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Gwalior Chemical Industries IPO is a book build issue .
Gwalior Chemical Industries IPO bidding started from Sep 11, 2006 and ended on Sep 14, 2006. The shares got listed on BSE, NSE on Oct 4, 2006.
Gwalior Chemical Industries IPO price band is set at ₹81.00 per share . The lot size for an application is 75. The minimum amount of investment required by an retail is ₹5,325 (75 shares). The lot size investment for sNII is 33 lots (2,475 shares), amounting to ₹2,00,475, and for bNII, it is 165 lots (12,375 shares), amounting to ₹10,02,375.
JM Morgan Stanley Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Gwalior Chemical Industries IPO RHP for detailed Information.
| IPO Date | September 11, 2006 to September 14, 2006 |
| Listing Date | October 4, 2006 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹71 to ₹85 per share |
| Issue Price Final | ₹81 per share |
| Lot Size | 75 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,48,00,000 shares |
| Share Holding Post Issue | 2,46,76,543 shares |
Gwalior Chemical Industries IPO opens on September 11, 2006, and closes on September 14, 2006.
| IPO Open Date | Mon, Sep 11, 2006 |
| IPO Close Date | Thu, Sep 14, 2006 |
| Tentative Listing Date | Wed, Oct 4, 2006 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Sep 14, 2006 |
Investors can bid for a minimum of 75 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 | 75 | ₹6,075 |
| Retail (Max) | 32 | 2,400 | ₹1,94,400 |
| S-HNI (Min) | 33 | 2,475 | ₹2,00,475 |
| S-HNI (Max) | 164 | 12,300 | ₹9,96,300 |
| B-HNI (Min) | 165 | 12,375 | ₹10,02,375 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Gwalior Chemical Industries Limited is a leading global producer of speciality chemical products.
GCIL has chemical plants at Nagda (Madhya Pradesh) and Ankleshwar (Gujarat) and supply chemical products to agrochemicals, pharmaceuticals, dyes and flavours & fragrance industries.
Gwalior Chemical Industries Produces:
1. Chlorotoluene range of products including Benzyl Chloride, Benzaldeyhde, Benzotrichloride, Benzyl Alcohol and its other derivatives.
2. Sulphur Chloride including Thionyl Chloride and Sulphuryl Chloride.
3. Viscose Dye Pigments catering to the textile sector.
The Company Gwalior Chemical 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 | Expansion, upgradation and de-bottlenecking of our facilities at Nagda | 31.75 |
| 2 | Setting up new plants for new products | 16.35 |
| 3 | Other additional capital expenditure for the above expansion | 16.00 |
| 4 | To support our financing activities | 26.00 |
| Listing Date | October 4, 2006 |
| BSE Script Code | 532764 |
| NSE Symbol | GEECEE |
| ISIN | INE916G01016 |
| Final Issue Price | ₹81 per share |
Gwalior Chemical Industries Ltd.
Gwalior Chemical Industries,
1 & 2, Western India House,
Sir P.M. Road, Fort
Mumbai, Maharashtra, 400001
Phone: +91-22-2287 3541
Email: ipo@gwaliorchemicals.com
Website: http://www.GwaliorChemicals.com
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: gwalior-ipo@intimespectrum.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Gwalior Chemical Industries IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at ₹81 per share. The minimum order quantity is 75.
The IPO opens on September 11, 2006, and closes on September 14, 2006.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Gwalior Chemical Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Gwalior Chemical Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Gwalior Chemical Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Gwalior Chemical Industries IPO opens on September 11, 2006 and closes on September 14, 2006.
Gwalior Chemical Industries IPO lot size is 75, and the minimum amount required for application is ₹6,075.
You can apply in Gwalior Chemical Industries 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 Gwalior Chemical Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Gwalior Chemical Industries IPO allotment status.
The Gwalior Chemical Industries IPO listing date is on Wednesday, October 4, 2006.
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