spin IPO price is ₹10.00 per share . The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,00,000 (10000 shares). The minimum lot size investment for HNI is 3 lots (30,000 shares), amounting to ₹3,00,000.
Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Pantomath Stock Brokers Pvt.Ltd..
Refer to Gujarat Hy-Spin IPO RHP for detailed Information.
| IPO Date | January 25, 2018 to January 31, 2018 |
| Listing Date | February 8, 2018 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹10 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 44,50,000 shares (aggregating up to ₹4.45 Cr) |
| Reserved for Market Maker | 2,30,000 shares Pantomath Stock Brokers Pvt.Ltd. (aggregating up to ₹0.2300 Cr) |
| Net Offered to Public | 42,20,000 shares (aggregating up to ₹4.22 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,67,50,000 shares |
| Share Holding Post Issue | 1,67,50,000 shares |
Gujarat Hy-Spin IPO offers total 44,50,000 shares. Out of which 21,10,000 (47.42%) allocated to NII, 21,10,000 (47.42%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,30,000 (5.17%) |
| NII (HNI) Shares Offered | 21,10,000 (47.42%) |
| Retail Shares Offered | 21,10,000 (47.42%) |
| Total Shares Offered | 44,50,000 (100.00%) |
Gujarat Hy-Spin IPO opens on January 25, 2018, and closes on January 31, 2018.
| IPO Open Date | Thu, Jan 25, 2018 |
| IPO Close Date | Wed, Jan 31, 2018 |
| Tentative Listing Date | Thu, Feb 8, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Jan 31, 2018 |
Investors can bid for a minimum of 10,000 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 | 10,000 | ₹1,00,000 |
| Retail (Max) | 2 | 20,000 | ₹2,00,000 |
| HNI (Min) | 3 | 30,000 | ₹3,00,000 |
Incorporated in 2011, Gujarat Hy-Spin Limited is Rajkot Gujarat based company engaged in manufacturing of cotton yarns. Company started with trading of Cotton Bales, Cotton Seeds and Wash Oil and in 2013 moved to manufacturing of cotton yarns mainly in domestic market and third party exports.
Company sell cotton yarns to the traders who further sell it to other Industrial units for weaving and other purposes. Company also sells directly to Industrial units for weaving purpose. Company's manufacturing plant is spread 15381.28 square meters which is well equipped with plant and machinery such as Blow room, Humidification facility, Contamination sorter, Link Conner etc.
[Dilip Davda] <p><strong>Investment in this at par issue may be considered for long term only.</strong></p> Read detail review...
| Listing Date | February 8, 2018 |
| BSE Script Code | 540938 |
| NSE Symbol | |
| ISIN | INE578V01013 |
| Final Issue Price | ₹10 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹10.35 |
| Low | ₹10.00 |
| High | ₹11.90 |
| Last Trade | ₹10.81 |
Gujarat Hy-Spin Ltd.
P. O. Box No. 22,
Gundala Road,
Gondal
Rajkot, Gujarat, 360311
Phone: 02825-297170
Email: cs@gujarathyspin.com
Website: http://www.gujarathyspin.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Gujarat Hy-Spin IPO is a SME IPO of 44,50,000 equity shares of the face value of ₹10 aggregating up to ₹4.45 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.
The IPO opens on January 25, 2018, and closes on January 31, 2018.
Bigshare 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 Gujarat Hy-Spin IPO using UPI as a payment gateway. Zerodha customers can apply in Gujarat Hy-Spin IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Gujarat Hy-Spin IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Gujarat Hy-Spin IPO opens on January 25, 2018 and closes on January 31, 2018.
Gujarat Hy-Spin IPO lot size is 10000, and the minimum amount required for application is ₹1,00,000.
You can apply in Gujarat Hy-Spin 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 Gujarat Hy-Spin IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Gujarat Hy-Spin IPO allotment status.
The Gujarat Hy-Spin IPO listing date is on Thursday, February 8, 2018.
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