Bookbuilding IPO | ₹80 Cr | Listed at BSE, NSE | Mon, Sep 11, 2006 - Thu, Sep 14, 2006
Gwalior Chemical Industries IPO is a book build issue of ₹80.00 crores. The issue is entirely a fresh issue of 0.99 crore shares of ₹80.00 crore.
Gwalior Chemical Industries IPO bidding started from Sep 11, 2006 and ended on Sep 14, 2006. The shares got listed on the NSE and the BSE on Oct 4, 2006.
Gwalior Chemical Industries IPO is set final issue price at ₹81 per share. The lot size for an application is 75 shares. The minimum amount of investment required by an individual investor (retail) is ₹6,375 (75 shares) (based on upper price). 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 Open
Mon, Sep 11, 2006
IPO Close
Thu, Sep 14, 2006
Issue Price
₹81 per share
Market Cap (Pre-IPO)
₹199.88 Cr
| IPO Date | 11 to 14 Sep, 2006 |
| Listed on | Wed, Oct 4, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹71 to ₹85 |
| Issue Price | ₹81 per share |
| Lot Size | 75 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 98,76,543 shares (agg. up to ₹80 Cr) |
| Fresh Issue | 98,76,543 shares (agg. up to ₹80 Cr) |
| Share Holding Pre Issue | 1,48,00,000 shares |
| Share Holding Post Issue | 2,46,76,543 shares |
| BSE Script Code / NSE Symbol | 532764 / GEECEE |
| ISIN | INE916G01016 |
Gwalior Chemical Industries IPO comprises a total issue size of 98,76,543 shares. Out of which, 49,38,271 (50.00%) are allocated to QIB, 14,81,482 (15.00%) allocated to NII 34,56,790 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 49,38,271 | 50.00% | NA |
| NII (HNI) Shares Offered | 14,81,482 | 15.00% | NA |
| Retail Shares Offered | 34,56,790 | 35.00% | 46,090 |
| Total Shares Offered | 98,76,543 | 100.00% |
Investors can bid for a minimum of 75 shares and in multiples thereof.
| 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 |
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.
| Period Ended | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 174.26 | 142.99 | 106.65 |
| Total Income | 173.71 | 135.65 | 104.36 |
| Profit After Tax | 15.59 | 13.13 | 4.49 |
| NET Worth | 61.36 | 46.28 | 34.22 |
| Reserves and Surplus | 47.28 | 32.15 | 31.27 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| KPI | Mar 31, 2006 |
|---|---|
| RoNW | 25.41% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 59.98% |
| Market Cap | ₹199.88 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 | Lead Management, underwriting and selling commission and Others325(Registrars fee, legal fee, listing fee, Auditors, Book Building fees, etc.) | 3.25 |
| 2 | Advertising and Marketing expenses | 1.00 |
| 3 | Printing and stationery | 1.75 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹81.00 | ₹81.00 |
| Open | ₹90.00 | ₹83.50 |
| Low | ₹85.00 | ₹83.50 |
| High | ₹95.25 | ₹95.40 |
| Last Trade | ₹93.80 | ₹93.85 |
Lead Manager Reports
Gwalior Chemical Industries IPO is a main-board IPO of 98,76,543 equity shares of the face value of ₹10 aggregating up to ₹80 Crores. The issue is priced at ₹81 per share. The minimum order quantity is 75.
The IPO opens on Mon, Sep 11, 2006, and closes on Thu, Sep 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 Mon, Sep 11, 2006 and closes on Thu, Sep 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 Wed, Oct 4, 2006.
